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

Russia’s Trade with South Korea

In the 4th quarter of 2021, Russia’s trade with South Korea totaled $8,134,881,041, up 38.89% ($2,277,751,493) from the 4th quarter of 2020.

Russia’s exports to South Korea in the 4th quarter of 2021 totaled $4,996,493,028, up 54.14% ($1,754,975,684) from the 4th quarter of 2020.

Russia’s imports from South Korea in the 4th quarter of 2021 totaled $3,138,388,013, up 19.99% ($522,775,809) from the 4th quarter of 2020.

Russia’s trade surplus with South Korea in the 4th quarter of 2021 was $1,858,105,015, a 196.87% increase ($1,232,199,875) over the 4th quarter of 2020.

South Korea was Russia’s 8th largest trading partner in the 4th quarter of 2021 (just as in the 4th quarter of 2020), accounting for 3.4998% of Russia’s total trade (down from 3.6142% in the 4th quarter of 2020).

South Korea was Russia’s 10th largest export market in the 4th quarter of 2021 (down from 8th in the 4th quarter of 2020), accounting for 3.3179% of Russia’s total exports (down from 3.4328% in the 4th quarter of 2020).

South Korea was Russia’s 6th largest supplier in the 4th quarter of 2021 (just as in the 4th quarter of 2020), accounting for 3.8345% of Russia’s total imports (down from 3.8674% in the 4th quarter of 2020).

Russia’s Exports to South Korea

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

  • Mineral products (HS codes 25-27) - 70.31% of Russia’s total exports to South Korea (58.13% in the 4th quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.98% of Russia’s total exports to South Korea (17.91% in the 4th quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 6.25% of Russia’s total exports to South Korea (6.95% in the 4th quarter of 2020);
  • Chemical products (HS codes 28-40) - 2.91% of Russia’s total exports to South Korea (6.41% in the 4th quarter of 2020);
  • Precious metals and stones (HS code 71) - 2.48% of Russia’s total exports to South Korea (4.78% in the 4th quarter of 2020);
  • Wood and wood products (HS codes 44-49) - 1.51% of Russia’s total exports to South Korea (1.59% in the 4th quarter of 2020);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.47% of Russia’s total exports to South Korea (4.10% in the 4th quarter of 2020).

The largest gains in Russia’s exports to South Korea 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) - an increase of $1,618,341,356;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $155,435,321;
  • Iron and steel (HS code 72) - an increase of $121,192,264.

