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Russian trade in goods with South Korea in Q4 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 fourth quarter of 2020: exports, imports, products, dynamics.

Russia’s Trade with South Korea

In the 4th quarter of 2020, Russia’s trade with South Korea totaled $5,857,129,548, up 7.52% ($409,807,076) from the 4th quarter of 2019.

Russia’s exports to South Korea in the 4th quarter of 2020 were $3,241,517,344, down 8.37% ($296,011,321) from the 4th quarter of 2019.

Russia’s imports from South Korea in the 4th quarter of 2020 totaled $2,615,612,204, up 36.96% ($705,818,397) from the 4th quarter of 2019.

Russia’s trade surplus with South Korea in the 4th quarter of 2020 was $625,905,140, a 61.55% decrease ($1,001,829,718) over the 4th quarter of 2019.

South Korea was Russia’s 8th largest trading partner in the 4th quarter of 2020 (up from 9th in the 4th quarter of 2019), accounting for 3.6142% of Russia’s total trade (up from 3.0285% in the 4th quarter of 2019).

South Korea was Russia’s 8th largest export market in the 4th quarter of 2020 (up from 10th in the 4th quarter of 2019), accounting for 3.4328% of Russia’s total exports (up from 3.1630% in the 4th quarter of 2019).

South Korea was Russia’s 6th largest supplier in the 4th quarter of 2020 (up from 8th in the 4th quarter of 2019), accounting for 3.8674% of Russia’s total imports (up from 2.8074% in the 4th quarter of 2019).

Russia’s Exports to South Korea

The major share of Russian exports to South Korea in the 4th quarter of 2020 (and in the 4th quarter of 2019) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 58.13% of Russia’s total exports to South Korea (76.65% in the 4th quarter of 2019);
  • Food products and agricultural raw materials (HS codes 01-24) - 17.91% of Russia’s total exports to South Korea (12.01% in the 4th quarter of 2019);
  • Metals and products from them (HS codes 72-83) - 6.95% of Russia’s total exports to South Korea (4.26% in the 4th quarter of 2019);
  • Chemical products (HS codes 28-40) - 6.41% of Russia’s total exports to South Korea (3.48% in the 4th quarter of 2019);
  • Precious metals and stones (HS code 71) - 4.78% of Russia’s total exports to South Korea (1.97% in the 4th quarter of 2019);
  • Machinery, equipment and vehicles (HS codes 84-90) - 4.10% of Russia’s total exports to South Korea (0.26% in the 4th quarter of 2019);
  • Wood and wood products (HS codes 44-49) - 1.59% of Russia’s total exports to South Korea (1.19% in the 4th quarter of 2019).

The largest gains in Russia’s exports to South Korea in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - an increase of $122,725,055;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $112,785,868;
  • 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 $85,173,075;
  • 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 $80,438,949;
  • Aluminum and articles thereof (HS code 76) - an increase of $61,519,144;
  • Cereals (HS code 10) - an increase of $25,193,586;
  • Iron and steel (HS code 72) - an increase of $12,892,546.

