FCS of Russia: import and export of essential goods in January-June 2020

According to customs statistics, in January-June 2020 the trade turnover of Russia[1] amounted to 267,9 billion. USA in comparison with January-June 2019 dropped by 16.9%.

Trade balance was positive in the amount of 54.1 billion dollars. United States, which is 38.9 billion dollars. USA less than in January-June 2019.

Russia’s exports[2] in January-June 2020 made 161,0 billion. USA in comparison with January-June 2019 was reduced by 22.5%. The share of CIS countries accounted for 87,0%, for the CIS countries is 13.0%.

The basis of the Russian export in January-June 2020 were traditionally fuel and energy products, whose share in the commodity structure of exports amounted to 54.9% (in January-June 2019 and 64.9%). In the commodity structure of export to the far abroad countries the share of these products was 60.1% (in January-June 2019 – 69,6%), to CIS countries is 19.7% (32,2%). In comparison with January-June 2019, the value of energy products decreased by 34.6%, and physical – by 3.8%. Exports of goods fuel and energy complex decreased physical volumes of electricity supply – by 45.7%, natural gas – 17.8%, kerosene – by 7.5%, crude oil – by 2.6%. However, the increased physical volume of exports of petroleum products 5.0%, including gasoline automobile – 45.7%, diesel fuel – by 5.7%.

In the total value of exports the share of metals and products in January-June 2020 amounted to 10.1% (in January-June 2019 is 9.3%). In the commodity structure of export to the far abroad countries the share of these goods amounted to 9.2% (in January-June 2019, and 8.7%), to CIS countries – 16.3 per cent (13.5 per cent). In comparison with January-June 2019, the value of exports declined by 15.8%, and physical – by 3.0%. Decreased physical volume of exports of cast iron by 28.0%, aluminum – by 27.7%, ferroalloys – by 12.6%, copper and copper alloys – 5.0%. However, the increased net exports of flat rolled iron and non-alloy steel by 8.3%, semi-finished products of iron or non-alloy steel – 1.3%.

The export share of chemical products in January-June 2020 amounted to 7.0% (in January-June 2019 and 6.2%). In the commodity structure of export to the far abroad countries the share of these goods amounted to 5.8% (in January-June 2019 – 5,2%), to CIS countries – to 15.2% (13.8 per cent). In comparison with January-June last year, the exports of these products declined by 12.8% and individuals – by 0.7%. Decreased physical volumes of export, rubber 12.7%, organic chemical compounds – by 8.8%, fertilizers – by 1.3%. However, the increased physical volume of export of plastics and products from them by 43.6%, pharmaceutical products – by 21.2%, Soaps and detergents – by 19.0%.

The share of exports of machinery and equipment in January-June 2020 amounted to 6.2% (in January-June 2019 – 5.7 per cent). In the commodity structure of export to the far abroad countries the share of these goods amounted to 4.2% (in January-June 2019 and 3.9%), to CIS countries – 19.2% (or 17.8 percent). Cost volume of export of this commodity group decreased by 15.5%. Decreased the supply of electrical equipment 29.1%, tools and devices optical – on 26,2%, means of ground transport except rail transport – by 18.3%, mechanical equipment – 10.6%. Physical volumes of deliveries of passenger cars decreased by 44,0%, and of trucks – by 12.2%.

The share of exports of foodstuffs and raw materials for their production in the commodity structure of export in January-June 2020 was 7.9% (January-June 2019 and 5.1%). In the commodity structure of export to the far abroad countries the share of these goods amounted to 6.9% (in January-June 2019 – 4,4%), to CIS countries – 14.8 per cent (10.0 per cent). In comparison with January-June 2019 cost and physical volumes of deliveries of these products increased by 19.2% and 25.8%, respectively. Increased physical volumes of export of fresh and frozen pork in 2.7 times, the meat fresh and ice cream – in 2,3 times, poultry – by 1.8 times, butter – by 41.9%, milk and cream – by 28.6%, wheat – by 17.1%, cheese and cottage cheese – by 7.2%.

The share of exports of timber and pulp and paper products in January-June 2020 amounted to 3.7% (in January-June 2019 – 3,1%). In the commodity structure of export to the far abroad countries the share of these goods amounted to 3.5% (January-June 2019 is 2.9%), to CIS countries – 4.9 per cent (4.5 per cent). Cost volume of export of this commodity group decreased by 8.7%, and physical – by 3.8%. Decreased physical volumes of export of unprocessed timber by 15.7%, timber – by 6.8%, newsprint – by 6.3%, while volumes increased supplies of plywood of 4.7%.

Import Russia[3] in January-June 2020 amounted to 106,9 billion. USA in comparison with January-June 2019 decreased by 6.8%. The share of CIS countries accounted for 89.2% of, in the CIS countries is 10.8%.

In the commodity structure of imports the largest share was accounted for by machinery and equipment – 46,0% (in January-June 2019 – 45,9%). In the commodity structure of import from far-abroad countries the share of these goods amounted to 48.9% (in January-June 2019 – 49,2%), from CIS countries – 21,8% (20.4 per cent). Cost volume of import of this production in comparison with January-June 2019 fell by 6.3%. Decreased volumes of import of electrical equipment 2.8%, mechanical equipment – 1.9%, with the increased volume of import of tools and devices optical – on 15,1%. Decreased physical volumes of import of cars by 34.5%, and of trucks – by 38.8%.