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

  • 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 $68,732,729;
  • Ships, boats and floating structures (HS code 89) - a decrease of $67,171,557;
  • Aluminum and articles thereof (HS code 76) - a decrease of $46,249,161;
  • 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) - a decrease of $31,165,439.
Russia’s exports to South Korea in the 4th quarter of 2021 by product groups
HS
code
Name of product group Value of exports
in Q4 2021,
US dollars ($)
Percent share in total export Value of exports
in Q4 2020,
US dollars ($)
Percent change
in Q4 2021
over Q4 2020
01 Live animals 0 0.00 1,387-100.00
02 Meat and edible meat offal 0 0.00 17,289-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 661,083,810 13.23 505,648,48930.74
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 14,440 0.00 48,024-69.93
05 Products of animal origin, not elsewhere specified or included 1,714,012 0.03 3,757,516-54.38
07 Edible vegetables and certain roots and tubers 80,702 0.00 30,092168.18
08 Edible fruit and nuts; peel of citrus fruit or melons 4,000 0.00 0
09 Coffee, tea, maté and spices 87,032 0.00 173,175-49.74
10 Cereals 45,897,987 0.92 47,629,150-3.63
11 Products of the milling industry; malt; starches; inulin; wheat gluten 169,915 0.00 957,370-82.25
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 5,990,338 0.12 4,825,71824.13
13 Lac; gums, resins and other vegetable saps and extracts 45,875 0.00 39,99214.71
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 4,133,979 0.08 1,993,414107.38
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 300,538 0.01 60,907393.44
17 Sugars and sugar confectionery 17,057 0.00 60,584-71.85
18 Cocoa and cocoa preparations 274,241 0.01 265,6093.25
19 Preparations of cereals, flour, starch or milk; bakers’ wares 196,111 0.00 232,661-15.71
20 Preparations of vegetables, fruit, nuts or other parts of plants 101,977 0.00 188,788-45.98
21 Miscellaneous edible preparations 137,352 0.00 320,787-57.18
22 Beverages, spirits and vinegar 203,495 0.00 165,68022.82
23 Residues and waste from the food industries; prepared animal feed 25,807,165 0.52 14,148,95282.40
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 34,618 0.00 342,479-89.89
26 Ores, slag and ash 20,771,184 0.42 19,804,1494.88
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 3,482,392,317 69.70 1,864,050,96186.82
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 108,052,495 2.16 176,785,224-38.88
29 Organic chemicals 11,090,917 0.22 9,947,84011.49
30 Pharmaceutical products 14,679,157 0.29 13,243,24110.84
31 Fertilizers 3,276,899 0.07 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 418,895 0.01 1,065,867-60.70
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 28,808 0.00 27,2665.66
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 10,801 0.00 6,86057.45
35 Albuminoidal substances; modified starches; glues; enzymes 4,521 0.00 0
38 Miscellaneous chemical products 767,661 0.02 936,458-18.03
39 Plastics and articles thereof 1,674,343 0.03 3,298,254-49.24
40 Rubber and articles thereof 5,027,594 0.10 2,445,823105.56
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 4,492 0.00 1,477204.13
43 Furskins and artificial fur; manufactures thereof 78,863 0.00 0
44 Wood and articles of wood; wood charcoal 42,945,461 0.86 28,115,84952.74
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 25,051,103 0.50 19,796,43026.54
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 5,215,063 0.10 2,260,222130.73
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2,263,602 0.05 1,289,89775.49
52 Cotton 517 0.00 0
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 14,441 0.00 0
54 Man-made filaments 17 0.00 0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,943,643 0.04 1,185,51363.95
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 3,239 0.00 551487.84
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 14,950 0.00 9515,636.84
60 Knitted or crocheted fabrics 0 0.00 135-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 96,132 0.00 98,346-2.25
62 Articles of apparel and clothing accessories, not knitted or crocheted 26,382 0.00 2,941797.04
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 8,567 0.00 32,816-73.89
64 Footwear, gaiters and the like; parts of such articles 180,182 0.00 179,7630.23
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 79,870 0.00 37,525112.84
69 Ceramic products 762,829 0.02 173,145340.57
70 Glass and glassware 538,513 0.01 231,577132.54
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 123,753,448 2.48 154,918,887-20.12
72 Iron and steel 199,036,679 3.98 77,844,415155.69
73 Articles of iron or steel 733,448 0.01 510,65643.63
74 Copper and articles thereof 148,864 0.00 43,097245.42
75 Nickel and articles thereof 474,321 0.01 0
76 Aluminum and articles thereof 95,706,859 1.92 141,956,020-32.58
78 Lead and articles thereof 5,868,813 0.12 1,217,116382.19
80 Tin and articles thereof 53,966 0.00 108,049-50.05
81 Other base metals; cermets; articles thereof 9,287,827 0.19 3,634,098155.57
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 13,223 0.00 26,987-51.00
83 Miscellaneous articles of base metal 60,610 0.00 1,7493,365.41
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 6,009,449 0.12 1,584,075279.37
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 7,126,728 0.14 4,938,47644.31
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 185,925 0.00 12,3211,409.01
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 174,951 0.00 117,36649.06
89 Ships, boats and floating structures 57,169,007 1.14 124,340,564-54.02
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,679,466 0.05 1,756,60152.54
91 Clocks and watches and parts thereof 1,750 0.00 3,166-44.73
92 Musical instruments; parts and accessories of such articles 18,307 0.00 0
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 422,583 0.01 591,743-28.59
95 Toys, games and sports requisites; parts and accessories thereof 84,896 0.00 182,803-53.56
96 Miscellaneous manufactured articles 47 0.00 11,139-99.58
97 Works of art, collectors’ pieces and antiques 79,760 0.00 169,400-52.92
SS Classified 0 0.00 1 622 328-100.00

