Russian trade with Ghana in 2015
May 02, 2016
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Ghana in 2015: exports, imports, products, dynamics.
Russia’s Trade with Ghana
In 2015, Russia’s trade with Ghana totaled $215,477,377, up 32.35% ($52,669,065) from 2014.
Russia’s exports to Ghana in 2015 totaled $134,932,705, up 124.55% ($74,842,186) from 2014.
Russia’s imports from Ghana in 2015 were $80,544,672, down 21.59% ($22,173,121) from 2014.
Russia’s trade balance with Ghana went from a deficit of $42,627,274 in 2014, to a surplus of $54,388,033 in 2015.
Ghana was Russia’s 95th largest trading partner in 2015 (up from 104th in 2014), accounting for 0.0409% of Russia’s total trade (up from 0.0208% in 2014).
Ghana was Russia’s 91st largest export market in 2015 (up from 107th in 2014), accounting for 0.0393% of Russia’s total exports (up from 0.0121% in 2014).
Ghana was Russia’s 82nd largest supplier in 2015 (up from 83rd in 2014), accounting for 0.0441% of Russia’s total imports (up from 0.0359% in 2014).
Russia’s Exports to Ghana
The major share of Russian exports to Ghana in 2015 (and in 2014) was accounted for the following product types:
- Mineral products (HS codes 25-27) - 63.83% of Russia’s total exports to Ghana (21.59% in 2014);
- Chemical products (HS codes 28-40) - 15.24% of Russia’s total exports to Ghana (34.32% in 2014);
- Food products and agricultural raw materials (HS codes 01-24) - 14.87% of Russia’s total exports to Ghana (24.09% in 2014);
- Wood and wood products (HS codes 44-49) - 5.22% of Russia’s total exports to Ghana (11.79% in 2014);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.81% of Russia’s total exports to Ghana (4.05% in 2014);
- Metals and products from them (HS codes 72-83) - 0.01% of Russia’s total exports to Ghana (4.13% in 2014).
The largest gains in Russia’s exports to Ghana in 2015 over 2014 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 $73,528,059;
- Cereals (HS code 10) - an increase of $5,629,393;
- Pharmaceutical products (HS code 30) - an increase of $1,303,092.
The largest declines in Russia’s exports to Ghana in 2015 over 2014 were recorded for the following product groups:
- Iron and steel (HS code 72) - a decrease of $2,439,069;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1,496,421;
- Fertilizers (HS code 31) - a decrease of $927,653;
- 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 $679,792.
| HS code |
Name of product group | Value of exports in 2015, US dollars ($) |
Percent share in total export | Value of exports in 2014, US dollars ($) |
Percent change in 2015 over 2014 |
|---|---|---|---|---|---|
| 02 | Meat and edible meat offal | 24,142 | 0.02 | 73,952 | -67.35 |
| 10 | Cereals | 20,030,819 | 14.85 | 14,401,426 | 39.09 |
| 22 | Beverages, spirits and vinegar | 10,210 | 0.01 | 0 | ∞ |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 0 | 0.00 | 366,750 | -100.00 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 86,132,073 | 63.83 | 12,604,014 | 583.37 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 113,338 | 0.08 | 793,130 | -85.71 |
| 29 | Organic chemicals | 277,098 | 0.21 | 59,676 | 364.34 |
| 30 | Pharmaceutical products | 1,303,092 | 0.97 | 0 | ∞ |
| 31 | Fertilizers | 18,805,679 | 13.94 | 19,733,332 | -4.70 |
| 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 | 4,893 | 0.00 | 0 | ∞ |
| 38 | Miscellaneous chemical products | 19,372 | 0.01 | 2,693 | 619.35 |
| 39 | Plastics and articles thereof | 17,756 | 0.01 | 17,965 | -1.16 |
| 40 | Rubber and articles thereof | 20,182 | 0.01 | 17,784 | 13.48 |
| 44 | Wood and articles of wood; wood charcoal | 13,884 | 0.01 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 7,026,871 | 5.21 | 7,086,724 | -0.84 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 1,408 | 0.00 | 1,650 | -14.67 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0 | 0.00 | 8,734 | -100.00 |
| 70 | Glass and glassware | 0 | 0.00 | 1,054 | -100.00 |
| 72 | Iron and steel | 0 | 0.00 | 2,439,069 | -100.00 |
| 73 | Articles of iron or steel | 15,768 | 0.01 | 45,251 | -65.15 |
| 74 | Copper and articles thereof | 413 | 0.00 | 0 | ∞ |
| 78 | Lead and articles thereof | 1,123 | 0.00 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 33 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 515,941 | 0.38 | 338,308 | 52.51 |
| 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 | 47,455 | 0.04 | 14,550 | 226.15 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 522,277 | 0.39 | 2,018,698 | -74.13 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 3,724 | 0.00 | 60,266 | -93.82 |
| 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 | 10,952 | 0.01 | 0 | ∞ |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 14,235 | 0.01 | 5,460 | 160.71 |
Russia’s Imports from Ghana
The major share of Russian imports from Ghana in 2015 (and in 2014) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 99.11% of Russia’s total imports from Ghana (98.34% in 2014);
- Wood and wood products (HS codes 44-49) - 0.85% of Russia’s total imports from Ghana (1.62% in 2014).
The largest gains in Russia’s imports from Ghana in 2015 over 2014 were recorded for the following product groups:
- No product groups with a substantial increase.
The largest declines in Russia’s imports from Ghana in 2015 over 2014 were recorded for the following product groups:
- Cocoa and cocoa preparations (HS code 18) - a decrease of $21,300,632;
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $985,832.
| HS code |
Name of product group | Value of imports in 2015, US dollars ($) |
Percent share in total import | Value of imports in 2014, US dollars ($) |
Percent change in 2015 over 2014 |
|---|---|---|---|---|---|
| 06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 7,417 | 0.01 | 7,904 | -6.16 |
| 07 | Edible vegetables and certain roots and tubers | 0 | 0.00 | 558 | -100.00 |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 274,138 | 0.34 | 189,727 | 44.49 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 63,734 | 0.08 | 31,014 | 105.50 |
| 18 | Cocoa and cocoa preparations | 79,483,824 | 98.68 | 100,784,456 | -21.13 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 2,410 | 0.00 | 1,105 | 118.10 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 5,772 | 0.01 | 0 | ∞ |
| 44 | Wood and articles of wood; wood charcoal | 682,568 | 0.85 | 1,668,400 | -59.09 |
| 46 | Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork | 163 | 0.00 | 0 | ∞ |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 504 | 0.00 | 0 | ∞ |
| 69 | Ceramic products | 1,314 | 0.00 | 0 | ∞ |
| 73 | Articles of iron or steel | 2 | 0.00 | 11 | -81.82 |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 315 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 18,197 | 0.02 | 907 | 1,906.28 |
| 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 | 127 | 0.00 | 5,558 | -97.72 |
| 92 | Musical instruments; parts and accessories of such articles | 201 | 0.00 | 27,838 | -99.28 |
| 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 | 4,301 | 0.01 | 0 | ∞ |