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Russian trade in goods with South Korea in Q2 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 second quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 2nd quarter of 2017, Russia’s trade with South Korea totaled $5,441,574,817, up 72.15% ($2,280,680,595) from the 2nd quarter of 2016.

Russia’s exports to South Korea in the 2nd quarter of 2017 totaled $3,243,823,804, up 62.30% ($1,245,184,978) from the 2nd quarter of 2016.

Russia’s imports from South Korea in the 2nd quarter of 2017 totaled $2,197,751,013, up 89.09% ($1,035,495,617) from the 2nd quarter of 2016.

Russia’s trade surplus with South Korea in the 2nd quarter of 2017 was $1,046,072,791, a 25.07% increase ($209,689,361) over the 2nd quarter of 2016.

South Korea was Russia’s 7th largest trading partner in the 2nd quarter of 2017 (up from 10th in the 2nd quarter of 2016), accounting for 3.8936% of Russia’s total trade (up from 2.9042% in the 2nd quarter of 2016).

South Korea was Russia’s 7th largest export market in the 2nd quarter of 2017 (up from 11th in the 2nd quarter of 2016), accounting for 3.8630% of Russia’s total exports (up from 3.0078% in the 2nd quarter of 2016).

South Korea was Russia’s 7th largest supplier in the 2nd quarter of 2017 (up from 8th in the 2nd quarter of 2016), accounting for 3.9397% of Russia’s total imports (up from 2.7418% in the 2nd quarter of 2016).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 75.33% of Russia’s total exports to South Korea (70.47% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.90% of Russia’s total exports to South Korea (15.78% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 6.28% of Russia’s total exports to South Korea (8.62% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 2.53% of Russia’s total exports to South Korea (1.90% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.68% of Russia’s total exports to South Korea (2.25% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.39% of Russia’s total exports to South Korea (0.03% in the 2nd quarter of 2016).

The largest gains in Russia’s exports to South Korea in the 2nd quarter of 2017 over the 2nd 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 $1,042,090,379;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $84,686,247;
  • 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 $44,376,402;
  • 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 $34,293,857;
  • Aluminum and articles thereof (HS code 76) - an increase of $29,395,387;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $11,080,503.

The largest declines in Russia’s exports to South Korea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $18,739,912.
Russia’s exports to South Korea in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q2 2017,
US dollars ($)
Percent share in total export Value of exports
in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
02 Meat and edible meat offal 497,681 0.02 0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 331,865,889 10.23 247,179,64234.26
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0 0.00 1,620-100.00
05 Products of animal origin, not elsewhere specified or included 2,755,368 0.08 1,617,74870.32
07 Edible vegetables and certain roots and tubers 311,406 0.01 57,498441.59
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 14,000-100.00
09 Coffee, tea, maté and spices 0 0.00 27,817-100.00
10 Cereals 37,723,484 1.16 56,463,396-33.19
11 Products of the milling industry; malt; starches; inulin; wheat gluten 4,664 0.00 13,436-65.29
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 40,593 0.00 15,012170.40
13 Lac; gums, resins and other vegetable saps and extracts 165,368 0.01 173,847-4.88
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 23,886 0.00 9,835142.87
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 158,689 0.00 0
18 Cocoa and cocoa preparations 132,003 0.00 64,686104.07
19 Preparations of cereals, flour, starch or milk; bakers’ wares 8,540 0.00 0
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,542 0.00 11,791-78.44
21 Miscellaneous edible preparations 159,222 0.00 732,505-78.26