Russia’s Imports from South Korea

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 68.76% of Russia’s total imports from South Korea (70.42% in the 4th quarter of 2020);
  • Chemical products (HS codes 28-40) - 15.60% of Russia’s total imports from South Korea (13.30% in the 4th quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 7.69% of Russia’s total imports from South Korea (7.51% in the 4th quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.81% of Russia’s total imports from South Korea (1.87% in the 4th quarter of 2020);
  • Mineral products (HS codes 25-27) - 1.62% of Russia’s total imports from South Korea (2.28% in the 4th quarter of 2020);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.33% of Russia’s total imports from South Korea (1.50% in the 4th quarter of 2020).

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $143,933,451;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $99,297,004;
  • Plastics and articles thereof (HS code 39) - an increase of $88,987,771;
  • Articles of iron or steel (HS code 73) - an increase of $56,335,975;
  • Ships, boats and floating structures (HS code 89) - an increase of $50,415,001;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $30,093,459;
  • Rubber and articles thereof (HS code 40) - an increase of $23,504,541;
  • Iron and steel (HS code 72) - an increase of $19,111,078.

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

  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $36,492,613;
  • 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) - a decrease of $28,200,098.
Russia’s imports from South Korea in the 4th quarter of 2021 by product groups
HS
code
Name of product group Value of imports in Q4 2021,
US dollars ($)
Percent share in total import Value of imports in Q4 2020,
US dollars ($)
Percent change
in Q4 2021
over Q4 2020
03 Fish and crustaceans, molluscs and other aquatic invertebrates 153,819 0.00 109,62440.32
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0 0.00 762-100.00
07 Edible vegetables and certain roots and tubers 44,683 0.00 57,675-22.53
08 Edible fruit and nuts; peel of citrus fruit or melons 4,706,354 0.15 3,418,99137.65
09 Coffee, tea, maté and spices 22,846 0.00 76,874-70.28
10 Cereals 43,226 0.00 23,63982.86
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 9,252,044 0.29 6,067,33952.49
13 Lac; gums, resins and other vegetable saps and extracts 3,904 0.00 13,149-70.31
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 423 0.00 1,292-67.26
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 330,083 0.01 386,829-14.67
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 209,654 0.01 256,038-18.12
17 Sugars and sugar confectionery 471,090 0.02 372,49726.47
18 Cocoa and cocoa preparations 180,995 0.01 260,002-30.39
19 Preparations of cereals, flour, starch or milk; bakers’ wares 4,276,979 0.14 4,030,6566.11
20 Preparations of vegetables, fruit, nuts or other parts of plants 5,540,432 0.18 3,878,38742.85
21 Miscellaneous edible preparations 20,505,708 0.65 18,444,29911.18
22 Beverages, spirits and vinegar 5,265,748 0.17 8,940,114-41.10
23 Residues and waste from the food industries; prepared animal feed 309,249 0.01 224,67137.65
24 Tobacco and manufactured tobacco substitutes 5,094,740 0.16 2,220,325129.46
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 71,158 0.00 245,444-71.01
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 50,394,165 1.61 59,392,585-15.15
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 16,275,982 0.52 10,726,52251.74
29 Organic chemicals 27,967,261 0.89 22,284,73925.50
30 Pharmaceutical products 75,349,299 2.40 73,800,7152.10
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 8,037,628 0.26 9,455,092-14.99
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 55,606,144 1.77 48,223,81715.31
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 11,332,457 0.36 11,078,5472.29
35 Albuminoidal substances; modified starches; glues; enzymes 2,929,993 0.09 1,806,78262.17
37 Photographic or cinematographic goods 347,081 0.01 363,477-4.51
