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Russian trade in goods with South Korea in Q2 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 second quarter of 2020: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 2nd quarter of 2020, Russia’s trade with South Korea was $4,337,871,007, down 33.34% ($2,170,030,436) from the 2nd quarter of 2019.

Russia’s exports to South Korea in the 2nd quarter of 2020 were $2,897,050,683, down 34.64% ($1,535,429,465) from the 2nd quarter of 2019.

Russia’s imports from South Korea in the 2nd quarter of 2020 were $1,440,820,324, down 30.58% ($634,600,971) from the 2nd quarter of 2019.

Russia’s trade surplus with South Korea in the 2nd quarter of 2020 was $1,456,230,359, a 38.22% decrease ($900,828,494) over the 2nd quarter of 2019.

South Korea was Russia’s 7th largest trading partner in the 2nd quarter of 2020 (down from 6th in the 2nd quarter of 2019), accounting for 3.5554% of Russia’s total trade (down from 4.0652% in the 2nd quarter of 2019).

South Korea was Russia’s 8th largest export market in the 2nd quarter of 2020 (down from 6th in the 2nd quarter of 2019), accounting for 4.1435% of Russia’s total exports (down from 4.3989% in the 2nd quarter of 2019).

South Korea was Russia’s 8th largest supplier in the 2nd quarter of 2020 (down from 7th in the 2nd quarter of 2019), accounting for 2.7661% of Russia’s total imports (down from 3.4984% in the 2nd quarter of 2019).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea in the 2nd quarter of 2020 (and in the 2nd quarter of 2019) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 76.86% of Russia’s total exports to South Korea (81.54% in the 2nd quarter of 2019);
  • Food products and agricultural raw materials (HS codes 01-24) - 13.57% of Russia’s total exports to South Korea (9.61% in the 2nd quarter of 2019);
  • Metals and products from them (HS codes 72-83) - 4.29% of Russia’s total exports to South Korea (4.13% in the 2nd quarter of 2019);
  • Wood and wood products (HS codes 44-49) - 1.99% of Russia’s total exports to South Korea (1.16% in the 2nd quarter of 2019);
  • Precious metals and stones (HS code 71) - 1.82% of Russia’s total exports to South Korea (0.91% in the 2nd quarter of 2019);
  • Chemical products (HS codes 28-40) - 1.01% of Russia’s total exports to South Korea (0.75% in the 2nd quarter of 2019);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.30% of Russia’s total exports to South Korea (1.79% in the 2nd quarter of 2019).

The largest gains in Russia’s exports to South Korea in the 2nd quarter of 2020 over the 2nd quarter of 2019 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 $12,520,279.

