Russian trade in goods with Ghana in Q4 2019
based on data from the Federal Customs Service of Russia
Russia’s Trade with Ghana
In the 4th quarter of 2019, Russia’s trade with Ghana was $45,510,568, down 17.40% ($9,584,830) from the 4th quarter of 2018.
Russia’s exports to Ghana in the 4th quarter of 2019 were $17,102,831, down 32.70% ($8,308,947) from the 4th quarter of 2018.
Russia’s imports from Ghana in the 4th quarter of 2019 were $28,407,737, down 4.30% ($1,275,883) from the 4th quarter of 2018.
Russia’s trade deficit with Ghana in the 4th quarter of 2019 was $11,304,906, a 164.64% increase ($7,033,064) over the 4th quarter of 2018.
Ghana was Russia’s 104th largest trading partner in the 4th quarter of 2019 (down from 102nd in the 4th quarter of 2018), accounting for 0.0253% of Russia’s total trade (down from 0.0295% in the 4th quarter of 2018).
Ghana was Russia’s 107th largest export market in the 4th quarter of 2019 (down from 106th in the 4th quarter of 2018), accounting for 0.0153% of Russia’s total exports (down from 0.0204% in the 4th quarter of 2018).
Ghana was Russia’s 85th largest supplier in the 4th quarter of 2019 (up from 86th in the 4th quarter of 2018), accounting for 0.0418% of Russia’s total imports (down from 0.0476% in the 4th quarter of 2018).
Russia’s Exports to Ghana
The major share of Russian exports to Ghana in the 4th quarter of 2019 (and in the 4th quarter of 2018) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 50.65% of Russia’s total exports to Ghana (6.30% in the 4th quarter of 2018);
- Food products and agricultural raw materials (HS codes 01-24) - 30.30% of Russia’s total exports to Ghana (71.03% in the 4th quarter of 2018);
- Wood and wood products (HS codes 44-49) - 13.34% of Russia’s total exports to Ghana (15.63% in the 4th quarter of 2018);
- Mineral products (HS codes 25-27) - 3.61% of Russia’s total exports to Ghana (2.37% in the 4th quarter of 2018);
- Machinery, equipment and vehicles (HS codes 84-90) - 1.87% of Russia’s total exports to Ghana (3.61% in the 4th quarter of 2018).
The largest gains in Russia’s exports to Ghana in the 4th quarter of 2019 over the 4th quarter of 2018 were recorded for the following product groups:
- Fertilizers (HS code 31) - an increase of $6,009,000;
- 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 $949,697;
- Meat and edible meat offal (HS code 02) - an increase of $238,686;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $203,416;
- Wood and articles of wood; wood charcoal (HS code 44) - an increase of $77,968;
- Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $77,907;
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $57,348.
The largest declines in Russia’s exports to Ghana in the 4th quarter of 2019 over the 4th quarter of 2018 were recorded for the following product groups:
- Cereals (HS code 10) - a decrease of $13,153,803;
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $1,767,709;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $663,277;
- Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - a decrease 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) - a decrease of $137,367.
| HS code |
Name of product group | Value of exports in Q4 2019, US dollars ($) |
Percent share in total export | Value of exports in Q4 2018, US dollars ($) |
Percent change in Q4 2019 over Q4 2018 |
|---|---|---|---|---|---|
| 02 | Meat and edible meat offal | 420,543 | 2.46 | 181,857 | 131.25 |
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 57,348 | 0.34 | 0 | ∞ |
| 07 | Edible vegetables and certain roots and tubers | 0 | 0.00 | 42,026 | -100.00 |
| 10 | Cereals | 4,672,034 | 27.32 | 17,825,837 | -73.79 |
| 21 | Miscellaneous edible preparations | 32,175 | 0.19 | 0 | ∞ |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 617,640 | 3.61 | 601,656 | 2.66 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 949,697 | 5.55 | 0 | ∞ |
| 29 | Organic chemicals | 94,366 | 0.55 | 70,477 | 33.90 |
| 31 | Fertilizers | 7,519,842 | 43.97 | 1,510,842 | 397.73 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 77,907 | 0.46 | 0 | ∞ |
| 38 | Miscellaneous chemical products | 1,518 | 0.01 | 0 | ∞ |
| 39 | Plastics and articles thereof | 6,554 | 0.04 | 6,768 | -3.16 |
| 40 | Rubber and articles thereof | 13,362 | 0.08 | 12,831 | 4.14 |
| 44 | Wood and articles of wood; wood charcoal | 82,928 | 0.48 | 4,960 | 1,571.94 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 2,198,295 | 12.85 | 3,966,004 | -44.57 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 0 | 0.00 | 239,452 | -100.00 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 2,034 | 0.01 | 682 | 198.24 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0 | 0.00 | 10 | -100.00 |
| 70 | Glass and glassware | 0 | 0.00 | 59 | -100.00 |
| 73 | Articles of iron or steel | 4,137 | 0.02 | 14,698 | -71.85 |
| 74 | Copper and articles thereof | 0 | 0.00 | 4 | -100.00 |
| 75 | Nickel and articles thereof | 1,789 | 0.01 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 176 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 235,384 | 1.38 | 31,968 | 636.31 |
| 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 | 8,325 | 0.05 | 145,692 | -94.29 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 76,217 | 0.45 | 739,494 | -89.69 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 410 | -100.00 |
| 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 | 30,736 | 0.18 | 15,875 | 93.61 |
Russia’s Imports from Ghana
The major share of Russian imports from Ghana in the 4th quarter of 2019 (and in the 4th quarter of 2018) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 99.30% of Russia’s total imports from Ghana (99.31% in the 4th quarter of 2018).
The largest gains in Russia’s imports from Ghana in the 4th quarter of 2019 over the 4th quarter of 2018 were recorded for the following product groups:
- Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $121,758.
The largest declines in Russia’s imports from Ghana in the 4th quarter of 2019 over the 4th quarter of 2018 were recorded for the following product groups:
- Cocoa and cocoa preparations (HS code 18) - a decrease of $1,289,634;
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $131,528.
| HS code |
Name of product group | Value of imports in Q4 2019, US dollars ($) |
Percent share in total import | Value of imports in Q4 2018, US dollars ($) |
Percent change in Q4 2019 over Q4 2018 |
|---|---|---|---|---|---|
| 06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 4,409 | 0.02 | 376 | 1,072.61 |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 91,986 | 0.32 | 83,254 | 10.49 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 7,061 | 0.02 | 187 | 3,675.94 |
| 18 | Cocoa and cocoa preparations | 28,104,380 | 98.93 | 29,394,014 | -4.39 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 566 | 0.00 | 684 | -17.25 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 0 | 0.00 | 215 | -100.00 |
| 29 | Organic chemicals | 0 | 0.00 | 166 | -100.00 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0 | 0.00 | 192 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 70,107 | 0.25 | 201,635 | -65.23 |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 124,655 | 0.44 | 2,897 | 4,202.90 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 513 | 0.00 | 0 | ∞ |
| 97 | Works of art, collectors’ pieces and antiques | 4,060 | 0.01 | 0 | ∞ |