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Russian trade with South Korea in the 4th 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 fourth quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 4th quarter of 2016, Russia’s trade with South Korea was $4,091,393,862, down 13.57% ($642,392,848) from the 4th quarter of 2015.

Russia’s exports to South Korea in the 4th quarter of 2016 were $2,590,386,462, down 28.20% ($1,017,503,686) from the 4th quarter of 2015.

Russia’s imports from South Korea in the 4th quarter of 2016 totaled $1,501,007,400, up 33.32% ($375,110,838) from the 4th quarter of 2015.

Russia’s trade surplus with South Korea in the 4th quarter of 2016 was $1,089,379,062, a 56.11% decrease ($1,392,614,524) over the 4th quarter of 2015.

South Korea was Russia’s 9th largest trading partner in the 4th quarter of 2016 (just as in the 4th quarter of 2015), accounting for 3.0024% of Russia’s total trade (down from 3.6200% in the 4th quarter of 2015).

South Korea was Russia’s 10th largest export market in the 4th quarter of 2016 (down from 7th in the 4th quarter of 2015), accounting for 3.0898% of Russia’s total exports (down from 4.3768% in the 4th quarter of 2015).

South Korea was Russia’s 8th largest supplier in the 4th quarter of 2016 (up from 9th in the 4th quarter of 2015), accounting for 2.8628% of Russia’s total imports (up from 2.3293% in the 4th quarter of 2015).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 73.47% of Russia’s total exports to South Korea (76.76% in the 4th quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 12.30% of Russia’s total exports to South Korea (7.12% in the 4th quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 6.40% of Russia’s total exports to South Korea (5.38% in the 4th quarter of 2015);
  • Chemical products (HS codes 28-40) - 4.62% of Russia’s total exports to South Korea (6.15% in the 4th quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 1.70% of Russia’s total exports to South Korea (1.55% in the 4th quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.91% of Russia’s total exports to South Korea (2.96% in the 4th quarter of 2015).

The largest gains in Russia’s exports to South Korea in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $68,584,191;
  • Ores, slag and ash (HS code 26) - an increase of $38,646,528;
  • Iron and steel (HS code 72) - an increase of $17,105,187;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $11,208,636.

The largest declines in Russia’s exports to South Korea in the 4th quarter of 2016 over the 4th 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 $904,845,904;
  • 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 $105,017,124;
  • Ships, boats and floating structures (HS code 89) - a decrease of $78,610,608;
  • Aluminum and articles thereof (HS code 76) - a decrease of $46,359,496;
  • Cereals (HS code 10) - a decrease of $15,034,182;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $8,055,714.
Russia’s exports to South Korea in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q4 2016,
US dollars ($)
Percent share in total export Value of exports
in Q4 2015,
US dollars ($)
Percent change
in Q4 2016
over Q4 2015
01 Live animals 289 0.00 0
02 Meat and edible meat offal 612,570 0.02 7,1188,505.93
03 Fish and crustaceans, molluscs and other aquatic invertebrates 264,138,739 10.20 195,554,54835.07
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0 0.00 6,201-100.00
05 Products of animal origin, not elsewhere specified or included 107,195 0.00 128,434-16.54
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 20 0.00 0
07 Edible vegetables and certain roots and tubers 93,300 0.00 46,66099.96
08 Edible fruit and nuts; peel of citrus fruit or melons 38,200 0.00 33,56013.83
09 Coffee, tea, maté and spices 52,288 0.00 18,600181.12
10 Cereals 39,346,308 1.52 54,380,490-27.65
11 Products of the milling industry; malt; starches; inulin; wheat gluten 12,592 0.00 19,997-37.03
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 704,158 0.03 381,66884.49
13 Lac; gums, resins and other vegetable saps and extracts 253,331 0.01 102,189147.90
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 22,498 0.00 14,09259.65
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 168,904 0.01 28,938483.68
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 22,464 0.00 292,909-92.33
17 Sugars and sugar confectionery 252 0.00 1,411-82.14
18 Cocoa and cocoa preparations 149,964 0.01 244,310-38.62
19 Preparations of cereals, flour, starch or milk; bakers’ wares 9,625 0.00 6,19755.32
20 Preparations of vegetables, fruit, nuts or other parts of plants 23,354 0.00 27,163-14.02
21 Miscellaneous edible preparations 1,359,991 0.05 63,3282,047.54
22 Beverages, spirits and vinegar 105,823 0.00 147,527-28.27
23 Residues and waste from the food industries; prepared animal feed 7,069,605 0.27 5,050,56139.98
24 Tobacco and manufactured tobacco substitutes 4,258,689 0.16 322,6761,219.80
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 12,815 0.00 26,033-50.77
26 Ores, slag and ash 49,631,603 1.92 10,985,075351.81
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,853,596,338 71.56 2,758,442,242-32.80
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 100,719,180 3.89 205,736,304-51.04
29 Organic chemicals 2,280,980 0.09 1,437,50858.68
30 Pharmaceutical products 8,861,179 0.34 10,879,642-18.55
31 Fertilizers 0 0.00 111,360-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3,118,853 0.12 214,3901,354.76
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 29,060 0.00 15,72284.84
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 851 0.00 100,770-99.16
35 Albuminoidal substances; modified starches; glues; enzymes 67 0.00 1,511-95.57
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 7,520 0.00 0
37 Photographic or cinematographic goods 0 0.00 1,137-100.00
38 Miscellaneous chemical products 472,656 0.02 423,86211.51
39 Plastics and articles thereof 821,249 0.03 1,078,020-23.82
40 Rubber and articles thereof 3,243,806 0.13 1,759,93984.31
41 Raw hides and skins (other than furskins) and leather 3,446 0.00 0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 3,409 0.00 2881,083.68
43 Furskins and artificial fur; manufactures thereof 121,848 0.00 0
44 Wood and articles of wood; wood charcoal 23,912,060 0.92 31,967,774-25.20
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 17,030,142 0.66 21,783,109-21.82
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,257,305 0.09 2,066,9329.21
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 921,504 0.04 13,9616,500.56
52 Cotton 309 0.00 83272.29
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0 0.00 280-100.00
54 Man-made filaments 174,000 0.01 347,487-49.93
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 443,637 0.02 972,430-54.38
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0 0.00 8-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1,148 0.00 28,048-95.91
61 Articles of apparel and clothing accessories, knitted or crocheted 23,374 0.00 5,654313.41
62 Articles of apparel and clothing accessories, not knitted or crocheted 52,529 0.00 5,570843.07
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 26,805 0.00 16,53162.15
64 Footwear, gaiters and the like; parts of such articles 115,506 0.00 96,12920.16
65 Headgear and parts thereof 18,261 0.00 6,489181.41
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 57,264 0.00 35,51761.23
69 Ceramic products 753,875 0.03 131,650472.64
70 Glass and glassware 109,118 0.00 180,399-39.51
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 12,128,258 0.47 919,6221,218.83
72 Iron and steel 74,294,612 2.87 57,189,42529.91
73 Articles of iron or steel 1,067,432 0.04 1,262,413-15.45
74 Copper and articles thereof 158,282 0.01 6,8262,218.81
75 Nickel and articles thereof 7,779 0.00 0
76 Aluminum and articles thereof 87,561,838 3.38 133,921,334-34.62
80 Tin and articles thereof 37,289 0.00 0
81 Other base metals; cermets; articles thereof 2,114,620 0.08 1,455,77445.26
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 452,125 0.02 89,067407.62
83 Miscellaneous articles of base metal 16,853 0.00 93,241-81.93
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 6,485,848 0.25 6,739,470-3.76
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 3,935,015 0.15 6,415,459-38.66
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 52,388 0.00 2,0002,519.40
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 543,997 0.02 1,565,249-65.25
89 Ships, boats and floating structures 9,506,060 0.37 88,116,668-89.21
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 3,120,380 0.12 3,838,721-18.71
91 Clocks and watches and parts thereof 3,299 0.00 26,472-87.54
92 Musical instruments; parts and accessories of such articles 13,996 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 415,729 0.02 59,050604.03
95 Toys, games and sports requisites; parts and accessories thereof 15,375 0.00 3,349359.09
96 Miscellaneous manufactured articles 691 0.00 135,215.38
SS Classified 1,082,740 0.04 435 564148.58