The largest declines in Russia’s exports to South Korea in the 2nd quarter of 2020 over the 2nd 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 $1,378,383,863;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $66,627,261;
  • Iron and steel (HS code 72) - a decrease of $51,445,796;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $33,640,846;
  • Articles of iron or steel (HS code 73) - a decrease of $11,551,630;
  • Ores, slag and ash (HS code 26) - a decrease of $9,082,809.
Russia’s exports to South Korea in the 2nd quarter of 2020 by product groups
HS
code
Name of product group Value of exports
in Q2 2020,
US dollars ($)
Percent share in total export Value of exports
in Q2 2019,
US dollars ($)
Percent change
in Q2 2020
over Q2 2019
01 Live animals 42,701 0.00 0
02 Meat and edible meat offal 10,518 0.00 16,214-35.13
03 Fish and crustaceans, molluscs and other aquatic invertebrates 381,647,198 13.17 415,288,044-8.10
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 8,622 0.00 2,368264.10
05 Products of animal origin, not elsewhere specified or included 500,759 0.02 2,658,002-81.16
07 Edible vegetables and certain roots and tubers 5,668 0.00 4,48026.52
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 5,400-100.00
09 Coffee, tea, maté and spices 74,656 0.00 33,941119.96
10 Cereals 1,612,387 0.06 543,478196.68
11 Products of the milling industry; malt; starches; inulin; wheat gluten 253,308 0.01 52,389383.51
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 109,296 0.00 736,726-85.16
13 Lac; gums, resins and other vegetable saps and extracts 47,255 0.00 128,537-63.24
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,634,974 0.06 159,977922.01
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 19,034 0.00 22,818-16.58
17 Sugars and sugar confectionery 2,638 0.00 11,787-77.62
18 Cocoa and cocoa preparations 163,963 0.01 60,131172.68
19 Preparations of cereals, flour, starch or milk; bakers’ wares 79,324 0.00 30,582159.38
20 Preparations of vegetables, fruit, nuts or other parts of plants 116,423 0.00 87,56932.95
21 Miscellaneous edible preparations 182,748 0.01 343,377-46.78
22 Beverages, spirits and vinegar 280,729 0.01 239,83617.05
23 Residues and waste from the food industries; prepared animal feed 6,394,974 0.22 5,418,07318.03
24 Tobacco and manufactured tobacco substitutes 0 0.00 12,669-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 15,813 0.00 28,518-44.55
26 Ores, slag and ash 6,631,128 0.23 15,713,937-57.80
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,219,917,835 76.63 3,598,301,698-38.31
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 11,798,526 0.41 13,189,154-10.54
29 Organic chemicals 6,347,369 0.22 5,582,51013.70
30 Pharmaceutical products 2,212,762 0.08 3,322,362-33.40
31 Fertilizers 1,389,488 0.05 22,9205,962.34
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,695,499 0.06 1,608,8085.39
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 107,599 0.00 44,448142.08
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 26,416 0.00 16,25262.54
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 88,854 0.00 46,58390.74
38 Miscellaneous chemical products 547,694 0.02 384,17842.56
39 Plastics and articles thereof 3,496,890 0.12 3,765,861-7.14
40 Rubber and articles thereof 1,672,373 0.06 5,187,658-67.76
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 361 0.00 1,339-73.04
44 Wood and articles of wood; wood charcoal 33,678,461 1.16 29,089,71915.77
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 20,456,557 0.71 18,570,60910.16
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,388,882 0.08 2,647,184-9.76
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,168,516 0.04 1,179,287-0.91
54 Man-made filaments 0 0.00 43,075-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,630,678 0.06 1,061,99753.55
57 Carpets and other textile floor coverings 0 0.00 177-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 59 0.00 2,577-97.71
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 29 0.00 1,344-97.84
60 Knitted or crocheted fabrics 31 0.00 241-87.14
61 Articles of apparel and clothing accessories, knitted or crocheted 63,041 0.00 50,77724.15
62 Articles of apparel and clothing accessories, not knitted or crocheted 11,236 0.00 5,579101.40
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 422 0.00 6,363-93.37
64 Footwear, gaiters and the like; parts of such articles 125,256 0.00 147,478-15.07
65 Headgear and parts thereof 0 0.00 4,442-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 40,049 0.00 37,2057.64
69 Ceramic products 8,320 0.00 185,123-95.51
70 Glass and glassware 790,193 0.03 180,685337.33
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 52,648,557 1.82 40,128,27831.20
72 Iron and steel 63,897,415 2.21 115,343,211-44.60
73 Articles of iron or steel 452,913 0.02 12,004,543-96.23
74 Copper and articles thereof 70,500 0.00 116,989-39.74
75 Nickel and articles thereof 11,865 0.00 10,39014.20
76 Aluminum and articles thereof 56,569,423 1.95 52,461,1987.83
79 Zinc and articles thereof 89 0.00 0
80 Tin and articles thereof 53,892 0.00 54,759-1.58
81 Other base metals; cermets; articles thereof 3,219,125 0.11 3,021,3656.55
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4,821 0.00 80,395-94.00
83 Miscellaneous articles of base metal 9,631 0.00 50,412-80.90
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,580,468 0.12 70,207,729-94.90
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 3,134,974 0.11 4,032,173-22.25
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 30 0.00 486,449-99.99
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 44,530 0.00 258,873-82.80
89 Ships, boats and floating structures 25,240 0.00 1,383,602-98.18
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,031,071 0.07 3,023,032-32.81
91 Clocks and watches and parts thereof 7,157 0.00 1,950267.03
92 Musical instruments; parts and accessories of such articles 0 0.00 12,085-100.00
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 205,445 0.01 109,53187.57
95 Toys, games and sports requisites; parts and accessories thereof 585,212 0.02 702,590-16.71
96 Miscellaneous manufactured articles 25,957 0.00 1,1502,157.13
97 Works of art, collectors’ pieces and antiques 0 0.00 9,500-100.00
SS Classified 974,856 0.03 2 693 458-63.81

