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

Russia’s Trade with Hong Kong

In the 1st quarter of 2021, Russia’s trade with Hong Kong totaled $474,062,035, up 40.49% ($136,629,489) from the 1st quarter of 2020.

Russia’s exports to Hong Kong in the 1st quarter of 2021 totaled $375,703,626, up 62.15% ($144,000,016) from the 1st quarter of 2020.

Russia’s imports from Hong Kong in the 1st quarter of 2021 were $98,358,409, down 6.97% ($7,370,527) from the 1st quarter of 2020.

Russia’s trade surplus with Hong Kong in the 1st quarter of 2021 was $277,345,217, a 120.16% increase ($151,370,543) over the 1st quarter of 2020.

Hong Kong was Russia’s 51st largest trading partner in the 1st quarter of 2021 (up from 57th in the 1st quarter of 2020), accounting for 0.3067% of Russia’s total trade (up from 0.2374% in the 1st quarter of 2020).

Hong Kong was Russia’s 42nd largest export market in the 1st quarter of 2021 (up from 53rd in the 1st quarter of 2020), accounting for 0.4072% of Russia’s total exports (up from 0.2604% in the 1st quarter of 2020).

Hong Kong was Russia’s 59th largest supplier in the 1st quarter of 2021 (down from 58th in the 1st quarter of 2020), accounting for 0.1579% of Russia’s total imports (down from 0.1989% in the 1st quarter of 2020).

Russia’s Exports to Hong Kong

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

  • Precious metals and stones (HS code 71) - 64.06% of Russia’s total exports to Hong Kong (15.22% in the 1st quarter of 2020);
  • Chemical products (HS codes 28-40) - 9.31% of Russia’s total exports to Hong Kong (11.57% in the 1st quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 6.33% of Russia’s total exports to Hong Kong (9.82% in the 1st quarter of 2020);
  • Mineral products (HS codes 25-27) - 5.27% of Russia’s total exports to Hong Kong (49.86% in the 1st quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.77% of Russia’s total exports to Hong Kong (8.49% in the 1st quarter of 2020);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.68% of Russia’s total exports to Hong Kong (3.37% in the 1st quarter of 2020).

The largest gains in Russia’s exports to Hong Kong in the 1st quarter of 2021 over the 1st quarter of 2020 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 $205,426,096;
  • Ores, slag and ash (HS code 26) - an increase of $9,694,644;
  • Fertilizers (HS code 31) - an increase of $6,990,123;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $2,883,811;
  • 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 $2,667,589;
  • Iron and steel (HS code 72) - an increase of $1,646,964.

The largest declines in Russia’s exports to Hong Kong in the 1st quarter of 2021 over the 1st quarter of 2020 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 $105,565,788;
  • Meat and edible meat offal (HS code 02) - a decrease of $4,859,145;
  • Rubber and articles thereof (HS code 40) - a decrease of $1,724,520;
  • Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - a decrease of $1,574,316;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $1,356,549.
Russia’s exports to Hong Kong in the 1st quarter of 2021 by product groups
HS
code
Name of product group Value of exports
in Q1 2021,
US dollars ($)
Percent share in total export Value of exports
in Q1 2020,
US dollars ($)
Percent change
in Q1 2021
over Q1 2020
01 Live animals 0 0.00 214-100.00
02 Meat and edible meat offal 6,860,398 1.83 11,719,543-41.46
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,419,643 0.38 412,616244.06
05 Products of animal origin, not elsewhere specified or included 5,307,723 1.41 4,590,96715.61
07 Edible vegetables and certain roots and tubers 6,261 0.00 0
09 Coffee, tea, maté and spices 94,679 0.03 0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0 0.00 1,574,316-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0 0.00 1,062,388-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 344,899 0.09 296,71816.24
17 Sugars and sugar confectionery 18,736 0.00 5,981213.26
18 Cocoa and cocoa preparations 17,123 0.00 0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 26,566 0.01 10,298157.97
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,457 0.00 0
21 Miscellaneous edible preparations 41,471 0.01 0
22 Beverages, spirits and vinegar 1,615 0.00 0
23 Residues and waste from the food industries; prepared animal feed 9,542 0.00 0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 204,441 0.05 69,931192.35
26 Ores, slag and ash 9,694,644 2.58 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 9,903,006 2.64 115,468,794-91.42
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 833,416 0.22 919,388-9.35
30 Pharmaceutical products 205,370 0.05 744,277-72.41
31 Fertilizers 29,277,239 7.79 22,287,11631.36
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 163,671 0.04 403,826-59.47
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 3,192,951 0.85 309,140932.85
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 403,942 0.11 6,6275,995.40
35 Albuminoidal substances; modified starches; glues; enzymes 636,162 0.17 0
37 Photographic or cinematographic goods 3,393 0.00 0
38 Miscellaneous chemical products 70,248 0.02 21,123232.57
39 Plastics and articles thereof 39,059 0.01 243,038-83.93
40 Rubber and articles thereof 159,065 0.04 1,883,585-91.56
41 Raw hides and skins (other than furskins) and leather 1,247 0.00 0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 438,701 0.12 77,577465.50
43 Furskins and artificial fur; manufactures thereof 310,234 0.08 111,543178.13
44 Wood and articles of wood; wood charcoal 95,390 0.03 139,772-31.75
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 394,390 0.10 1,129,909-65.10
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2,988 0.00 21,888-86.35
50 Silk 4,454 0.00 0
52 Cotton 1,448 0.00 0
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 738 0.00 0
55 Man-made staple fibers 354 0.00 0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 33,000 0.01 139,218-76.30
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 38 0.00 0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 480 0.00 0
60 Knitted or crocheted fabrics 9 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 24,237 0.01 8,518184.54
62 Articles of apparel and clothing accessories, not knitted or crocheted 31,801 0.01 39,120-18.71
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 10,734 0.00 1,367,283-99.21
64 Footwear, gaiters and the like; parts of such articles 10,593 0.00 8,30527.55
65 Headgear and parts thereof 131 0.00 0
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0 0.00 6,871-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 63,015 0.02 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,863 0.00 25,234-92.62
69 Ceramic products 122,732 0.03 78,45156.44
70 Glass and glassware 76,504 0.02 4,4681,612.26
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 240,693,279 64.06 35,267,183582.49
72 Iron and steel 23,193,347 6.17 21,546,3837.64
73 Articles of iron or steel 130,558 0.03 60,288116.56
74 Copper and articles thereof 269,544 0.07 2,44010,946.89
76 Aluminum and articles thereof 90,780 0.02 235,067-61.38
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 91,978 0.02 91,0720.99
83 Miscellaneous articles of base metal 2,340 0.00 824,819-99.72
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,155,575 0.31 1,379,355-16.22
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 8,209,044 2.18 5,541,45548.14
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 0 0.00 8,624-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 725 0.00 106,036-99.32
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 712,156 0.19 783,674-9.13
91 Clocks and watches and parts thereof 4,949 0.00 148,805-96.67
92 Musical instruments; parts and accessories of such articles 799 0.00 18,028-95.57
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 4,809 0.00 3,69230.25
95 Toys, games and sports requisites; parts and accessories thereof 14,916 0.00 2,200578.00
96 Miscellaneous manufactured articles 48,236 0.01 31,34053.91
SS Classified 30,518,790 8.12 465 1066,461.68

Russia’s Imports from Hong Kong

The major share of Russian imports from Hong Kong 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) - 73.53% of Russia’s total imports from Hong Kong (68.39% in the 1st quarter of 2020);
  • Mineral products (HS codes 25-27) - 11.37% of Russia’s total imports from Hong Kong (14.28% in the 1st quarter of 2020);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.26% of Russia’s total imports from Hong Kong (6.27% in the 1st quarter of 2020);
  • Chemical products (HS codes 28-40) - 3.37% of Russia’s total imports from Hong Kong (3.44% in the 1st quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 1.80% of Russia’s total imports from Hong Kong (1.59% in the 1st quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.11% of Russia’s total imports from Hong Kong (0.91% in the 1st quarter of 2020).

The largest gains in Russia’s imports from Hong Kong 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 $3,106,151;
  • Articles of iron or steel (HS code 73) - an increase of $978,280;
  • Miscellaneous chemical products (HS code 38) - an increase of $580,903;
  • 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 $340,220.

