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Russian trade in goods with South Korea in Q1 2020

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with South Korea in the first quarter of 2020: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 1st quarter of 2020, Russia’s trade with South Korea was $4,955,564,370, down 20.43% ($1,272,539,286) from the 1st quarter of 2019.

Russia’s exports to South Korea in the 1st quarter of 2020 were $3,404,600,880, down 20.59% ($882,827,862) from the 1st quarter of 2019.

Russia’s imports from South Korea in the 1st quarter of 2020 were $1,550,963,490, down 20.08% ($389,711,424) from the 1st quarter of 2019.

Russia’s trade surplus with South Korea in the 1st quarter of 2020 was $1,853,637,390, a 21.01% decrease ($493,116,438) over the 1st quarter of 2019.

South Korea was Russia’s 8th largest trading partner in the 1st quarter of 2020 (down from 5th in the 1st quarter of 2019), accounting for 3.4864% of Russia’s total trade (down from 3.9562% in the 1st quarter of 2019).

South Korea was Russia’s 5th largest export market in the 1st quarter of 2020 (up from 6th in the 1st quarter of 2019), accounting for 3.8262% of Russia’s total exports (down from 4.1074% in the 1st quarter of 2019).

South Korea was Russia’s 8th largest supplier in the 1st quarter of 2020 (down from 7th in the 1st quarter of 2019), accounting for 2.9176% of Russia’s total imports (down from 3.6587% in the 1st quarter of 2019).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea in the 1st quarter of 2020 (and in the 1st quarter of 2019) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 82.55% of Russia’s total exports to South Korea (86.58% in the 1st quarter of 2019);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.34% of Russia’s total exports to South Korea (7.05% in the 1st quarter of 2019);
  • Metals and products from them (HS codes 72-83) - 4.37% of Russia’s total exports to South Korea (3.35% in the 1st quarter of 2019);
  • Wood and wood products (HS codes 44-49) - 1.39% of Russia’s total exports to South Korea (1.26% in the 1st quarter of 2019).

The largest gains in Russia’s exports to South Korea in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $14,442,364;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $11,957,594.

