Russian trade in goods with Georgia in Q4 2017
based on data from the Federal Customs Service of Russia
Russia’s Trade with Georgia
In the 4th quarter of 2017, Russia’s trade with Georgia totaled $345,632,345, up 43.08% ($104,066,553) from the 4th quarter of 2016.
Russia’s exports to Georgia in the 4th quarter of 2017 totaled $224,732,193, up 30.86% ($52,994,993) from the 4th quarter of 2016.
Russia’s imports from Georgia in the 4th quarter of 2017 totaled $120,900,152, up 73.14% ($51,071,560) from the 4th quarter of 2016.
Russia’s trade surplus with Georgia in the 4th quarter of 2017 was $103,832,041, a 1.89% increase ($1,923,433) over the 4th quarter of 2016.
Georgia was Russia’s 60th largest trading partner in the 4th quarter of 2017 (up from 64th in the 4th quarter of 2016), accounting for 0.2068% of Russia’s total trade (up from 0.1773% in the 4th quarter of 2016).
Georgia was Russia’s 58th largest export market in the 4th quarter of 2017 (up from 61st in the 4th quarter of 2016), accounting for 0.2185% of Russia’s total exports (up from 0.2048% in the 4th quarter of 2016).
Georgia was Russia’s 61st largest supplier in the 4th quarter of 2017 (up from 63rd in the 4th quarter of 2016), accounting for 0.1881% of Russia’s total imports (up from 0.1332% in the 4th quarter of 2016).
Russia’s Exports to Georgia
The major share of Russian exports to Georgia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 35.86% of Russia’s total exports to Georgia (38.49% in the 4th quarter of 2016);
- Mineral products (HS codes 25-27) - 27.81% of Russia’s total exports to Georgia (20.22% in the 4th quarter of 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 15.32% of Russia’s total exports to Georgia (21.09% in the 4th quarter of 2016);
- Chemical products (HS codes 28-40) - 9.85% of Russia’s total exports to Georgia (10.61% in the 4th quarter of 2016);
- Metals and products from them (HS codes 72-83) - 3.89% of Russia’s total exports to Georgia (1.73% in the 4th quarter of 2016);
- Wood and wood products (HS codes 44-49) - 3.02% of Russia’s total exports to Georgia (3.79% in the 4th quarter of 2016).
The largest gains in Russia’s exports to Georgia in the 4th quarter of 2017 over the 4th 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 $27,771,268;
- 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 $3,617,214;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $3,432,400;
- Iron and steel (HS code 72) - an increase of $3,284,837;
- Cocoa and cocoa preparations (HS code 18) - an increase of $3,143,086;
- Plastics and articles thereof (HS code 39) - an increase of $2,664,676;
- Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $2,028,457;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $1,989,342;
- Cereals (HS code 10) - an increase of $1,954,525;
- Glass and glassware (HS code 70) - an increase of $1,549,954;
- Sugars and sugar confectionery (HS code 17) - an increase of $1,402,781;
- Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $1,141,710;
- Fertilizers (HS code 31) - an increase of $1,124,325;
- Miscellaneous edible preparations (HS code 21) - an increase of $1,061,286;
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $1,040,247;
- Aluminum and articles thereof (HS code 76) - an increase of $991,544;
- Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - an increase of $862,071;
- Copper and articles thereof (HS code 74) - an increase of $745,315;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $689,264;
- Articles of iron or steel (HS code 73) - an increase of $676,804.
The largest declines in Russia’s exports to Georgia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:
- Ships, boats and floating structures (HS code 89) - a decrease of $6,295,311;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $2,324,773;
- Beverages, spirits and vinegar (HS code 22) - a decrease of $990,516;
- Pharmaceutical products (HS code 30) - a decrease of $720,179.
