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Russian trade with Papua New Guinea 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 Papua New Guinea in the third quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Papua New Guinea

In the 3rd quarter of 2016, Russia’s trade with Papua New Guinea totaled $16,287,639, up 784.81% ($14,446,824) from the 3rd quarter of 2015.

Russia’s exports to Papua New Guinea in the 3rd quarter of 2016 totaled $14,985,832, up 2,814.99% ($14,471,736) from the 3rd quarter of 2015.

Russia’s imports from Papua New Guinea in the 3rd quarter of 2016 were $1,301,807, down 1.88% ($24,912) from the 3rd quarter of 2015.

Russia’s trade with Papua New Guinea went from a deficit of $812,623 in the 3rd quarter of 2015, to a surplus of $13,684,025 in the 3rd quarter of 2016.

Papua New Guinea was Russia’s 121st largest trading partner in the 3rd quarter of 2016 (up from 156th in the 3rd quarter of 2015), accounting for 0.0134% of Russia’s total trade (up from 0.0015% in the 3rd quarter of 2015).

Papua New Guinea was Russia’s 108th largest export market in the 3rd quarter of 2016 (up from 160th in the 3rd quarter of 2015), accounting for 0.0208% of Russia’s total exports (up from 0.0006% in the 3rd quarter of 2015).

Papua New Guinea was Russia’s 126th largest supplier in the 3rd quarter of 2016 (down from 125th in the 3rd quarter of 2015), accounting for 0.0026% of Russia’s total imports (down from 0.0028% in the 3rd quarter of 2015).

Russia’s Exports to Papua New Guinea

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

  • Mineral products (HS codes 25-27) - 99.98% of Russia’s total exports to Papua New Guinea (0.00% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 0.01% of Russia’s total exports to Papua New Guinea (32.79% in the 3rd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of Russia’s total exports to Papua New Guinea (4.74% in the 3rd quarter of 2015).

The largest gains in Russia’s exports to Papua New Guinea in the 3rd quarter of 2016 over the 3rd quarter of 2015 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 $14,982,602.

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

  • Organic chemicals (HS code 29) - a decrease of $168,497.
Russia’s exports to Papua New Guinea in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q3 2016,
US dollars ($)
Percent share in total export Value of exports
in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
22 Beverages, spirits and vinegar 1,330 0.01 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 14,982,602 99.98 0
29 Organic chemicals 0 0.00 168,497-100.00
30 Pharmaceutical products 1,900 0.01 0
39 Plastics and articles thereof 0 0.00 50-100.00
73 Articles of iron or steel 0 0.00 196-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 24,453-100.00
SS Classified 0 0.00 321,000-100.00

Russia’s Imports from Papua New Guinea

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

  • Food products and agricultural raw materials (HS codes 01-24) - 100.00% of Russia’s total imports from Papua New Guinea (100.00% in the 3rd quarter of 2015).

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

  • No such product groups.

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

  • Coffee, tea, maté and spices (HS code 09) - a decrease of $24,912.
Russia’s imports from Papua New Guinea in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q3 2016,
US dollars ($)
Percent share in total import Value of imports in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
09 Coffee, tea, maté and spices 1,301,807 100.00 1,326,719-1.88
Russian foreign trade statistics
Source: Federal Customs Service of Russia