Russian trade with Asian countries in 2016 - reports

MOSCOW, Russian Federation - April 19, 2017 - PRLog -- Russian Foreign Trade has released the reports on Russia's foreign trade in goods with the countries of Asia in 2016.

The reports have been prepared by Russian Foreign Trade stuff based on the data from the Federal Customs Service of Russia.

In particular, the reports have been issued on Russia's trade with the following countries: China, Japan, Turkey, South Korea, Kazakhstan, India, Taiwan, Vietnam, Indonesia, Uzbekistan, Israel, Singapore, Malaysia, Iran, Armenia, Thailand, the United Arab Emirates, Iraq, Kyrgyzstan, Azerbaijan, Bangladesh, Mongolia, Turkmenistan, Georgia, Hong Kong, Tajikistan, Lebanon, Kuwait, Saudi Arabia, Sri Lanka, Syria, the Philippines, Jordan, Myanmar (Burma), Yemen, Abkhazia, Afghanistan, Cambodia, North Korea, Qatar, South Ossetia, and Pakistan (42 reports in total).

A brief review of Russia's trade with Asian countries in 2016

The share of Asian countries in Russia's total trade (exports and imports) rose from 36.61% in 2015 to 37.37% in 2016.

The share of Asian countries in Russia's total exports rose from 35.51% in 2015 to 35.65% in 2016.

The share of Asian countries in Russia's total imports rose from 38.67% in 2015 to 40.05% in 2016.

The major trading partners of Russia in Asia in 2016:

- The top ten Russia's trade partners in Asia in 2016 were China (14.1332% of Russia's total foreign trade), Japan (3.4343%), Turkey (3.3876%), South Korea (3.2368%), Kazakhstan (2.7876%), India (1.6483%), Taiwan (0.9228%), Vietnam (0.8206%), Uzbekistan (0.5828%), and Indonesia (0.5592%);

- The top ten Russia's export markets in Asia in 2016 were China (9.8151% of Russia's total exports), Turkey (4.7981%), South Korea (3.5122%), Kazakhstan (3.3020%), Japan (3.2870%), India (1.8609%), Taiwan (0.9469%), Uzbekistan (0.6883%), Iran (0.6591%), and Singapore (0.6293%);

- The top ten Russia's import suppliers from Asia in 2016 were China (20.8969% of Russia's total imports), Japan (3.6650%), South Korea (2.8055%), Kazakhstan (1.9819%), Vietnam (1.3526%), India (1.3153%), Indonesia (1.2138%), Turkey (1.1783%), Taiwan (0.8851%), and Malaysia (0.6608%).

The most notable changes in Russia's trade with the countries of Asia in 2016 over 2015:

- The share of Japan in Russia's total exports declined from 4.2193% in 2015 to 3.2870% in 2016;

- The share of Iran in Russia's total exports rose 2.2-fold from 0.2961% in 2015 to 0.6591% in 2016;

- The share of Kazakhstan in Russia's total imports declined from 2.6175% in 2015 to 1.9819% in 2016;

- The share of Turkey in Russia's total imports declined from 2.2152% in 2015 to 1.1783% in 2016;

- The share of Turkmenistan in Russia's total imports rose 4.5-fold from 0.0402% in 2015 to 0.1817% in 2016.

The reports are publicly available here: http://en.russian-trade.com/reports-and-reviews/2017-02/r...

For more information on Russian foreign trade, visit http://en.russian-trade.com/