HS code |
Name of product group | Value of exports in Q4 2017, US dollars ($) |
Percent share in total export | Value of exports in Q4 2016, US dollars ($) |
Percent change in Q4 2017 over Q4 2016 |
---|---|---|---|---|---|
01 | Live animals | 736,344 | 0.33 | 296,489 | 148.35 |
02 | Meat and edible meat offal | 47,418 | 0.02 | 5,588 | 748.57 |
03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 311,841 | 0.14 | 314,435 | -0.82 |
04 | Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included | 1,453,038 | 0.65 | 1,171,955 | 23.98 |
05 | Products of animal origin, not elsewhere specified or included | 260 | 0.00 | 260 | 0.00 |
06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 27,369 | 0.01 | 35,956 | -23.88 |
07 | Edible vegetables and certain roots and tubers | 194,917 | 0.09 | 39,429 | 394.35 |
08 | Edible fruit and nuts; peel of citrus fruit or melons | 25,416 | 0.01 | 6,706 | 279.00 |
09 | Coffee, tea, maté and spices | 906,293 | 0.40 | 1,047,496 | -13.48 |
10 | Cereals | 28,010,539 | 12.46 | 26,056,014 | 7.50 |
11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 2,393,465 | 1.07 | 1,531,394 | 56.29 |
12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 953,907 | 0.42 | 530,109 | 79.95 |
14 | Vegetable plaiting materials; vegetable products not elsewhere specified or included | 17 | 0.00 | 0 | ∞ |
15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 9,329,299 | 4.15 | 8,187,589 | 13.94 |
16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 1,727,996 | 0.77 | 1,341,312 | 28.83 |
17 | Sugars and sugar confectionery | 2,864,231 | 1.27 | 1,461,450 | 95.99 |
18 | Cocoa and cocoa preparations | 10,913,088 | 4.86 | 7,770,002 | 40.45 |
19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 7,584,182 | 3.37 | 5,555,725 | 36.51 |
20 | Preparations of vegetables, fruit, nuts or other parts of plants | 514,690 | 0.23 | 561,758 | -8.38 |
21 | Miscellaneous edible preparations | 7,378,231 | 3.28 | 6,316,945 | 16.80 |
22 | Beverages, spirits and vinegar | 1,265,294 | 0.56 | 2,255,810 | -43.91 |
23 | Residues and waste from the food industries; prepared animal feed | 1,359,408 | 0.60 | 1,006,814 | 35.02 |
24 | Tobacco and manufactured tobacco substitutes | 2,593,220 | 1.15 | 603,878 | 329.43 |
25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 22,166 | 0.01 | 16,648 | 33.15 |
27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 62,486,210 | 27.80 | 34,714,942 | 80.00 |
28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 1,363,428 | 0.61 | 1,373,312 | -0.72 |
29 | Organic chemicals | 352,895 | 0.16 | 185,223 | 90.52 |
30 | Pharmaceutical products | 4,050,148 | 1.80 | 4,770,327 | -15.10 |
31 | Fertilizers | 1,758,565 | 0.78 | 634,240 | 177.27 |
32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 644,836 | 0.29 | 505,375 | 27.60 |
33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 4,709,104 | 2.10 | 3,668,857 | 28.35 |
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 | 2,732,862 | 1.22 | 2,772,526 | -1.43 |
35 | Albuminoidal substances; modified starches; glues; enzymes | 170,805 | 0.08 | 81,227 | 110.28 |
36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 200,322 | 0.09 | 132,440 | 51.25 |
38 | Miscellaneous chemical products | 802,503 | 0.36 | 1,019,835 | -21.31 |
39 | Plastics and articles thereof | 4,243,964 | 1.89 | 1,579,288 | 168.73 |
40 | Rubber and articles thereof | 1,115,266 | 0.50 | 1,498,993 | -25.60 |
42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 60,012 | 0.03 | 58,925 | 1.84 |
43 | Furskins and artificial fur; manufactures thereof | 0 | 0.00 | 21 | -100.00 |
44 | Wood and articles of wood; wood charcoal | 4,824,919 | 2.15 | 4,172,592 | 15.63 |
45 | Cork and articles of cork | 3,785 | 0.00 | 0 | ∞ |
46 | Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork | 2,230 | 0.00 | 8 | 27,775.00 |
47 | Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard | 18,138 | 0.01 | 10,417 | 74.12 |
48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 1,815,297 | 0.81 | 2,193,448 | -17.24 |
49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 125,214 | 0.06 | 127,568 | -1.85 |
52 | Cotton | 6,336 | 0.00 | 19,558 | -67.60 |
54 | Man-made filaments | 282 | 0.00 | 126 | 123.81 |
56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 68,475 | 0.03 | 37,636 | 81.94 |
57 | Carpets and other textile floor coverings | 326 | 0.00 | 451 | -27.72 |
58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 735 | 0.00 | 45 | 1,533.33 |
59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 7,869 | 0.00 | 64,761 | -87.85 |
61 | Articles of apparel and clothing accessories, knitted or crocheted | 316,484 | 0.14 | 266,858 | 18.60 |
62 | Articles of apparel and clothing accessories, not knitted or crocheted | 168,607 | 0.08 | 129,813 | 29.88 |
63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 126,012 | 0.06 | 87,742 | 43.62 |
64 | Footwear, gaiters and the like; parts of such articles | 616,952 | 0.27 | 523,997 | 17.74 |
65 | Headgear and parts thereof | 8,009 | 0.00 | 3,559 | 125.04 |
66 | Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof | 33 | 0.00 | 519 | -93.64 |
67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 1,127 | 0.00 | 578 | 94.98 |
68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 1,613,161 | 0.72 | 923,897 | 74.60 |
69 | Ceramic products | 785,283 | 0.35 | 521,715 | 50.52 |
70 | Glass and glassware | 3,696,770 | 1.64 | 2,146,816 | 72.20 |
71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 15,968 | 0.01 | 23,898 | -33.18 |
72 | Iron and steel | 4,828,658 | 2.15 | 1,543,821 | 212.77 |
73 | Articles of iron or steel | 1,679,511 | 0.75 | 1,002,707 | 67.50 |
74 | Copper and articles thereof | 836,151 | 0.37 | 90,836 | 820.51 |
75 | Nickel and articles thereof | 174 | 0.00 | 0 | ∞ |
76 | Aluminum and articles thereof | 1,049,549 | 0.47 | 58,005 | 1,709.41 |
78 | Lead and articles thereof | 0 | 0.00 | 1,187 | -100.00 |
80 | Tin and articles thereof | 0 | 0.00 | 1,168 | -100.00 |
81 | Other base metals; cermets; articles thereof | 0 | 0.00 | 8,870 | -100.00 |
82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 138,045 | 0.06 | 166,620 | -17.15 |
83 | Miscellaneous articles of base metal | 200,940 | 0.09 | 100,777 | 99.39 |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 9,026,917 | 4.02 | 5,594,517 | 61.35 |
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 | 22,238,217 | 9.90 | 18,621,003 | 19.43 |
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 | 336,916 | 0.15 | 189,119 | 78.15 |
87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 2,178,560 | 0.97 | 4,503,333 | -51.62 |
89 | Ships, boats and floating structures | 0 | 0.00 | 6,295,311 | -100.00 |
90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 651,162 | 0.29 | 1,012,903 | -35.71 |
91 | Clocks and watches and parts thereof | 9,765 | 0.00 | 3,047 | 220.48 |
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 | 899,408 | 0.40 | 610,567 | 47.31 |
95 | Toys, games and sports requisites; parts and accessories thereof | 283,001 | 0.13 | 94,085 | 200.79 |
96 | Miscellaneous manufactured articles | 634,292 | 0.28 | 1,066,045 | -40.50 |
97 | Works of art, collectors’ pieces and antiques | 0 | 0.00 | 1,115 | -100.00 |
SS | Classified | 215,366 | 0.10 | 406 869 | -47.07 |
Russia’s Imports from Georgia
The major share of Russian imports from Georgia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 61.22% of Russia’s total imports from Georgia (76.39% in the 4th quarter of 2016);
- Metals and products from them (HS codes 72-83) - 35.59% of Russia’s total imports from Georgia (21.05% in the 4th quarter of 2016);
- Chemical products (HS codes 28-40) - 1.29% of Russia’s total imports from Georgia (0.62% in the 4th quarter of 2016).
The largest gains in Russia’s imports from Georgia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:
- Iron and steel (HS code 72) - an increase of $27,390,903;
- Beverages, spirits and vinegar (HS code 22) - an increase of $23,092,764;
- Miscellaneous articles of base metal (HS code 83) - an increase of $847,719;
- Pharmaceutical products (HS code 30) - an increase of $721,380;
- 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 $442,878.
The largest declines in Russia’s imports from Georgia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:
- Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $2,187,839.
