Russian foreign trade
reports and reviews

Russian trade in goods with Bangladesh in Q1 2021

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Bangladesh in the first quarter of 2021: exports, imports, products, dynamics.

Russia’s Trade with Bangladesh

In the 1st quarter of 2021, Russia’s trade with Bangladesh totaled $509,494,445, up 24.77% ($101,143,033) from the 1st quarter of 2020.

Russia’s exports to Bangladesh in the 1st quarter of 2021 totaled $210,105,208, up 59.95% ($78,747,093) from the 1st quarter of 2020.

Russia’s imports from Bangladesh in the 1st quarter of 2021 totaled $299,389,237, up 8.09% ($22,395,940) from the 1st quarter of 2020.

Russia’s trade deficit with Bangladesh in the 1st quarter of 2021 was $89,284,029, a 38.69% decrease ($56,351,153) over the 1st quarter of 2020.

Bangladesh was Russia’s 48th largest trading partner in the 1st quarter of 2021 (up from 53rd in the 1st quarter of 2020), accounting for 0.3297% of Russia’s total trade (up from 0.2873% in the 1st quarter of 2020).

Bangladesh was Russia’s 54th largest export market in the 1st quarter of 2021 (up from 67th in the 1st quarter of 2020), accounting for 0.2277% of Russia’s total exports (up from 0.1476% in the 1st quarter of 2020).

Bangladesh was Russia’s 35th largest supplier in the 1st quarter of 2021 (down from 34th in the 1st quarter of 2020), accounting for 0.4806% of Russia’s total imports (down from 0.5211% in the 1st quarter of 2020).

Russia’s Exports to Bangladesh

The major share of Russian exports to Bangladesh in the 1st quarter of 2021 (and in the 1st quarter of 2020) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 39.33% of Russia’s total exports to Bangladesh (22.02% in the 1st quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 36.19% of Russia’s total exports to Bangladesh (44.75% in the 1st quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 19.64% of Russia’s total exports to Bangladesh (23.85% in the 1st quarter of 2020);
  • Mineral products (HS codes 25-27) - 1.98% of Russia’s total exports to Bangladesh (3.52% in the 1st quarter of 2020);
  • Chemical products (HS codes 28-40) - 1.12% of Russia’s total exports to Bangladesh (1.18% in the 1st quarter of 2020);
  • Wood and wood products (HS codes 44-49) - 0.41% of Russia’s total exports to Bangladesh (3.14% in the 1st quarter of 2020).

The largest gains in Russia’s exports to Bangladesh in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:

  • 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 $25,045,341;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $24,693,475;
  • Cereals (HS code 10) - an increase of $18,844,077;
  • Iron and steel (HS code 72) - an increase of $16,715,683;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $5,392,361;
  • 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) - an increase of $693,869.

The largest declines in Russia’s exports to Bangladesh in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - a decrease of $7,635,148;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $2,853,641;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $2,210,042;
  • Ships, boats and floating structures (HS code 89) - a decrease of $1,429,170.
Russia’s exports to Bangladesh in the 1st quarter of 2021 by product groups
HS
code
Name of product group Value of exports
in Q1 2021,
US dollars ($)
Percent share in total export Value of exports
in Q1 2020,
US dollars ($)
Percent change
in Q1 2021
over Q1 2020
07 Edible vegetables and certain roots and tubers 1,058,919 0.50 3,268,961-67.61
10 Cereals 73,507,345 34.99 54,663,26834.47
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 1,215,360 0.58 782,33055.35
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 247,870 0.12 26,530834.30
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0 0.00 937-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 25,240-100.00
22 Beverages, spirits and vinegar 0 0.00 14,157-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 2,297,788 1.09 2,288,1460.42
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,853,197 0.88 2,331,345-20.51
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 498,720 0.24 433,48115.05
29 Organic chemicals 56,126 0.03 50,22411.75
30 Pharmaceutical products 89,591 0.04 57,56355.64
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 605,513 0.29 426,54141.96
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 66-100.00
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 10,838 0.01 1,381684.79
35 Albuminoidal substances; modified starches; glues; enzymes 9,778 0.00 1,624502.09
37 Photographic or cinematographic goods 51,080 0.02 0
38 Miscellaneous chemical products 468,067 0.22 118,620294.59
39 Plastics and articles thereof 340,521 0.16 375,889-9.41
40 Rubber and articles thereof 231,961 0.11 78,945193.83
41 Raw hides and skins (other than furskins) and leather 80,437 0.04 190,873-57.86
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,842 0.00 404,505.00
44 Wood and articles of wood; wood charcoal 110,134 0.05 21,004424.35
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0 0.00 103,953-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 756,304 0.36 1,141,830-33.76
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 19 0.00 2,853,660-100.00
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 59,996 0.03 0
54 Man-made filaments 971 0.00 519,320.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 131,970 0.06 38,445243.27
57 Carpets and other textile floor coverings 0 0.00 742-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 4,606 0.00 3,51331.11
61 Articles of apparel and clothing accessories, knitted or crocheted 1,194 0.00 82345.08
62 Articles of apparel and clothing accessories, not knitted or crocheted 13,371 0.01 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 126,203 0.06 8,3071,419.24
64 Footwear, gaiters and the like; parts of such articles 8,746 0.00 3512,391.74
65 Headgear and parts thereof 2,108 0.00 2,954-28.64
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 402,869 0.19 267,28350.73
69 Ceramic products 4,157 0.00 1,924116.06
70 Glass and glassware 19,131 0.01 126,331-84.86
72 Iron and steel 19,272,380 9.17 2,556,697653.80
73 Articles of iron or steel 20,160,298 9.60 27,795,446-27.47
74 Copper and articles thereof 129,340 0.06 10,1751,171.15
76 Aluminum and articles thereof 1,092,844 0.52 802,89236.11
78 Lead and articles thereof 2,577 0.00 0
81 Other base metals; cermets; articles thereof 149 0.00 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 257,826 0.12 130,90296.96
83 Miscellaneous articles of base metal 355,817 0.17 35,082914.24
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 49,431,388 23.53 24,737,91399.82
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 27,446,400 13.06 2,401,0591,043.10
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 10,482 0.00 2943,465.31
89 Ships, boats and floating structures 70,000 0.03 1,499,170-95.33
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5,678,764 2.70 286,4031,882.79
91 Clocks and watches and parts thereof 570,902 0.27 205278,388.78
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 927,671 0.44 233,802296.78
95 Toys, games and sports requisites; parts and accessories thereof 3,413 0.00 1,120204.73
96 Miscellaneous manufactured articles 138 0.00 7,800-98.23
SS Classified 428,087 0.20 1 151 869-62.84

