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Russian trade in goods with Libya in Q1 2017

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Libya in the first quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Libya

In the 1st quarter of 2017, Russia’s trade with Libya totaled $40,368,896, up 238.53% ($28,444,263) from the 1st quarter of 2016.

Russia’s exports to Libya in the 1st quarter of 2017 totaled $40,368,896, up 238.53% ($28,444,263) from the 1st quarter of 2016.

Russia’s imports from Libya in the 1st quarter of 2017 were $0, unchanged from the 1st quarter of 2016.

Russia’s trade surplus with Libya in the 1st quarter of 2017 was $40,368,896, a 238.53% increase ($28,444,263) over the 1st quarter of 2016.

Libya was Russia’s 101st largest trading partner in the 1st quarter of 2017 (up from 119th in the 1st quarter of 2016), accounting for 0.0314% of Russia’s total trade (up from 0.0123% in the 1st quarter of 2016).

Libya was Russia’s 86th largest export market in the 1st quarter of 2017 (up from 104th in the 1st quarter of 2016), accounting for 0.0484% of Russia’s total exports (up from 0.0195% in the 1st quarter of 2016).

There were no Russia’s imports from Libya both in the 1st quarter of 2017 and in the 1st quarter of 2016.

Russia’s Exports to Libya

The major share of Russian exports to Libya in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 93.32% of Russia’s total exports to Libya (92.62% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 6.46% of Russia’s total exports to Libya (2.73% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.16% of Russia’s total exports to Libya (4.30% in the 1st quarter of 2016).

The largest gains in Russia’s exports to Libya in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $26,439,432;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $2,280,912.

The largest declines in Russia’s exports to Libya in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $503,401.
Russia’s exports to Libya in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q1 2017,
US dollars ($)
Percent share in total export Value of exports
in Q1 2016,
US dollars ($)
Percent change
in Q1 2017
over Q1 2016
10 Cereals 37,484,028 92.85 11,044,596239.39
17 Sugars and sugar confectionery 15,182 0.04 0
18 Cocoa and cocoa preparations 90,455 0.22 0
20 Preparations of vegetables, fruit, nuts or other parts of plants 81,599 0.20 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,606,371 6.46 325,459700.83
30 Pharmaceutical products 15,465 0.04 0
39 Plastics and articles thereof 8 0.00 0
40 Rubber and articles thereof 0 0.00 40,319-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 9,926 0.02 0
70 Glass and glassware 361 0.00 0
73 Articles of iron or steel 855 0.00 1,559-45.16
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 55,222 0.14 9,041510.80
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 8,599 0.02 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 258 0.00 503,659-99.95
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 567 0.00 0

Russia’s Imports from Libya

There were no Russia’s imports from Libya in the 1st quarter of 2017 as well as in the 1st quarter of 2016.

Russian foreign trade statistics
Source: Federal Customs Service of Russia