Russian foreign trade
reports and reviews

Russian trade in goods with Ghana in Q3 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 Ghana in the third quarter of 2019: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 3rd quarter of 2019, Russia’s trade with Ghana totaled $69,983,304, up 13.61% ($8,382,435) from the 3rd quarter of 2018.

Russia’s exports to Ghana in the 3rd quarter of 2019 totaled $49,495,397, up 23.56% ($9,437,659) from the 3rd quarter of 2018.

Russia’s imports from Ghana in the 3rd quarter of 2019 were $20,487,907, down 4.90% ($1,055,224) from the 3rd quarter of 2018.

Russia’s trade surplus with Ghana in the 3rd quarter of 2019 was $29,007,490, a 56.67% increase ($10,492,883) over the 3rd quarter of 2018.

Ghana was Russia’s 95th largest trading partner in the 3rd quarter of 2019 (up from 98th in the 3rd quarter of 2018), accounting for 0.0422% of Russia’s total trade (up from 0.0358% in the 3rd quarter of 2018).

Ghana was Russia’s 90th largest export market in the 3rd quarter of 2019 (up from 96th in the 3rd quarter of 2018), accounting for 0.0479% of Russia’s total exports (up from 0.0357% in the 3rd quarter of 2018).

Ghana was Russia’s 87th largest supplier in the 3rd quarter of 2019 (just as in the 3rd quarter of 2018), accounting for 0.0328% of Russia’s total imports (down from 0.0360% in the 3rd quarter of 2018).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana in the 3rd quarter of 2019 (and in the 3rd quarter of 2018) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 40.81% of Russia’s total exports to Ghana (47.00% in the 3rd quarter of 2018);
  • Mineral products (HS codes 25-27) - 36.76% of Russia’s total exports to Ghana (2.48% in the 3rd quarter of 2018);
  • Chemical products (HS codes 28-40) - 19.63% of Russia’s total exports to Ghana (44.31% in the 3rd quarter of 2018);
  • Wood and wood products (HS codes 44-49) - 2.13% of Russia’s total exports to Ghana (5.93% in the 3rd quarter of 2018).

The largest gains in Russia’s exports to Ghana in the 3rd quarter of 2019 over the 3rd quarter of 2018 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 $17,202,686;
  • Cereals (HS code 10) - an increase of $1,257,800;
  • 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 $577,626;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - an increase of $181,899.

The largest declines in Russia’s exports to Ghana in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • Fertilizers (HS code 31) - a decrease of $8,839,596;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $1,347,716.
Russia’s exports to Ghana in the 3rd quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q3 2019,
US dollars ($)
Percent share in total export Value of exports
in Q3 2018,
US dollars ($)
Percent change
in Q3 2019
over Q3 2018
02 Meat and edible meat offal 331,424 0.67 198,94766.59
10 Cereals 19,865,345 40.14 18,607,5456.76
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0 0.00 19,769-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 18,194,979 36.76 992,2931,733.63
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 577,626 1.17 0
29 Organic chemicals 121,242 0.24 48,400150.50
31 Fertilizers 8,853,933 17.89 17,693,529-49.96
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 120,707 0.24 0
38 Miscellaneous chemical products 21,982 0.04 3,654501.59
39 Plastics and articles thereof 22,348 0.05 4,342414.69
40 Rubber and articles thereof 84 0.00 0
44 Wood and articles of wood; wood charcoal 53,734 0.11 28,65887.50
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 998,264 2.02 2,345,980-57.45
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 181,899 0.37 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 982 0.00 1,686-41.76
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 2,589 0.01 0
70 Glass and glassware 134 0.00 324-58.64
73 Articles of iron or steel 15,205 0.03 1,946681.35
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,180 0.00 0
83 Miscellaneous articles of base metal 0 0.00 335-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 74,275 0.15 53,57138.65
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 6,031 0.01 4,09747.21
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 723 0.00 2,732-73.54
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 25,506 0.05 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 25,205 0.05 49,064-48.63
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 866-100.00

Russia’s Imports from Ghana

The major share of Russian imports from Ghana in the 3rd quarter of 2019 (and in the 3rd quarter of 2018) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.49% of Russia’s total imports from Ghana (99.38% in the 3rd quarter of 2018).

The largest gains in Russia’s imports from Ghana in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • Vegetable plaiting materials; vegetable products not elsewhere specified or included (HS code 14) - an increase of $85,998.

The largest declines in Russia’s imports from Ghana in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - a decrease of $1,153,543.
Russia’s imports from Ghana in the 3rd quarter of 2019 by product groups
HS
code
Name of product group Value of imports in Q3 2019,
US dollars ($)
Percent share in total import Value of imports in Q3 2018,
US dollars ($)
Percent change
in Q3 2019
over Q3 2018
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 6,705 0.03 2,050227.07
08 Edible fruit and nuts; peel of citrus fruit or melons 55,984 0.27 35,79356.41
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 85,998 0.42 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 15,770 0.08 0
18 Cocoa and cocoa preparations 20,218,603 98.69 21,372,146-5.40
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 330 0.00 0
40 Rubber and articles thereof 0 0.00 227-100.00
44 Wood and articles of wood; wood charcoal 103,437 0.50 126,587-18.29
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,080 0.01 0
73 Articles of iron or steel 0 0.00 173-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 4,752-100.00
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 1,403-100.00
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Russian foreign trade statistics
Source: Federal Customs Service of Russia