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Russian foreign trade
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Russian trade in goods with Ghana 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 Ghana in the first quarter of 2021: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 1st quarter of 2021, Russia’s trade with Ghana totaled $40,809,134, up 16.63% ($5,818,277) from the 1st quarter of 2020.

Russia’s exports to Ghana in the 1st quarter of 2021 totaled $23,708,685, up 11.65% ($2,474,795) from the 1st quarter of 2020.

Russia’s imports from Ghana in the 1st quarter of 2021 totaled $17,100,449, up 24.30% ($3,343,482) from the 1st quarter of 2020.

Russia’s trade surplus with Ghana in the 1st quarter of 2021 was $6,608,236, a 11.62% decrease ($868,687) over the 1st quarter of 2020.

Ghana was Russia’s 103rd largest trading partner in the 1st quarter of 2021 (just as in the 1st quarter of 2020), accounting for 0.0264% of Russia’s total trade (up from 0.0246% in the 1st quarter of 2020).

Ghana was Russia’s 103rd largest export market in the 1st quarter of 2021 (down from 98th in the 1st quarter of 2020), accounting for 0.0257% of Russia’s total exports (up from 0.0239% in the 1st quarter of 2020).

Ghana was Russia’s 89th largest supplier in the 1st quarter of 2021 (up from 90th in the 1st quarter of 2020), accounting for 0.0274% of Russia’s total imports (up from 0.0259% in the 1st quarter of 2020).

Russia’s Exports to Ghana

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

  • Chemical products (HS codes 28-40) - 42.48% of Russia’s total exports to Ghana (57.59% in the 1st quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 25.69% of Russia’s total exports to Ghana (0.28% in the 1st quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 19.53% of Russia’s total exports to Ghana (19.01% in the 1st quarter of 2020);
  • Wood and wood products (HS codes 44-49) - 9.09% of Russia’s total exports to Ghana (20.34% in the 1st quarter of 2020);
  • Mineral products (HS codes 25-27) - 2.54% of Russia’s total exports to Ghana (1.60% in the 1st quarter of 2020).

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

  • Iron and steel (HS code 72) - an increase of $6,090,840;
  • Cereals (HS code 10) - an increase of $762,937;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $421,990;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $261,406;
  • 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 $110,103;
  • Miscellaneous edible preparations (HS code 21) - an increase of $78,114.

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

  • Fertilizers (HS code 31) - a decrease of $2,762,975;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $2,163,612;
  • Sugars and sugar confectionery (HS code 17) - a decrease of $166,331;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $77,931.
Russia’s exports to Ghana in the 1st quarter of 2021 by product groups
HS
code
Name of product group Value of exports
in Q1 2021,
US dollars ($)
Percent share in total export Value of exports
in Q1 2020,
US dollars ($)
Percent change
in Q1 2021
over Q1 2020
02 Meat and edible meat offal 288,766 1.22 330,224-12.55
05 Products of animal origin, not elsewhere specified or included 22,271 0.09 0
10 Cereals 4,235,910 17.87 3,472,97321.97
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0 0.00 67,488-100.00
17 Sugars and sugar confectionery 0 0.00 166,331-100.00
21 Miscellaneous edible preparations 78,114 0.33 0
22 Beverages, spirits and vinegar 5,281 0.02 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 602,137 2.54 340,73176.72
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 428,483 1.81 318,38034.58
29 Organic chemicals 112,298 0.47 121,195-7.34
31 Fertilizers 8,979,114 37.87 11,742,089-23.53
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 427,908 1.80 5,9187,130.62
38 Miscellaneous chemical products 69,171 0.29 19,968246.41
39 Plastics and articles thereof 11,725 0.05 10,29013.95
40 Rubber and articles thereof 42,894 0.18 11,397276.36
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2,155,319 9.09 4,318,931-50.10
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 17,389 0.07 1,2551,285.58
72 Iron and steel 6,090,840 25.69 0
73 Articles of iron or steel 0 0.00 60,054-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 103,331 0.44 115,354-10.42
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 2,029 0.01 2,132-4.83
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7,015 0.03 84,946-91.74
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 3,448-100.00
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 28,690 0.12 40,786-29.66

Russia’s Imports from Ghana

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

  • Food products and agricultural raw materials (HS codes 01-24) - 98.33% of Russia’s total imports from Ghana (96.15% in the 1st quarter of 2020);
  • Wood and wood products (HS codes 44-49) - 1.65% of Russia’s total imports from Ghana (0.81% in the 1st quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total imports from Ghana (3.00% in the 1st quarter of 2020).

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

  • Cocoa and cocoa preparations (HS code 18) - an increase of $3,574,652;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $170,171.

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

  • Copper and articles thereof (HS code 74) - a decrease of $412,396.
Russia’s imports from Ghana in the 1st quarter of 2021 by product groups
HS
code
Name of product group Value of imports in Q1 2021,
US dollars ($)
Percent share in total import Value of imports in Q1 2020,
US dollars ($)
Percent change
in Q1 2021
over Q1 2020
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 2,109 0.01 3,415-38.24
08 Edible fruit and nuts; peel of citrus fruit or melons 51,221 0.30 51,426-0.40
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 34,963 0.20 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 24,820 0.15 44,067-43.68
18 Cocoa and cocoa preparations 16,702,457 97.67 13,127,80527.23
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 118-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 81 0.00 0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 413 0.00 146182.88
44 Wood and articles of wood; wood charcoal 281,418 1.65 111,247152.97
52 Cotton 2,967 0.02 6,246-52.50
74 Copper and articles thereof 0 0.00 412,396-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 101-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia