Russian foreign trade
reports and reviews

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

Russia’s Trade with South Korea

In the 1st quarter of 2021, Russia’s trade with South Korea totaled $6,683,766,297, up 34.87% ($1,728,201,927) from the 1st quarter of 2020.

Russia’s exports to South Korea in the 1st quarter of 2021 were $2,846,561,272, down 16.39% ($558,039,608) from the 1st quarter of 2020.

Russia’s imports from South Korea in the 1st quarter of 2021 totaled $3,837,205,025, up 147.41% ($2,286,241,535) from the 1st quarter of 2020.

Russia’s trade balance with South Korea went from a surplus of $1,853,637,390 in the 1st quarter of 2020, to a deficit of $990,643,753 in the 1st quarter of 2021.

South Korea was Russia’s 6th largest trading partner in the 1st quarter of 2021 (up from 8th in the 1st quarter of 2020), accounting for 4.3245% of Russia’s total trade (up from 3.4864% in the 1st quarter of 2020).

South Korea was Russia’s 9th largest export market in the 1st quarter of 2021 (down from 5th in the 1st quarter of 2020), accounting for 3.0855% of Russia’s total exports (down from 3.8262% in the 1st quarter of 2020).

South Korea was Russia’s 3rd largest supplier in the 1st quarter of 2021 (up from 8th in the 1st quarter of 2020), accounting for 6.1594% of Russia’s total imports (up from 2.9176% in the 1st quarter of 2020).

Russia’s Exports to South Korea

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

  • Mineral products (HS codes 25-27) - 71.10% of Russia’s total exports to South Korea (82.55% in the 1st quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 15.19% of Russia’s total exports to South Korea (9.34% in the 1st quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 5.58% of Russia’s total exports to South Korea (4.37% in the 1st quarter of 2020);
  • Precious metals and stones (HS code 71) - 4.09% of Russia’s total exports to South Korea (0.62% in the 1st quarter of 2020);
  • Wood and wood products (HS codes 44-49) - 2.40% of Russia’s total exports to South Korea (1.39% in the 1st quarter of 2020);
  • Chemical products (HS codes 28-40) - 1.19% of Russia’s total exports to South Korea (0.91% in the 1st quarter of 2020).

The largest gains in Russia’s exports to South Korea 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 $95,121,425;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $80,975,557;
  • Iron and steel (HS code 72) - an increase of $28,289,985;
  • Cereals (HS code 10) - an increase of $19,594,765;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $15,432,128;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $12,136,566.

The largest declines in Russia’s exports to South Korea 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 $777,103,764;
  • Aluminum and articles thereof (HS code 76) - a decrease of $16,910,717;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $11,076,055;
  • Ores, slag and ash (HS code 26) - a decrease of $10,065,102.
Russia’s exports to South Korea in the 1st quarter of 2021 by product groups
HS
code
Name of product group Value of exports
in Q1 2021,
US dollars ($)
Percent share in total export Value of exports
in Q1 2020,
US dollars ($)
Percent change
in Q1 2021
over Q1 2020
01 Live animals 3,200 0.00 0
02 Meat and edible meat offal 51,376 0.00 24,374110.78
03 Fish and crustaceans, molluscs and other aquatic invertebrates 366,285,572 12.87 285,310,01528.38
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 4,376 0.00 6,497-32.65
05 Products of animal origin, not elsewhere specified or included 2,104,721 0.07 1,518,20738.63
07 Edible vegetables and certain roots and tubers 3,000 0.00 862248.03
08 Edible fruit and nuts; peel of citrus fruit or melons 6,000 0.00 12,350-51.42
09 Coffee, tea, maté and spices 130,476 0.00 100,34230.03
10 Cereals 36,512,650 1.28 16,917,885115.82
11 Products of the milling industry; malt; starches; inulin; wheat gluten 300,891 0.01 270,88511.08
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 2,361,973 0.08 2,043,52015.58
13 Lac; gums, resins and other vegetable saps and extracts 41,512 0.00 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,846,229 0.06 1,254,87947.12
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 2,668 0.00 0
17 Sugars and sugar confectionery 29,789 0.00 36,833-19.12
18 Cocoa and cocoa preparations 367,849 0.01 119,084208.90
19 Preparations of cereals, flour, starch or milk; bakers’ wares 66,110 0.00 40,63762.68
20 Preparations of vegetables, fruit, nuts or other parts of plants 128,287 0.00 60,052113.63
21 Miscellaneous edible preparations 286,792 0.01 508,548-43.61
22 Beverages, spirits and vinegar 121,663 0.00 190,562-36.16
23 Residues and waste from the food industries; prepared animal feed 21,613,222 0.76 9,476,656128.07
24 Tobacco and manufactured tobacco substitutes 16,443 0.00 0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 476,803 0.02 196243,166.84
26 Ores, slag and ash 7,275,709 0.26 17,340,811-58.04
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,016,109,593 70.83 2,793,213,357-27.82
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 16,585,845 0.58 12,466,95133.04
29 Organic chemicals 8,146,060 0.29 6,776,17320.22
30 Pharmaceutical products 2,781,144 0.10 1,322,172110.35
31 Fertilizers 0 0.00 3,013,073-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 917,501 0.03 1,085,847-15.50
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 124,294 0.00 83,53048.80
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 23,923 0.00 12,09397.83
35 Albuminoidal substances; modified starches; glues; enzymes 0 0.00 190-100.00
38 Miscellaneous chemical products 235,378 0.01 216,1608.89
39 Plastics and articles thereof 2,186,922 0.08 3,039,746-28.06
40 Rubber and articles thereof 3,014,451 0.11 3,000,9900.45
41 Raw hides and skins (other than furskins) and leather 0 0.00 6-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,926 0.00 970201.65
44 Wood and articles of wood; wood charcoal 40,988,233 1.44 25,556,10560.39
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 22,214,779 0.78 18,803,33218.14
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 3,756,377 0.13 1,787,224110.18
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,251,538 0.04 1,195,2344.71
52 Cotton 2,350 0.00 386,084.21
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 1,094,439 0.04 449,794143.32
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 343 0.00 463-25.92
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 72,933 0.00 0
60 Knitted or crocheted fabrics 31 0.00 108-71.30
61 Articles of apparel and clothing accessories, knitted or crocheted 83,415 0.00 82,7510.80
62 Articles of apparel and clothing accessories, not knitted or crocheted 24,484 0.00 17,35041.12
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 6,425 0.00 32,901-80.47
64 Footwear, gaiters and the like; parts of such articles 107,480 0.00 123,414-12.91
65 Headgear and parts thereof 251 0.00 69263.77
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 10,355 0.00 32,227-67.87
69 Ceramic products 1,090 0.00 4,214-74.13
70 Glass and glassware 455,315 0.02 305,72648.93
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 116,347,398 4.09 21,225,973448.14
72 Iron and steel 99,464,708 3.49 71,174,72339.75
73 Articles of iron or steel 879,081 0.03 5,810,948-84.87
74 Copper and articles thereof 64,052 0.00 82,388-22.26
75 Nickel and articles thereof 0 0.00 36,553-100.00
76 Aluminum and articles thereof 52,245,359 1.84 69,156,076-24.45
78 Lead and articles thereof 4,137,095 0.15 0
80 Tin and articles thereof 80,643 0.00 54,20648.77
81 Other base metals; cermets; articles thereof 1,923,674 0.07 2,497,015-22.96
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 7,215 0.00 33,001-78.14
83 Miscellaneous articles of base metal 6,687 0.00 699,591.30
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,136,083 0.08 13,212,138-83.83
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 3,299,443 0.12 4,576,175-27.90
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 106,251 0.00 380,690-72.09
89 Ships, boats and floating structures 46,123 0.00 2,070,339-97.77
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,788,063 0.06 2,257,799-20.81
91 Clocks and watches and parts thereof 1,908 0.00 7,104-73.14
92 Musical instruments; parts and accessories of such articles 847 0.00 7,895-89.27
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 107,327 0.00 248,575-56.82
95 Toys, games and sports requisites; parts and accessories thereof 348,313 0.01 766,927-54.58
96 Miscellaneous manufactured articles 20,573 0.00 5,510273.38
97 Works of art, collectors’ pieces and antiques 83,799 0.00 0
SS Classified 3,231,444 0.11 3 141 3562.87