Russia’s Imports from South Korea

The major share of Russian imports from South Korea in the 2nd quarter of 2020 (and in the 2nd quarter of 2019) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 65.13% of Russia’s total imports from South Korea (65.87% in the 2nd quarter of 2019);
  • Chemical products (HS codes 28-40) - 17.23% of Russia’s total imports from South Korea (15.69% in the 2nd quarter of 2019);
  • Metals and products from them (HS codes 72-83) - 7.36% of Russia’s total imports from South Korea (8.83% in the 2nd quarter of 2019);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.43% of Russia’s total imports from South Korea (2.03% in the 2nd quarter of 2019);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.10% of Russia’s total imports from South Korea (1.64% in the 2nd quarter of 2019);
  • Mineral products (HS codes 25-27) - 1.59% of Russia’s total imports from South Korea (1.15% in the 2nd quarter of 2019);
  • Wood and wood products (HS codes 44-49) - 1.40% of Russia’s total imports from South Korea (1.05% in the 2nd quarter of 2019).

The largest gains in Russia’s imports from South Korea in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - an increase of $54,554,401;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $12,402,968.

The largest declines in Russia’s imports from South Korea in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $340,317,771;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $125,874,542;
  • Articles of iron or steel (HS code 73) - a decrease of $44,176,211;
  • 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 $33,007,010;
  • 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 $29,352,683;
  • Plastics and articles thereof (HS code 39) - a decrease of $26,596,991;
  • Organic chemicals (HS code 29) - a decrease of $25,296,862;
  • Iron and steel (HS code 72) - a decrease of $24,353,524;
  • Rubber and articles thereof (HS code 40) - a decrease of $17,796,487;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $5,767,157;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $5,589,132;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $4,897,360.
Russia’s imports from South Korea in the 2nd quarter of 2020 by product groups
HS
code
Name of product group Value of imports in Q2 2020,
US dollars ($)
Percent share in total import Value of imports in Q2 2019,
US dollars ($)
Percent change
in Q2 2020
over Q2 2019
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,145,538 0.08 5,109,039-77.58
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0 0.00 312-100.00
07 Edible vegetables and certain roots and tubers 21,519 0.00 33,469-35.70
08 Edible fruit and nuts; peel of citrus fruit or melons 8,100 0.00 39,256-79.37
09 Coffee, tea, maté and spices 162,368 0.01 97,22967.00
10 Cereals 41,432 0.00 0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2,870,430 0.20 2,508,07314.45
13 Lac; gums, resins and other vegetable saps and extracts 6,744 0.00 2,111219.47
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 54 0.00 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 596,254 0.04 353,29068.77
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 334,528 0.02 245,32536.36
17 Sugars and sugar confectionery 169,763 0.01 212,959-20.28
18 Cocoa and cocoa preparations 114,442 0.01 345,852-66.91
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,596,773 0.18 4,673,168-44.43
20 Preparations of vegetables, fruit, nuts or other parts of plants 3,788,572 0.26 2,611,84145.05
21 Miscellaneous edible preparations 13,958,558 0.97 11,987,33916.44
22 Beverages, spirits and vinegar 7,089,922 0.49 10,768,584-34.16
23 Residues and waste from the food industries; prepared animal feed 171,687 0.01 156,1439.95
24 Tobacco and manufactured tobacco substitutes 1,923,767 0.13 3,053,264-36.99
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 124,903 0.01 83,63149.35
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 22,853,799 1.59 23,869,006-4.25
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4,414,607 0.31 9,311,967-52.59
29 Organic chemicals 17,567,392 1.22 42,864,254-59.02
30 Pharmaceutical products 12,319,132 0.86 8,837,59039.39
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 6,945,342 0.48 8,430,490-17.62