22 Beverages, spirits and vinegar 264,859 0.01 116,278127.78
23 Residues and waste from the food industries; prepared animal feed 8,117,733 0.25 7,685,1355.63
24 Tobacco and manufactured tobacco substitutes 3,744,532 0.12 1,108,309237.86
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 17,946 0.00 17310,273.41
26 Ores, slag and ash 10,411,226 0.32 17,564,331-40.73
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,432,996,164 75.00 1,390,905,78574.92
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 62,938,213 1.94 28,644,356119.72
29 Organic chemicals 2,465,294 0.08 1,944,23126.80
30 Pharmaceutical products 3,315,937 0.10 132,7302,398.26
31 Fertilizers 0 0.00 83,830-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,284,762 0.07 1,522,23950.09
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 22,500 0.00 9,865128.08
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 7,924 0.00 4,08693.93
35 Albuminoidal substances; modified starches; glues; enzymes 1,503 0.00 463224.62
37 Photographic or cinematographic goods 0 0.00 28,731-100.00
38 Miscellaneous chemical products 448,879 0.01 169,670164.56
39 Plastics and articles thereof 4,100,814 0.13 1,368,889199.57
40 Rubber and articles thereof 6,422,736 0.20 4,164,72954.22
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 70 0.00 104-32.69
43 Furskins and artificial fur; manufactures thereof 50,322 0.00 412,383-87.80
44 Wood and articles of wood; wood charcoal 35,477,846 1.09 24,397,34345.42
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 16,322,323 0.50 18,808,817-13.22
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,671,317 0.05 943,51277.14
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,183,870 0.04 791,68349.54
52 Cotton 285 0.00 1,221-76.66
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0 0.00 1,160-100.00
54 Man-made filaments 438,054 0.01 228,82191.44
55 Man-made staple fibers 66 0.00 0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 676,197 0.02 638,6815.87
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 58 0.00 0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 522 0.00 4,486-88.36
60 Knitted or crocheted fabrics 0 0.00 94,873-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 18,093 0.00 9,04999.94
62 Articles of apparel and clothing accessories, not knitted or crocheted 650 0.00 1,132-42.58
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 13,634 0.00 35,115-61.17
64 Footwear, gaiters and the like; parts of such articles 94,224 0.00 92,8521.48
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 51,486 0.00 25,132104.86
69 Ceramic products 348,985 0.01 298,70016.83
70 Glass and glassware 346,149 0.01 230,97349.87
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 44,975,028 1.39 598,6267,413.04
72 Iron and steel 79,527,967 2.45 79,325,3850.26
73 Articles of iron or steel 1,403,946 0.04 2,966,623-52.68
74 Copper and articles thereof 114,315 0.00 55,296106.73
75 Nickel and articles thereof 414,375 0.01 0
76 Aluminum and articles thereof 117,077,758 3.61 87,682,37133.52
80 Tin and articles thereof 36,085 0.00 0
81 Other base metals; cermets; articles thereof 5,156,955 0.16 2,108,420144.59
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 23,819 0.00 58,445-59.25
83 Miscellaneous articles of base metal 15,412 0.00 4803,110.83
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4,668,607 0.14 3,953,28918.09
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 3,575,699 0.11 5,227,318-31.60
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 18,790 0.00 0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,977,400 0.06 32,5225,980.19
89 Ships, boats and floating structures 10,912,304 0.34 5,685,93491.92
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 4,085,938 0.13 1,841,134121.93
91 Clocks and watches and parts thereof 0 0.00 34,849-100.00
92 Musical instruments; parts and accessories of such articles 0 0.00 3,010-100.00
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 66,502 0.00 209,355-68.23
95 Toys, games and sports requisites; parts and accessories thereof 164,864 0.01 3,0125,373.57
96 Miscellaneous manufactured articles 10 0.00 57-82.46
SS Classified 1,503,522 0.05 0

Russia’s Imports from South Korea

The major share of Russian imports from South Korea in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 72.65% of Russia’s total imports from South Korea (65.26% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 12.07% of Russia’s total imports from South Korea (16.62% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 7.59% of Russia’s total imports from South Korea (7.92% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.69% of Russia’s total imports from South Korea (2.17% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.46% of Russia’s total imports from South Korea (2.08% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.71% of Russia’s total imports from South Korea (1.13% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.58% of Russia’s total imports from South Korea (1.28% in the 2nd quarter of 2016).

The largest gains in Russia’s imports from South Korea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $308,379,381;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $251,756,888;
  • Ships, boats and floating structures (HS code 89) - an increase of $147,445,904;
  • 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 $115,573,928;
  • Articles of iron or steel (HS code 73) - an increase of $35,868,722;
  • Plastics and articles thereof (HS code 39) - an increase of $28,764,839;
  • Iron and steel (HS code 72) - an increase of $25,818,682;
  • Rubber and articles thereof (HS code 40) - an increase of $20,667,573;
  • 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 $19,335,661;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $14,839,022;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $8,262,320;
  • 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 $8,227,190;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $6,991,890.

The largest declines in Russia’s imports from South Korea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s imports from South Korea in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q2 2017,
US dollars ($)
Percent share in total import Value of imports in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,884,797 0.09 452,531316.50
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,709 0.00 0
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0 0.00 17,816-100.00
07 Edible vegetables and certain roots and tubers 13,809 0.00 3,774265.90
08 Edible fruit and nuts; peel of citrus fruit or melons 83,667 0.00 93,118-10.15
09 Coffee, tea, maté and spices 3,263 0.00 3,431-4.90
10 Cereals 29,088 0.00 6,249365.48
11 Products of the milling industry; malt; starches; inulin; wheat gluten 2,684 0.00 0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 563,822 0.03 512,6059.99
13 Lac; gums, resins and other vegetable saps and extracts 8,060 0.00 23,193-65.25
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 516,844 0.02 215,571139.76
17 Sugars and sugar confectionery 421,420 0.02 222,34089.54
18 Cocoa and cocoa preparations 268,532 0.01 158,34169.59
19 Preparations of cereals, flour, starch or milk; bakers’ wares 3,706,309 0.17 3,445,1387.58
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,014,869 0.05 351,959188.35
21 Miscellaneous edible preparations 13,070,826 0.59 8,948,80446.06
22 Beverages, spirits and vinegar 7,076,439 0.32 5,234,38335.19
23 Residues and waste from the food industries; prepared animal feed 149,500 0.01 70,954110.70
24 Tobacco and manufactured tobacco substitutes 8,234,646 0.37 5,434,40251.53
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 53,264 0.00 1,508,714-96.47
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 12,696,185 0.58 13,413,185-5.35
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 13,087,427 0.60 4,860,237169.28
29 Organic chemicals 24,050,462 1.09 20,496,86017.34
30 Pharmaceutical products 5,371,380 0.24 4,640,85515.74
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 6,643,506 0.30 6,804,489-2.37
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 17,103,877 0.78 8,841,55793.45
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 7,093,110 0.32 5,491,44729.17
35 Albuminoidal substances; modified starches; glues; enzymes 1,568,154 0.07 1,874,312-16.33
37 Photographic or cinematographic goods 319,629 0.01 60,867425.13
38 Miscellaneous chemical products 7,482,187 0.34 6,948,6467.68
39 Plastics and articles thereof 122,879,192 5.59 94,114,35330.56
40 Rubber and articles thereof 59,703,753 2.72 39,036,18052.94
41 Raw hides and skins (other than furskins) and leather 1,132,567 0.05 826,65737.01
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,425,524 0.06 640,267122.65
43 Furskins and artificial fur; manufactures thereof 29,893 0.00 2,974905.14
44 Wood and articles of wood; wood charcoal 42,802 0.00 105,981-59.61
45 Cork and articles of cork 905 0.00 0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 32,769 0.00 7,484337.85
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 14,207,840 0.65 12,533,90513.36
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,417,119 0.06 513,116176.18
52 Cotton 526,639 0.02 557,335-5.51
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 12,081 0.00 35,036-65.52
54 Man-made filaments 3,748,396 0.17 3,770,868-0.60
55 Man-made staple fibers 8,192,188 0.37 5,133,78359.57
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4,964,965 0.23 2,680,42285.23
57 Carpets and other textile floor coverings 19,756 0.00 20,540-3.82
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 249,364 0.01 244,4042.03
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6,394,904 0.29 5,092,19525.58
60 Knitted or crocheted fabrics 2,176,063 0.10 2,217,354-1.86
61 Articles of apparel and clothing accessories, knitted or crocheted 1,680,222 0.08 775,212116.74
62 Articles of apparel and clothing accessories, not knitted or crocheted 490,814 0.02 352,25739.33
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3,468,345 0.16 3,064,40913.18
64 Footwear, gaiters and the like; parts of such articles 91,973 0.00 136,732-32.73
65 Headgear and parts thereof 34,681 0.00 40,490-14.35
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 717 0.00 0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 123,565 0.01 59,224108.64
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4,030,895 0.18 3,878,5773.93
69 Ceramic products 512,467 0.02 227,208125.55
70 Glass and glassware 9,810,361 0.45 6,336,73654.82
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 221,412 0.01 132,01367.72
72 Iron and steel 58,525,050 2.66 32,706,36878.94
73 Articles of iron or steel 60,096,541 2.73 24,227,819148.05
74 Copper and articles thereof 1,027,984 0.05 834,45923.19
75 Nickel and articles thereof 3,276 0.00 46,956-93.02
76 Aluminum and articles thereof 2,429,622 0.11 2,140,23813.52
79 Zinc and articles thereof 936,979 0.04 708,19632.31
80 Tin and articles thereof 15,016 0.00 0
81 Other base metals; cermets; articles thereof 195,468 0.01 16,0071,121.14
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 26,937,077 1.23 21,775,66023.70
83 Miscellaneous articles of base metal 16,571,721 0.75 9,579,83172.99
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 624,215,573 28.40 315,836,19297.64
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 288,529,764 13.13 172,955,83666.82
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 268,011 0.01 77,822244.39
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 483,497,280 22.00 231,740,392108.64
89 Ships, boats and floating structures 150,653,295 6.85 3,207,3914,597.07
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 49,472,117 2.25 34,633,09542.85
91 Clocks and watches and parts thereof 700,289 0.03 117,615495.41
92 Musical instruments; parts and accessories of such articles 291,500 0.01 30,414858.44
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 43,522,318 1.98 24,186,65779.94
95 Toys, games and sports requisites; parts and accessories thereof 650,988 0.03 672,578-3.21
96 Miscellaneous manufactured articles 4,364,021 0.20 4,090,3806.69
SS Classified 4,705,486 0.21 0
Russian foreign trade statistics
Source: Federal Customs Service of Russia