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

Russia’s Trade with South Korea

In the 3rd quarter of 2016, Russia’s trade with South Korea totaled $4,532,422,541, up 3.32% ($145,631,977) from the 3rd quarter of 2015.

Russia’s exports to South Korea in the 3rd quarter of 2016 were $2,952,466,631, down 4.22% ($130,157,666) from the 3rd quarter of 2015.

Russia’s imports from South Korea in the 3rd quarter of 2016 totaled $1,579,955,910, up 21.15% ($275,789,643) from the 3rd quarter of 2015.

Russia’s trade surplus with South Korea in the 3rd quarter of 2016 was $1,372,510,721, a 22.83% decrease ($405,947,309) over the 3rd quarter of 2015.

South Korea was Russia’s 7th largest trading partner in the 3rd quarter of 2016 (up from 9th in the 3rd quarter of 2015), accounting for 3.7175% of Russia’s total trade (up from 3.4565% in the 3rd quarter of 2015).

South Korea was Russia’s 7th largest export market in the 3rd quarter of 2016 (up from 8th in the 3rd quarter of 2015), accounting for 4.1038% of Russia’s total exports (up from 3.8763% in the 3rd quarter of 2015).

South Korea was Russia’s 8th largest supplier in the 3rd quarter of 2016 (up from 9th in the 3rd quarter of 2015), accounting for 3.1613% of Russia’s total imports (up from 2.7520% in the 3rd quarter of 2015).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea 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) - 75.38% of Russia’s total exports to South Korea (80.20% in the 3rd quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.03% of Russia’s total exports to South Korea (8.56% in the 3rd quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 6.86% of Russia’s total exports to South Korea (7.23% in the 3rd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.64% of Russia’s total exports to South Korea (1.80% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 2.45% of Russia’s total exports to South Korea (0.45% in the 3rd quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 1.43% of Russia’s total exports to South Korea (1.62% in the 3rd quarter of 2015).

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

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $57,876,637;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $39,402,572;
  • Ships, boats and floating structures (HS code 89) - an increase of $27,982,532;
  • Ores, slag and ash (HS code 26) - an increase of $14,591,695;
  • Cereals (HS code 10) - an increase of $13,490,351.

The largest declines in Russia’s exports to South Korea 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) - a decrease of $261,275,462;
  • Aluminum and articles thereof (HS code 76) - a decrease of $19,005,066.
Russia’s exports to South Korea in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q3 2016,
US dollars ($)
Percent share in total export Value of exports
in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
01 Live animals 0 0.00 226-100.00
02 Meat and edible meat offal 100,151 0.00 3,0743,158.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 281,197,242 9.52 241,794,67016.30
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 7,766 0.00 2103,598.10
05 Products of animal origin, not elsewhere specified or included 1,286,830 0.04 285,662350.47
07 Edible vegetables and certain roots and tubers 51,943 0.00 42,46622.32
08 Edible fruit and nuts; peel of citrus fruit or melons 2,246 0.00 0
09 Coffee, tea, maté and spices 0 0.00 5,786-100.00
10 Cereals 28,016,139 0.95 14,525,78892.87
11 Products of the milling industry; malt; starches; inulin; wheat gluten 16,045 0.00 1,529,003-98.95
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 83,689 0.00 48,30073.27
13 Lac; gums, resins and other vegetable saps and extracts 191,616 0.01 197,046-2.76
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 22,824 0.00 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 29,453 0.00 28,5163.29
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0 0.00 1,272-100.00
18 Cocoa and cocoa preparations 184,511 0.01 178,6313.29
19 Preparations of cereals, flour, starch or milk; bakers’ wares 53,351 0.00 1,8222,828.16
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 38,915-100.00
21 Miscellaneous edible preparations 683,132 0.02 169,671302.62
22 Beverages, spirits and vinegar 85,706 0.00 58,02547.71
23 Residues and waste from the food industries; prepared animal feed 10,938,579 0.37 4,833,144126.32
24 Tobacco and manufactured tobacco substitutes 2,841,594 0.10 6,72742,141.62
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 16,500 0.00 9201,693.48
26 Ores, slag and ash 21,983,945 0.74 7,392,250197.39
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,203,648,267 74.64 2,464,923,729-10.60
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 60,390,455 2.05 2,513,8182,302.34
29 Organic chemicals 1,651,161 0.06 1,044,44958.10
30 Pharmaceutical products 2,883,357 0.10 3,854,652-25.20
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,477,228 0.08 489,784405.78
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 14,943 0.00 5,789158.13
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 143 0.00 1,458-90.19
35 Albuminoidal substances; modified starches; glues; enzymes 844 0.00 242,100.00
37 Photographic or cinematographic goods 0 0.00 52-100.00
38 Miscellaneous chemical products 339,176 0.01 440,284-22.96
39 Plastics and articles thereof 1,443,435 0.05 2,163,257-33.27
40 Rubber and articles thereof 3,224,610 0.11 3,360,295-4.04
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0 0.00 1,461-100.00
44 Wood and articles of wood; wood charcoal 22,150,423 0.75 25,050,348-11.58
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 18,322,290 0.62 21,674,638-15.47
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,597,899 0.05 1,655,244-3.46
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 237,150 0.01 1,707,831-86.11
52 Cotton 193 0.00 0
54 Man-made filaments 238,079 0.01 394,031-39.58
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 123,662 0.00 198,642-37.75
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 110 0.00 124-11.29
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 11,684 0.00 10,45111.80
60 Knitted or crocheted fabrics 0 0.00 114,043-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 12,538 0.00 5,087146.47
62 Articles of apparel and clothing accessories, not knitted or crocheted 8,745 0.00 3,700136.35
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 6,395 0.00 2,804128.07
64 Footwear, gaiters and the like; parts of such articles 70,379 0.00 37,88985.75
65 Headgear and parts thereof 57 0.00 2,884-98.02
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0 0.00 224-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 10,651 0.00 15,701-32.16
69 Ceramic products 156,963 0.01 118,39332.58
70 Glass and glassware 210,284 0.01 92,558127.19
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 4,634,572 0.16 794 452483.37
72 Iron and steel 88,318,077 2.99 89,814,554-1.67
73 Articles of iron or steel 2,820,223 0.10 3,486,492-19.11
74 Copper and articles thereof 3,740 0.00 3,4029.94
75 Nickel and articles thereof 0 0.00 220-100.00
76 Aluminum and articles thereof 108,974,304 3.69 127,979,370-14.85
80 Tin and articles thereof 0 0.00 12,114-100.00
81 Other base metals; cermets; articles thereof 2,171,017 0.07 1,360,27859.60
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 205,256 0.01 131,41256.19
83 Miscellaneous articles of base metal 5,564 0.00 22,301-75.05
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,740,037 0.09 5,271,158-48.02
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 4,210,185 0.14 5,574,467-24.47
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 155,149 0.01 70022,064.14
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 286,349 0.01 2,016,637-85.80
89 Ships, boats and floating structures 69,151,270 2.34 41,168,73867.97
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,537,308 0.05 1,583,833-2.94
91 Clocks and watches and parts thereof 16,082 0.00 0
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 14,137 0.00 16,594-14.81
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 78,309-100.00
96 Miscellaneous manufactured articles 7 0.00 103-93.20
SS Classified 198,971 0.01 2,283,617-91.29

Russia’s Imports from South Korea

The major share of Russian imports from South Korea 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) - 68.73% of Russia’s total imports from South Korea (61.24% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 14.36% of Russia’s total imports from South Korea (17.08% in the 3rd quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 8.16% of Russia’s total imports from South Korea (11.14% in the 3rd quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.74% of Russia’s total imports from South Korea (2.11% in the 3rd quarter of 2015);
  • Mineral products (HS codes 25-27) - 1.70% of Russia’s total imports from South Korea (2.05% in the 3rd quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.51% of Russia’s total imports from South Korea (1.92% in the 3rd quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 0.66% of Russia’s total imports from South Korea (1.03% in the 3rd quarter of 2015).

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

  • Ships, boats and floating structures (HS code 89) - an increase of $193,885,678;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $78,421,304;
  • 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 (HS code 85) - an increase of $68,992,976;
  • 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 (HS code 94) - an increase of $7,312,365.

The largest declines in Russia’s imports from South Korea 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 $52,443,869;
  • Plastics and articles thereof (HS code 39) - a decrease of $11,272,100;
  • Iron and steel (HS code 72) - a decrease of $8,862,411;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $5,796,755.
Russia’s imports from South Korea in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q3 2016,
US dollars ($)
Percent share in total import Value of imports in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,027,037 0.07 1,078,979-4.81
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 3,750 0.00 37,120-89.90
07 Edible vegetables and certain roots and tubers 5,957 0.00 21,983-72.90
08 Edible fruit and nuts; peel of citrus fruit or melons 44,810 0.00 43,1373.88
09 Coffee, tea, maté and spices 2,107 0.00 16,326-87.09
10 Cereals 29,985 0.00 1,2592,281.65
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 352,135 0.02 473,620-25.65
13 Lac; gums, resins and other vegetable saps and extracts 9,578 0.00 33,415-71.34
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 9,367 0.00 2034,514.29
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 425,798 0.03 261,88462.59
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 7,894 0.00 0
17 Sugars and sugar confectionery 270,914 0.02 260,3404.06
18 Cocoa and cocoa preparations 140,679 0.01 159,750-11.94
19 Preparations of cereals, flour, starch or milk; bakers’ wares 3,429,130 0.22 4,240,151-19.13
20 Preparations of vegetables, fruit, nuts or other parts of plants 455,784 0.03 181,174151.57
21 Miscellaneous edible preparations 8,356,678 0.53 8,700,846-3.96
22 Beverages, spirits and vinegar 4,716,615 0.30 4,997,225-5.62
23 Residues and waste from the food industries; prepared animal feed 241,723 0.02 174,49038.61
24 Tobacco and manufactured tobacco substitutes 7,990,321 0.51 6,807,59217.37
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,187,974 0.08 3,188,052-62.74
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 25,631,878 1.62 23,546,2688.86
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 12,198,637 0.77 9,336,13330.66
29 Organic chemicals 24,375,995 1.54 20,534,18218.71
30 Pharmaceutical products 4,578,603 0.29 3,381,61335.40
31 Fertilizers 53 0.00 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5,788,001 0.37 6,010,848-3.71
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 8,218,638 0.52 6,842,60920.11
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 5,881,417 0.37 5,131,35914.62
35 Albuminoidal substances; modified starches; glues; enzymes 1,067,279 0.07 1,358,908-21.46
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 1 0.00 3-66.67
37 Photographic or cinematographic goods 159,928 0.01 310,073-48.42
38 Miscellaneous chemical products 5,998,344 0.38 4,562,64831.47
39 Plastics and articles thereof 103,666,192 6.56 114,938,292-9.81
40 Rubber and articles thereof 54,931,327 3.48 50,347,0409.11
41 Raw hides and skins (other than furskins) and leather 2,078,843 0.13 1,009,290105.97
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 765,691 0.05 1,623,600-52.84
43 Furskins and artificial fur; manufactures thereof 0 0.00 1,879-100.00
44 Wood and articles of wood; wood charcoal 83,564 0.01 296,220-71.79
45 Cork and articles of cork 3,270 0.00 0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 23,197 0.00 24 497-5.31
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 75 0.00 6220.97
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 10,039,990 0.64 12,073,996-16.85
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 242,282 0.02 1,039,790-76.70
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0 0.00 23,450-100.00
52 Cotton 320,325 0.02 909,039-64.76
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 29,931 0.00 82,726-63.82
54 Man-made filaments 3,512,825 0.22 3,622,194-3.02
55 Man-made staple fibers 6,660,845 0.42 8,376,687-20.48
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 3,105,352 0.20 2,120,30146.46
57 Carpets and other textile floor coverings 26,114 0.00 12,813103.81
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 254,920 0.02 172,70047.61
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 4,515,466 0.29 3,625,68024.54
60 Knitted or crocheted fabrics 2,405,562 0.15 2,575,593-6.60
61 Articles of apparel and clothing accessories, knitted or crocheted 650,725 0.04 628,5143.53
62 Articles of apparel and clothing accessories, not knitted or crocheted 403,943 0.03 1,039,294-61.13
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,738,578 0.11 1,731,6290.40
64 Footwear, gaiters and the like; parts of such articles 109,358 0.01 73,30949.17
65 Headgear and parts thereof 17,497 0.00 21,753-19.57
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 524 0.00 2,171-75.86
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 51,833 0.00 80,563-35.66
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4,052,139 0.26 3,073,82931.83
69 Ceramic products 255,488 0.02 648,618-60.61
70 Glass and glassware 5,911,974 0.37 8,024,172-26.32
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 151,959 0.01 182,767-16.86
72 Iron and steel 49,723,966 3.15 58,586,377-15.13
73 Articles of iron or steel 24,851,469 1.57 25,737,384-3.44
74 Copper and articles thereof 745,171 0.05 839,226-11.21
75 Nickel and articles thereof 630 0.00 2,140-70.56
76 Aluminum and articles thereof 3,343,416 0.21 3,422,427-2.31
78 Lead and articles thereof 2,750 0.00 0
79 Zinc and articles thereof 59,913 0.00 423,955-85.87
80 Tin and articles thereof 0 0.00 10,692-100.00
81 Other base metals; cermets; articles thereof 17,366 0.00 3,896345.74
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 39,148,323 2.48 44,945,078-12.90
83 Miscellaneous articles of base metal 10,977,245 0.69 11,371,114-3.46
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 298,691,781 18.91 220,270,47735.60
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 288,613,932 18.27 219,620,95631.41
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 90,125 0.01 290,030-68.93
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 268,506,633 16.99 320,950,502-16.34
89 Ships, boats and floating structures 194,612,887 12.32 727,20926,661.62
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 35,338,391 2.24 36,844,237-4.09
91 Clocks and watches and parts thereof 249,419 0.02 103,639140.66
92 Musical instruments; parts and accessories of such articles 48,020 0.00 47,6290.82
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 28,118,932 1.78 20,806,56735.14
95 Toys, games and sports requisites; parts and accessories thereof 526,171 0.03 788,776-33.29
96 Miscellaneous manufactured articles 5,427,776 0.34 5,698,570-4.75
SS Classified 2,244,795 0.14 2,600,828-13.69
Russian foreign trade statistics
Source: Federal Customs Service of Russia