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Russian trade in goods with South Korea in Q4 2018

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with South Korea in the fourth quarter of 2018: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 4th quarter of 2018, Russia’s trade with South Korea totaled $7,227,118,755, up 68.90% ($2,948,059,530) from the 4th quarter of 2017.

Russia’s exports to South Korea in the 4th quarter of 2018 totaled $5,415,117,499, up 95.81% ($2,649,588,786) from the 4th quarter of 2017.

Russia’s imports from South Korea in the 4th quarter of 2018 totaled $1,812,001,256, up 19.72% ($298,470,744) from the 4th quarter of 2017.

Russia’s trade surplus with South Korea in the 4th quarter of 2018 was $3,603,116,243, a 187.79% increase ($2,351,118,042) over the 4th quarter of 2017.

South Korea was Russia’s 6th largest trading partner in the 4th quarter of 2018 (up from 12th in the 4th quarter of 2017), accounting for 3.8682% of Russia’s total trade (up from 2.5601% in the 4th quarter of 2017).

South Korea was Russia’s 5th largest export market in the 4th quarter of 2018 (up from 10th in the 4th quarter of 2017), accounting for 4.3498% of Russia’s total exports (up from 2.6885% in the 4th quarter of 2017).

South Korea was Russia’s 8th largest supplier in the 4th quarter of 2018 (just as in the 4th quarter of 2017), accounting for 2.9065% of Russia’s total imports (up from 2.3546% in the 4th quarter of 2017).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea in the 4th quarter of 2018 (and in the 4th quarter of 2017) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 85.53% of Russia’s total exports to South Korea (65.55% in the 4th quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.19% of Russia’s total exports to South Korea (14.14% in the 4th quarter of 2017);
  • Metals and products from them (HS codes 72-83) - 2.77% of Russia’s total exports to South Korea (11.45% in the 4th quarter of 2017);
  • Chemical products (HS codes 28-40) - 2.08% of Russia’s total exports to South Korea (0.97% in the 4th quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 1.20% of Russia’s total exports to South Korea (1.97% in the 4th quarter of 2017);
  • Precious metals and stones (HS code 71) - 0.71% of Russia’s total exports to South Korea (1.55% in the 4th quarter of 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.43% of Russia’s total exports to South Korea (4.29% in the 4th quarter of 2017).

The largest gains in Russia’s exports to South Korea in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $2,830,111,510;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $79,535,986;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $65,487,451.

