Russian foreign trade
reports and reviews

Russian trade in goods with Ghana in Q4 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 Ghana in the fourth quarter of 2018: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 4th quarter of 2018, Russia’s trade with Ghana totaled $55,095,398, up 17.76% ($8,310,031) from the 4th quarter of 2017.

Russia’s exports to Ghana in the 4th quarter of 2018 totaled $25,411,778, up 4.54% ($1,103,127) from the 4th quarter of 2017.

Russia’s imports from Ghana in the 4th quarter of 2018 totaled $29,683,620, up 32.06% ($7,206,904) from the 4th quarter of 2017.

Russia’s trade balance with Ghana went from a surplus of $1,831,935 in the 4th quarter of 2017, to a deficit of $4,271,842 in the 4th quarter of 2018.

Ghana was Russia’s 102nd largest trading partner in the 4th quarter of 2018 (just as in the 4th quarter of 2017), accounting for 0.0295% of Russia’s total trade (up from 0.0280% in the 4th quarter of 2017).

Ghana was Russia’s 106th largest export market in the 4th quarter of 2018 (down from 105th in the 4th quarter of 2017), accounting for 0.0204% of Russia’s total exports (down from 0.0236% in the 4th quarter of 2017).

Ghana was Russia’s 86th largest supplier in the 4th quarter of 2018 (up from 88th in the 4th quarter of 2017), accounting for 0.0476% of Russia’s total imports (up from 0.0350% in the 4th quarter of 2017).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana in the 4th quarter of 2018 (and in the 4th quarter of 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 71.03% of Russia’s total exports to Ghana (73.88% in the 4th quarter of 2017);
  • Wood and wood products (HS codes 44-49) - 15.63% of Russia’s total exports to Ghana (5.16% in the 4th quarter of 2017);
  • Chemical products (HS codes 28-40) - 6.30% of Russia’s total exports to Ghana (13.42% in the 4th quarter of 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.61% of Russia’s total exports to Ghana (1.31% in the 4th quarter of 2017);
  • Mineral products (HS codes 25-27) - 2.37% of Russia’s total exports to Ghana (5.59% in the 4th quarter of 2017).

The largest gains in Russia’s exports to Ghana in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $2,733,111;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $683,108;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - an increase of $239,452;
  • 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 $145,692;
  • Meat and edible meat offal (HS code 02) - an increase of $77,179.

The largest declines in Russia’s exports to Ghana in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Fertilizers (HS code 31) - a decrease of $1,737,689;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $757,789;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $229,251;
  • Articles of iron or steel (HS code 73) - a decrease of $123,133.
Russia’s exports to Ghana in the 4th quarter of 2018 by product groups
HS
code
Name of product group Value of exports
in Q4 2018,
US dollars ($)
Percent share in total export Value of exports
in Q4 2017,
US dollars ($)
Percent change
in Q4 2018
over Q4 2017
02 Meat and edible meat offal 181,857 0.72 104,67873.73
07 Edible vegetables and certain roots and tubers 42,026 0.17 0
10 Cereals 17,825,837 70.15 17,855,300-0.17
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 601,656 2.37 1,359,445-55.74
29 Organic chemicals 70,477 0.28 0
31 Fertilizers 1,510,842 5.95 3,248,531-53.49
38 Miscellaneous chemical products 0 0.00 13,620-100.00
39 Plastics and articles thereof 6,768 0.03 753798.80
40 Rubber and articles thereof 12,831 0.05 1680,093.75
44 Wood and articles of wood; wood charcoal 4,960 0.02 20,932-76.30
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 3,966,004 15.61 1,232,893221.68
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 239,452 0.94 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 682 0.00 1,653-58.74
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 10 0.00 0
70 Glass and glassware 59 0.00 0
73 Articles of iron or steel 14,698 0.06 137,831-89.34
74 Copper and articles thereof 4 0.00 0
76 Aluminum and articles thereof 0 0.00 10,000-100.00
83 Miscellaneous articles of base metal 176 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 31,968 0.13 261,219-87.76
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 145,692 0.57 0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 739,494 2.91 56,3861,211.49
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 410 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 15,875 0.06 0
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 5,394-100.00

Russia’s Imports from Ghana

The major share of Russian imports from Ghana in the 4th quarter of 2018 (and in the 4th quarter of 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.31% of Russia’s total imports from Ghana (99.30% in the 4th quarter of 2017).

The largest gains in Russia’s imports from Ghana in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - an increase of $7,275,714.

The largest declines in Russia’s imports from Ghana in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s imports from Ghana in the 4th quarter of 2018 by product groups
HS
code
Name of product group Value of imports in Q4 2018,
US dollars ($)
Percent share in total import Value of imports in Q4 2017,
US dollars ($)
Percent change
in Q4 2018
over Q4 2017
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 376 0.00 397-5.29
08 Edible fruit and nuts; peel of citrus fruit or melons 83,254 0.28 151,583-45.08
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0 0.00 78-100.00
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0 0.00 46,874-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 187 0.00 3,130-94.03
18 Cocoa and cocoa preparations 29,394,014 99.02 22,118,30032.89
20 Preparations of vegetables, fruit, nuts or other parts of plants 684 0.00 0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 215 0.00 0
29 Organic chemicals 166 0.00 0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 192 0.00 0
44 Wood and articles of wood; wood charcoal 201,635 0.68 156,35428.96
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 2,897 0.01 0
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Russian foreign trade statistics
Source: Federal Customs Service of Russia