38 Miscellaneous chemical products 14,729,916 0.47 10,207,53644.30
39 Plastics and articles thereof 219,455,537 6.99 130,467,76668.21
40 Rubber and articles thereof 52,874,422 1.68 29,369,88180.03
41 Raw hides and skins (other than furskins) and leather 33,041 0.00 38,200-13.51
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,132,565 0.04 538,323110.39
43 Furskins and artificial fur; manufactures thereof 28,448 0.00 1,6651,608.59
44 Wood and articles of wood; wood charcoal 1,946,762 0.06 88,1202,109.22
45 Cork and articles of cork 747 0.00 1,228-39.17
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0 0.00 371-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 25,868,527 0.82 17,816,42345.19
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 3,132,341 0.10 1,441,011117.37
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 22,810 0.00 0
52 Cotton 1,043,785 0.03 416,332150.71
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 35,150 0.00 4,230730.97
54 Man-made filaments 3,488,165 0.11 3,449,5411.12
55 Man-made staple fibers 10,842,987 0.35 10,141,7326.91
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 8,520,460 0.27 11,769,501-27.61
57 Carpets and other textile floor coverings 151,731 0.00 156,157-2.83
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 518,044 0.02 202,067156.37
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 10,943,653 0.35 6,356,43672.17
60 Knitted or crocheted fabrics 1,504,570 0.05 1,545,792-2.67
61 Articles of apparel and clothing accessories, knitted or crocheted 437,136 0.01 459,768-4.92
62 Articles of apparel and clothing accessories, not knitted or crocheted 266,138 0.01 323,056-17.62
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,998,010 0.10 4,120,436-27.24
64 Footwear, gaiters and the like; parts of such articles 186,637 0.01 126,45147.60
65 Headgear and parts thereof 113,141 0.00 99,62213.57
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1,409 0.00 5,926-76.22
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 157,393 0.01 111,11541.65
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4,688,837 0.15 2,884,93662.53
69 Ceramic products 269,860 0.01 567,470-52.45
70 Glass and glassware 12,203,315 0.39 8,751,23139.45
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 540,277 0.02 504,4617.10
72 Iron and steel 84,429,222 2.69 65,318,14429.26
73 Articles of iron or steel 116,009,011 3.70 59,673,03694.41
74 Copper and articles thereof 1,739,271 0.06 1,369,61426.99
75 Nickel and articles thereof 21,954 0.00 8,899146.70
76 Aluminum and articles thereof 1,995,429 0.06 2,525,589-20.99
78 Lead and articles thereof 168 0.00 12040.00
79 Zinc and articles thereof 507,462 0.02 443,27514.48
80 Tin and articles thereof 75,555 0.00 12,186520.01
81 Other base metals; cermets; articles thereof 414,383 0.01 375,82710.26
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 10,642,649 0.34 47,135,262-77.42
83 Miscellaneous articles of base metal 23,241,138 0.74 19,615,10818.49
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 497,544,362 15.85 353,610,91140.70
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 267,682,573 8.53 295,882,671-9.53
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 72,066 0.00 30,007140.16
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 550,440,776 17.54 451,143,77222.01
89 Ships, boats and floating structures 700,193,434 22.31 649,778,4337.76
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 121,514,949 3.87 91,421,49032.92
91 Clocks and watches and parts thereof 283,326 0.01 206,26137.36
92 Musical instruments; parts and accessories of such articles 246,188 0.01 110,665122.46
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 43,130,122 1.37 40,822,0055.65
95 Toys, games and sports requisites; parts and accessories thereof 1,100,145 0.04 794,69338.44
96 Miscellaneous manufactured articles 4,575,775 0.15 4,977,005-8.06
97 Works of art, collectors’ pieces and antiques 0 0.00 346,478-100.00
SS Classified 0 0.00 1 883 086-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia