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

* 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.