The largest declines in Russia’s exports to South Korea in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $902,698,891;
  • 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) - a decrease of $20,853,534.
Russia’s exports to South Korea in the 1st quarter of 2020 by product groups
HS
code
Name of product group Value of exports
in Q1 2020,
US dollars ($)
Percent share in total export Value of exports
in Q1 2019,
US dollars ($)
Percent change
in Q1 2020
over Q1 2019
02 Meat and edible meat offal 24,374 0.00 4,738414.44
03 Fish and crustaceans, molluscs and other aquatic invertebrates 285,310,015 8.38 285,294,7140.01
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 6,497 0.00 6,557-0.92
05 Products of animal origin, not elsewhere specified or included 1,518,207 0.04 2,113,694-28.17
07 Edible vegetables and certain roots and tubers 862 0.00 16,503-94.78
08 Edible fruit and nuts; peel of citrus fruit or melons 12,350 0.00 9,20034.24
09 Coffee, tea, maté and spices 100,342 0.00 59,87667.58
10 Cereals 16,917,885 0.50 2,475,521583.41
11 Products of the milling industry; malt; starches; inulin; wheat gluten 270,885 0.01 151,64978.63
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2,043,520 0.06 64,9513,046.25
13 Lac; gums, resins and other vegetable saps and extracts 0 0.00 169,749-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,254,879 0.04 288,527334.93
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0 0.00 118,496-100.00
17 Sugars and sugar confectionery 36,833 0.00 23515,573.62
18 Cocoa and cocoa preparations 119,084 0.00 59,019101.77
19 Preparations of cereals, flour, starch or milk; bakers’ wares 40,637 0.00 57,544-29.38
20 Preparations of vegetables, fruit, nuts or other parts of plants 60,052 0.00 62,586-4.05
21 Miscellaneous edible preparations 508,548 0.01 750,294-32.22
22 Beverages, spirits and vinegar 190,562 0.01 66,820185.19
23 Residues and waste from the food industries; prepared animal feed 9,476,656 0.28 10,576,638-10.40
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 196 0.00 72,358-99.73
26 Ores, slag and ash 17,340,811 0.51 15,901,4809.05
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,793,213,357 82.04 3,695,912,248-24.42
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 12,466,951 0.37 4,159,375199.73
29 Organic chemicals 6,776,173 0.20 3,965,24670.89
30 Pharmaceutical products 1,322,172 0.04 4,315,056-69.36
31 Fertilizers 3,013,073 0.09 1,730,92874.07
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,085,847 0.03 1,621,147-33.02
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 83,530 0.00 79,2605.39
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 12,093 0.00 27,566-56.13
35 Albuminoidal substances; modified starches; glues; enzymes 190 0.00 1805.56
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0 0.00 21,350-100.00
38 Miscellaneous chemical products 216,160 0.01 210,1112.88
39 Plastics and articles thereof 3,039,746 0.09 3,125,004-2.73
40 Rubber and articles thereof 3,000,990 0.09 3,367,719-10.89
41 Raw hides and skins (other than furskins) and leather 6 0.00 0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 970 0.00 72533.79
43 Furskins and artificial fur; manufactures thereof 0 0.00 4,480-100.00
44 Wood and articles of wood; wood charcoal 25,556,105 0.75 26,449,528-3.38
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 18,803,332 0.55 24,193,524-22.28
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,787,224 0.05 3,242,295-44.88
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,195,234 0.04 2,55846,625.33
52 Cotton 38 0.00 365.56
54 Man-made filaments 17 0.00 166.25
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 449,794 0.01 467,986-3.89
57 Carpets and other textile floor coverings 0 0.00 60-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 463 0.00 106336.79
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0 0.00 58-100.00
60 Knitted or crocheted fabrics 108 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 82,751 0.00 26,707209.85
62 Articles of apparel and clothing accessories, not knitted or crocheted 17,350 0.00 34,981-50.40
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 32,901 0.00 58,005-43.28
64 Footwear, gaiters and the like; parts of such articles 123,414 0.00 111,40010.78
65 Headgear and parts thereof 69 0.00 324-78.70
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 32,227 0.00 29,6928.54
69 Ceramic products 4,214 0.00 197,618-97.87
70 Glass and glassware 305,726 0.01 310,761-1.62
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 21,225,973 0.62 42,079,507-49.56
72 Iron and steel 71,174,723 2.09 73,611,953-3.31
73 Articles of iron or steel 5,810,948 0.17 2,047,803183.76
74 Copper and articles thereof 82,388 0.00 1,2796,341.59
75 Nickel and articles thereof 36,553 0.00 17,390110.20
76 Aluminum and articles thereof 69,156,076 2.03 65,397,6895.75
80 Tin and articles thereof 54,206 0.00 54,759-1.01
81 Other base metals; cermets; articles thereof 2,497,015 0.07 2,620,985-4.73
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 33,001 0.00 19916,483.42
83 Miscellaneous articles of base metal 69 0.00 3,713-98.14
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 13,212,138 0.39 1,254,544953.14
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 4,576,175 0.13 2,818,14262.38
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 380,690 0.01 201,97388.49
89 Ships, boats and floating structures 2,070,339 0.06 1,419,31645.87
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,257,799 0.07 1,495,41050.98
91 Clocks and watches and parts thereof 7,104 0.00 1,579349.91
92 Musical instruments; parts and accessories of such articles 7,895 0.00 1,300507.31
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 248,575 0.01 41,647496.86
95 Toys, games and sports requisites; parts and accessories thereof 766,927 0.02 175,565336.83
96 Miscellaneous manufactured articles 5,510 0.00 3261,590.18
97 Works of art, collectors’ pieces and antiques 0 0.00 5,500-100.00
SS Classified 3,141,356 0.09 2 190 96443.38

