In January-June, 2017, the volume of road transportation in/from Belarus, Ukraine and Kazakhstan increased over the same period in the previous year. The volume of imports to Russia also increased, while the exports revealed a negative trend, which happened due to the reduction in the exports of commodities.
| Market | Exports during 6 months in 2016, tons | Exports during 6 months in 2017, tons | Export trend, % | Export trend, tons | Imports during 6 months in 2016, tons | Imports during 6 months in 2017, tons | Import trend, % | Import trend, tons |
| Belarus | 1627572 | 1854549 | 13.95% | 226977 | 1432433 | 1534916 | 7.15% | 102483 |
| Kazakhstan | 74393 | 87141 | 17.14% | 12748 | 272052 | 314924 | 15.76% | 42872 |
| Russia | 5306095 | 5106844 | -3.76% | -199251 | 4512471 | 5371331 | 19.03% | 858860 |
| Ukraine | 2525541 | 2757379 | 9.18% | 231838 | 2249722 | 2755170 | 22.47% | 505448 |
| 9533601 | 9805913 | 2.86% | 272312 | 8466678 | 9976341 | 17.83% | 1509 663 |
Major Trends
According to Eurostat, the volume of imports expressed in physical terms from the EU countries amounted to 9,976,341 tons in January-June 2017 showing an increase of 17.8% over the same period in 2016. The volume of exports totaled 9,805,913 tons in January-June 2017 with an increase of 2.9% over January-June 2016.
Market Overview
Ukraine
1. Dynamics of macro-indicators
Foreign trade statistics according to state agencies
According to the State Statistics Service of Ukraine, foreign trade turnover between Ukraine and all the countries worldwide in January-June 2017 amounted to 43.2 billion dollars with an increase of 27.3% over January-June 2016, exports totaled 20.7 billion dollars (+24.2%) and imports amounted to 22.5 billion dollars (+30.2%).
|
Jan.-June 2016 |
Jan.-June 2017 |
Absolute increase |
Rate of increase |
|
|
Trade turnover, thousand US dollars |
33 929 202 |
43 185 680 |
9 256 478 |
27.28% |
|
Volume of imports, thousand US dollars |
17 305 915 |
22 533 721 |
5 227 806 |
30.2% |
|
Volume of exports, thousand US dollars |
16 623 287 |
20 651 959 |
4 028 672 |
24.2% |
|
Balance of foreign trade, thousand US dollars |
-682 629 |
-1 881 762 |
-1 199 133 |
175.7% |
Foreign trade turnover expressed in value terms amounted to 7.4 billion US dollars in June 2017 making an increase of 26.1% over June 2016, while exports grew by 16.4% and imports increased by 35.8% . From the total volume of trade in June 2017, 46.3% accounted for exports and 53.7% – for imports. The balance of foreign trade turnover was negative in June 2017 with -3.2 billion US dollars.
2. Dynamics of foreign trade (according to Eurostat, road transport)
According to Eurostat, the volume of imports expressed in physical terms to Ukraine from the countries of the European Union in January-June 2017 totaled 2,755,170 tons with an increase of 22.5% over January-June 2016. The volume of exports in January-June 2017 amounted to 2,757,379 tons making an increase of 9.2% over January-June 2016.
Ukraine’s major trading partners
The most important foreign trade partners of Ukraine among the EU countries in 2016 were Poland, Germany, the Netherlands, Romania, Italy, Hungary, the Czech Republic, Slovakia, Austria and Lithuania accounting for 85% of foreign trade turnover.
Speaking about the share of the major partners in foreign turnover in the period under review, 34% accounted for Poland, 15% – for Germany and 6% – for Romania.