The largest declines in Russia’s exports to South Korea in the 4th quarter of 2020 over the 4th 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 $837,080,172.
Russia’s exports to South Korea in the 4th quarter of 2020 by product groups
HS
code
Name of product group Value of exports
in Q4 2020,
US dollars ($)
Percent share in total export Value of exports
in Q4 2019,
US dollars ($)
Percent change
in Q4 2020
over Q4 2019
01 Live animals 1,387 0.00 188637.77
02 Meat and edible meat offal 17,289 0.00 15,61010.76
03 Fish and crustaceans, molluscs and other aquatic invertebrates 505,648,489 15.60 392,862,62128.71
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 48,024 0.00 0
05 Products of animal origin, not elsewhere specified or included 3,757,516 0.12 1,460,972157.19
07 Edible vegetables and certain roots and tubers 30,092 0.00 60,753-50.47
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 9,500-100.00
09 Coffee, tea, maté and spices 173,175 0.01 84,435105.10
10 Cereals 47,629,150 1.47 22,435,564112.29
11 Products of the milling industry; malt; starches; inulin; wheat gluten 957,370 0.03 7,94011,957.56
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 4,825,718 0.15 1,841,848162.00
13 Lac; gums, resins and other vegetable saps and extracts 39,992 0.00 39,2002.02
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,993,414 0.06 285,826597.42
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 60,907 0.00 7,710689.97
17 Sugars and sugar confectionery 60,584 0.00 34,98073.20
18 Cocoa and cocoa preparations 265,609 0.01 152,24074.47
19 Preparations of cereals, flour, starch or milk; bakers’ wares 232,661 0.01 64,783259.14
20 Preparations of vegetables, fruit, nuts or other parts of plants 188,788 0.01 13,3901,309.92
21 Miscellaneous edible preparations 320,787 0.01 318,0460.86
22 Beverages, spirits and vinegar 165,680 0.01 419,013-60.46
23 Residues and waste from the food industries; prepared animal feed 14,148,952 0.44 4,636,241205.18
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 342,479 0.01 5,8095,795.66
26 Ores, slag and ash 19,804,149 0.61 10,434,86489.79
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,864,050,961 57.51 2,701,131,133-30.99
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 176,785,224 5.45 96,346,27583.49
29 Organic chemicals 9,947,840 0.31 6,650,67749.58
30 Pharmaceutical products 13,243,241 0.41 12,223,8728.34
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,065,867 0.03 1,355,816-21.39
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 27,266 0.00 88,859-69.32
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 6,860 0.00 18,734-63.38
35 Albuminoidal substances; modified starches; glues; enzymes 0 0.00 2,458-100.00
38 Miscellaneous chemical products 936,458 0.03 243,867284.00
39 Plastics and articles thereof 3,298,254 0.10 3,146,8954.81
40 Rubber and articles thereof 2,445,823 0.08 3,082,481-20.65
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,477 0.00 5,434-72.82
43 Furskins and artificial fur; manufactures thereof 0 0.00 280-100.00
44 Wood and articles of wood; wood charcoal 28,115,849 0.87 28,571,991-1.60
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0 0.00 792-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 19,796,430 0.61 11,050,13879.15
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,260,222 0.07 1,489,97451.70
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,289,897 0.04 884,90845.77
52 Cotton 0 0.00 38-100.00
54 Man-made filaments 0 0.00 17-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,185,513 0.04 5,78020,410.61
57 Carpets and other textile floor coverings 0 0.00 102-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 551 0.00 33663.99
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 95 0.00 482-80.29
60 Knitted or crocheted fabrics 135 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 98,346 0.00 46,614110.98
62 Articles of apparel and clothing accessories, not knitted or crocheted 2,941 0.00 51,302-94.27
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 32,816 0.00 72,707-54.87
64 Footwear, gaiters and the like; parts of such articles 179,763 0.01 139,86628.53
65 Headgear and parts thereof 0 0.00 6,240-100.00
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0 0.00 141-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 37,525 0.00 62,179-39.65
69 Ceramic products 173,145 0.01 381,890-54.66
70 Glass and glassware 231,577 0.01 175,26432.13
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 154,918,887 4.78 69,745,812122.12
72 Iron and steel 77,844,415 2.40 64,951,86919.85
73 Articles of iron or steel 510,656 0.02 2,750,900-81.44
74 Copper and articles thereof 43,097 0.00 77,800-44.61
75 Nickel and articles thereof 0 0.00 133,100-100.00
76 Aluminum and articles thereof 141,956,020 4.38 80,436,87676.48
78 Lead and articles thereof 1,217,116 0.04 0
80 Tin and articles thereof 108,049 0.00 54,46398.39
81 Other base metals; cermets; articles thereof 3,634,098 0.11 2,090,02673.88
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 26,987 0.00 59,119-54.35
83 Miscellaneous articles of base metal 1,749 0.00 1,764-0.85
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,584,075 0.05 1,691,191-6.33
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 4,938,476 0.15 3,575,43538.12
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 12,321 0.00 0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 117,366 0.00 211,284-44.45
89 Ships, boats and floating structures 124,340,564 3.84 1,615,5097,596.68
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,756,601 0.05 1,966,344-10.67
91 Clocks and watches and parts thereof 3,166 0.00 6,610-52.10
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 591,743 0.02 58,777906.76
95 Toys, games and sports requisites; parts and accessories thereof 182,803 0.01 542,678-66.31
96 Miscellaneous manufactured articles 11,139 0.00 8,88425.38
97 Works of art, collectors’ pieces and antiques 169,400 0.01 15,523991.28
SS Classified 1,622,328 0.05 5 105 626-68.22

