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Russian trade with Kuwait in the 3rd quarter of 2016

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Kuwait in the third quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Kuwait

In the 3rd quarter of 2016, Russia’s trade with Kuwait was $122,004,280, down 42.33% ($89,562,234) from the 3rd quarter of 2015.

Russia’s exports to Kuwait in the 3rd quarter of 2016 were $122,003,098, down 42.33% ($89,548,291) from the 3rd quarter of 2015.

Russia’s imports from Kuwait in the 3rd quarter of 2016 were $1,182, down 92.19% ($13,943) from the 3rd quarter of 2015.

Russia’s trade surplus with Kuwait in the 3rd quarter of 2016 was $122,001,916, a 42.33% decrease ($89,534,348) over the 3rd quarter of 2015.

Kuwait was Russia’s 74th largest trading partner in the 3rd quarter of 2016 (down from 69th in the 3rd quarter of 2015), accounting for 0.1001% of Russia’s total trade (down from 0.1667% in the 3rd quarter of 2015).

Kuwait was Russia’s 64th largest export market in the 3rd quarter of 2016 (down from 53rd in the 3rd quarter of 2015), accounting for 0.1696% of Russia’s total exports (down from 0.2660% in the 3rd quarter of 2015).

Kuwait was Russia’s 185th largest supplier in the 3rd quarter of 2016 (down from 171st in the 3rd quarter of 2015), accounting for 0.0000% of Russia’s total imports (just as in the 3rd quarter of 2015).

Russia’s Exports to Kuwait

The major share of Russian exports to Kuwait in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 98.45% of Russia’s total exports to Kuwait (37.24% in the 3rd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.98% of Russia’s total exports to Kuwait (50.85% in the 3rd quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.01% of Russia’s total exports to Kuwait (11.04% in the 3rd quarter of 2015).

The largest gains in Russia’s exports to Kuwait in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Copper and articles thereof (HS code 74) - an increase of $41,698,234;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $374,601.

The largest declines in Russia’s exports to Kuwait in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $106,507,910;
  • Cereals (HS code 10) - a decrease of $23,297,720;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $580,121;
  • Iron and steel (HS code 72) - a decrease of $409,768.
Russia’s exports to Kuwait in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q3 2016,
US dollars ($)
Percent share in total export Value of exports
in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
07 Edible vegetables and certain roots and tubers 0 0.00 56,355-100.00
10 Cereals 0 0.00 23,297,720-100.00
22 Beverages, spirits and vinegar 6,642 0.01 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0 0.00 262,817-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 14,800 0.01 0
29 Organic chemicals 51,704 0.04 30,71268.35
30 Pharmaceutical products 58,000 0.05 0
38 Miscellaneous chemical products 43,073 0.04 111,268-61.29
39 Plastics and articles thereof 10,104 0.01 7,07942.73
40 Rubber and articles thereof 3,264 0.00 52,932-93.83
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 500 0.00 0
43 Furskins and artificial fur; manufactures thereof 0 0.00 881-100.00
44 Wood and articles of wood; wood charcoal 257,585 0.21 837,706-69.25
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 183,619 0.15 488,410-62.40
62 Articles of apparel and clothing accessories, not knitted or crocheted 24,574 0.02 36,495-32.66
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,200 0.00 0
65 Headgear and parts thereof 0 0.00 240-100.00
70 Glass and glassware 0 0.00 6,084-100.00
72 Iron and steel 0 0.00 409,768-100.00
73 Articles of iron or steel 60,913 0.05 25,048143.19
74 Copper and articles thereof 120,041,489 98.39 78,343,25553.23
75 Nickel and articles thereof 1,799 0.00 0
76 Aluminum and articles thereof 585 0.00 0
78 Lead and articles thereof 5 0.00 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 12,689 0.01 2,112500.80
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 524,374 0.43 149,773250.11
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 563,222 0.46 750,575-24.96
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 0 0.00 6,450-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 6,156 0.01 106,514,066-99.99
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 95,873 0.08 155,039-38.16
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 10,428 0.01 8241,165.53
96 Miscellaneous manufactured articles 29,500 0.02 5,780410.38

Russia’s Imports from Kuwait

The major share of Russian imports from Kuwait in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 50.08% of Russia’s total imports from Kuwait (0.00% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 49.92% of Russia’s total imports from Kuwait (91.04% in the 3rd quarter of 2015).

The largest gains in Russia’s imports from Kuwait in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $592;
  • Organic chemicals (HS code 29) - an increase of $590.

The largest declines in Russia’s imports from Kuwait in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Plastics and articles thereof (HS code 39) - a decrease of $13,770;
  • Glass and glassware (HS code 70) - a decrease of $1,355.
Russia’s imports from Kuwait in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q3 2016,
US dollars ($)
Percent share in total import Value of imports in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
29 Organic chemicals 590 49.92 0
39 Plastics and articles thereof 0 0.00 13,770-100.00
70 Glass and glassware 0 0.00 1,355-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 592 50.08 0
Russian foreign trade statistics
Source: Federal Customs Service of Russia