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Russian trade in goods with South Korea in Q1 2018

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 2018: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 1st quarter of 2018, Russia’s trade with South Korea was $4,201,999,124, down 4.10% ($179,789,609) from the 1st quarter of 2017.

Russia’s exports to South Korea in the 1st quarter of 2018 were $2,730,070,180, down 11.39% ($350,845,376) from the 1st quarter of 2017.

Russia’s imports from South Korea in the 1st quarter of 2018 totaled $1,471,928,944, up 13.15% ($171,055,767) from the 1st quarter of 2017.

Russia’s trade surplus with South Korea in the 1st quarter of 2018 was $1,258,141,236, a 29.32% decrease ($521,901,143) over the 1st quarter of 2017.

South Korea was Russia’s 11th largest trading partner in the 1st quarter of 2018 (down from 7th in the 1st quarter of 2017), accounting for 2.6657% of Russia’s total trade (down from 3.4085% in the 1st quarter of 2017).

South Korea was Russia’s 10th largest export market in the 1st quarter of 2018 (down from 7th in the 1st quarter of 2017), accounting for 2.6500% of Russia’s total exports (down from 3.6969% in the 1st quarter of 2017).

South Korea was Russia’s 8th largest supplier in the 1st quarter of 2018 (just as in the 1st quarter of 2017), accounting for 2.6953% of Russia’s total imports (down from 2.8770% in the 1st quarter of 2017).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea in the 1st quarter of 2018 (and in the 1st quarter of 2017) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 72.80% of Russia’s total exports to South Korea (80.16% in the 1st quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 10.82% of Russia’s total exports to South Korea (9.43% in the 1st quarter of 2017);
  • Metals and products from them (HS codes 72-83) - 10.02% of Russia’s total exports to South Korea (5.36% in the 1st quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 2.20% of Russia’s total exports to South Korea (1.39% in the 1st quarter of 2017);
  • Precious metals and stones (HS code 71) - 1.78% of Russia’s total exports to South Korea (1.57% in the 1st quarter of 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.44% of Russia’s total exports to South Korea (1.32% in the 1st quarter of 2017).

The largest gains in Russia’s exports to South Korea in the 1st quarter of 2018 over the 1st quarter of 2017 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - an increase of $77,449,543;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $24,974,819;
  • Articles of iron or steel (HS code 73) - an increase of $23,527,752;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $10,351,950;
  • Iron and steel (HS code 72) - an increase of $9,253,243.