Dynamics in cooperation between Ukraine and its major trading partners
Export trading partners’ ranking in the descending order from the largest share of the recipient country to the lowest
|
Ukraine’s trading partners (recipient countries) |
Share of recipient countries in the overall export turnover |
Absolute increase |
Rate of increase |
|
6 months in 2017 against 6 months in 2016 |
6 months in 2017 against 6 months in 2016 |
||
|
Poland |
33% |
58 341 |
10% |
|
Germany |
14% |
26 869 |
11% |
|
the Netherlands |
8% |
24 023 |
17% |
|
Romania |
8% |
40 150 |
33% |
|
Italy |
6% |
29 098 |
35% |
|
the Czech Republic |
4% |
9 445 |
12% |
|
Hungary |
4% |
16 809 |
25% |
|
Slovakia |
3% |
1 999 |
3% |
|
Lithuania |
3% |
13 360 |
28% |
|
Austria |
3% |
3 404 |
7% |
|
Bulgaria |
3% |
6 891 |
16% |
|
Belgium |
2% |
4 736 |
16% |
|
Latvia |
1% |
5 026 |
22% |
|
France |
1% |
3 922 |
27% |
|
Slovenia |
1% |
5 065 |
42% |
Import trading partners’ ranking in the descending order from the largest share of the country of origin to the lowest
|
Ukraine’s trading partners (countries of origin) |
Share of countries of origin in the overall import turnover |
Absolute increase |
Rate of increase |
|
6 months in 2017 against 6 months in 2016 |
6 months in 2016 against 6 months in 2015 |
||
|
Poland |
35% |
97 375 |
15% |
|
Germany |
16% |
36 020 |
12% |
|
Hungary |
6% |
23 820 |
24% |
|
Italy |
5% |
14 392 |
17% |
|
Slovakia |
4% |
-3 115 |
-4% |
|
the Czech Republic |
4% |
11 792 |
16% |
|
Romania |
4% |
8 922 |
13% |
|
the Netherlands |
4% |
5 613 |
8% |
|
Belgium |
3% |
12 497 |
23% |
|
Austria |
3% |
18 355 |
41% |
|
Finland |
3% |
10 461 |
22% |
|
France |
3% |
5 756 |
12% |
|
Lithuania |
2% |
-453 |
-1% |
|
Estonia |
2% |
4 049 |
15% |
|
Sweden |
1% |
1 564 |
6% |
3. Changes in Ukraine’s commodity structure of export and import with EU countries
Ukraine’s export commodity structure in January-June 2017 was dominated by woodworking industry, fast moving consumer goods, iron and steel industry followed by construction materials.
The largest share in imports in January-June 2017 accounted for fast moving consumer goods, chemical industry, woodworking industry, rubber and plastics industry.
***
In January-June 2017 over January-June 2016, the largest growth in exports accounted for the commodity groups in the following sectors: woodworking industry 109,916 tons (+18%); fast moving consumer goods 71,372 tons (+14%); construction materials 58,476 tons (+40%); household appliances and electronics 17,344 tons (+27%); rubber and plastics industry 7,957 tons (+33%); chemical industry 5,189 tons (+7%); other goods 1,653 tons (+26%). Negative trend in export supplies was recorded in the following sectors: machine building and car industry 248 tons (-1%); iron and steel industry -9,072 (-3%).
A significant increase in imports occurred in chemical industry 81,586 tons (+23%), household appliances and electronics 56,700 tons (+31%), woodworking industry 43,835 tons (+16%), rubber and plastics industry 18,090 tons (+7%), iron and steel industry 15,599 tons (+9%), machine building and car industry 2,783 (+21%), other goods 619 (+13%). Negative increase was observed in fast moving consumer goods -25,122 tons (-5%) and construction materials -3,454 tons (-2%).
Russia
1. Dynamics of macro-indicators
Foreign trade statistics according to state agencies
According to the Federal Customs Service, foreign trade turnover between Russia and all the countries worldwide in January-June 2017 amounted to 268.6 billion dollars with an increase of 28.1% over January-June 2016, exports totaled 167.6 billion dollars (+29.1%) and imports amounted to 101.1 billion dollars (+27.5%).
|
Jan.-June 2016 |
Jan.-June 2017 |
Absolute increase |
Rate of increase |
|
|
Trade turnover, thousand US dollars |
209 656 000 |
268 634 000 |
58 978 000 |
28.1% |
|
Volume of imports, thousand US dollars |
79 248 000 |
101 069 100 |
21 821 100 |
27.5% |
|
Volume of exports, thousand US dollars |
129 782 000 |
167 564 900 |
37 782 900 |
29.1% |
|
Balance of foreign trade, thousand US dollars |
49 902 000 |
66 495 800 |
16 593 800 |
33.3% |
Foreign trade turnover expressed in value terms amounted to 50.1 billion US dollars in June 2017 making an increase of 27.7% over June 2016, while exports grew by 24.2% and imports increased by 33.3% . From the total volume of trade in June 2017, 60% accounted for exports and 40% – for imports. The balance of foreign trade turnover was positive in June 2017 with +10 billion US dollars.
