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Russian trade in goods with South Korea 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 South Korea in the first quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 1st quarter of 2017, Russia’s trade with South Korea totaled $4,381,788,733, up 28.19% ($963,577,873) from the 1st quarter of 2016.

Russia’s exports to South Korea in the 1st quarter of 2017 totaled $3,080,915,556, up 20.65% ($527,291,376) from the 1st quarter of 2016.

Russia’s imports from South Korea in the 1st quarter of 2017 totaled $1,300,873,177, up 50.46% ($436,286,497) from the 1st quarter of 2016.

Russia’s trade surplus with South Korea in the 1st quarter of 2017 was $1,780,042,379, a 5.39% increase ($91,004,879) over the 1st quarter of 2016.

South Korea was Russia’s 7th largest trading partner in the 1st quarter of 2017 (up from 9th in the 1st quarter of 2016), accounting for 3.4085% of Russia’s total trade (down from 3.5211% in the 1st quarter of 2016).

South Korea was Russia’s 7th largest export market in the 1st quarter of 2017 (down from 6th in the 1st quarter of 2016), accounting for 3.6969% of Russia’s total exports (down from 4.1670% in the 1st quarter of 2016).

South Korea was Russia’s 8th largest supplier in the 1st quarter of 2017 (just as in the 1st quarter of 2016), accounting for 2.8770% of Russia’s total imports (up from 2.4153% in the 1st quarter of 2016).

Russia’s Exports to South Korea

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

  • Mineral products (HS codes 25-27) - 80.16% of Russia’s total exports to South Korea (76.87% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.43% of Russia’s total exports to South Korea (10.98% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 5.36% of Russia’s total exports to South Korea (7.18% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.57% of Russia’s total exports to South Korea (0.03% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.39% of Russia’s total exports to South Korea (1.82% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.32% of Russia’s total exports to South Korea (0.43% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.63% of Russia’s total exports to South Korea (2.54% in the 1st quarter of 2016).

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

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $491,312,485;
  • 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 $47,442,737;
  • Ships, boats and floating structures (HS code 89) - an increase of $29,702,300;
  • Ores, slag and ash (HS code 26) - an increase of $15,372,574;
  • Iron and steel (HS code 72) - an increase of $13,999,544.

