Russian trade in goods with Ghana in Q4 2020
based on data from the Federal Customs Service of Russia
Russia’s Trade with Ghana
In the 4th quarter of 2020, Russia’s trade with Ghana was $44,582,292, down 2.04% ($928,276) from the 4th quarter of 2019.
Russia’s exports to Ghana in the 4th quarter of 2020 totaled $26,700,659, up 56.12% ($9,597,828) from the 4th quarter of 2019.
Russia’s imports from Ghana in the 4th quarter of 2020 were $17,881,633, down 37.05% ($10,526,104) from the 4th quarter of 2019.
Russia’s trade balance with Ghana went from a deficit of $11,304,906 in the 4th quarter of 2019, to a surplus of $8,819,026 in the 4th quarter of 2020.
Ghana was Russia’s 104th largest trading partner in the 4th quarter of 2020 (just as in the 4th quarter of 2019), accounting for 0.0275% of Russia’s total trade (up from 0.0253% in the 4th quarter of 2019).
Ghana was Russia’s 104th largest export market in the 4th quarter of 2020 (up from 107th in the 4th quarter of 2019), accounting for 0.0283% of Russia’s total exports (up from 0.0153% in the 4th quarter of 2019).
Ghana was Russia’s 93rd largest supplier in the 4th quarter of 2020 (down from 85th in the 4th quarter of 2019), accounting for 0.0264% of Russia’s total imports (down from 0.0418% in the 4th quarter of 2019).
Russia’s Exports to Ghana
The major share of Russian exports to Ghana in the 4th quarter of 2020 (and in the 4th quarter of 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 46.00% of Russia’s total exports to Ghana (30.30% in the 4th quarter of 2019);
- Chemical products (HS codes 28-40) - 30.98% of Russia’s total exports to Ghana (50.65% in the 4th quarter of 2019);
- Wood and wood products (HS codes 44-49) - 11.16% of Russia’s total exports to Ghana (13.34% in the 4th quarter of 2019);
- Mineral products (HS codes 25-27) - 8.03% of Russia’s total exports to Ghana (3.61% in the 4th quarter of 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 3.47% of Russia’s total exports to Ghana (1.87% in the 4th quarter of 2019).
The largest gains in Russia’s exports to Ghana in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Cereals (HS code 10) - an increase of $6,907,358;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $1,527,349;
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $782,508;
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $706,283;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $680,070;
- Meat and edible meat offal (HS code 02) - an increase of $226,035.
The largest declines in Russia’s exports to Ghana in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Fertilizers (HS code 31) - a decrease of $827,946;
- 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 $286,178;
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $82,928.
| HS code |
Name of product group | Value of exports in Q4 2020, US dollars ($) |
Percent share in total export | Value of exports in Q4 2019, US dollars ($) |
Percent change in Q4 2020 over Q4 2019 |
|---|---|---|---|---|---|
| 02 | Meat and edible meat offal | 646,578 | 2.42 | 420,543 | 53.75 |
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 0 | 0.00 | 57,348 | -100.00 |
| 10 | Cereals | 11,579,392 | 43.37 | 4,672,034 | 147.84 |
| 21 | Miscellaneous edible preparations | 50,279 | 0.19 | 32,175 | 56.27 |
| 22 | Beverages, spirits and vinegar | 6,603 | 0.02 | 0 | ∞ |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 2,144,989 | 8.03 | 617,640 | 247.29 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 663,519 | 2.49 | 949,697 | -30.13 |
| 29 | Organic chemicals | 94,839 | 0.36 | 94,366 | 0.50 |
| 31 | Fertilizers | 6,691,896 | 25.06 | 7,519,842 | -11.01 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 39,649 | 0.15 | 77,907 | -49.11 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 706,283 | 2.65 | 0 | ∞ |
| 38 | Miscellaneous chemical products | 0 | 0.00 | 1,518 | -100.00 |
| 39 | Plastics and articles thereof | 8,765 | 0.03 | 6,554 | 33.74 |
| 40 | Rubber and articles thereof | 66,093 | 0.25 | 13,362 | 394.63 |
| 44 | Wood and articles of wood; wood charcoal | 0 | 0.00 | 82,928 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 2,980,803 | 11.16 | 2,198,295 | 35.60 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 20,160 | 0.08 | 2,034 | 891.15 |
| 73 | Articles of iron or steel | 16,204 | 0.06 | 4,137 | 291.68 |
| 75 | Nickel and articles thereof | 0 | 0.00 | 1,789 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 915,454 | 3.43 | 235,384 | 288.92 |
| 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 | 1,039 | 0.00 | 8,325 | -87.52 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 76,217 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 9,880 | 0.04 | 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 | 58,234 | 0.22 | 30,736 | 89.47 |
Russia’s Imports from Ghana
The major share of Russian imports from Ghana in the 4th quarter of 2020 (and in the 4th quarter of 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 98.19% of Russia’s total imports from Ghana (99.30% in the 4th quarter of 2019);
- Wood and wood products (HS codes 44-49) - 1.75% of Russia’s total imports from Ghana (0.25% in the 4th quarter of 2019).
The largest gains in Russia’s imports from Ghana in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Wood and articles of wood; wood charcoal (HS code 44) - an increase of $242,588.
The largest declines in Russia’s imports from Ghana in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Cocoa and cocoa preparations (HS code 18) - a decrease of $10,673,784;
- 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 $124,655.
| HS code |
Name of product group | Value of imports in Q4 2020, US dollars ($) |
Percent share in total import | Value of imports in Q4 2019, US dollars ($) |
Percent change in Q4 2020 over Q4 2019 |
|---|---|---|---|---|---|
| 06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 1,987 | 0.01 | 4,409 | -54.93 |
| 07 | Edible vegetables and certain roots and tubers | 38,576 | 0.22 | 0 | ∞ |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 52,783 | 0.30 | 91,986 | -42.62 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 33,662 | 0.19 | 7,061 | 376.73 |
| 18 | Cocoa and cocoa preparations | 17,430,596 | 97.48 | 28,104,380 | -37.98 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 0 | 0.00 | 566 | -100.00 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 906 | 0.01 | 0 | ∞ |
| 44 | Wood and articles of wood; wood charcoal | 312,695 | 1.75 | 70,107 | 346.03 |
| 52 | Cotton | 4,404 | 0.02 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 6,024 | 0.03 | 0 | ∞ |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 0 | 0.00 | 124,655 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 0 | 0.00 | 513 | -100.00 |
| 97 | Works of art, collectors’ pieces and antiques | 0 | 0.00 | 4,060 | -100.00 |