Russia’s Imports from South Korea

The major share of Russian imports from South Korea 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) - 82.68% of Russia’s total imports from South Korea (63.46% in the 1st quarter of 2020);
  • Chemical products (HS codes 28-40) - 7.97% of Russia’s total imports from South Korea (18.27% in the 1st quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 4.17% of Russia’s total imports from South Korea (7.71% in the 1st quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.28% of Russia’s total imports from South Korea (2.36% in the 1st quarter of 2020);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.90% of Russia’s total imports from South Korea (2.39% in the 1st quarter of 2020);
  • Mineral products (HS codes 25-27) - 0.78% of Russia’s total imports from South Korea (1.04% in the 1st quarter of 2020).

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

  • Ships, boats and floating structures (HS code 89) - an increase of $1,929,379,680;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $159,171,399;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $68,565,563;
  • Plastics and articles thereof (HS code 39) - an increase of $23,864,863;
  • 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 $15,836,134;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $15,588,140;
  • Articles of iron or steel (HS code 73) - an increase of $15,531,935;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $14,033,112;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $12,105,023.

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

  • No product groups with a substantial decrease.
Russia’s imports from South Korea 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 310,699 0.01 4,027,226-92.29
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 31 0.00 9,928-99.69
07 Edible vegetables and certain roots and tubers 53,851 0.00 65,845-18.22
08 Edible fruit and nuts; peel of citrus fruit or melons 1,028,808 0.03 163,645528.68
09 Coffee, tea, maté and spices 154,518 0.00 9,9121,458.90
10 Cereals 40,840 0.00 38,3686.44
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 8,942,704 0.23 4,099,308118.15
13 Lac; gums, resins and other vegetable saps and extracts 4,896 0.00 10,342-52.66
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 5,511 0.00 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 877,117 0.02 316,402177.22
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 197,740 0.01 122,12961.91
17 Sugars and sugar confectionery 384,713 0.01 289,34432.96
18 Cocoa and cocoa preparations 240,534 0.01 243,094-1.05
19 Preparations of cereals, flour, starch or milk; bakers’ wares 3,989,132 0.10 2,751,58944.98
20 Preparations of vegetables, fruit, nuts or other parts of plants 6,288,177 0.16 5,060,36624.26
21 Miscellaneous edible preparations 16,379,004 0.43 10,824,97351.31
22 Beverages, spirits and vinegar 6,469,604 0.17 5,302,05022.02
23 Residues and waste from the food industries; prepared animal feed 169,351 0.00 0
24 Tobacco and manufactured tobacco substitutes 3,468,158 0.09 3,274,3415.92
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 131,365 0.00 228,369-42.48
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 29,976,975 0.78 15,943,86388.02
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 5,099,671 0.13 3,162,95361.23
29 Organic chemicals 20,871,783 0.54 23,796,273-12.29
30 Pharmaceutical products 14,706,497 0.38 4,810,884205.69
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 6,128,501 0.16 6,490,528-5.58
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 40,108,956 1.05 48,601,618-17.47
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 8,362,598 0.22 7,537,48210.95
35 Albuminoidal substances; modified starches; glues; enzymes 2,040,362 0.05 2,015,8961.21
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0 0.00 303-100.00
37 Photographic or cinematographic goods 497,769 0.01 540,151-7.85
38 Miscellaneous chemical products 10,117,415 0.26 7,787,82229.91