Russia’s Imports from Bangladesh

The major share of Russian imports from Bangladesh in the 1st quarter of 2021 (and in the 1st quarter of 2020) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 97.34% of Russia’s total imports from Bangladesh (97.26% in the 1st quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.20% of Russia’s total imports from Bangladesh (2.21% in the 1st quarter of 2020).

The largest gains in Russia’s imports from Bangladesh in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $27,382,258;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $1,671,375.

The largest declines in Russia’s imports from Bangladesh in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $3,143,051;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $1,855,568;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $1,219,936.
Russia’s imports from Bangladesh in the 1st quarter of 2021 by product groups
HS
code
Name of product group Value of imports in Q1 2021,
US dollars ($)
Percent share in total import Value of imports in Q1 2020,
US dollars ($)
Percent change
in Q1 2021
over Q1 2020
03 Fish and crustaceans, molluscs and other aquatic invertebrates 3,544,966 1.18 1,873,59189.21
22 Beverages, spirits and vinegar 15,150 0.01 0
24 Tobacco and manufactured tobacco substitutes 3,024,982 1.01 4,244,918-28.74
39 Plastics and articles thereof 51,086 0.02 19,109167.34
40 Rubber and articles thereof 0 0.00 615-100.00
41 Raw hides and skins (other than furskins) and leather 35,943 0.01 45,060-20.23
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 691,476 0.23 812,694-14.92
44 Wood and articles of wood; wood charcoal 111 0.00 0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 133,538 0.04 59,645123.89
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 311 0.00 131,000.00
52 Cotton 68,354 0.02 2,1583,067.47
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 3,839,788 1.28 4,195,751-8.48
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,412,611 0.47 944,21549.61
57 Carpets and other textile floor coverings 284,670 0.10 111,043156.36
60 Knitted or crocheted fabrics 217 0.00 239-9.21
61 Articles of apparel and clothing accessories, knitted or crocheted 156,431,095 52.25 129,048,83721.22
62 Articles of apparel and clothing accessories, not knitted or crocheted 119,412,010 39.89 122,555,061-2.56
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,989,025 1.00 3,718,551-19.62
64 Footwear, gaiters and the like; parts of such articles 6,006,592 2.01 7,862,160-23.60
65 Headgear and parts thereof 986,666 0.33 968,9591.83
69 Ceramic products 154,296 0.05 143,4787.54
70 Glass and glassware 8,802 0.00 23,047-61.81
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 3,932 0.00 1,178233.79
73 Articles of iron or steel 1,648 0.00 248564.52
76 Aluminum and articles thereof 0 0.00 1,953-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 1,673-100.00
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 84,644 0.03 83,9010.89
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 50,201 0.02 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,407 0.00 7,366-67.32
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 136,881 0.05 74,55383.60
95 Toys, games and sports requisites; parts and accessories thereof 17,828 0.01 185,051-90.37
96 Miscellaneous manufactured articles 7 0.00 8,242-99.92
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Russian foreign trade statistics
Source: Federal Customs Service of Russia