Russia’s Imports from South Korea

The major share of Russian imports from South Korea in the 4th quarter of 2020 (and in the 4th quarter of 2019) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 70.42% of Russia’s total imports from South Korea (65.85% in the 4th quarter of 2019);
  • Chemical products (HS codes 28-40) - 13.30% of Russia’s total imports from South Korea (17.40% in the 4th quarter of 2019);
  • Metals and products from them (HS codes 72-83) - 7.51% of Russia’s total imports from South Korea (7.13% in the 4th quarter of 2019);
  • Mineral products (HS codes 25-27) - 2.28% of Russia’s total imports from South Korea (1.35% in the 4th quarter of 2019);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.87% of Russia’s total imports from South Korea (2.20% in the 4th quarter of 2019);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.50% of Russia’s total imports from South Korea (1.95% in the 4th quarter of 2019).

The largest gains in Russia’s imports from South Korea in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - an increase of $496,538,063;
  • Pharmaceutical products (HS code 30) - an increase of $62,713,217;
  • 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) - an increase of $38,561,718;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $33,987,242;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $33,769,727;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $27,301,800;
  • Articles of iron or steel (HS code 73) - an increase of $13,912,060;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $12,133,126;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $9,816,338;
  • Iron and steel (HS code 72) - an increase of $9,084,250.

The largest declines in Russia’s imports from South Korea in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:

