Russian trade with Cyprus in the 4th quarter of 2016
February 21, 2017
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Cyprus in the fourth quarter of 2016: exports, imports, products, dynamics.
Russia’s Trade with Cyprus
In the 4th quarter of 2016, Russia’s trade with Cyprus totaled $134,654,185, up 41.88% ($39,749,380) from the 4th quarter of 2015.
Russia’s exports to Cyprus in the 4th quarter of 2016 totaled $116,565,665, up 88.99% ($54,887,882) from the 4th quarter of 2015.
Russia’s imports from Cyprus in the 4th quarter of 2016 were $18,088,520, down 45.56% ($15,138,502) from the 4th quarter of 2015.
Russia’s trade surplus with Cyprus in the 4th quarter of 2016 was $98,477,145, a 246.13% increase ($70,026,384) over the 4th quarter of 2015.
Cyprus was Russia’s 79th largest trading partner in the 4th quarter of 2016 (up from 81st in the 4th quarter of 2015), accounting for 0.0988% of Russia’s total trade (up from 0.0726% in the 4th quarter of 2015).
Cyprus was Russia’s 69th largest export market in the 4th quarter of 2016 (up from 77th in the 4th quarter of 2015), accounting for 0.1390% of Russia’s total exports (up from 0.0748% in the 4th quarter of 2015).
Cyprus was Russia’s 90th largest supplier in the 4th quarter of 2016 (down from 73rd in the 4th quarter of 2015), accounting for 0.0345% of Russia’s total imports (down from 0.0687% in the 4th quarter of 2015).
Russia’s Exports to Cyprus
The major share of Russian exports to Cyprus in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 43.70% of Russia’s total exports to Cyprus (4.06% in the 4th quarter of 2015);
- Mineral products (HS codes 25-27) - 35.91% of Russia’s total exports to Cyprus (68.31% in the 4th quarter of 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 11.78% of Russia’s total exports to Cyprus (15.85% in the 4th quarter of 2015);
- Metals and products from them (HS codes 72-83) - 6.37% of Russia’s total exports to Cyprus (3.15% in the 4th quarter of 2015);
- Chemical products (HS codes 28-40) - 0.79% of Russia’s total exports to Cyprus (6.98% in the 4th quarter of 2015).
The largest gains in Russia’s exports to Cyprus in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:
- Ships, boats and floating structures (HS code 89) - an increase of $50,550,239;
- Nickel and articles thereof (HS code 75) - an increase of $3,692,595;
- Cereals (HS code 10) - an increase of $2,364,185;
- Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $1,556,460;
- Aluminum and articles thereof (HS code 76) - an increase of $1,255,678;
- Wood and articles of wood; wood charcoal (HS code 44) - an increase of $462,607.
The largest declines in Russia’s exports to Cyprus in the 4th quarter of 2016 over the 4th 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) - a decrease of $3,479,213;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1,224,289;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $580,066;
- 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) - a decrease of $356,565.
| HS code |
Name of product group | Value of exports in Q4 2016, US dollars ($) |
Percent share in total export | Value of exports in Q4 2015, US dollars ($) |
Percent change in Q4 2016 over Q4 2015 |
|---|---|---|---|---|---|
| 01 | Live animals | 13,470 | 0.01 | 10,537 | 27.84 |
| 09 | Coffee, tea, maté and spices | 10,648 | 0.01 | 0 | ∞ |
| 10 | Cereals | 10,102,269 | 8.67 | 7,738,084 | 30.55 |
| 14 | Vegetable plaiting materials; vegetable products not elsewhere specified or included | 47,087 | 0.04 | 7,870 | 498.31 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 18,577 | 0.02 | 0 | ∞ |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 6,374 | 0.01 | 0 | ∞ |
| 22 | Beverages, spirits and vinegar | 16,592 | 0.01 | 56,404 | -70.58 |
| 23 | Residues and waste from the food industries; prepared animal feed | 3,521,094 | 3.02 | 1,964,634 | 79.22 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 41,859,238 | 35.91 | 42,132,624 | -0.65 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 653,089 | 0.56 | 4,132,302 | -84.20 |
| 29 | Organic chemicals | 95,204 | 0.08 | 0 | ∞ |
| 31 | Fertilizers | 0 | 0.00 | 48,020 | -100.00 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 1,672 | 0.00 | 0 | ∞ |
| 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 | 890 | 0.00 | 0 | ∞ |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 29,750 | 0.03 | 77,190 | -61.46 |
| 38 | Miscellaneous chemical products | 34,974 | 0.03 | 16,476 | 112.27 |
| 39 | Plastics and articles thereof | 76,203 | 0.07 | 7,934 | 860.46 |
| 40 | Rubber and articles thereof | 23,578 | 0.02 | 21,251 | 10.95 |
| 44 | Wood and articles of wood; wood charcoal | 892,231 | 0.77 | 429,624 | 107.68 |
| 47 | Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard | 34,877 | 0.03 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 64,372 | 0.06 | 102,328 | -37.09 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 91,141 | 0.08 | 60,164 | 51.49 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 98,777 | 0.08 | 0 | ∞ |
| 59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 0 | 0.00 | 37 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 170 | 0.00 | 374 | -54.55 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 277 | 0.00 | 283 | -2.12 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 1,212 | 0.00 | 0 | ∞ |