The largest declines in Russia’s exports to South Korea in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - a decrease of $164,808,344;
  • Ships, boats and floating structures (HS code 89) - a decrease of $93,944,781;
  • Cereals (HS code 10) - a decrease of $70,338,758.
Russia’s exports to South Korea in the 4th quarter of 2018 by product groups
HS
code
Name of product group Value of exports
in Q4 2018,
US dollars ($)
Percent share in total export Value of exports
in Q4 2017,
US dollars ($)
Percent change
in Q4 2018
over Q4 2017
01 Live animals 460 0.00 101355.45
02 Meat and edible meat offal 31,485 0.00 583,074-94.60
03 Fish and crustaceans, molluscs and other aquatic invertebrates 361,662,892 6.68 296,175,44122.11
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 6,873 0.00 0
05 Products of animal origin, not elsewhere specified or included 52,758 0.00 365,369-85.56
07 Edible vegetables and certain roots and tubers 11,134 0.00 10,1699.49
08 Edible fruit and nuts; peel of citrus fruit or melons 9,450 0.00 7,68722.93
09 Coffee, tea, maté and spices 206,142 0.00 1,15117,809.82
10 Cereals 13,889,228 0.26 84,227,986-83.51
11 Products of the milling industry; malt; starches; inulin; wheat gluten 20,281 0.00 59,713-66.04
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2,514,431 0.05 294,378754.15
13 Lac; gums, resins and other vegetable saps and extracts 309,440 0.01 331,760-6.73
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 415,578 0.01 76,784441.23
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 517,235 0.01 483,0127.09
17 Sugars and sugar confectionery 0 0.00 12,000-100.00
18 Cocoa and cocoa preparations 207,247 0.00 217,923-4.90
19 Preparations of cereals, flour, starch or milk; bakers’ wares 26,864 0.00 85,328-68.52
20 Preparations of vegetables, fruit, nuts or other parts of plants 36,981 0.00 26,94937.23
21 Miscellaneous edible preparations 720,507 0.01 748,519-3.74
22 Beverages, spirits and vinegar 158,031 0.00 378,559-58.25
23 Residues and waste from the food industries; prepared animal feed 8,396,416 0.16 5,992,82940.11
24 Tobacco and manufactured tobacco substitutes 0 0.00 889,654-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 20,055 0.00 29,567-32.17
26 Ores, slag and ash 36,019,441 0.67 47,134,952-23.58
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 4,595,613,816 84.87 1,765,502,306160.30
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 83,209,801 1.54 3,673,8152,164.94
29 Organic chemicals 4,985,700 0.09 3,995,90624.77
30 Pharmaceutical products 13,738,246 0.25 9,668,99242.09
31 Fertilizers 4,224 0.00 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,082,492 0.04 2,450,261-15.01
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 50,376 0.00 10,641373.41
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 102,699 0.00 6,0531,596.66
35 Albuminoidal substances; modified starches; glues; enzymes 539 0.00 960-43.85
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 34,466 0.00 23,95643.87
38 Miscellaneous chemical products 117,617 0.00 675,506-82.59
39 Plastics and articles thereof 4,273,489 0.08 3,434,41624.43
40 Rubber and articles thereof 4,072,909 0.08 3,020,25134.85
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 189 0.00 521-63.72
43 Furskins and artificial fur; manufactures thereof 139,972 0.00 0
44 Wood and articles of wood; wood charcoal 30,563,648 0.56 28,096,6408.78
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 32,213,159 0.59 22,432,67243.60
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,094,831 0.04 3,559,228-41.14
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 297,535 0.01 384,311-22.58
52 Cotton 108 0.00 10980.00
54 Man-made filaments 152,220 0.00 121,11025.69
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 235,636 0.00 472,694-50.15
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 370 0.00 184101.09
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6,427 0.00 2,962116.98
61 Articles of apparel and clothing accessories, knitted or crocheted 59,649 0.00 12,291385.31
62 Articles of apparel and clothing accessories, not knitted or crocheted 133,083 0.00 1,4269,232.61
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 83,636 0.00 38,396117.82
64 Footwear, gaiters and the like; parts of such articles 89,554 0.00 45,74795.76
65 Headgear and parts thereof 13,214 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 26,949 0.00 36,719-26.61
69 Ceramic products 246,251 0.00 512,470-51.95
70 Glass and glassware 255,329 0.00 291,694-12.47
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 38,414,208 0.71 42,918,744-10.50
72 Iron and steel 99,195,105 1.83 101,211,034-1.99
73 Articles of iron or steel 1,612,306 0.03 1,706,316-5.51
74 Copper and articles thereof 125,831 0.00 150,005-16.12
75 Nickel and articles thereof 10,390 0.00 4,558127.95
76 Aluminum and articles thereof 46,337,496 0.86 211,145,840-78.05
80 Tin and articles thereof 53,969 0.00 109,382-50.66
81 Other base metals; cermets; articles thereof 2,568,881 0.05 2,131,42120.52
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 51,599 0.00 60,666-14.95
83 Miscellaneous articles of base metal 1,257 0.00 1,550-18.90
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 16,729,941 0.31 10,127,22265.20
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 3,039,860 0.06 9,816,349-69.03
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 69,120 0.00 843,724-91.81
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 124,954 0.00 61,103104.50
89 Ships, boats and floating structures 1,513,477 0.03 95,458,258-98.41
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,542,949 0.03 2,278,721-32.29
91 Clocks and watches and parts thereof 1,809 0.00 11,116-83.73
92 Musical instruments; parts and accessories of such articles 2,236 0.00 0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 52,062 0.00 271,242-80.81
95 Toys, games and sports requisites; parts and accessories thereof 492,770 0.01 125394,116.00
96 Miscellaneous manufactured articles 892 0.00 7,057-87.36
SS Classified 3,045,324 0.06 609 237399.86

