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Russian foreign trade
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Russian trade in goods with Ghana in Q4 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 fourth quarter of 2021: exports, imports, products, dynamics.

Russia’s Trade with Ghana

In the 4th quarter of 2021, Russia’s trade with Ghana totaled $77,617,942, up 74.10% ($33,035,650) from the 4th quarter of 2020.

Russia’s exports to Ghana in the 4th quarter of 2021 totaled $49,864,222, up 86.75% ($23,163,563) from the 4th quarter of 2020.

Russia’s imports from Ghana in the 4th quarter of 2021 totaled $27,753,720, up 55.21% ($9,872,087) from the 4th quarter of 2020.

Russia’s trade surplus with Ghana in the 4th quarter of 2021 was $22,110,502, a 150.71% increase ($13,291,476) over the 4th quarter of 2020.

Ghana was Russia’s 99th largest trading partner in the 4th quarter of 2021 (up from 104th in the 4th quarter of 2020), accounting for 0.0334% of Russia’s total trade (up from 0.0275% in the 4th quarter of 2020).

Ghana was Russia’s 97th largest export market in the 4th quarter of 2021 (up from 104th in the 4th quarter of 2020), accounting for 0.0331% of Russia’s total exports (up from 0.0283% in the 4th quarter of 2020).

Ghana was Russia’s 90th largest supplier in the 4th quarter of 2021 (up from 93rd in the 4th quarter of 2020), accounting for 0.0339% of Russia’s total imports (up from 0.0264% in the 4th quarter of 2020).

Russia’s Exports to Ghana

The major share of Russian exports to Ghana in the 4th quarter of 2021 (and in the 4th quarter of 2020) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 50.95% of Russia’s total exports to Ghana (46.00% in the 4th quarter of 2020);
  • Chemical products (HS codes 28-40) - 30.38% of Russia’s total exports to Ghana (30.98% in the 4th quarter of 2020);
  • Wood and wood products (HS codes 44-49) - 17.97% of Russia’s total exports to Ghana (11.16% in the 4th quarter of 2020);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.53% of Russia’s total exports to Ghana (3.47% in the 4th quarter of 2020);
  • Mineral products (HS codes 25-27) - 0.01% of Russia’s total exports to Ghana (8.03% in the 4th quarter of 2020).

The largest gains in Russia’s exports to Ghana in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $12,809,171;
  • Fertilizers (HS code 31) - an increase of $6,766,326;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $5,979,394;
  • Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - an increase of $275,717;
  • Sugars and sugar confectionery (HS code 17) - an increase of $185,440;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $180,950.

The largest declines in Russia’s exports to Ghana in the 4th quarter of 2021 over the 4th 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 $2,138,652;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $652,776;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $273,316;
  • Meat and edible meat offal (HS code 02) - a decrease of $262,547.
Russia’s exports to Ghana in the 4th quarter of 2021 by product groups
HS
code
Name of product group Value of exports
in Q4 2021,
US dollars ($)
Percent share in total export Value of exports
in Q4 2020,
US dollars ($)
Percent change
in Q4 2021
over Q4 2020
02 Meat and edible meat offal 384,031 0.77 646,578-40.61
05 Products of animal origin, not elsewhere specified or included 31,446 0.06 0
10 Cereals 24,388,563 48.91 11,579,392110.62
11 Products of the milling industry; malt; starches; inulin; wheat gluten 275,717 0.55 0
17 Sugars and sugar confectionery 185,440 0.37 0
21 Miscellaneous edible preparations 132,592 0.27 50,279163.71
22 Beverages, spirits and vinegar 0 0.00 6,603-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 6,337 0.01 2,144,989-99.70
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 390,203 0.78 663,519-41.19
29 Organic chemicals 102,615 0.21 94,8398.20
31 Fertilizers 13,458,222 26.99 6,691,896101.11
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 63,150 0.13 39,64959.27
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 887,233 1.78 706,28325.62
38 Miscellaneous chemical products 30,016 0.06 0
39 Plastics and articles thereof 19,691 0.04 8,765124.65
40 Rubber and articles thereof 194,882 0.39 66,093194.86
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 8,960,197 17.97 2,980,803200.60
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,961 0.00 20,160-90.27
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 8,137 0.02 0
73 Articles of iron or steel 8,443 0.02 16,204-47.90
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4,949 0.01 0
83 Miscellaneous articles of base metal 14,938 0.03 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 262,678 0.53 915,454-71.31
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 133 0.00 1,039-87.20
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 611 0.00 9,880-93.82
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 24,649 0.05 58,234-57.67
96 Miscellaneous manufactured articles 12,504 0.03 0

Russia’s Imports from Ghana

The major share of Russian imports from Ghana in the 4th quarter of 2021 (and in the 4th quarter of 2020) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.56% of Russia’s total imports from Ghana (98.19% in the 4th quarter of 2020);
  • Wood and wood products (HS codes 44-49) - 0.43% of Russia’s total imports from Ghana (1.75% in the 4th quarter of 2020).

The largest gains in Russia’s imports from Ghana in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - an increase of $9,740,219;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $392,161.

The largest declines in Russia’s imports from Ghana in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:

  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $194,118.
Russia’s imports from Ghana in the 4th quarter of 2021 by product groups
HS
code
Name of product group Value of imports in Q4 2021,
US dollars ($)
Percent share in total import Value of imports in Q4 2020,
US dollars ($)
Percent change
in Q4 2021
over Q4 2020
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 799 0.00 1,987-59.79
07 Edible vegetables and certain roots and tubers 29,634 0.11 38,576-23.18
08 Edible fruit and nuts; peel of citrus fruit or melons 18,609 0.07 52,783-64.74
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 392,161 1.41 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 16,979 0.06 33,662-49.56
18 Cocoa and cocoa preparations 27,170,815 97.90 17,430,59655.88
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,300 0.00 0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 115 0.00 0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0 0.00 906-100.00
44 Wood and articles of wood; wood charcoal 118,577 0.43 312,695-62.08
52 Cotton 4,731 0.02 4,4047.43
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0 0.00 6,024-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia