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Russian trade with Saudi Arabia 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 Saudi Arabia in the third quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Saudi Arabia

In the 3rd quarter of 2016, Russia’s trade with Saudi Arabia was $173,822,716, down 37.42% ($103,952,204) from the 3rd quarter of 2015.

Russia’s exports to Saudi Arabia in the 3rd quarter of 2016 were $135,234,110, down 44.75% ($109,553,796) from the 3rd quarter of 2015.

Russia’s imports from Saudi Arabia in the 3rd quarter of 2016 totaled $38,588,606, up 16.98% ($5,601,592) from the 3rd quarter of 2015.

Russia’s trade surplus with Saudi Arabia in the 3rd quarter of 2016 was $96,645,504, a 54.37% decrease ($115,155,388) over the 3rd quarter of 2015.

Saudi Arabia was Russia’s 69th largest trading partner in the 3rd quarter of 2016 (down from 59th in the 3rd quarter of 2015), accounting for 0.1426% of Russia’s total trade (down from 0.2189% in the 3rd quarter of 2015).

Saudi Arabia was Russia’s 61st largest export market in the 3rd quarter of 2016 (down from 48th in the 3rd quarter of 2015), accounting for 0.1880% of Russia’s total exports (down from 0.3078% in the 3rd quarter of 2015).

Saudi Arabia was Russia’s 73rd largest supplier in the 3rd quarter of 2016 (up from 76th in the 3rd quarter of 2015), accounting for 0.0772% of Russia’s total imports (up from 0.0696% in the 3rd quarter of 2015).

Russia’s Exports to Saudi Arabia

The major share of Russian exports to Saudi Arabia 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) - 82.84% of Russia’s total exports to Saudi Arabia (84.02% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 9.23% of Russia’s total exports to Saudi Arabia (4.65% in the 3rd quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 3.73% of Russia’s total exports to Saudi Arabia (2.00% in the 3rd quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 2.28% of Russia’s total exports to Saudi Arabia (7.42% in the 3rd quarter of 2015);
  • Mineral products (HS codes 25-27) - 1.19% of Russia’s total exports to Saudi Arabia (0.93% in the 3rd quarter of 2015).

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

  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $10,287,500;
  • Miscellaneous chemical products (HS code 38) - an increase of $1,135,209;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $885,896;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $742,777.

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

  • Cereals (HS code 10) - a decrease of $105,103,929;
  • Iron and steel (HS code 72) - a decrease of $14,864,878;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $786,109;
  • Glass and glassware (HS code 70) - a decrease of $771,919;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $681,295;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $651,276;
  • Rubber and articles thereof (HS code 40) - a decrease of $485,585.
Russia’s exports to Saudi Arabia in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q3 2016,
US dollars ($)
Percent share in total export Value of exports
in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 3,520 0.00 0
07 Edible vegetables and certain roots and tubers 340,658 0.25 0
09 Coffee, tea, maté and spices 24,610 0.02 0
10 Cereals 100,477,366 74.30 205,581,295-51.13
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 12,500 0.01 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 10,287,500 7.61 0
18 Cocoa and cocoa preparations 885,896 0.66 0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0 0.00 80,562-100.00
22 Beverages, spirits and vinegar 408 0.00 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,606,705 1.19 2,288,000-29.78
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 67,318 0.05 21,448213.87
29 Organic chemicals 103,808 0.08 17,904479.80
30 Pharmaceutical products 134,222 0.10 0
31 Fertilizers 201,440 0.15 183,4009.84
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 113,726 0.08 5,4401,990.55
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,199 0.00 0
38 Miscellaneous chemical products 10,714,753 7.92 9,579,54411.85
39 Plastics and articles thereof 60,946 0.05 0
40 Rubber and articles thereof 1,087,918 0.80 1,573,503-30.86
44 Wood and articles of wood; wood charcoal 3,260,773 2.41 2,517,99629.50
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 451,057 0.33 1,237,166-63.54
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,338,323 0.99 1,133,68918.05
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 210 0.00 100110.00
54 Man-made filaments 0 0.00 42,316-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 92,148 0.07 152,223-39.47
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 140,377 0.10 0
61 Articles of apparel and clothing accessories, knitted or crocheted 0 0.00 1,144-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0 0.00 15,456-100.00
70 Glass and glassware 175 0.00 772,094-99.98
72 Iron and steel 2,814,413 2.08 17,679,291-84.08
73 Articles of iron or steel 202,758 0.15 460,778-56.00
74 Copper and articles thereof 4,226 0.00 17,914-76.41
76 Aluminum and articles thereof 0 0.00 331-100.00
81 Other base metals; cermets; articles thereof 1,169 0.00 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 43,427 0.03 0
83 Miscellaneous articles of base metal 13,230 0.01 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 355,897 0.26 133,463166.66
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 192,770 0.14 420,820-54.19
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,084 0.00 48,285-97.75
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 99,080 0.07 750,356-86.80
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 2,193 0.00 0
95 Toys, games and sports requisites; parts and accessories thereof 20,913 0.02 1,4301,362.45
96 Miscellaneous manufactured articles 53,919 0.04 71,958-25.07
SS Classified 21,475 0.02 0

Russia’s Imports from Saudi Arabia

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

  • Chemical products (HS codes 28-40) - 97.19% of Russia’s total imports from Saudi Arabia (97.73% in the 3rd quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.42% of Russia’s total imports from Saudi Arabia (1.92% in the 3rd quarter of 2015).

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

  • Organic chemicals (HS code 29) - an increase of $3,117,741;
  • Plastics and articles thereof (HS code 39) - an increase of $2,074,373;
  • Miscellaneous chemical products (HS code 38) - an increase of $1,144,148;
  • Man-made filaments (HS code 54) - an increase of $298,967.

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

  • Pharmaceutical products (HS code 30) - a decrease of $793,109;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $299,240.
Russia’s imports from Saudi Arabia in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q3 2016,
US dollars ($)
Percent share in total import Value of imports in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
08 Edible fruit and nuts; peel of citrus fruit or melons 13,573 0.04 19,196-29.29
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 18,754 0.05 0
18 Cocoa and cocoa preparations 0 0.00 191-100.00
21 Miscellaneous edible preparations 49 0.00 0
22 Beverages, spirits and vinegar 28,123 0.07 19,81341.94
29 Organic chemicals 7,220,747 18.71 4,103,00675.99
30 Pharmaceutical products 0 0.00 793,109-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 749,760 1.94 1,049,000-28.53
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 20,736 0.05 0
38 Miscellaneous chemical products 1,284,508 3.33 140,360815.15
39 Plastics and articles thereof 28,227,992 73.15 26,153,6197.93
40 Rubber and articles thereof 2 0.00 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 15,106 0.04 29,585-48.94
54 Man-made filaments 932,664 2.42 633,69747.18
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 26,027 0.07 3188,084.59
73 Articles of iron or steel 4 0.00 1,385-99.71
81 Other base metals; cermets; articles thereof 70 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 45,298 0.12 38,71317.01
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 54 0.00 4,563-98.82
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3,047 0.01 459563.83
96 Miscellaneous manufactured articles 2,092 0.01 0
Russian foreign trade statistics
Source: Federal Customs Service of Russia