The largest declines in Russia’s exports to South Korea in the 1st quarter of 2017 over the 1st quarter of 2016 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 $55,561,032;
  • Aluminum and articles thereof (HS code 76) - a decrease of $34,867,423.
Russia’s exports to South Korea in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q1 2017,
US dollars ($)
Percent share in total export Value of exports
in Q1 2016,
US dollars ($)
Percent change
in Q1 2017
over Q1 2016
02 Meat and edible meat offal 393,397 0.01 111354,311.71
03 Fish and crustaceans, molluscs and other aquatic invertebrates 220,170,021 7.15 216,307,1931.79
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0 0.00 3,652-100.00
05 Products of animal origin, not elsewhere specified or included 482,365 0.02 845,350-42.94
07 Edible vegetables and certain roots and tubers 92,105 0.00 24,500275.94
08 Edible fruit and nuts; peel of citrus fruit or melons 15,000 0.00 37,255-59.74
09 Coffee, tea, maté and spices 2,771 0.00 0
10 Cereals 47,117,601 1.53 50,242,382-6.22
11 Products of the milling industry; malt; starches; inulin; wheat gluten 13,980 0.00 8,46965.07
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 134,239 0.00 56,022139.62
13 Lac; gums, resins and other vegetable saps and extracts 389,567 0.01 202,22292.64
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0 0.00 24,597-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 40,890 0.00 481,477-91.51
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 330,834 0.01 111,967195.47
17 Sugars and sugar confectionery 54 0.00 281-80.78
18 Cocoa and cocoa preparations 82,902 0.00 148,098-44.02
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,470 0.00 10,156-85.53
20 Preparations of vegetables, fruit, nuts or other parts of plants 11,699 0.00 17,742-34.06
21 Miscellaneous edible preparations 2,299,887 0.07 131,4101,650.16
22 Beverages, spirits and vinegar 39,550 0.00 30,74728.63
23 Residues and waste from the food industries; prepared animal feed 14,071,956 0.46 11,597,81421.33
24 Tobacco and manufactured tobacco substitutes 4,749,187 0.15 11,03242,949.19
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 10,190 0.00 7145,471.43
26 Ores, slag and ash 17,377,286 0.56 2,004,712766.82
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,452,309,087 79.60 1,960,996,60225.05
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 2,638,272 0.09 58,199,304-95.47
29 Organic chemicals 2,522,624 0.08 1,713,84347.19
30 Pharmaceutical products 2,437,836 0.08 849,516186.97
31 Fertilizers 0 0.00 732-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3,626,948 0.12 938,269286.56
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 30,940 0.00 10,113205.94
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 3,969 0.00 17,731-77.62
35 Albuminoidal substances; modified starches; glues; enzymes 3,567 0.00 466665.45
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 6,120 0.00 1,524301.57
37 Photographic or cinematographic goods 0 0.00 1,181-100.00
38 Miscellaneous chemical products 151,239 0.00 99,00452.76
39 Plastics and articles thereof 2,198,783 0.07 1,124,56295.52
40 Rubber and articles thereof 5,674,721 0.18 1,948,735191.20
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 28 0.00 675-95.85
43 Furskins and artificial fur; manufactures thereof 6,315 0.00 0
44 Wood and articles of wood; wood charcoal 23,122,356 0.75 28,528,108-18.95
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 17,353,164 0.56 16,012,9738.37
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,105,024 0.07 1,500,98340.24
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 108,298 0.00 536,928-79.83
52 Cotton 0 0.00 186-100.00
54 Man-made filaments 297,104 0.01 6,8324,248.71
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 332,774 0.01 67,459393.30
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 3 0.00 524-99.43
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 906 0.00 3,407-73.41
61 Articles of apparel and clothing accessories, knitted or crocheted 13,592 0.00 6,753101.27
62 Articles of apparel and clothing accessories, not knitted or crocheted 14,257 0.00 14,344-0.61
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 31,306 0.00 25911,987.26
64 Footwear, gaiters and the like; parts of such articles 48,760 0.00 33,76244.42
65 Headgear and parts thereof 0 0.00 3-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 16,027 0.00 4,663243.71
69 Ceramic products 120,081 0.00 232,525-48.36
70 Glass and glassware 285,786 0.01 267,6746.77
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 48,278,102 1.57 835,3655,679.28
72 Iron and steel 67,263,233 2.18 53,263,68926.28
73 Articles of iron or steel 1,984,001 0.06 546,349263.14
74 Copper and articles thereof 44,302 0.00 1,5462,765.59
75 Nickel and articles thereof 4,565 0.00 0
76 Aluminum and articles thereof 92,190,980 2.99 127,058,403-27.44
80 Tin and articles thereof 37,383 0.00 0
81 Other base metals; cermets; articles thereof 3,091,781 0.10 2,333,69532.48
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 481,469 0.02 176,670172.52
83 Miscellaneous articles of base metal 8,989 0.00 1705,187.65
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 5,021,013 0.16 4,294,53916.92
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 3,141,750 0.10 3,827,340-17.91
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 0 0.00 98,400-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 197,329 0.01 126,59655.87
89 Ships, boats and floating structures 30,294,700 0.98 592,4005,013.89
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,005,085 0.07 2,003,6870.07
91 Clocks and watches and parts thereof 164 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 146,633 0.00 305,900-52.07
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 10,776-100.00
96 Miscellaneous manufactured articles 0 0.00 693-100.00
97 Works of art, collectors’ pieces and antiques 110 0.00 0
SS Classified 3,437,129 0.11 2 731 12625.85

Russia’s Imports from South Korea

The major share of Russian imports from South Korea in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 66.77% of Russia’s total imports from South Korea (58.50% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 15.81% of Russia’s total imports from South Korea (17.91% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 8.06% of Russia’s total imports from South Korea (12.72% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.03% of Russia’s total imports from South Korea (2.36% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.63% of Russia’s total imports from South Korea (2.09% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.66% of Russia’s total imports from South Korea (1.08% in the 1st quarter of 2016).

The largest gains in Russia’s imports from South Korea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - an increase of $148,993,124;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $126,374,966;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $62,461,371;
  • Rubber and articles thereof (HS code 40) - an increase of $33,682,257;
  • 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 $17,260,756;
  • Plastics and articles thereof (HS code 39) - an increase of $16,038,135;
  • Iron and steel (HS code 72) - an increase of $9,753,814;
  • 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 $9,720,934;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $7,522,248;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $5,485,766;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $4,575,267.