Russia’s Imports from South Korea

The major share of Russian imports from South Korea in the 4th quarter of 2018 (and in the 4th quarter of 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 63.24% of Russia’s total imports from South Korea (62.82% in the 4th quarter of 2017);
  • Chemical products (HS codes 28-40) - 17.60% of Russia’s total imports from South Korea (18.35% in the 4th quarter of 2017);
  • Metals and products from them (HS codes 72-83) - 9.38% of Russia’s total imports from South Korea (8.02% in the 4th quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.05% of Russia’s total imports from South Korea (2.31% in the 4th quarter of 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.76% of Russia’s total imports from South Korea (2.12% in the 4th quarter of 2017);
  • Mineral products (HS codes 25-27) - 1.37% of Russia’s total imports from South Korea (1.56% in the 4th quarter of 2017).

The largest gains in Russia’s imports from South Korea in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $171,157,250;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $50,654,808;
  • Articles of iron or steel (HS code 73) - an increase of $39,006,479;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $24,456,667;
  • Plastics and articles thereof (HS code 39) - an increase of $19,164,311;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $13,611,776;
  • Organic chemicals (HS code 29) - an increase of $11,029,948;
  • Pharmaceutical products (HS code 30) - an increase of $8,996,989;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $7,087,783;
  • Iron and steel (HS code 72) - an increase of $5,751,525.

