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Reports on Russian Trade with South American Countries in Q1 2016


The share of South American countries in Russia's total exports has rose in the 1st quarter of 2016 as a result of the replacement of European food products.

Moscow, Russia, August 09, 2016 --(PR.com)-- Russian Foreign Trade has released the reports on Russia's foreign trade in goods with the countries of South America in the first quarter of 2016.

The reports have been prepared by Russian Foreign Trade 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: Brazil, Ecuador, Argentina, Chile, Venezuela, Colombia, Paraguay, Peru, and Uruguay (9 reports in total).

The reports are publicly available here: http://en.russian-trade.com/reports-and-reviews/2016-07/russian-trade-with-south-american-countries-in-the-1st-quarter-of-2016/

A brief review of Russia's trade with South American countries in the 1st quarter of 2016:

The share of South American countries in Russia's total trade (exports and imports) rose from 1.63% in the 1st quarter of 2015 to 1.84% in the 1st quarter of 2016.

The share of South American countries in Russia's total exports declined from 0.93% in the 1st quarter of 2015 to 0.88% in the 1st quarter of 2016.

The share of South American countries in Russia's total imports rose from 3.12% in the 1st quarter of 2015 to 3.47% in the 1st quarter of 2016.

The major trading partners of Russia in South America in the 1st quarter of 2016:
- The top five Russia’s trade partners in South America in the 1st quarter of 2016 were Brazil (0.8144% of Russia’s total foreign trade), Ecuador (0.3847%), Argentina (0.1603%), Chile (0.1422%), and Venezuela (0.1010%);
- The top five Russia’s export markets in South America in the 1st quarter of 2016 were Brazil (0.4623% of Russia’s total exports), Venezuela (0.1598%), Colombia (0.0660%), Peru (0.0638%), and Ecuador (0.0563%);
- The top five Russia’s import suppliers from South America in the 1st quarter of 2016 were Brazil (1.4157% of Russia’s total imports), Ecuador (0.9456%), Argentina (0.3747%), Chile (0.3545%), and Paraguay (0.1824%).

The most notable changes in Russia's trade with the countries of South America in the 1st quarter of 2016 over the 1st quarter of 2015:
- The share of Brazil in Russia’s total exports declined from 0.5291% in the 1st quarter of the 2015 to 0.4623% in the 1st quarter of the 2016;
- The share of Argentina in Russia’s total exports rose 2.5-fold from 0.0140% in the 1st quarter of the 2015 to 0.0348% in the 1st quarter of the 2016;
- The share of Uruguay in Russia’s total exports rose 5.3-fold from 0.0037% in the 1st quarter of the 2015 to 0.0195% in the 1st quarter of the 2016;
- The share of Ecuador in Russia’s total imports rose from 0.6830% in the 1st quarter of the 2015 to 0.9456% in the 1st quarter of the 2016;
- The share of Paraguay in Russia’s total imports declined from 0.2912% in the 1st quarter of the 2015 to 0.1824% in the 1st quarter of the 2016.

Russian Foreign Trade is a research and analytics group based in Moscow, Russia. The main object of the group is to promote mutually beneficial trade between Russia and other countries. The group provides Russia’s foreign trade reports, reviews, analytics, statistics and news. Check it out at http://en.russian-trade.com/.
Contact Information
Russian Foreign Trade
Vladimir Stroev
+79250206291
Contact
en.russian-trade.com/

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