  • Organic chemicals (HS code 29) - a decrease of $22,882,298;
  • Plastics and articles thereof (HS code 39) - a decrease of $13,874,760;
  • Rubber and articles thereof (HS code 40) - a decrease of $8,560,237.
Russia’s imports from South Korea in the 4th quarter of 2020 by product groups
HS
code
Name of product group Value of imports in Q4 2020,
US dollars ($)
Percent share in total import Value of imports in Q4 2019,
US dollars ($)
Percent change
in Q4 2020
over Q4 2019
03 Fish and crustaceans, molluscs and other aquatic invertebrates 109,624 0.00 1,004,894-89.09
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 762 0.00 3,753-79.70
07 Edible vegetables and certain roots and tubers 57,675 0.00 42,77534.83
08 Edible fruit and nuts; peel of citrus fruit or melons 3,418,991 0.13 863,414295.99
09 Coffee, tea, maté and spices 76,874 0.00 60,06127.99
10 Cereals 23,639 0.00 37,845-37.54
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 6,067,339 0.23 4,711,10128.79
13 Lac; gums, resins and other vegetable saps and extracts 13,149 0.00 2,754377.45
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 1,292 0.00 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 386,829 0.01 284,57735.93
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 256,038 0.01 212,33420.58
17 Sugars and sugar confectionery 372,497 0.01 440,415-15.42
18 Cocoa and cocoa preparations 260,002 0.01 341,530-23.87
19 Preparations of cereals, flour, starch or milk; bakers’ wares 4,030,656 0.15 4,017,9880.32
20 Preparations of vegetables, fruit, nuts or other parts of plants 3,878,387 0.15 5,321,966-27.12
21 Miscellaneous edible preparations 18,444,299 0.71 12,946,12042.47
22 Beverages, spirits and vinegar 8,940,114 0.34 8,096,97710.41
23 Residues and waste from the food industries; prepared animal feed 224,671 0.01 232,633-3.42
24 Tobacco and manufactured tobacco substitutes 2,220,325 0.08 3,309,112-32.90
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 245,444 0.01 99,420146.88
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 59,392,585 2.27 25,622,858131.80
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 10,726,522 0.41 15,009,388-28.53
29 Organic chemicals 22,284,739 0.85 45,167,037-50.66
30 Pharmaceutical products 73,800,715 2.82 11,087,498565.62
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 9,455,092 0.36 7,906,42519.59
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 48,223,817 1.84 48,654,063-0.88
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 11,078,547 0.42 8,935,65823.98
35 Albuminoidal substances; modified starches; glues; enzymes 1,806,782 0.07 1,567,25315.28
37 Photographic or cinematographic goods 363,477 0.01 301,07620.73
38 Miscellaneous chemical products 10,207,536 0.39 11,308,076-9.73
39 Plastics and articles thereof 130,467,766 4.99 144,342,526-9.61
40 Rubber and articles thereof 29,369,881 1.12 37,930,118-22.57
41 Raw hides and skins (other than furskins) and leather 38,200 0.00 228,985-83.32
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 538,323 0.02 1,216,654-55.75
43 Furskins and artificial fur; manufactures thereof 1,665 0.00 54,178-96.93
44 Wood and articles of wood; wood charcoal 88,120 0.00 81,9107.58
45 Cork and articles of cork 1,228 0.00 531131.26
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 371 0.00 141163.12
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 17,816,423 0.68 17,059,9854.43
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,441,011 0.06 1,141,08726.28
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0 0.00 106-100.00
52 Cotton 416,332 0.02 377,54610.27
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 4,230 0.00 12,721-66.75
54 Man-made filaments 3,449,541 0.13 3,900,483-11.56
55 Man-made staple fibers 10,141,732 0.39 9,891,3182.53
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 11,769,501 0.45 9,408,06825.10
57 Carpets and other textile floor coverings 156,157 0.01 212,682-26.58
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 202,067 0.01 276,139-26.82
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 6,356,436 0.24 7,364,726-13.69
60 Knitted or crocheted fabrics 1,545,792 0.06 1,734,604-10.89
61 Articles of apparel and clothing accessories, knitted or crocheted 459,768 0.02 551,171-16.58
62 Articles of apparel and clothing accessories, not knitted or crocheted 323,056 0.01 608,822-46.94
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 4,120,436 0.16 2,503,43064.59
64 Footwear, gaiters and the like; parts of such articles 126,451 0.00 281,398-55.06
65 Headgear and parts thereof 99,622 0.00 59,93966.21
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 5,926 0.00 14,242-58.39
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 111,115 0.00 113,885-2.43
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 2,884,936 0.11 3,433,256-15.97
69 Ceramic products 567,470 0.02 397,82642.64
70 Glass and glassware 8,751,231 0.33 5,378,18362.72
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 504,461 0.02 404,58824.69
72 Iron and steel 65,318,144 2.50 56,233,89416.15
73 Articles of iron or steel 59,673,036 2.28 45,760,97630.40
74 Copper and articles thereof 1,369,614 0.05 881,53555.37
75 Nickel and articles thereof 8,899 0.00 9,118-2.40
76 Aluminum and articles thereof 2,525,589 0.10 2,017,99425.15
78 Lead and articles thereof 120 0.00 0
79 Zinc and articles thereof 443,275 0.02 890,223-50.21
80 Tin and articles thereof 12,186 0.00 0
81 Other base metals; cermets; articles thereof 375,827 0.01 760,745-50.60
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 47,135,262 1.80 13,148,020258.50
83 Miscellaneous articles of base metal 19,615,108 0.75 16,404,29219.57
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 353,610,911 13.52 326,309,1118.37
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 295,882,671 11.31 257,320,95314.99
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 30,007 0.00 61,281-51.03
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 451,143,772 17.25 441,327,4342.22
89 Ships, boats and floating structures 649,778,433 24.84 153,240,370324.03
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 91,421,490 3.50 79,288,36415.30
91 Clocks and watches and parts thereof 206,261 0.01 238,180-13.40
92 Musical instruments; parts and accessories of such articles 110,665 0.00 647,390-82.91
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 40,822,005 1.56 42,390,182-3.70
95 Toys, games and sports requisites; parts and accessories thereof 794,693 0.03 1,577,246-49.62
96 Miscellaneous manufactured articles 4,977,005 0.19 4,603,0208.12
97 Works of art, collectors’ pieces and antiques 346,478 0.01 0
SS Classified 1,883,086 0.07 113 2301,563.06
Russian foreign trade statistics
Source: Federal Customs Service of Russia