The largest declines in Russia’s imports from South Korea in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $26,950,171;
  • Ships, boats and floating structures (HS code 89) - a decrease of $24,658,667;
  • Rubber and articles thereof (HS code 40) - a decrease of $10,317,879;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $5,824,156.
Russia’s imports from South Korea in the 4th quarter of 2018 by product groups
HS
code
Name of product group Value of imports in Q4 2018,
US dollars ($)
Percent share in total import Value of imports in Q4 2017,
US dollars ($)
Percent change
in Q4 2018
over Q4 2017
03 Fish and crustaceans, molluscs and other aquatic invertebrates 720,716 0.04 902,423-20.14
05 Products of animal origin, not elsewhere specified or included 0 0.00 576-100.00
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0 0.00 22,603-100.00
07 Edible vegetables and certain roots and tubers 18,954 0.00 9,83392.76
08 Edible fruit and nuts; peel of citrus fruit or melons 550,494 0.03 500,7529.93
09 Coffee, tea, maté and spices 29,232 0.00 23,95522.03
10 Cereals 35,762 0.00 29,08822.94
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 1,653,428 0.09 3,105,352-46.76
13 Lac; gums, resins and other vegetable saps and extracts 20,328 0.00 14,18243.34
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0 0.00 18,618-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 313,987 0.02 209,13550.14
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 111,600 0.01 0
17 Sugars and sugar confectionery 401,191 0.02 370,8938.17
18 Cocoa and cocoa preparations 405,847 0.02 457,993-11.39
19 Preparations of cereals, flour, starch or milk; bakers’ wares 5,245,465 0.29 4,460,29717.60
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,833,090 0.10 1,162,12957.74
21 Miscellaneous edible preparations 14,183,952 0.78 11,847,14919.72
22 Beverages, spirits and vinegar 6,536,813 0.36 4,739,40837.92
23 Residues and waste from the food industries; prepared animal feed 120,357 0.01 147,518-18.41
24 Tobacco and manufactured tobacco substitutes 4,986,749 0.28 6,971,863-28.47
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 7,843 0.00 22,817-65.63
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 24,863,809 1.37 23,514,4175.74
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 10,440,782 0.58 16,264,938-35.81
29 Organic chemicals 49,780,839 2.75 38,750,89128.46
30 Pharmaceutical products 15,455,507 0.85 6,458,518139.30
31 Fertilizers 2,214 0.00 1,30969.14
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 7,551,343 0.42 6,066,79724.47
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 39,145,377 2.16 25,533,60153.31
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 10,470,681 0.58 9,105,33914.99
35 Albuminoidal substances; modified starches; glues; enzymes 1,792,421 0.10 1,373,25630.52
37 Photographic or cinematographic goods 457,705 0.03 379,18920.71
38 Miscellaneous chemical products 9,781,150 0.54 8,699,08212.44
39 Plastics and articles thereof 139,760,316 7.71 120,596,00515.89
40 Rubber and articles thereof 34,257,147 1.89 44,575,026-23.15
41 Raw hides and skins (other than furskins) and leather 493,853 0.03 1,168,890-57.75
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,658,861 0.15 964,728175.61
43 Furskins and artificial fur; manufactures thereof 16,366 0.00 2,959453.09
44 Wood and articles of wood; wood charcoal 68,363 0.00 68,970-0.88
45 Cork and articles of cork 1,321 0.00 91444.53
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 1,648 0.00 21,804-92.44
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 14,670,942 0.81 12,401,21118.30
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,466,867 0.08 1,099,44133.42
50 Silk 0 0.00 6,102-100.00
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 33,634 0.00 35,228-4.52
52 Cotton 1,008,592 0.06 508,91498.19
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 13,636 0.00 17,181-20.63
54 Man-made filaments 3,826,963 0.21 2,355,43262.47
55 Man-made staple fibers 10,557,721 0.58 12,330,261-14.38
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 3,638,616 0.20 3,806,102-4.40
57 Carpets and other textile floor coverings 10,730 0.00 7,73938.65
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 333,499 0.02 392,802-15.10
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6,878,369 0.38 7,194,113-4.39
60 Knitted or crocheted fabrics 2,041,984 0.11 1,789,91314.08
61 Articles of apparel and clothing accessories, knitted or crocheted 604,948 0.03 871,191-30.56
62 Articles of apparel and clothing accessories, not knitted or crocheted 238,385 0.01 418,814-43.08
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,378,054 0.13 1,768,21134.49
64 Footwear, gaiters and the like; parts of such articles 248,035 0.01 369,103-32.80
65 Headgear and parts thereof 21,154 0.00 41,745-49.33
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 4,915 0.00 1,230299.59
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 107,970 0.01 104,6023.22
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,665,699 0.20 3,848,508-4.75
69 Ceramic products 275,436 0.02 363,009-24.12
70 Glass and glassware 7,473,493 0.41 5,816,33228.49
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 192,732 0.01 264,849-27.23
72 Iron and steel 68,033,876 3.75 62,282,3519.23
73 Articles of iron or steel 66,777,191 3.69 27,770,712140.46
74 Copper and articles thereof 825,128 0.05 866,116-4.73
75 Nickel and articles thereof 1,245 0.00 17,739-92.98
76 Aluminum and articles thereof 2,457,239 0.14 3,775,065-34.91
78 Lead and articles thereof 213 0.00 8,329-97.44
79 Zinc and articles thereof 820,134 0.05 521,61957.23
81 Other base metals; cermets; articles thereof 616,156 0.03 1,105,651-44.27
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 10,820,895 0.60 9,138,39218.41
83 Miscellaneous articles of base metal 19,528,439 1.08 15,886,43022.93
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 266,167,829 14.69 293,118,000-9.19
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 270,514,267 14.93 219,859,45923.04
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 544,289 0.03 167,183225.56
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 520,259,235 28.71 349,101,98549.03
89 Ships, boats and floating structures 9,554,466 0.53 34,213,133-72.07
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 78,815,160 4.35 54,358,49344.99
91 Clocks and watches and parts thereof 294,001 0.02 198,67747.98
92 Musical instruments; parts and accessories of such articles 292,416 0.02 232,37425.84
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 43,639,913 2.41 36,552,13019.39
95 Toys, games and sports requisites; parts and accessories thereof 1,802,055 0.10 844,240113.45
96 Miscellaneous manufactured articles 3,442,857 0.19 4,370,347-21.22
SS Classified 2,926,367 0.16 4 766 837-38.61
Russian foreign trade statistics
Source: Federal Customs Service of Russia