Russia’s Imports from South Korea

The major share of Russian imports from South Korea 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) - 69.90% of Russia’s total imports from South Korea (62.03% in the 4th quarter of 2015);
  • Chemical products (HS codes 28-40) - 14.71% of Russia’s total imports from South Korea (16.43% in the 4th quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 6.33% of Russia’s total imports from South Korea (9.32% in the 4th quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.97% of Russia’s total imports from South Korea (2.34% in the 4th quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.79% of Russia’s total imports from South Korea (2.08% in the 4th quarter of 2015);
  • Mineral products (HS codes 25-27) - 1.38% of Russia’s total imports from South Korea (2.97% in the 4th quarter of 2015).

The largest gains in Russia’s imports from South Korea 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 $325,145,875;
  • Rubber and articles thereof (HS code 40) - an increase of $12,343,414;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $10,758,657;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $9,470,596;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $8,682,029;
  • Plastics and articles thereof (HS code 39) - an increase of $8,600,235;
  • Organic chemicals (HS code 29) - an increase of $5,138,928;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $4,697,053.

The largest declines in Russia’s imports from South Korea in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - a decrease of $13,829,049;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $10,543,447.
Russia’s imports from South Korea in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q4 2016,
US dollars ($)
Percent share in total import Value of imports in Q4 2015,
US dollars ($)
Percent change
in Q4 2016
over Q4 2015
01 Live animals 1,131 0.00 0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 585,174 0.04 258,292126.56
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 3,090 0.00 45,423-93.20
07 Edible vegetables and certain roots and tubers 9,836 0.00 22,872-57.00
08 Edible fruit and nuts; peel of citrus fruit or melons 521,998 0.03 466,29711.95
09 Coffee, tea, maté and spices 4,894 0.00 23,021-78.74
10 Cereals 30,213 0.00 73,880-59.11
11 Products of the milling industry; malt; starches; inulin; wheat gluten 1,136 0.00 5,523-79.43
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 321,092 0.02 250,98027.94
13 Lac; gums, resins and other vegetable saps and extracts 17,135 0.00 35,257-51.40
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 5,181 0.00 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 494,913 0.03 654,596-24.39
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 8,733 0.00 0
17 Sugars and sugar confectionery 374,594 0.02 278,72134.40
18 Cocoa and cocoa preparations 424,250 0.03 380,09711.62
19 Preparations of cereals, flour, starch or milk; bakers’ wares 3,250,921 0.22 3,269,618-0.57
20 Preparations of vegetables, fruit, nuts or other parts of plants 433,261 0.03 242,22578.87
21 Miscellaneous edible preparations 10,288,800 0.69 10,002,4912.86
22 Beverages, spirits and vinegar 4,597,827 0.31 3,873,83318.69
23 Residues and waste from the food industries; prepared animal feed 173,120 0.01 78,382120.87
24 Tobacco and manufactured tobacco substitutes 8,074,928 0.54 6,416,95425.84
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 231,814 0.02 2,390,550-90.30
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 20,541,297 1.37 31,084,744-33.92
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 11,566,860 0.77 8,274,31439.79
29 Organic chemicals 21,179,672 1.41 16,040,74432.04
30 Pharmaceutical products 5,018,078 0.33 3,475,25044.39
31 Fertilizers 994 0.00 9662.90
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 6,095,528 0.41 7,155,786-14.82
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 12,566,656 0.84 7,869,60359.69
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 6,975,950 0.46 5,456,82327.84
35 Albuminoidal substances; modified starches; glues; enzymes 1,144,559 0.08 1,424,539-19.65
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 4 0.00 6-33.33
37 Photographic or cinematographic goods 90,675 0.01 93,927-3.46
38 Miscellaneous chemical products 5,807,825 0.39 5,782,7780.43
39 Plastics and articles thereof 108,639,811 7.24 100,039,5768.60
40 Rubber and articles thereof 41,746,441 2.78 29,403,02741.98
41 Raw hides and skins (other than furskins) and leather 668,195 0.04 629,8456.09
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 388,696 0.03 1,319,126-70.53
43 Furskins and artificial fur; manufactures thereof 1,172 0.00 611,821.31
44 Wood and articles of wood; wood charcoal 20,925 0.00 169,825-87.68
45 Cork and articles of cork 2,201 0.00 0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 48,111 0.00 16,785186.63
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 8,115,809 0.54 10,152,791-20.06
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 283,052 0.02 475,518-40.48
52 Cotton 667,634 0.04 1,672,141-60.07
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 19,365 0.00 22,973-15.71
54 Man-made filaments 3,805,242 0.25 3,779,7650.67
55 Man-made staple fibers 8,840,736 0.59 7,708,09914.69
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 3,043,113 0.20 2,145,08641.86
57 Carpets and other textile floor coverings 22,327 0.00 15,08248.04
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 328,664 0.02 261,25425.80
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3,653,757 0.24 2,530,38644.40
60 Knitted or crocheted fabrics 2,045,111 0.14 2,763,855-26.01
61 Articles of apparel and clothing accessories, knitted or crocheted 1,304,346 0.09 444,664193.33
62 Articles of apparel and clothing accessories, not knitted or crocheted 319,974 0.02 274,05916.75
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,554,109 0.17 1,663,65753.52
64 Footwear, gaiters and the like; parts of such articles 84,429 0.01 22,680272.26
65 Headgear and parts thereof 33,211 0.00 40,163-17.31
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 2,774 0.00 3,436-19.27
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 101,578 0.01 45,930121.16
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,184,235 0.21 3,531,425-9.83
69 Ceramic products 366,699 0.02 256,53342.94
70 Glass and glassware 6,101,782 0.41 7,018,026-13.06
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 311,353 0.02 179,82073.15
72 Iron and steel 45,029,322 3.00 42,040,0537.11
73 Articles of iron or steel 22,884,801 1.52 36,713,850-37.67
74 Copper and articles thereof 891,149 0.06 915,269-2.64
75 Nickel and articles thereof 1,537 0.00 2,729-43.68
76 Aluminum and articles thereof 2,747,861 0.18 4,520,666-39.22
79 Zinc and articles thereof 187,262 0.01 476,284-60.68
80 Tin and articles thereof 0 0.00 21,689-100.00
81 Other base metals; cermets; articles thereof 56,603 0.00 20,436176.98
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 11,781,633 0.78 10,361,37313.71
83 Miscellaneous articles of base metal 11,474,538 0.76 9,851,02116.48
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 214,148,608 14.27 203,389,9515.29
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 192,621,893 12.83 195,315,851-1.38
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 268,148 0.02 735,437-63.54
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 274,803,576 18.31 266,121,5473.26
89 Ships, boats and floating structures 325,207,775 21.67 61,900525,276.05
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 42,218,432 2.81 32,747,83628.92
91 Clocks and watches and parts thereof 265,495 0.02 342,797-22.55
92 Musical instruments; parts and accessories of such articles 76,464 0.01 136,043-43.79
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 24,248,805 1.62 21,049,47515.20
95 Toys, games and sports requisites; parts and accessories thereof 631,375 0.04 554,20913.92
96 Miscellaneous manufactured articles 5,616,865 0.37 4,635,76021.16
SS Classified 8,298,267 0.55 3 868 306114.52
Russian foreign trade statistics
Source: Federal Customs Service of Russia