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RUSSIAN TRADE WITH SOUTH AMERICAN COUNTRIES IN THE 1ST QUARTER OF 2016

July 24, 2016
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The reports on Russia’s trade in goods with the countries of South America in the 1st quarter of 2016: exports, imports, products, dynamics.

The major trading partners of Russia in South America in the 1st quarter of 2016:

The top five Russia’s trade partners in South America in the 1st quarter of 2016 were Brazil (0.8144% of Russia’s total foreign trade), Ecuador (0.3847%), Argentina (0.1603%), Chile (0.1422%), and Venezuela (0.1010%).

The top five Russia’s export markets in South America in the 1st quarter of 2016 were Brazil (0.4623% of Russia’s total exports), Venezuela (0.1598%), Colombia (0.0660%), Peru (0.0638%), and Ecuador (0.0563%).

The top five Russia’s import suppliers from South America in the 1st quarter of 2016 were Brazil (1.4157% of Russia’s total imports), Ecuador (0.9456%), Argentina (0.3747%), Chile (0.3545%), and Paraguay (0.1824%).

The most notable changes in Russia's trade with the countries of South America in the 1st quarter of 2016 over the 1st quarter of 2015:

  • The share of Brazil in Russia’s total exports declined from 0.5291% in the 1st quarter of the 2015 to 0.4623% in the 1st quarter of the 2016;
  • The share of Argentina in Russia’s total exports rose 2.5-fold from 0.0140% in the 1st quarter of the 2015 to 0.0348% in the 1st quarter of the 2016;
  • The share of Uruguay in Russia’s total exports rose 5.3-fold from 0.0037% in the 1st quarter of the 2015 to 0.0195% in the 1st quarter of the 2016;
  • The share of Ecuador in Russia’s total imports rose from 0.6830% in the 1st quarter of the 2015 to 0.9456% in the 1st quarter of the 2016;
  • The share of Paraguay in Russia’s total imports declined from 0.2912% in the 1st quarter of the 2015 to 0.1824% in the 1st quarter of the 2016.

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Russian foreign trade statistics
Source: Federal Customs Service of Russia