HS code |
Name of product group | Value of imports in Q4 2017, US dollars ($) |
Percent share in total import | Value of imports in Q4 2016, US dollars ($) |
Percent change in Q4 2017 over Q4 2016 |
---|---|---|---|---|---|
03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 0 | 0.00 | 100,463 | -100.00 |
06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 9,668 | 0.01 | 17,884 | -45.94 |
07 | Edible vegetables and certain roots and tubers | 1,108,982 | 0.92 | 1,295,138 | -14.37 |
08 | Edible fruit and nuts; peel of citrus fruit or melons | 10,787,686 | 8.92 | 12,975,525 | -16.86 |
09 | Coffee, tea, maté and spices | 820,396 | 0.68 | 928,991 | -11.69 |
10 | Cereals | 0 | 0.00 | 2,970 | -100.00 |
12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 41,489 | 0.03 | 37,250 | 11.38 |
16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 14,340 | 0.01 | 0 | ∞ |
17 | Sugars and sugar confectionery | 137 | 0.00 | 0 | ∞ |
18 | Cocoa and cocoa preparations | 16,484 | 0.01 | 10,259 | 60.68 |
19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 33,894 | 0.03 | 56,609 | -40.13 |
20 | Preparations of vegetables, fruit, nuts or other parts of plants | 314,474 | 0.26 | 165,603 | 89.90 |
21 | Miscellaneous edible preparations | 149,175 | 0.12 | 121,116 | 23.17 |
22 | Beverages, spirits and vinegar | 60,717,175 | 50.22 | 37,624,411 | 61.38 |
24 | Tobacco and manufactured tobacco substitutes | 0 | 0.00 | 8,400 | -100.00 |
25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 89,118 | 0.07 | 92,181 | -3.32 |
26 | Ores, slag and ash | 695,380 | 0.58 | 530,885 | 30.99 |
27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 203 | 0.00 | 122 | 66.39 |
28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 643,316 | 0.53 | 200,438 | 220.96 |
30 | Pharmaceutical products | 721,380 | 0.60 | 0 | ∞ |
33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 190,363 | 0.16 | 222,134 | -14.30 |
38 | Miscellaneous chemical products | 3,051 | 0.00 | 5,491 | -44.44 |
39 | Plastics and articles thereof | 2,806 | 0.00 | 400 | 601.50 |
40 | Rubber and articles thereof | 1 | 0.00 | 5,805 | -99.98 |
42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 103 | 0.00 | 17,876 | -99.42 |
44 | Wood and articles of wood; wood charcoal | 14,938 | 0.01 | 19,393 | -22.97 |
46 | Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork | 0 | 0.00 | 27 | -100.00 |
48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 576 | 0.00 | 31 | 1,758.06 |
49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 38,788 | 0.03 | 9,790 | 296.20 |
54 | Man-made filaments | 7,180 | 0.01 | 8,239 | -12.85 |
56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 245 | 0.00 | 0 | ∞ |
57 | Carpets and other textile floor coverings | 0 | 0.00 | 480 | -100.00 |
58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 0 | 0.00 | 230 | -100.00 |
61 | Articles of apparel and clothing accessories, knitted or crocheted | 172,885 | 0.14 | 86,720 | 99.36 |
62 | Articles of apparel and clothing accessories, not knitted or crocheted | 166,274 | 0.14 | 81,014 | 105.24 |
63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 175,585 | 0.15 | 117,018 | 50.05 |
65 | Headgear and parts thereof | 0 | 0.00 | 55 | -100.00 |
66 | Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof | 807 | 0.00 | 0 | ∞ |
68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 92,410 | 0.08 | 33,059 | 179.53 |
69 | Ceramic products | 0 | 0.00 | 263 | -100.00 |
70 | Glass and glassware | 0 | 0.00 | 2,405 | -100.00 |
71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 0 | 0.00 | 28,576 | -100.00 |
72 | Iron and steel | 41,503,363 | 34.33 | 14,112,460 | 194.09 |
73 | Articles of iron or steel | 231,537 | 0.19 | 138,511 | 67.16 |
74 | Copper and articles thereof | 0 | 0.00 | 755 | -100.00 |
76 | Aluminum and articles thereof | 0 | 0.00 | 45 | -100.00 |
79 | Zinc and articles thereof | 0 | 0.00 | 162 | -100.00 |
83 | Miscellaneous articles of base metal | 1,297,198 | 1.07 | 449,479 | 188.60 |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 343,128 | 0.28 | 60,496 | 467.19 |
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 | 396,198 | 0.33 | 195,867 | 102.28 |
87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 67 | -100.00 |
89 | Ships, boats and floating structures | 18,571 | 0.02 | 0 | ∞ |
90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 28,995 | 0.02 | 2,357 | 1,130.17 |
92 | Musical instruments; parts and accessories of such articles | 0 | 0.00 | 102 | -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 | 51,828 | 0.04 | 11,040 | 369.46 |
96 | Miscellaneous manufactured articles | 25 | 0.00 | 0 | ∞ |
SS | Classified | 0 | 0.00 | 50 000 | -100.00 |