The largest declines in Russia’s imports from Hong Kong in the 1st quarter of 2021 over the 1st quarter of 2020 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 $3,919,647;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $3,216,070;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $2,843,276;
  • Plastics and articles thereof (HS code 39) - a decrease of $506,493;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $429,084;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - a decrease of $421,884;
  • Ceramic products (HS code 69) - a decrease of $418,213;
  • Organic chemicals (HS code 29) - a decrease of $416,249;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $411,592;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $339,310.
Russia’s imports from Hong Kong in the 1st quarter of 2021 by product groups
HS
code
Name of product group Value of imports in Q1 2021,
US dollars ($)
Percent share in total import Value of imports in Q1 2020,
US dollars ($)
Percent change
in Q1 2021
over Q1 2020
13 Lac; gums, resins and other vegetable saps and extracts 10,500 0.01 0
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 3,787 0.00 0
17 Sugars and sugar confectionery 148,903 0.15 177,787-16.25
19 Preparations of cereals, flour, starch or milk; bakers’ wares 849,885 0.86 656,51429.45
21 Miscellaneous edible preparations 29,319 0.03 58,988-50.30
22 Beverages, spirits and vinegar 46,180 0.05 72,234-36.07
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 39 0.00 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 11,183,582 11.37 15,103,229-25.95
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 160,225 0.16 352,809-54.59
29 Organic chemicals 286,113 0.29 702,362-59.26
30 Pharmaceutical products 525 0.00 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 146,050 0.15 175,624-16.84
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 9,937 0.01 37,245-73.32
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 43,908 0.04 19122,888.48
35 Albuminoidal substances; modified starches; glues; enzymes 54,840 0.06 1,7722,994.81
37 Photographic or cinematographic goods 85 0.00 414-79.47
38 Miscellaneous chemical products 597,782 0.61 16,8793,441.57
39 Plastics and articles thereof 1,511,896 1.54 2,018,389-25.09
40 Rubber and articles thereof 499,660 0.51 332,47250.29
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 303,007 0.31 724,891-58.20
43 Furskins and artificial fur; manufactures thereof 291 0.00 0
44 Wood and articles of wood; wood charcoal 37,398 0.04 18,044107.26
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 1,795 0.00 5,541-67.61
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 353,524 0.36 387,841-8.85
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 93,275 0.09 237,337-60.70
52 Cotton 49,198 0.05 23,191112.14
54 Man-made filaments 21,305 0.02 12,91764.94
55 Man-made staple fibers 84,124 0.09 48175,158.33
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 46,030 0.05 4,312967.49
57 Carpets and other textile floor coverings 20,553 0.02 6293,167.57
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 49,838 0.05 43,23015.29
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 29,872 0.03 67,219-55.56
60 Knitted or crocheted fabrics 26,055 0.03 30,865-15.58
61 Articles of apparel and clothing accessories, knitted or crocheted 716,259 0.73 569,80225.70
62 Articles of apparel and clothing accessories, not knitted or crocheted 453,142 0.46 336,75534.56
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 300,993 0.31 162,56085.16
64 Footwear, gaiters and the like; parts of such articles 2,266,777 2.30 5,110,053-55.64
65 Headgear and parts thereof 3,552 0.00 55,909-93.65
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 103,075 0.10 109,455-5.83
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 22,169 0.02 103,880-78.66
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 242,535 0.25 279,526-13.23
69 Ceramic products 169,747 0.17 587,960-71.13
70 Glass and glassware 211,931 0.22 212,662-0.34
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 396,552 0.40 165,194140.05
72 Iron and steel 1,911 0.00 47,926-96.01
73 Articles of iron or steel 1,305,674 1.33 327,394298.81
74 Copper and articles thereof 8,064 0.01 21,001-61.60
76 Aluminum and articles thereof 101,788 0.10 165,287-38.42
79 Zinc and articles thereof 1,610 0.00 0
81 Other base metals; cermets; articles thereof 0 0.00 15,169-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 271,790 0.28 683,382-60.23
83 Miscellaneous articles of base metal 78,375 0.08 417,685-81.24
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 54,634,141 55.55 57,850,211-5.56
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 16,262,575 16.53 13,156,42423.61
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 47,642 0.05 4,0001,091.05
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 308,086 0.31 230,41933.71
89 Ships, boats and floating structures 0 0.00 2,482-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,070,440 1.09 1,064,4970.56
91 Clocks and watches and parts thereof 245,175 0.25 337,755-27.41
92 Musical instruments; parts and accessories of such articles 1,072 0.00 65,212-98.36
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 1,127,819 1.15 787,59943.20
95 Toys, games and sports requisites; parts and accessories thereof 1,067,977 1.09 1,497,061-28.66
96 Miscellaneous manufactured articles 234,602 0.24 97,145141.50
SS Classified 3,455 0.00 1 557121.90
Russian foreign trade statistics
Source: Federal Customs Service of Russia