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

Russian trade with Ghana in 2012

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Ghana in 2012: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In 2012, Russia’s trade with Ghana totaled $273,665,619, up 51.90% ($93,506,055) from 2011.

Russia’s exports to Ghana in 2012 totaled $165,642,471, up 159.84% ($101,893,506) from 2011.

Russia’s imports from Ghana in 2012 were $108,023,148, down 7.21% ($8,387,451) from 2011.

Russia’s trade balance with Ghana went from a deficit of $52,661,634 in 2011, to a surplus of $57,619,323 in 2012.

Ghana was Russia’s 88th largest trading partner in 2012 (up from 101st in 2011), accounting for 0.0325% of Russia’s total trade (up from 0.0219% in 2011).

Ghana was Russia’s 91st largest export market in 2012 (up from 109th in 2011), accounting for 0.0316% of Russia’s total exports (up from 0.0123% in 2011).

Ghana was Russia’s 80th largest supplier in 2012 (down from 79th in 2011), accounting for 0.0340% of Russia’s total imports (down from 0.0381% in 2011).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana in 2012 (and in 2011) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 33.80% of Russia’s total exports to Ghana (44.63% in 2011);
  • Metals and products from them (HS codes 72-83) - 14.05% of Russia’s total exports to Ghana (22.31% in 2011);
  • Wood and wood products (HS codes 44-49) - 7.42% of Russia’s total exports to Ghana (24.85% in 2011);
  • Machinery, equipment and vehicles (HS codes 84-90) - 6.30% of Russia’s total exports to Ghana (2.01% in 2011);
  • Mineral products (HS codes 25-27) - 0.70% of Russia’s total exports to Ghana (6.12% in 2011).

The largest gains in Russia’s exports to Ghana in 2012 over 2011 were recorded for the following product groups:

  • Fertilizers (HS code 31) - an increase of $28,043,376;
  • Iron and steel (HS code 72) - an increase of $9,239,477;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $3,727,375;
  • 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 $2,626,223;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2,543,971;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $811,636.

The largest declines in Russia’s exports to Ghana in 2012 over 2011 were recorded for the following product groups:

  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $3,573,084;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $2,423,620;
  • 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 $640,745.
Russia’s exports to Ghana in 2012 by product groups
HS
code
Name of product group Value of exports
in 2012,
US dollars ($)
Percent share in total export Value of exports
in 2011,
US dollars ($)
Percent change
in 2012
over 2011
03 Fish and crustaceans, molluscs and other aquatic invertebrates 811,636 0.49 0
22 Beverages, spirits and vinegar 0 0.00 42,532-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,167,271 0.70 1,479,150-21.09
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0 0.00 2,423,620-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 306,765 0.19 947,510-67.62
30 Pharmaceutical products 796,488 0.48 897,006-11.21
31 Fertilizers 54,594,171 32.96 26,550,795105.62
35 Albuminoidal substances; modified starches; glues; enzymes 21 0.00 0
38 Miscellaneous chemical products 58 0.00 0
39 Plastics and articles thereof 57,724 0.03 1,1934,738.56
40 Rubber and articles thereof 235,337 0.14 54,792329.51
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 26,714 0.02 0
44 Wood and articles of wood; wood charcoal 23,673 0.01 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 12,265,247 7.40 15,838,331-22.56
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0 0.00 551-100.00
52 Cotton 10 0.00 0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 2,603 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 0 0.00 858-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 16,053 0.01 0
65 Headgear and parts thereof 0 0.00 1,177-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4 0.00 0
70 Glass and glassware 149 0.00 8379.52
72 Iron and steel 22,829,510 13.78 13,590,03367.99
73 Articles of iron or steel 281,091 0.17 633,704-55.64
76 Aluminum and articles thereof 62,724 0.04 0
80 Tin and articles thereof 3 0.00 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 100,931 0.06 99710,023.47
83 Miscellaneous articles of base metal 1,305 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,509,054 2.12 965,083263.60
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 2,689,626 1.62 63,4034,142.11
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 254,569 0.15 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 3,982,467 2.40 255,0921,461.19
91 Clocks and watches and parts thereof 1,557 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 137,203 0.08 3,0554,391.10
95 Toys, games and sports requisites; parts and accessories thereof 42,140 0.03 0
96 Miscellaneous manufactured articles 510 0.00 0
SS Classified 61,445,857 37.10 0

Russia’s Imports from Ghana

The major share of Russian imports from Ghana in 2012 (and in 2011) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 97.80% of Russia’s total imports from Ghana (96.61% in 2011);
  • Wood and wood products (HS codes 44-49) - 2.18% of Russia’s total imports from Ghana (3.09% in 2011).

The largest gains in Russia’s imports from Ghana in 2012 over 2011 were recorded for the following product groups:

  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $538,430.

The largest declines in Russia’s imports from Ghana in 2012 over 2011 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - a decrease of $7,419,623;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $1,248,998.
Russia’s imports from Ghana in 2012 by product groups
HS
code
Name of product group Value of imports in 2012,
US dollars ($)
Percent share in total import Value of imports in 2011,
US dollars ($)
Percent change
in 2012
over 2011
01 Live animals 0 0.00 2,041-100.00
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 6,093 0.01 0
07 Edible vegetables and certain roots and tubers 104 0.00 0
08 Edible fruit and nuts; peel of citrus fruit or melons 1,613,527 1.49 1,075,09750.08
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 60,225 0.06 6,545820.17
18 Cocoa and cocoa preparations 103,966,713 96.24 111,386,336-6.66
39 Plastics and articles thereof 45 0.00 0
40 Rubber and articles thereof 0 0.00 315,250-100.00
43 Furskins and artificial fur; manufactures thereof 343 0.00 0
44 Wood and articles of wood; wood charcoal 2,353,132 2.18 3,602,130-34.67
73 Articles of iron or steel 7 0.00 3133.33
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 166 0.00 0
92 Musical instruments; parts and accessories of such articles 22,793 0.02 23,197-1.74
Russian foreign trade statistics
Source: Federal Customs Service of Russia