Reports on Russian Trade with Australia and Oceanian Countries in Q1 2016

The share of Australia and the countries Oceania in Russia's total trade declined by 26 percent in the 1st quarter of 2016 over the 1st quarter of 2015.

Moscow, Russia, August 11, 2016 --(PR.com)-- Russian Foreign Trade has released the reports on Russia's foreign trade in goods with Australia and the countries of Oceania 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 Australia, New Zealand and Papua New Guinea (3 reports in total).

The reports are publicly available here: http://en.russian-trade.com/reports-and-reviews/2016-08/russian-trade-with-australia-and-oceanian-countries-in-the-1st-quarter-of-2016/

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

The share of Australia and Oceanian countries in Russia's total trade (exports and imports) declined from 0.23% in the 1st quarter of 2015 to 0.17% in the 1st quarter of 2016.

The share of Australia and Oceanian countries in Russia's total exports declined from 0.15% in the 1st quarter of 2015 to 0.05% in the 1st quarter of 2016.

The share of Australia and Oceanian countries in Russia's total imports declined from 0.41% in the 1st quarter of 2015 to 0.38% in the 1st quarter of 2016.

The major trading partners of Russia in Australia and Oceania in the 1st quarter of 2016:

- The top Russia’s trade partners in Australia and Oceania in the 1st quarter of 2016 were Australia (0.1331% of Russia’s total foreign trade), New Zealand (0.0249%), and Papua New Guinea (0.0097%);
- The top Russia’s export markets in Australia and Oceania in the 1st quarter of 2016 were Australia (0.0285% of Russia’s total exports), Papua New Guinea (0.0149%), and New Zealand (0.0027%);
- The top Russia’s import suppliers from Australia and Oceania in the 1st quarter of 2016 were Australia (0.3118% of Russia’s total imports), New Zealand (0.0628%), and Papua New Guinea (0.0008%).

The most notable changes in Russia's trade with Australia and Oceania in the 1st quarter of 2016 over the 1st quarter of 2015:

- The share of New Zealand in Russia’s total exports declined 41.9-fold from 0.1131% in the 1st quarter of the 2015 to 0.0027% in the 1st quarter of the 2016;
- The share of Papua New Guinea in Russia’s total exports rose 18.6-fold from 0.0008% in the 1st quarter of the 2015 to 0.0149% 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/.
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