Russia’s Imports from South Korea

The major share of Russian imports from South Korea in the 1st quarter of 2020 (and in the 1st quarter of 2019) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 63.46% of Russia’s total imports from South Korea (70.29% in the 1st quarter of 2019);
  • Chemical products (HS codes 28-40) - 18.27% of Russia’s total imports from South Korea (14.95% in the 1st quarter of 2019);
  • Metals and products from them (HS codes 72-83) - 7.71% of Russia’s total imports from South Korea (6.37% in the 1st quarter of 2019);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.39% of Russia’s total imports from South Korea (1.61% in the 1st quarter of 2019);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.36% of Russia’s total imports from South Korea (1.45% in the 1st quarter of 2019);
  • Mineral products (HS codes 25-27) - 1.04% of Russia’s total imports from South Korea (0.78% in the 1st quarter of 2019).

The largest gains in Russia’s imports from South Korea in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $51,268,279;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $10,100,690;
  • Iron and steel (HS code 72) - an increase of $7,847,870;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $7,290,574;
  • Rubber and articles thereof (HS code 40) - an increase of $6,445,676;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - an increase of $6,018,155;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $5,785,281.

The largest declines in Russia’s imports from South Korea in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - a decrease of $314,363,347;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $125,518,027;
  • Articles of iron or steel (HS code 73) - a decrease of $22,065,732;
  • Organic chemicals (HS code 29) - a decrease of $14,162,608;
  • 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 (HS code 94) - a decrease of $9,541,338;
  • Plastics and articles thereof (HS code 39) - a decrease of $4,828,577.
Russia’s imports from South Korea in the 1st quarter of 2020 by product groups
HS
code
Name of product group Value of imports in Q1 2020,
US dollars ($)
Percent share in total import Value of imports in Q1 2019,
US dollars ($)
Percent change
in Q1 2020
over Q1 2019
03 Fish and crustaceans, molluscs and other aquatic invertebrates 4,027,226 0.26 1,271,513216.73
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 9,928 0.00 6,31557.21
07 Edible vegetables and certain roots and tubers 65,845 0.00 26,831145.41
08 Edible fruit and nuts; peel of citrus fruit or melons 163,645 0.01 174,826-6.40
09 Coffee, tea, maté and spices 9,912 0.00 22,523-55.99
10 Cereals 38,368 0.00 39,515-2.90
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0 0.00 11,600-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 4,099,308 0.26 1,944,530110.81
13 Lac; gums, resins and other vegetable saps and extracts 10,342 0.00 39,539-73.84
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 316,402 0.02 108,519191.56
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 122,129 0.01 167,885-27.25
17 Sugars and sugar confectionery 289,344 0.02 277,7884.16
18 Cocoa and cocoa preparations 243,094 0.02 340,552-28.62
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,751,589 0.18 3,664,631-24.91
20 Preparations of vegetables, fruit, nuts or other parts of plants 5,060,366 0.33 1,761,878187.21
21 Miscellaneous edible preparations 10,824,973 0.70 10,909,532-0.78
22 Beverages, spirits and vinegar 5,302,050 0.34 6,495,271-18.37
23 Residues and waste from the food industries; prepared animal feed 0 0.00 93,561-100.00
24 Tobacco and manufactured tobacco substitutes 3,274,341 0.21 802,506308.01
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 228,369 0.01 3,2097,016.52
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 15,943,863 1.03 15,088,2905.67
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 3,162,953 0.20 5,257,328-39.84
29 Organic chemicals 23,796,273 1.53 37,958,881-37.31
30 Pharmaceutical products 4,810,884 0.31 7,359,259-34.63
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 6,490,528 0.42 5,642,19015.04
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 48,601,618 3.13 41,311,04417.65
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 7,537,482 0.49 6,908,2429.11
