Russian foreign trade
reports and reviews

Russian trade in goods with Venezuela in Q2 2019

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Venezuela in the second quarter of 2019: exports, imports, products, dynamics.

Russia’s Trade with Venezuela

In the 2nd quarter of 2019, Russia’s trade with Venezuela was $18,733,870, down 42.38% ($13,780,262) from the 2nd quarter of 2018.

Russia’s exports to Venezuela in the 2nd quarter of 2019 were $18,667,585, down 42.10% ($13,574,242) from the 2nd quarter of 2018.

Russia’s imports from Venezuela in the 2nd quarter of 2019 were $66,285, down 75.66% ($206,020) from the 2nd quarter of 2018.

Russia’s trade surplus with Venezuela in the 2nd quarter of 2019 was $18,601,300, a 41.82% decrease ($13,368,222) over the 2nd quarter of 2018.

Venezuela was Russia’s 121st largest trading partner in the 2nd quarter of 2019 (down from 111th in the 2nd quarter of 2018), accounting for 0.0117% of Russia’s total trade (down from 0.0190% in the 2nd quarter of 2018).

Venezuela was Russia’s 104th largest export market in the 2nd quarter of 2019 (down from 97th in the 2nd quarter of 2018), accounting for 0.0185% of Russia’s total exports (down from 0.0293% in the 2nd quarter of 2018).

Venezuela was Russia’s 157th largest supplier in the 2nd quarter of 2019 (down from 142nd in the 2nd quarter of 2018), accounting for 0.0001% of Russia’s total imports (down from 0.0004% in the 2nd quarter of 2018).

Russia’s Exports to Venezuela

The major share of Russian exports to Venezuela in the 2nd quarter of 2019 (and in the 2nd quarter of 2018) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 92.05% of Russia’s total exports to Venezuela (87.62% in the 2nd quarter of 2018);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.66% of Russia’s total exports to Venezuela (3.61% in the 2nd quarter of 2018);
  • Mineral products (HS codes 25-27) - 1.69% of Russia’s total exports to Venezuela (1.30% in the 2nd quarter of 2018);
  • Chemical products (HS codes 28-40) - 0.88% of Russia’s total exports to Venezuela (6.51% in the 2nd quarter of 2018).

The largest gains in Russia’s exports to Venezuela in the 2nd quarter of 2019 over the 2nd quarter of 2018 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 $111,971;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $78,491.

The largest declines in Russia’s exports to Venezuela in the 2nd quarter of 2019 over the 2nd quarter of 2018 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $11,145,723;
  • Fertilizers (HS code 31) - a decrease of $1,972,384;
  • 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) - a decrease of $242,917;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $228,059;
  • Articles of iron or steel (HS code 73) - a decrease of $129,176;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $103,980.
Russia’s exports to Venezuela in the 2nd quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q2 2019,
US dollars ($)
Percent share in total export Value of exports
in Q2 2018,
US dollars ($)
Percent change
in Q2 2019
over Q2 2018
10 Cereals 17,104,758 91.63 28,250,481-39.45
19 Preparations of cereals, flour, starch or milk; bakers’ wares 78,491 0.42 0
22 Beverages, spirits and vinegar 0 0.00 366-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 314,750 1.69 418,730-24.83
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 48,786 0.26 0
29 Organic chemicals 24,550 0.13 0
31 Fertilizers 0 0.00 1,972,384-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0 0.00 39-100.00
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 0 0.00 27,868-100.00
35 Albuminoidal substances; modified starches; glues; enzymes 0 0.00 479-100.00
38 Miscellaneous chemical products 7,876 0.04 2,189259.80
39 Plastics and articles thereof 64,304 0.34 96,444-33.33
40 Rubber and articles thereof 18,280 0.10 11615,658.62
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0 0.00 280-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 111,971 0.60 0
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0 0.00 23-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0 0.00 59-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0 0.00 616-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 0 0.00 170-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0 0.00 481-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0 0.00 383-100.00
64 Footwear, gaiters and the like; parts of such articles 0 0.00 1,220-100.00
65 Headgear and parts thereof 0 0.00 168-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 565-100.00
72 Iron and steel 19,574 0.10 12,38957.99
73 Articles of iron or steel 136,229 0.73 265,405-48.67
74 Copper and articles thereof 106 0.00 26307.69
75 Nickel and articles thereof 169 0.00 0
76 Aluminum and articles thereof 0 0.00 150-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0 0.00 3,362-100.00
83 Miscellaneous articles of base metal 0 0.00 8,750-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 370,063 1.98 598,122-38.13
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 167,486 0.90 410,403-59.19
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 35,704-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 146,467 0.78 119,55222.51
96 Miscellaneous manufactured articles 0 0.00 3,558-100.00
SS Classified 53,725 0.29 11 345373.56

Russia’s Imports from Venezuela

The major share of Russian imports from Venezuela in the 2nd quarter of 2019 (and in the 2nd quarter of 2018) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 62.37% of Russia’s total imports from Venezuela (85.10% in the 2nd quarter of 2018);
  • Chemical products (HS codes 28-40) - 2.16% of Russia’s total imports from Venezuela (0.18% in the 2nd quarter of 2018);
  • Metals and products from them (HS codes 72-83) - 2.00% of Russia’s total imports from Venezuela (0.53% in the 2nd quarter of 2018).

The largest gains in Russia’s imports from Venezuela in the 2nd quarter of 2019 over the 2nd quarter of 2018 were recorded for the following product groups:

  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $17,081;
  • Rubber and articles thereof (HS code 40) - an increase of $1,182;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $414.

The largest declines in Russia’s imports from Venezuela in the 2nd quarter of 2019 over the 2nd quarter of 2018 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $206,526;
  • Raw hides and skins (other than furskins) and leather (HS code 41) - a decrease of $13,850;
  • 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 $1,938;
  • Cocoa and cocoa preparations (HS code 18) - a decrease of $1,366;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $486.
Russia’s imports from Venezuela in the 2nd quarter of 2019 by product groups
HS
code
Name of product group Value of imports in Q2 2019,
US dollars ($)
Percent share in total import Value of imports in Q2 2018,
US dollars ($)
Percent change
in Q2 2019
over Q2 2018
08 Edible fruit and nuts; peel of citrus fruit or melons 17,081 25.77 0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 414 0.62 0
18 Cocoa and cocoa preparations 15,295 23.07 16,661-8.20
22 Beverages, spirits and vinegar 8,550 12.90 215,076-96.02
29 Organic chemicals 0 0.00 121-100.00
39 Plastics and articles thereof 0 0.00 126-100.00
40 Rubber and articles thereof 1,433 2.16 251470.92
41 Raw hides and skins (other than furskins) and leather 22,100 33.34 35,950-38.53
70 Glass and glassware 0 0.00 47-100.00
73 Articles of iron or steel 1,166 1.76 1,290-9.61
74 Copper and articles thereof 157 0.24 1439.79
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 89 0.13 5561.82
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 0 0.00 161-100.00
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 1,938-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 486-100.00
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Russian foreign trade statistics
Source: Federal Customs Service of Russia