Russian trade in goods with Venezuela in Q3 2017
November 22, 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 Venezuela in the third quarter of 2017: exports, imports, products, dynamics.
Russia’s Trade with Venezuela
In the 3rd quarter of 2017, Russia’s trade with Venezuela was $24,520,960, down 74.14% ($70,288,451) from the 3rd quarter of 2016.
Russia’s exports to Venezuela in the 3rd quarter of 2017 were $24,299,136, down 74.32% ($70,321,547) from the 3rd quarter of 2016.
Russia’s imports from Venezuela in the 3rd quarter of 2017 totaled $221,824, up 17.54% ($33,096) from the 3rd quarter of 2016.
Russia’s trade surplus with Venezuela in the 3rd quarter of 2017 was $24,077,312, a 74.50% decrease ($70,354,643) over the 3rd quarter of 2016.
Venezuela was Russia’s 114th largest trading partner in the 3rd quarter of 2017 (down from 81st in the 3rd quarter of 2016), accounting for 0.0168% of Russia’s total trade (down from 0.0778% in the 3rd quarter of 2016).
Venezuela was Russia’s 101st largest export market in the 3rd quarter of 2017 (down from 69th in the 3rd quarter of 2016), accounting for 0.0285% of Russia’s total exports (down from 0.1315% in the 3rd quarter of 2016).
Venezuela was Russia’s 146th largest supplier in the 3rd quarter of 2017 (down from 142nd in the 3rd quarter of 2016), accounting for 0.0004% of Russia’s total imports (just as in the 3rd quarter of 2016).
Russia’s Exports to Venezuela
The major share of Russian exports to Venezuela in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 81.50% of Russia’s total exports to Venezuela (0.15% in the 3rd quarter of 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 15.40% of Russia’s total exports to Venezuela (66.67% in the 3rd quarter of 2016);
- Metals and products from them (HS codes 72-83) - 2.24% of Russia’s total exports to Venezuela (16.30% in the 3rd quarter of 2016);
- Chemical products (HS codes 28-40) - 0.81% of Russia’s total exports to Venezuela (4.78% in the 3rd quarter of 2016);
- Wood and wood products (HS codes 44-49) - 0.04% of Russia’s total exports to Venezuela (11.03% in the 3rd quarter of 2016).
The largest gains in Russia’s exports to Venezuela in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:
- Cereals (HS code 10) - an increase of $19,766,570;
- 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 $1,000,354;
- Organic chemicals (HS code 29) - an increase of $112,158.
The largest declines in Russia’s exports to Venezuela in the 3rd quarter of 2017 over the 3rd 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 $33,656,441;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $16,162,654;
- Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $12,103,361;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $10,521,601;
- Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $10,441,011;
- Fertilizers (HS code 31) - a decrease of $3,355,466;
- Articles of iron or steel (HS code 73) - a decrease of $2,746,333;
- Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - a decrease of $690,421;
- Rubber and articles thereof (HS code 40) - a decrease of $375,539;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $363,221;
- 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) - a decrease of $122,075.
| HS code |
Name of product group | Value of exports in Q3 2017, US dollars ($) |
Percent share in total export | Value of exports in Q3 2016, US dollars ($) |
Percent change in Q3 2017 over Q3 2016 |
|---|---|---|---|---|---|
| 10 | Cereals | 19,766,570 | 81.35 | 0 | ∞ |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 0 | 0.00 | 55,031 | -100.00 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 0 | 0.00 | 11,341 | -100.00 |
| 22 | Beverages, spirits and vinegar | 37,605 | 0.15 | 78,156 | -51.88 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 379 | 0.00 | 363,600 | -99.90 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 2,037 | 0.01 | 0 | ∞ |
| 29 | Organic chemicals | 112,158 | 0.46 | 0 | ∞ |
| 30 | Pharmaceutical products | 13 | 0.00 | 0 | ∞ |
| 31 | Fertilizers | 0 | 0.00 | 3,355,466 | -100.00 |
| 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 | 109 | 0.00 | 0 | ∞ |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 0 | 0.00 | 690,421 | -100.00 |
| 39 | Plastics and articles thereof | 81,590 | 0.34 | 97,539 | -16.35 |
| 40 | Rubber and articles thereof | 13 | 0.00 | 375,552 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 0 | 0.00 | 88 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 10,094 | 0.04 | 0 | ∞ |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 10,441,011 | -100.00 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 13 | 0.00 | 0 | ∞ |
| 59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 0 | 0.00 | 0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 204 | 0.00 | 0 | ∞ |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 164 | 0.00 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 576 | 0.00 | 1,981 | -70.92 |
| 64 | Footwear, gaiters and the like; parts of such articles | 164 | 0.00 | 0 | ∞ |
| 65 | Headgear and parts thereof | 49 | 0.00 | 0 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 119 | 0.00 | 4 | 2,875.00 |
| 69 | Ceramic products | 0 | 0.00 | 373 | -100.00 |
| 70 | Glass and glassware | 0 | 0.00 | 1,551 | -100.00 |
| 72 | Iron and steel | 58 | 0.00 | 0 | ∞ |
| 73 | Articles of iron or steel | 723 | 0.00 | 2,747,056 | -99.97 |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 16,419 | -100.00 |
| 78 | Lead and articles thereof | 0 | 0.00 | 6,048 | -100.00 |
| 81 | Other base metals; cermets; articles thereof | 0 | 0.00 | 43 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 544,099 | 2.24 | 12,647,460 | -95.70 |
| 83 | Miscellaneous articles of base metal | 18 | 0.00 | 8,843 | -99.80 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 555,485 | 2.29 | 11,077,086 | -94.99 |
| 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 | 3,159,791 | 13.00 | 2,159,437 | 46.32 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 16,162,654 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 26,277 | 0.11 | 33,682,718 | -99.92 |
| 91 | Clocks and watches and parts thereof | 0 | 0.00 | 861 | -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 | 767 | 0.00 | 122,842 | -99.38 |
| 96 | Miscellaneous manufactured articles | 61 | 0.00 | 539 | -88.68 |
| 97 | Works of art, collectors’ pieces and antiques | 0 | 0.00 | 27,372 | -100.00 |
| SS | Classified | 0 | 0.00 | 489 191 | -100.00 |
Russia’s Imports from Venezuela
The major share of Russian imports from Venezuela in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 79.96% of Russia’s total imports from Venezuela (96.55% in the 3rd quarter of 2016);
- Metals and products from them (HS codes 72-83) - 10.92% of Russia’s total imports from Venezuela (0.00% in the 3rd quarter of 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 8.75% of Russia’s total imports from Venezuela (2.54% in the 3rd quarter of 2016).
The largest gains in Russia’s imports from Venezuela in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:
- Articles of iron or steel (HS code 73) - an increase of $24,168;
- 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 $17,380;
- Cocoa and cocoa preparations (HS code 18) - an increase of $8,287.
The largest declines in Russia’s imports from Venezuela in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - a decrease of $13,139;
- 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 (HS code 86) - a decrease of $2,504;
- Plastics and articles thereof (HS code 39) - a decrease of $707.
| HS code |
Name of product group | Value of imports in Q3 2017, US dollars ($) |
Percent share in total import | Value of imports in Q3 2016, US dollars ($) |
Percent change in Q3 2017 over Q3 2016 |
|---|---|---|---|---|---|
| 18 | Cocoa and cocoa preparations | 74,721 | 33.68 | 66,434 | 12.47 |
| 22 | Beverages, spirits and vinegar | 102,641 | 46.27 | 115,780 | -11.35 |
| 29 | Organic chemicals | 92 | 0.04 | 0 | ∞ |
| 39 | Plastics and articles thereof | 0 | 0.00 | 707 | -100.00 |
| 40 | Rubber and articles thereof | 141 | 0.06 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 599 | 0.27 | 0 | ∞ |
| 73 | Articles of iron or steel | 24,168 | 10.90 | 0 | ∞ |
| 74 | Copper and articles thereof | 48 | 0.02 | 0 | ∞ |
| 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 | 18,933 | 8.54 | 1,553 | 1,119.12 |
| 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 | 2,504 | -100.00 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 481 | 0.22 | 620 | -22.42 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 124 | -100.00 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 0 | 0.00 | 6 | -100.00 |
| SS | Classified | 0 | 0.00 | 1 000 | -100.00 |