35 Albuminoidal substances; modified starches; glues; enzymes 2,015,896 0.13 1,877,2067.39
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 303 0.00 0
37 Photographic or cinematographic goods 540,151 0.03 365,44647.81
38 Miscellaneous chemical products 7,787,822 0.50 6,374,71922.17
39 Plastics and articles thereof 120,198,088 7.75 125,026,665-3.86
40 Rubber and articles thereof 58,451,474 3.77 52,005,79812.39
41 Raw hides and skins (other than furskins) and leather 703,312 0.05 595,89718.03
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,951,202 0.13 2,005,990-2.73
43 Furskins and artificial fur; manufactures thereof 8,681 0.00 1,255591.71
44 Wood and articles of wood; wood charcoal 95,735 0.01 117,893-18.80
45 Cork and articles of cork 657 0.00 899-26.92
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 110 0.00 0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0 0.00 295,529-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 14,666,089 0.95 17,519,991-16.29
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 604,599 0.04 954,601-36.66
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 25,412 0.00 8,893185.75
52 Cotton 490,228 0.03 275,52577.93
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 9,408 0.00 1247,487.10
54 Man-made filaments 3,349,741 0.22 2,932,35814.23
55 Man-made staple fibers 8,369,666 0.54 9,424,704-11.19
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 12,674,248 0.82 6,656,09390.42
57 Carpets and other textile floor coverings 24,478 0.00 56,379-56.58
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 289,954 0.02 292,503-0.87
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6,822,464 0.44 6,786,4440.53
60 Knitted or crocheted fabrics 1,951,271 0.13 1,915,6531.86
61 Articles of apparel and clothing accessories, knitted or crocheted 234,650 0.02 424,706-44.75
62 Articles of apparel and clothing accessories, not knitted or crocheted 483,386 0.03 320,34250.90
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,111,641 0.14 1,745,47520.98
64 Footwear, gaiters and the like; parts of such articles 95,766 0.01 218,204-56.11
65 Headgear and parts thereof 88,522 0.01 84,8884.28
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 900 0.00 2,028-55.62
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 81,361 0.01 54,38249.61
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4,383,357 0.28 2,965,22247.83
69 Ceramic products 214,401 0.01 407,842-47.43
70 Glass and glassware 4,980,618 0.32 5,864,012-15.06
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 394,318 0.03 151,285160.65
72 Iron and steel 51,888,088 3.35 44,040,21817.82
73 Articles of iron or steel 26,647,913 1.72 48,713,645-45.30
74 Copper and articles thereof 897,292 0.06 665,37634.85
75 Nickel and articles thereof 114,525 0.01 57,42099.45
76 Aluminum and articles thereof 1,940,046 0.13 1,880,7543.15
78 Lead and articles thereof 45 0.00 904-95.02
79 Zinc and articles thereof 254,642 0.02 327,567-22.26
80 Tin and articles thereof 31,471 0.00 8935,260.67
81 Other base metals; cermets; articles thereof 1,282,636 0.08 113,8771,026.33
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 16,854,596 1.09 11,069,31552.26
83 Miscellaneous articles of base metal 19,692,860 1.27 16,779,62917.36
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 285,430,936 18.40 234,162,65721.89
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 212,180,621 13.68 213,398,383-0.57
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 195,975 0.01 223,630-12.37
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 411,639,690 26.54 537,157,717-23.37
89 Ships, boats and floating structures 16,621,268 1.07 330,984,615-94.98
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 58,249,137 3.76 48,148,44720.98
91 Clocks and watches and parts thereof 164,928 0.01 242,846-32.09
92 Musical instruments; parts and accessories of such articles 22,824 0.00 50,694-54.98
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 37,422,770 2.41 46,964,108-20.32
95 Toys, games and sports requisites; parts and accessories thereof 1,698,777 0.11 1,454,94916.76
96 Miscellaneous manufactured articles 5,170,985 0.33 4,026,17528.43
SS Classified 1,280,724 0.08 4 795 190-73.29
Russian foreign trade statistics
Source: Federal Customs Service of Russia