39 Plastics and articles thereof 144,062,951 3.75 120,198,08819.85
40 Rubber and articles thereof 53,871,275 1.40 58,451,474-7.84
41 Raw hides and skins (other than furskins) and leather 336,435 0.01 703,312-52.16
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 738,038 0.02 1,951,202-62.18
43 Furskins and artificial fur; manufactures thereof 1,992 0.00 8,681-77.05
44 Wood and articles of wood; wood charcoal 58,420 0.00 95,735-38.98
45 Cork and articles of cork 15 0.00 657-97.72
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 75 0.00 110-31.82
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 15,869,025 0.41 14,666,0898.20
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,726,023 0.04 604,599185.48
50 Silk 196 0.00 0
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0 0.00 25,412-100.00
52 Cotton 200,415 0.01 490,228-59.12
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 6,052 0.00 9,408-35.67
54 Man-made filaments 3,337,063 0.09 3,349,741-0.38
55 Man-made staple fibers 6,972,981 0.18 8,369,666-16.69
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 11,231,578 0.29 12,674,248-11.38
57 Carpets and other textile floor coverings 1,781 0.00 24,478-92.72
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 240,108 0.01 289,954-17.19
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 7,120,144 0.19 6,822,4644.36
60 Knitted or crocheted fabrics 1,837,260 0.05 1,951,271-5.84
61 Articles of apparel and clothing accessories, knitted or crocheted 440,883 0.01 234,65087.89
62 Articles of apparel and clothing accessories, not knitted or crocheted 215,044 0.01 483,386-55.51
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,579,313 0.07 2,111,64122.15
64 Footwear, gaiters and the like; parts of such articles 3,690 0.00 95,766-96.15
65 Headgear and parts thereof 83,986 0.00 88,522-5.12
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 2,279 0.00 900153.22
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 75,908 0.00 81,361-6.70
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,916,190 0.05 4,383,357-56.28
69 Ceramic products 279,318 0.01 214,40130.28
70 Glass and glassware 9,682,550 0.25 4,980,61894.40
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 232,106 0.01 394,318-41.14
72 Iron and steel 59,182,822 1.54 51,888,08814.06
73 Articles of iron or steel 42,179,848 1.10 26,647,91358.29
74 Copper and articles thereof 1,634,293 0.04 897,29282.14
75 Nickel and articles thereof 73,782 0.00 114,525-35.58
76 Aluminum and articles thereof 2,851,855 0.07 1,940,04647.00
78 Lead and articles thereof 38 0.00 45-15.56
79 Zinc and articles thereof 388,399 0.01 254,64252.53
80 Tin and articles thereof 0 0.00 31,471-100.00
81 Other base metals; cermets; articles thereof 1,443,804 0.04 1,282,63612.57
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 28,959,619 0.75 16,854,59671.82
83 Miscellaneous articles of base metal 23,173,997 0.60 19,692,86017.68
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 353,996,499 9.23 285,430,93624.02
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 228,016,755 5.94 212,180,6217.46
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 39,534 0.00 195,975-79.83
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 570,811,089 14.88 411,639,69038.67
89 Ships, boats and floating structures 1,946,000,948 50.71 16,621,26811,607.90
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 73,837,277 1.92 58,249,13726.76
91 Clocks and watches and parts thereof 98,197 0.00 164,928-40.46
92 Musical instruments; parts and accessories of such articles 60,331 0.00 22,824164.33
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 48,339,649 1.26 37,422,77029.17
95 Toys, games and sports requisites; parts and accessories thereof 697,379 0.02 1,698,777-58.95
96 Miscellaneous manufactured articles 4,097,148 0.11 5,170,985-20.77
SS Classified 1,151,388 0.03 1 280 724-10.10
Share the publication on:
Russian foreign trade statistics
Source: Federal Customs Service of Russia