The largest declines in Russia’s imports from South Korea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $10,964,570;
  • Articles of iron or steel (HS code 73) - a decrease of $9,507,714;
  • Organic chemicals (HS code 29) - a decrease of $8,545,027.
Russia’s imports from South Korea in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q1 2017,
US dollars ($)
Percent share in total import Value of imports in Q1 2016,
US dollars ($)
Percent change
in Q1 2017
over Q1 2016
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,675,096 0.13 221,610655.88
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 7,682 0.00 39,217-80.41
07 Edible vegetables and certain roots and tubers 13,204 0.00 10,91320.99
08 Edible fruit and nuts; peel of citrus fruit or melons 173,224 0.01 146,21618.47
09 Coffee, tea, maté and spices 60,418 0.00 6,684803.92
10 Cereals 42,262 0.00 29,08845.29
11 Products of the milling industry; malt; starches; inulin; wheat gluten 7,247 0.00 0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 500,946 0.04 396,52426.33
13 Lac; gums, resins and other vegetable saps and extracts 13,585 0.00 19,102-28.88
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0 0.00 7,935-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 36,192 0.00 50,234-27.95
17 Sugars and sugar confectionery 121,826 0.01 192,138-36.59
18 Cocoa and cocoa preparations 127,176 0.01 82,17354.77
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,393,257 0.18 1,910,29125.28
20 Preparations of vegetables, fruit, nuts or other parts of plants 561,379 0.04 306,91682.91
21 Miscellaneous edible preparations 7,671,633 0.59 6,255,05222.65
22 Beverages, spirits and vinegar 2,893,573 0.22 2,256,19028.25
23 Residues and waste from the food industries; prepared animal feed 9,000 0.00 78,551-88.54
24 Tobacco and manufactured tobacco substitutes 4,854,041 0.37 6,051,515-19.79
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 9,625 0.00 363,767-97.35
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 11,787,634 0.91 8,119,79445.17
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 6,293,927 0.48 4,509,90339.56
29 Organic chemicals 10,326,375 0.79 18,871,402-45.28
30 Pharmaceutical products 4,181,874 0.32 3,223,19729.74
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4,103,777 0.32 4,540,776-9.62
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 11,908,711 0.92 6,422,94585.41
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 4,329,979 0.33 3,755,30415.30
35 Albuminoidal substances; modified starches; glues; enzymes 1,504,280 0.12 1,090,91337.89
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 50 0.00 41,150.00
37 Photographic or cinematographic goods 88,259 0.01 114,997-23.25
38 Miscellaneous chemical products 4,686,229 0.36 3,861,05221.37
39 Plastics and articles thereof 89,381,933 6.87 73,343,79821.87
40 Rubber and articles thereof 68,825,656 5.29 35,143,39995.84
41 Raw hides and skins (other than furskins) and leather 673,270 0.05 798,765-15.71
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,122,857 0.16 480,060342.21
43 Furskins and artificial fur; manufactures thereof 3,321 0.00 0
44 Wood and articles of wood; wood charcoal 39,510 0.00 208,486-81.05
45 Cork and articles of cork 4,586 0.00 0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 18,526 0.00 22,423-17.38
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0 0.00 66-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 8,064,122 0.62 8,863,529-9.02
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 410,297 0.03 247,59465.71
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 27,375 0.00 33,000-17.05
52 Cotton 494,838 0.04 331,06549.47
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 82,595 0.01 141,264-41.53
54 Man-made filaments 3,536,823 0.27 3,548,038-0.32
55 Man-made staple fibers 6,329,873 0.49 5,518,09314.71
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4,971,935 0.38 2,836,94375.26
57 Carpets and other textile floor coverings 57,857 0.00 5,294992.88
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 443,458 0.03 258,63171.46
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 4,334,614 0.33 3,124,81138.72
60 Knitted or crocheted fabrics 1,935,365 0.15 2,051,237-5.65
61 Articles of apparel and clothing accessories, knitted or crocheted 1,249,103 0.10 305,659308.66
62 Articles of apparel and clothing accessories, not knitted or crocheted 519,430 0.04 169,498206.45
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,100,903 0.16 1,951,1757.67
64 Footwear, gaiters and the like; parts of such articles 184,752 0.01 81,835125.76
65 Headgear and parts thereof 8,839 0.00 10,994-19.60
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 3,084 0.00 0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 100,316 0.01 71,04441.20
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,203,134 0.25 2,907,45110.17
69 Ceramic products 490,665 0.04 276,73577.31
70 Glass and glassware 7,385,244 0.57 5,739,34328.68
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 223,597 0.02 181,90622.92
72 Iron and steel 45,467,498 3.50 35,713,68427.31
73 Articles of iron or steel 21,183,722 1.63 30,691,436-30.98
74 Copper and articles thereof 751,566 0.06 537,36039.86
75 Nickel and articles thereof 2,164 0.00 913137.02
76 Aluminum and articles thereof 3,077,543 0.24 2,462,03925.00
78 Lead and articles thereof 436 0.00 0
79 Zinc and articles thereof 448,821 0.03 394,34913.81
80 Tin and articles thereof 0 0.00 166-100.00
81 Other base metals; cermets; articles thereof 162,918 0.01 30,336437.05
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 20,519,548 1.58 31,484,118-34.83
83 Miscellaneous articles of base metal 13,266,168 1.02 8,690,90152.64
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 200,199,013 15.39 137,737,64245.35
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 154,714,963 11.89 137,454,20712.56
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 172,680 0.01 49,882246.18
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 328,347,919 25.24 201,972,95362.57
89 Ships, boats and floating structures 149,000,479 11.45 7,3552,025,739.28
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 36,108,989 2.78 28,586,74126.31
91 Clocks and watches and parts thereof 373,479 0.03 184,690102.22
92 Musical instruments; parts and accessories of such articles 138,469 0.01 46,985194.71
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 29,211,198 2.25 19,490,26449.88
95 Toys, games and sports requisites; parts and accessories thereof 545,609 0.04 498,0629.55
96 Miscellaneous manufactured articles 3,173,187 0.24 4,269,806-25.68
SS Classified 6,396,469 0.49 2 696 252137.24
Russian foreign trade statistics
Source: Federal Customs Service of Russia