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RUSSIAN TRADE IN GOODS WITH ASIAN COUNTRIES IN Q1 2019

May 15, 2019
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The reports on Russia’s trade in goods with the countries of Asia in the 1st quarter of 2019: exports, imports, products, dynamics.

The major trading partners of Russia in Asia in the 1st quarter of 2019:

The top ten Russia’s trade partners in Asia in the 1st quarter of 2019 were China (15.8474% of Russia’s total foreign trade), South Korea (3.9562%), Turkey (3.8700%), Japan (2.9577%), Kazakhstan (2.5765%), India (1.3973%), Taiwan (0.7567%), Uzbekistan (0.6559%), Vietnam (0.6547%), and Singapore (0.5613%);

The top ten Russia’s export markets in Asia in the 1st quarter of 2019 were China (12.3904% of Russia’s total exports), Turkey (4.8164%), South Korea (4.1074%), Kazakhstan (2.6793%), Japan (2.5226%), India (1.3192%), Taiwan (0.7619%), Uzbekistan (0.7524%), Singapore (0.7455%), and Israel (0.4326%);

The top ten Russia’s import suppliers from Asia in the 1st quarter of 2019 were China (22.6503% of Russia’s total imports), Japan (3.8139%), South Korea (3.6587%), Kazakhstan (2.3744%), Turkey (2.0076%), Vietnam (1.6581%), India (1.5509%), Indonesia (0.7557%), Taiwan (0.7465%), and Thailand (0.7457%).

The most notable changes in Russia's trade with the countries of Asia in the 1st quarter of 2019 over the 1st quarter of 2018:

  • The share of Turkey in Russia’s total exports declined from 6.0205% in the 1st quarter of the 2018 to 4.8164% in the 1st quarter of the 2019;
  • The share of South Korea in Russia’s total exports rose from 2.6500% in the 1st quarter of the 2018 to 4.1074% in the 1st quarter of the 2019;
  • The share of Vietnam in Russia’s total exports declined 2.2-fold from 0.3156% in the 1st quarter of the 2018 to 0.1448% in the 1st quarter of the 2019;
  • The share of Pakistan in Russia’s total exports declined 3.7-fold from 0.2050% in the 1st quarter of the 2018 to 0.0561% in the 1st quarter of the 2019;
  • The share of Saudi Arabia in Russia’s total exports rose 2.4-fold from 0.1424% in the 1st quarter of the 2018 to 0.3469% in the 1st quarter of the 2019;
  • The share of South Korea in Russia’s total imports rose from 2.6953% in the 1st quarter of the 2018 to 3.6587% in the 1st quarter of the 2019.

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Russian foreign trade statistics
Source: Federal Customs Service of Russia