Countries with fastest growing economies 2022
Russian foreign trade
reports and reviews

Russian trade with Venezuela in 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 Venezuela in 2018: exports, imports, products, dynamics.

Russia’s Trade with Venezuela

In 2018, Russia’s trade with Venezuela totaled $85,278,453, up 24.75% ($16,917,789) from 2017.

Russia’s exports to Venezuela in 2018 totaled $84,063,070, up 24.34% ($16,457,349) from 2017.

Russia’s imports from Venezuela in 2018 totaled $1,215,383, up 60.99% ($460,440) from 2017.

Russia’s trade surplus with Venezuela in 2018 was $82,847,687, a 23.93% increase ($15,996,909) over 2017.

Venezuela was Russia’s 126th largest trading partner in 2018 (down from 125th in 2017), accounting for 0.0124% of Russia’s total trade (up from 0.0117% in 2017).

Venezuela was Russia’s 110th largest export market in 2018 (down from 107th in 2017), accounting for 0.0187% of Russia’s total exports (down from 0.0189% in 2017).

Venezuela was Russia’s 145th largest supplier in 2018 (up from 149th in 2017), accounting for 0.0005% of Russia’s total imports (up from 0.0003% in 2017).

Russia’s Exports to Venezuela

The major share of Russian exports to Venezuela in 2018 (and in 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 82.25% of Russia’s total exports to Venezuela (61.94% in 2017);
  • Chemical products (HS codes 28-40) - 6.87% of Russia’s total exports to Venezuela (7.24% in 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 5.99% of Russia’s total exports to Venezuela (27.19% in 2017);
  • Mineral products (HS codes 25-27) - 2.62% of Russia’s total exports to Venezuela (0.64% in 2017);
  • Metals and products from them (HS codes 72-83) - 0.79% of Russia’s total exports to Venezuela (1.71% in 2017).

The largest gains in Russia’s exports to Venezuela in 2018 over 2017 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $16,155,447;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $11,109,074;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $1,773,640;
  • Fertilizers (HS code 31) - an increase of $1,096,064.

The largest declines in Russia’s exports to Venezuela in 2018 over 2017 were recorded for the following product groups:

  • 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) - a decrease of $7,550,720;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $5,793,164;
  • 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) - a decrease of $750,293;
  • Organic chemicals (HS code 29) - a decrease of $261,905;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $255,551.
Russia’s exports to Venezuela in 2018 by product groups
HS
code
Name of product group Value of exports
in 2018,
US dollars ($)
Percent share in total export Value of exports
in 2017,
US dollars ($)
Percent change
in 2018
over 2017
10 Cereals 57,938,902 68.92 41,783,45538.66
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0 0.00 5,133-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 11,133,911 13.24 24,83744,727.92
19 Preparations of cereals, flour, starch or milk; bakers’ wares 6,711 0.01 6,800-1.31
22 Beverages, spirits and vinegar 58,633 0.07 57,0832.72
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0 0.00 6,667-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,199,300 2.62 425,660416.68
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0 0.00 2,054-100.00
29 Organic chemicals 19,547 0.02 281,452-93.05
30 Pharmaceutical products 200 0.00 131,438.46
31 Fertilizers 5,103,804 6.07 4,007,74027.35
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 39 0.00 0
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 27,868 0.03 10925,466.97
35 Albuminoidal substances; modified starches; glues; enzymes 479 0.00 190152.11
38 Miscellaneous chemical products 12,039 0.01 30,350-60.33
39 Plastics and articles thereof 571,201 0.68 570,3600.15
40 Rubber and articles thereof 38,309 0.05 3,1141,130.22
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,320 0.00 0
44 Wood and articles of wood; wood charcoal 0 0.00 2-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 34,057 0.04 89,582-61.98
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 23 0.00 0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 59 0.00 808-92.70
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 616 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 170 0.00 204-16.67
62 Articles of apparel and clothing accessories, not knitted or crocheted 481 0.00 164193.29
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 383 0.00 907-57.77
64 Footwear, gaiters and the like; parts of such articles 1,270 0.00 164674.39
65 Headgear and parts thereof 168 0.00 49242.86
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 582 0.00 236146.61
70 Glass and glassware 139 0.00 7,645-98.18
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 125,594 0.15 0
72 Iron and steel 12,389 0.01 22,310-44.47
73 Articles of iron or steel 345,734 0.41 559,030-38.15
74 Copper and articles thereof 84 0.00 2,057-95.92
76 Aluminum and articles thereof 150 0.00 6,198-97.58
78 Lead and articles thereof 15 0.00 11,400.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 295,621 0.35 551,172-46.37
83 Miscellaneous articles of base metal 8,750 0.01 14,002-37.51
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,661,752 4.36 9,454,916-61.27
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 522,054 0.62 8,072,774-93.53
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 67,194 0.08 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 780,843 0.93 850,971-8.24
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 1,032 0.00 751,325-99.86
96 Miscellaneous manufactured articles 3,626 0.00 784,548.72
SS Classified 1,088,021 1.29 16 1096,654.12

Russia’s Imports from Venezuela

The major share of Russian imports from Venezuela in 2018 (and in 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 87.52% of Russia’s total imports from Venezuela (88.87% in 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.40% of Russia’s total imports from Venezuela (5.67% in 2017);
  • Metals and products from them (HS codes 72-83) - 0.43% of Russia’s total imports from Venezuela (3.44% in 2017);
  • Wood and wood products (HS codes 44-49) - 0.00% of Russia’s total imports from Venezuela (1.90% in 2017).

The largest gains in Russia’s imports from Venezuela in 2018 over 2017 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - an increase of $310,970;
  • Raw hides and skins (other than furskins) and leather (HS code 41) - an increase of $126,600;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $82,199.

The largest declines in Russia’s imports from Venezuela in 2018 over 2017 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - a decrease of $21,072;
  • 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) - a decrease of $19,943;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $14,366.
Russia’s imports from Venezuela in 2018 by product groups
HS
code
Name of product group Value of imports in 2018,
US dollars ($)
Percent share in total import Value of imports in 2017,
US dollars ($)
Percent change
in 2018
over 2017
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 509 0.04 0
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 904-100.00
18 Cocoa and cocoa preparations 168,134 13.83 85,93595.65
22 Beverages, spirits and vinegar 895,054 73.64 584,08453.24
29 Organic chemicals 332 0.03 17787.57
39 Plastics and articles thereof 687 0.06 0
40 Rubber and articles thereof 1,703 0.14 742129.51
41 Raw hides and skins (other than furskins) and leather 126,600 10.42 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 14,366-100.00
70 Glass and glassware 47 0.00 0
73 Articles of iron or steel 4,353 0.36 25,425-82.88
74 Copper and articles thereof 637 0.05 53519.07
83 Miscellaneous articles of base metal 252 0.02 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 260 0.02 807-67.78
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 3,976 0.33 23,919-83.38
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 11,768 0.97 15,108-22.11
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,071 0.09 2,941-63.58
Russian foreign trade statistics
Source: Federal Customs Service of Russia