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 33,930,308 2.35 39,519,440-14.14
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 6,978,010 0.48 8,523,378-18.13
35 Albuminoidal substances; modified starches; glues; enzymes 1,311,602 0.09 2,490,165-47.33
37 Photographic or cinematographic goods 393,168 0.03 501,453-21.59
38 Miscellaneous chemical products 12,869,880 0.89 9,222,78439.54
39 Plastics and articles thereof 107,626,782 7.47 134,223,773-19.82
40 Rubber and articles thereof 43,934,743 3.05 61,731,230-28.83
41 Raw hides and skins (other than furskins) and leather 12,315 0.00 622,141-98.02
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 539,423 0.04 1,455,509-62.94
43 Furskins and artificial fur; manufactures thereof 63,666 0.00 80,356-20.77
44 Wood and articles of wood; wood charcoal 170,351 0.01 94,97079.37
45 Cork and articles of cork 1,211 0.00 2,431-50.19
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0 0.00 308,603-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 18,892,861 1.31 20,347,107-7.15
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,110,289 0.08 1,076,8713.10
50 Silk 6,167 0.00 0
52 Cotton 314,435 0.02 756,806-58.45
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 33 0.00 0
54 Man-made filaments 2,631,539 0.18 4,190,616-37.20
55 Man-made staple fibers 5,881,409 0.41 8,301,842-29.16
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 10,221,190 0.71 7,897,46029.42
57 Carpets and other textile floor coverings 190,245 0.01 130,44345.85
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 133,500 0.01 328,495-59.36
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 4,228,180 0.29 5,950,426-28.94
60 Knitted or crocheted fabrics 620,342 0.04 1,595,800-61.13
61 Articles of apparel and clothing accessories, knitted or crocheted 300,620 0.02 475,722-36.81
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,109,696 0.08 335,227231.03
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 4,343,253 0.30 3,803,56414.19
64 Footwear, gaiters and the like; parts of such articles 86,350 0.01 204,196-57.71
65 Headgear and parts thereof 122,669 0.01 36,628234.90
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 410 0.00 785-47.77
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 108,178 0.01 81,82832.20
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3,683,273 0.26 3,171,47916.14
69 Ceramic products 249,166 0.02 247,5410.66
70 Glass and glassware 5,777,777 0.40 8,056,077-28.28
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 74,610 0.01 228,478-67.34
72 Iron and steel 53,194,135 3.69 77,547,659-31.40
73 Articles of iron or steel 26,130,354 1.81 70,306,565-62.83
74 Copper and articles thereof 766,775 0.05 573,14333.78
75 Nickel and articles thereof 25,766 0.00 9,253178.46
76 Aluminum and articles thereof 1,724,228 0.12 1,731,502-0.42
78 Lead and articles thereof 1,130 0.00 0
79 Zinc and articles thereof 552,669 0.04 442,56624.88
80 Tin and articles thereof 45,376 0.00 19,520132.46
81 Other base metals; cermets; articles thereof 1,003,501 0.07 1,174,472-14.56
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 8,303,135 0.58 11,437,445-27.40
83 Miscellaneous articles of base metal 14,325,844 0.99 20,093,001-28.70
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 252,503,982 17.53 378,378,524-33.27
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 183,434,264 12.73 212,786,947-13.79
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 52,052 0.00 113,100-53.98
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 363,368,641 25.22 703,686,412-48.36
89 Ships, boats and floating structures 61,072,252 4.24 6,517,851837.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 78,012,898 5.41 65,609,93018.90
91 Clocks and watches and parts thereof 149,569 0.01 392,725-61.92
92 Musical instruments; parts and accessories of such articles 114,255 0.01 60,91687.56
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 23,758,012 1.65 56,765,022-58.15
95 Toys, games and sports requisites; parts and accessories thereof 587,194 0.04 1,366,149-57.02
96 Miscellaneous manufactured articles 3,950,695 0.27 4,061,441-2.73
97 Works of art, collectors’ pieces and antiques 2,000 0.00 0
SS Classified 598,320 0.04 759 336-21.20
Russian foreign trade statistics
Source: Federal Customs Service of Russia