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Reports on Russian Trade with African Countries in Q1 2016


Russian trade with African countries is growing in absolute and relative terms, despite the overall decline in Russia's trade with foreign countries.

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 Africa 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: Egypt, Algeria, Morocco, Angola, South Africa, Tunisia, Kenya, Cote d’Ivoire, Sudan, Ghana, Djibouti, Nigeria, Tanzania, Malawi, Zimbabwe, Mozambique, Libya, Togo, and Ethiopia.

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

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

The share of African countries in Russia's total trade (exports and imports) rose from 1.66% in the 1st quarter of 2015 to 3.14% in the 1st quarter of 2016.

The share of African countries in Russia's total exports rose from 1.73% in the 1st quarter of 2015 to 3.95% in the 1st quarter of 2016.

The share of African countries in Russia's total imports rose from 1.50% in the 1st quarter of 2015 to 1.76% in the 1st quarter of 2016.

The major trading partners of Russia in Africa in the 1st quarter of 2016:

- The top five Russia’s trade partners in Africa in the 1st quarter of 2016 were Egypt (1.2119% of Russia’s total foreign trade), Algeria (0.4583%), Morocco (0.3538%), Angola (0.2968%), and South Africa (0.1159%);
- The top five Russia’s export markets in Africa in the 1st quarter of 2016 were Egypt (1.8331% of Russia’s total exports), Algeria (0.7229%), Angola (0.4706%), Morocco (0.2077%), and Tunisia (0.1292%);
- The top five Russia’s import suppliers from Africa in the 1st quarter of 2016 were Morocco (0.6031% of Russia’s total imports), Egypt (0.3655%), South Africa (0.2250%), Cote d’Ivoire (0.1172%), and Kenya (0.1153%).

The most notable changes in Russia's trade with the countries of Africa in the 1st quarter of 2016 over the 1st quarter of 2015:

- The share of Egypt in Russia’s total exports rose 2-fold from 0.9046% in the 1st quarter of the 2015 to 1.8331% in the 1st quarter of the 2016;
- The share of Algeria in Russia’s total exports rose 4.5-fold from 0.1602% in the 1st quarter of the 2015 to 0.7229% in the 1st quarter of the 2016;
- The share of Togo in Russia’s total exports declined 2.7-fold from 0.0455% in the 1st quarter of the 2015 to 0.0167% in the 1st quarter of the 2016;
- The share of Algeria in Russia’s total exports rose 32.2-fold from 0.0146% in the 1st quarter of the 2015 to 0.4706% in the 1st quarter of the 2016;
- The share of Morocco in Russia’s total imports rose from 0.3903% in the 1st quarter of the 2015 to 0.6031% 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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