The largest declines in Russia’s exports to South Korea in the 1st quarter of 2018 over the 1st quarter of 2017 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $487,802,587;
  • Cereals (HS code 10) - a decrease of $11,708,455.
Russia’s exports to South Korea in the 1st quarter of 2018 by product groups
HS
code
Name of product group Value of exports
in Q1 2018,
US dollars ($)
Percent share in total export Value of exports
in Q1 2017,
US dollars ($)
Percent change
in Q1 2018
over Q1 2017
02 Meat and edible meat offal 27,413 0.00 393,397-93.03
03 Fish and crustaceans, molluscs and other aquatic invertebrates 245,144,840 8.98 220,170,02111.34
05 Products of animal origin, not elsewhere specified or included 0 0.00 482,365-100.00
07 Edible vegetables and certain roots and tubers 23,837 0.00 92,105-74.12
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 15,000-100.00
09 Coffee, tea, maté and spices 52,431 0.00 2,7711,792.13
10 Cereals 35,409,146 1.30 47,117,601-24.85
11 Products of the milling industry; malt; starches; inulin; wheat gluten 4,865 0.00 13,980-65.20
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 7,818 0.00 134,239-94.18
13 Lac; gums, resins and other vegetable saps and extracts 102,972 0.00 389,567-73.57
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 89,375 0.00 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0 0.00 40,890-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 277,238 0.01 330,834-16.20
17 Sugars and sugar confectionery 0 0.00 54-100.00
18 Cocoa and cocoa preparations 61,992 0.00 82,902-25.22
19 Preparations of cereals, flour, starch or milk; bakers’ wares 35,135 0.00 1,4702,290.14
20 Preparations of vegetables, fruit, nuts or other parts of plants 19,132 0.00 11,69963.54
21 Miscellaneous edible preparations 500,102 0.02 2,299,887-78.26
22 Beverages, spirits and vinegar 241,983 0.01 39,550511.84
23 Residues and waste from the food industries; prepared animal feed 12,617,649 0.46 14,071,956-10.33
24 Tobacco and manufactured tobacco substitutes 670,808 0.02 4,749,187-85.88
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 24,976 0.00 10,190145.10
26 Ores, slag and ash 23,021,400 0.84 17,377,28632.48
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,964,506,500 71.96 2,452,309,087-19.89
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 2,397,354 0.09 2,638,272-9.13
29 Organic chemicals 3,884,238 0.14 2,522,62453.98
30 Pharmaceutical products 3,510,063 0.13 2,437,83643.98
31 Fertilizers 77,317 0.00 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,754,399 0.06 3,626,948-51.63
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 30,940-100.00
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 53,104 0.00 3,9691,237.97
35 Albuminoidal substances; modified starches; glues; enzymes 398 0.00 3,567-88.84
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0 0.00 6,120-100.00
38 Miscellaneous chemical products 248,019 0.01 151,23963.99
39 Plastics and articles thereof 5,739,772 0.21 2,198,783161.04
40 Rubber and articles thereof 2,741,509 0.10 5,674,721-51.69
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,730 0.00 289,650.00
43 Furskins and artificial fur; manufactures thereof 0 0.00 6,315-100.00
44 Wood and articles of wood; wood charcoal 28,621,427 1.05 23,122,35623.78
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 27,705,114 1.01 17,353,16459.65
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 3,776,152 0.14 2,105,02479.39
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 23,195 0.00 108,298-78.58
54 Man-made filaments 627,595 0.02 297,104111.24
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 358,513 0.01 332,7747.73
57 Carpets and other textile floor coverings 192 0.00 0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 857 0.00 328,466.67
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 718 0.00 906-20.75
61 Articles of apparel and clothing accessories, knitted or crocheted 31,959 0.00 13,592135.13
62 Articles of apparel and clothing accessories, not knitted or crocheted 18,930 0.00 14,25732.78
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 44,270 0.00 31,30641.41
64 Footwear, gaiters and the like; parts of such articles 57,974 0.00 48,76018.90
65 Headgear and parts thereof 416 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 102,887 0.00 16,027541.96
69 Ceramic products 350,088 0.01 120,081191.54
70 Glass and glassware 351,120 0.01 285,78622.86
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 48,584,344 1.78 48,278,1020.63
72 Iron and steel 76,516,476 2.80 67,263,23313.76
73 Articles of iron or steel 25,511,753 0.93 1,984,0011,185.87
74 Copper and articles thereof 10,247 0.00 44,302-76.87
75 Nickel and articles thereof 10,124 0.00 4,565121.77
76 Aluminum and articles thereof 169,640,523 6.21 92,190,98084.01
80 Tin and articles thereof 54,312 0.00 37,38345.29
81 Other base metals; cermets; articles thereof 1,758,150 0.06 3,091,781-43.13
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 44,381 0.00 481,469-90.78
83 Miscellaneous articles of base metal 0 0.00 8,989-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,635,089 0.10 5,021,013-47.52
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 4,453,155 0.16 3,141,75041.74
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 88,495 0.00 0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 104,310 0.00 197,329-47.14
89 Ships, boats and floating structures 30,394,431 1.11 30,294,7000.33
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,595,708 0.06 2,005,085-20.42
91 Clocks and watches and parts thereof 3,301 0.00 1641,912.80
92 Musical instruments; parts and accessories of such articles 610 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 234,469 0.01 146,63359.90
95 Toys, games and sports requisites; parts and accessories thereof 479,921 0.02 0
96 Miscellaneous manufactured articles 495 0.00 0
97 Works of art, collectors’ pieces and antiques 20,760 0.00 11018,772.73
SS Classified 2,609,204 0.10 3 437 129-24.09

Russia’s Imports from South Korea

The major share of Russian imports from South Korea in the 1st quarter of 2018 (and in the 1st quarter of 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 61.21% of Russia’s total imports from South Korea (66.77% in the 1st quarter of 2017);
  • Chemical products (HS codes 28-40) - 19.11% of Russia’s total imports from South Korea (15.81% in the 1st quarter of 2017);
  • Metals and products from them (HS codes 72-83) - 9.28% of Russia’s total imports from South Korea (8.06% in the 1st quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.22% of Russia’s total imports from South Korea (1.63% in the 1st quarter of 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.11% of Russia’s total imports from South Korea (2.03% in the 1st quarter of 2017);
  • Mineral products (HS codes 25-27) - 1.16% of Russia’s total imports from South Korea (0.91% in the 1st quarter of 2017).

The largest gains in Russia’s imports from South Korea in the 1st quarter of 2018 over the 1st quarter of 2017 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $98,059,874;
  • 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 $43,242,094;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $32,440,280;
  • Iron and steel (HS code 72) - an increase of $29,871,683;
  • Plastics and articles thereof (HS code 39) - an increase of $27,362,204;
  • Organic chemicals (HS code 29) - an increase of $24,906,473;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $12,679,314;
  • 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 $8,266,491;
  • Articles of iron or steel (HS code 73) - an increase of $7,165,279;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $5,296,912;
  • Miscellaneous edible preparations (HS code 21) - an increase of $5,159,823;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $4,806,291;
  • Man-made staple fibers (HS code 55) - an increase of $4,675,538.