The share of chemical products in the commodity structure of import in January-June 2020 amounted to 19.3% (January-June 2019 – 19,1%). In the commodity structure of import from far-abroad countries the share of these products was 20.0% (in January-June 2019 – 19,6%), from CIS countries – 13.7 percent (up 14.8%). In comparison with January-June 2019 cost volume of import of products of chemical industry decreased by 5.3%, and physical – by 2.6%. Decreased volumes of supplies of pharmaceutical products by 15.7%, rubber and rubber – 10.9%, organic chemical products – by 4.8%, with the increased supply of Soaps and detergents – 2.5%.

The share of imports of foodstuffs and raw materials for their production in January-June 2020 was 13.8% (in January-June 2019 – 13,1%). In the commodity structure of import from far-abroad countries the share of these goods amounted to 12.2% (in January-June 2019 – 11,8%), from CIS countries – 26.4 per cent (23.1 per cent). Decreased value of imports by 1.7% and physical volumes – by 2.7%. Decreased import volumes of sunflower oil to 66.3%, fresh meat and ice cream – by 32.3%, citrus fruits – by 9.8%, fish fresh and frozen – by 11.4%. At the same time increased the supply of milk and cream by 17.8%, butter – by 15.8%, cheese and cottage cheese – by 8.8%.

The proportion of textiles and shoes in January-June 2020 was 6.3% (January-June 2019 – 6.1 percent). In the commodity structure of import from far-abroad countries the share of these goods amounted to 6.2% (in January-June 2019 – 6,0%), from CIS countries – 7.4 percent (7.2 percent). The value of imports of these goods decreased by 3.3%, and physical – 6.6%, respectively.

The share of metals and products from them in the import commodity structure in January-June 2020 amounted to 6.9% (in January-June 2019 and 7.5%). In the commodity structure of import from far-abroad countries the share of these goods amounted to 6.1% (January-June 2019 – 6,2%), from CIS countries – 13,4% (17,0%). Decreased the value of this commodity group in comparison with January-June 2019 14.3%, and physical – by 26.7%. Decreased supply of ferrous metals and products 29.7%, including pipe – 53.8%, hire flat of iron and non-alloy steel – 21.4%, metal constructions made of ferrous metals – by 5.8%.

The share of imports of energy products in January-June 2020 amounted to 0.8% (in January-June 2019 – 1,0%). In the commodity structure of import from far-abroad countries the share of these goods amounted to 0.5% (in January-June 2019 – 0,6%), from CIS countries – 3.8 per cent (3.9 per cent). Cost and physical volumes of this product group, compared with the same period last year decreased by 17.6% and 1.4%, respectively.

The country’s foreign trade structure of Russia occupies a leading position the European Union as the largest economic partner of the country. The share of the European Union in January-June 2020 accounted for 39.4% of Russian trade turnover (in January-June 2019 – 42,2%), the APEC countries – 34.4 per cent (31.8 per cent), the CIS countries and 12.1% (12,1%), the member States of the EAEU 8.6 per cent (8.5 per cent).

The main trade partners of Russia in January-June 2020 among the far abroad countries were: China, trade with which amounted to 48.2 billion dollars. USA (94.3% of the January-июню2019 years), Germany – 19.2 billion us dollars. USA (74.8 per cent), the Netherlands – 15,0 billion. United States (57,9%), USA – 12.4 billion dollars. USA (94,5%), United Kingdom – 10.2 billion dollars. USA (156,2%), Turkey – $ 9.8 bln. USA (82,7%), the Republic of Korea is 9.3 billion. USA (73,0%), Italy – 9.3 billion. United States (77.6 per cent), Japan – 8.1 billion dollars. USA (82,0%), Poland – 6.8 billion dollars. USA (88,3%).

The volume of trade with CIS countries in January-June 2019-2020 given below:

                                                                                                                      million dollars.USA

COUNTRY

EXPORT

IMPORT

January-июнь2019 G.

January-июнь2020 G.

January-июнь2019 G.

January-июнь2020 G.

AZERBAIJAN

966,7

958,1

427,0

410,0

ARMENIA

611,8

697,8

348,7

273,6

BELARUS*

10411,6

7386,4

6443,3

6031,3

KAZAKHSTAN

6345,3

6428,5

2763,9

2196,6

KYRGYZSTAN

732,5

675,2

160,8

103,6

MOLDOVA

635,4

485,6

182,9

183,5

TAJIKISTAN

427,5

360,7

14,0

13,0

TURKMENISTAN

146,6

373,0

76,1

257,0

UZBEKISTAN

1704,5

2122,6

554,6

539,5

UKRAINE

4142,2

1819,1

2427,8

1726,0

* Included the adjustments for unaccounted volumes of mutual trade of the Russian Federation and the Republic of Belarus.

[1] In the foreign trade turnover of Russia included fish and seafood of the Russian Federation not to be delivered for customs clearance on the territory of the Russian Federation; bunker fuel, fuel, food and materials purchased outside the territory of the Russian Federation; the goods and vehicles imported by individuals; the adjustments for unaccounted volumes of mutual trade with the countries of the EEU.

[2] In exports of Russia included fish and seafood of the Russian Federation not to be delivered for customs clearance on the territory of the Russian Federation; the adjustments for unaccounted volumes of mutual trade with the countries of the EEU.

[3] the import of Russia included bunker fuel, fuel, food and materials purchased outside the territory of the Russian Federation; the goods and vehicles imported by individuals; the adjustments for unaccounted volumes of mutual trade with the countries of the EEU.