| 64 | Footwear, gaiters and the like; parts of such articles | 0 | 0.00 | 1,649 | -100.00 |
| 65 | Headgear and parts thereof | 0 | 0.00 | 120 | -100.00 |
| 70 | Glass and glassware | 17,544 | 0.02 | 12,853 | 36.50 |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 4,892 | 0.00 | 0 | ∞ |
| 72 | Iron and steel | 228,332 | 0.20 | 97,589 | 133.97 |
| 73 | Articles of iron or steel | 77,634 | 0.07 | 16,355 | 374.68 |
| 74 | Copper and articles thereof | 497,781 | 0.43 | 158,507 | 214.04 |
| 75 | Nickel and articles thereof | 3,692,595 | 3.17 | 0 | ∞ |
| 76 | Aluminum and articles thereof | 2,923,266 | 2.51 | 1,667,588 | 75.30 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 504 | 0.00 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 4,398 | 0.00 | 641 | 586.12 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 255,255 | 0.22 | 835,321 | -69.44 |
| 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 | 13,295 | 0.01 | 369,860 | -96.41 |
| 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 | 9,637 | 0.01 | 0 | ∞ |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 4,427 | 0.00 | 1,228,716 | -99.64 |
| 89 | Ships, boats and floating structures | 50,550,239 | 43.37 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 105,513 | 0.09 | 72,887 | 44.76 |
| 91 | Clocks and watches and parts thereof | 1,335 | 0.00 | 0 | ∞ |
| 92 | Musical instruments; parts and accessories of such articles | 254 | 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 | 156,074 | 0.13 | 39,130 | 298.86 |
| 96 | Miscellaneous manufactured articles | 1,713 | 0.00 | 15 | 11,320.00 |
| 97 | Works of art, collectors’ pieces and antiques | 47,690 | 0.04 | 0 | ∞ |
| SS | Classified | 279,521 | 0.24 | 370 416 | -24.54 |
Russia’s Imports from Cyprus
The major share of Russian imports from Cyprus in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 83.79% of Russia’s total imports from Cyprus (92.61% in the 4th quarter of 2015);
- Chemical products (HS codes 28-40) - 13.21% of Russia’s total imports from Cyprus (5.54% in the 4th quarter of 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 1.68% of Russia’s total imports from Cyprus (0.97% in the 4th quarter of 2015).
The largest gains in Russia’s imports from Cyprus in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $238,682;
- Plastics and articles thereof (HS code 39) - an increase of $236,839;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $101,294;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $77,504;
- Miscellaneous chemical products (HS code 38) - an increase of $67,878.
The largest declines in Russia’s imports from Cyprus in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:
- Ships, boats and floating structures (HS code 89) - a decrease of $15,686,588;
- Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $93,647;
- Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $81,277;
- Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $67,326.
| HS code |
Name of product group | Value of imports in Q4 2016, US dollars ($) |
Percent share in total import | Value of imports in Q4 2015, US dollars ($) |
Percent change in Q4 2016 over Q4 2015 |
|---|---|---|---|---|---|
| 06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 0 | 0.00 | 4,211 | -100.00 |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 0 | 0.00 | 81,277 | -100.00 |
| 09 | Coffee, tea, maté and spices | 9,506 | 0.05 | 6,800 | 39.79 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 188,848 | 1.04 | 87,554 | 115.69 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 0 | 0.00 | 67,326 | -100.00 |
| 22 | Beverages, spirits and vinegar | 105,068 | 0.58 | 73,667 | 42.63 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 62,068 | 0.34 | 51,826 | 19.76 |
| 30 | Pharmaceutical products | 1,971,434 | 10.90 | 1,732,752 | 13.77 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 53,873 | 0.30 | 46,403 | 16.10 |
| 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 | 335 | 0.00 | 488 | -31.35 |
| 38 | Miscellaneous chemical products | 67,878 | 0.38 | 0 | ∞ |
| 39 | Plastics and articles thereof | 296,524 | 1.64 | 59,685 | 396.81 |
| 43 | Furskins and artificial fur; manufactures thereof | 14,230 | 0.08 | 2,589 | 449.63 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 572 | 0.00 | 0 | ∞ |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 7 | 0.00 | 931 | -99.25 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 0 | 0.00 | 467 | -100.00 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 118,347 | 0.65 | 131,002 | -9.66 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 0 | 0.00 | 658 | -100.00 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 19,166 | 0.11 | 0 | ∞ |
| 73 | Articles of iron or steel | 0 | 0.00 | 1,710 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 25,442 | 0.14 | 32,961 | -22.81 |
| 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 | 3,511 | 0.02 | 0 | ∞ |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 855 | -100.00 |
| 89 | Ships, boats and floating structures | 15,050,000 | 83.20 | 30,736,588 | -51.04 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 77,504 | 0.43 | 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 | 1,393 | 0.01 | 0 | ∞ |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 13,625 | 0.08 | 107,272 | -87.30 |
| SS | Classified | 9,189 | 0.05 | 0 | ∞ |