The largest declines in Russia’s imports from South Korea in the 1st quarter of 2018 over the 1st quarter of 2017 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - a decrease of $146,154,638;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $11,254,532.
Russia’s imports from South Korea in the 1st quarter of 2018 by product groups
HS
code
Name of product group Value of imports in Q1 2018,
US dollars ($)
Percent share in total import Value of imports in Q1 2017,
US dollars ($)
Percent change
in Q1 2018
over Q1 2017
03 Fish and crustaceans, molluscs and other aquatic invertebrates 2,438,269 0.17 1,675,09645.56
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 6,073 0.00 7,682-20.95
07 Edible vegetables and certain roots and tubers 18,319 0.00 13,20438.74
08 Edible fruit and nuts; peel of citrus fruit or melons 222,745 0.02 173,22428.59
09 Coffee, tea, maté and spices 9,739 0.00 60,418-83.88
10 Cereals 35,358 0.00 42,262-16.34
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0 0.00 7,247-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2,226,042 0.15 500,946344.37
13 Lac; gums, resins and other vegetable saps and extracts 18,317 0.00 13,58534.83
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 148,672 0.01 36,192310.79
17 Sugars and sugar confectionery 212,826 0.01 121,82674.70
18 Cocoa and cocoa preparations 298,894 0.02 127,176135.02
19 Preparations of cereals, flour, starch or milk; bakers’ wares 4,888,702 0.33 2,393,257104.27
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,278,853 0.09 561,379127.81
21 Miscellaneous edible preparations 12,831,456 0.87 7,671,63367.26
22 Beverages, spirits and vinegar 4,408,789 0.30 2,893,57352.36
23 Residues and waste from the food industries; prepared animal feed 135,906 0.01 9,0001,410.07
24 Tobacco and manufactured tobacco substitutes 3,473,289 0.24 4,854,041-28.45
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 42,768 0.00 9,625344.34
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 17,084,546 1.16 11,787,63444.94
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 7,641,972 0.52 6,293,92721.42
29 Organic chemicals 35,232,848 2.39 10,326,375241.19
30 Pharmaceutical products 8,211,232 0.56 4,181,87496.35
31 Fertilizers 475 0.00 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5,352,064 0.36 4,103,77730.42
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 24,588,025 1.67 11,908,711106.47
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 6,672,777 0.45 4,329,97954.11
35 Albuminoidal substances; modified starches; glues; enzymes 1,328,499 0.09 1,504,280-11.69
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0 0.00 50-100.00
37 Photographic or cinematographic goods 95,745 0.01 88,2598.48
38 Miscellaneous chemical products 5,810,313 0.39 4,686,22923.99
39 Plastics and articles thereof 116,744,137 7.93 89,381,93330.61
40 Rubber and articles thereof 69,649,285 4.73 68,825,6561.20
41 Raw hides and skins (other than furskins) and leather 652,374 0.04 673,270-3.10
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,181,331 0.15 2,122,8572.75
43 Furskins and artificial fur; manufactures thereof 11,592 0.00 3,321249.05
44 Wood and articles of wood; wood charcoal 52,078 0.00 39,51031.81
45 Cork and articles of cork 4,509 0.00 4,586-1.68
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 330 0.00 18,526-98.22
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 11,927,340 0.81 8,064,12247.91
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 638,118 0.04 410,29755.53
50 Silk 419 0.00 0
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0 0.00 27,375-100.00
52 Cotton 436,463 0.03 494,838-11.80
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 3,684 0.00 82,595-95.54
54 Man-made filaments 1,980,628 0.13 3,536,823-44.00
55 Man-made staple fibers 11,005,411 0.75 6,329,87373.86
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 6,189,138 0.42 4,971,93524.48
57 Carpets and other textile floor coverings 30,659 0.00 57,857-47.01
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 248,999 0.02 443,458-43.85
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6,251,530 0.42 4,334,61444.22
60 Knitted or crocheted fabrics 1,788,181 0.12 1,935,365-7.60
61 Articles of apparel and clothing accessories, knitted or crocheted 498,257 0.03 1,249,103-60.11
62 Articles of apparel and clothing accessories, not knitted or crocheted 450,516 0.03 519,430-13.27
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,886,223 0.13 2,100,903-10.22
64 Footwear, gaiters and the like; parts of such articles 276,262 0.02 184,75249.53
65 Headgear and parts thereof 6,506 0.00 8,839-26.39
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 2,185 0.00 3,084-29.15
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 49,448 0.00 100,316-50.71
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,245,212 0.22 3,203,1341.31
69 Ceramic products 341,474 0.02 490,665-30.41
70 Glass and glassware 6,945,026 0.47 7,385,244-5.96
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 188,377 0.01 223,597-15.75
72 Iron and steel 75,339,181 5.12 45,467,49865.70
73 Articles of iron or steel 28,349,001 1.93 21,183,72233.82
74 Copper and articles thereof 1,094,646 0.07 751,56645.65
75 Nickel and articles thereof 16,355 0.00 2,164655.78
76 Aluminum and articles thereof 3,074,406 0.21 3,077,543-0.10
78 Lead and articles thereof 0 0.00 436-100.00
79 Zinc and articles thereof 685,670 0.05 448,82152.77
81 Other base metals; cermets; articles thereof 1,413,187 0.10 162,918767.42
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 9,265,016 0.63 20,519,548-54.85
83 Miscellaneous articles of base metal 17,292,946 1.17 13,266,16830.35
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 232,639,293 15.81 200,199,01316.20
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 197,957,057 13.45 154,714,96327.95
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 190,209 0.01 172,68010.15
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 426,407,793 28.97 328,347,91929.86
89 Ships, boats and floating structures 2,845,841 0.19 149,000,479-98.09
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 40,915,280 2.78 36,108,98913.31
91 Clocks and watches and parts thereof 282,378 0.02 373,479-24.39
92 Musical instruments; parts and accessories of such articles 197,839 0.01 138,46942.88
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 37,477,689 2.55 29,211,19828.30
95 Toys, games and sports requisites; parts and accessories thereof 1,090,202 0.07 545,60999.81
96 Miscellaneous manufactured articles 3,632,045 0.25 3,173,18714.46
SS Classified 3,363,705 0.23 6 396 469-47.41
Russian foreign trade statistics
Source: Federal Customs Service of Russia