Trade turnover with the EU countries increased by 31% amounting to 117.8 billion US dollars (44% of Russia’s total trade turnover). Exports increased by 31% to 79.5 billion US dollars, and imports grew by 24% to 38.4 billion US dollars.
|
with the EU |
with the EEU + Ukraine |
|||
|
Jan.-June 2017 |
Share in the overall turnover |
Jan.-June 2017 |
Share in the overall turnover |
|
|
Trade turnover, thousand US dollars |
117 831 920 |
44% |
29 954 202 |
11% |
|
Volume of imports, thousand US dollars |
38 350 773 |
38% |
10 689 701 |
11% |
|
Volume of exports, thousand US dollars |
79 481 147 |
47% |
19 264 502 |
11% |
2. Dynamics of foreign trade (according to Eurostat, road transport)
According to Eurostat, the volume of imports expressed in physical terms to Russia from the countries of the European Union in January-June 2017 totaled 5,371,331 tons with an increase of 19% over January-June 2016. The volume of exports in January-June 2017 amounted to 5,106,844 tons decreasing by -3.8% over January-June 2016.
Russia’s major trading partners
The most important foreign trade partners of Russia among the EU countries in 2016 were Germany, Poland, Finland, Italy, the Netherlands, Lithuania, Belgium, the Czech Republic, Hungary and Latvia accounting for 80% of foreign trade turnover. It should be noted that there were changes in the geographical structure against the year 2016, so France did not hit the top 10 trading partners because of the reduction in exports.
Speaking about the share of the major partners in foreign turnover in the period under review, 21% accounted for Germany, 15% – for Poland and 12% – for Finland.
Dynamics in cooperation between Russia and its major trading partners
Export trading partners’ ranking in the descending order from the largest share of the recipient country to the lowest
|
Russia’s trading partners (recipient countries) |
Share of recipient countries in the overall export turnover |
Absolute increase |
Rate of increase |
|
6 months in 2017 against 6 months in 2016 |
6 months in 2017 against 6 months in 2016 |
||
|
Germany |
16% |
32 581 |
7% |
|
Poland |
16% |
70 172 |
17% |
|
Finland |
11% |
17 802 |
5% |
|
Belgium |
7% |
147 056 |
177% |
|
Lithuania |
7% |
28 371 |
16% |
|
the Netherlands |
6% |
-389 932 |
-66% |
|
Hungary |
6% |
171 742 |
564% |
|
Estonia |
4% |
3 775 |
3% |
|
Italy |
4% |
-1 042 |
-1% |
|
the Czech Republic |
4% |
-1 939 |
-2% |
|
Romania |
4% |
28 371 |
33% |
|
Latvia |
4% |
13 365 |
14% |
|
Spain |
3% |
88 482 |
610% |
|
Slovakia |
2% |
5 913 |
13% |
|
Bulgaria |
1% |
-11 266 |
-19% |
Import trading partners’ ranking in the descending order from the largest share of the country of origin to the lowest
|
Russia’s trading partners (countries of origin) |
Share of countries of origin in the overall import turnover |
Absolute increase |
Rate of increase |
|
6 months in 2017 against 6 months in 2016 |
6 months in 2017 against 6 months in 2016 |
||
|
Germany |
24% |
133 693 |
14% |
|
Poland |
15% |
145 781 |
26% |
|
Finland |
12% |
61 747 |
12% |
|
Italy |
8% |
61 078 |
21% |
|
the Netherlands |
5% |
33 739 |
15% |
|
Lithuania |
5% |
33 131 |
16% |
|
France |
4% |
13 369 |
7% |
|
the Czech Republic |
4% |
11 921 |
7% |
|
Belgium |
3% |
15 617 |
11% |
|
Sweden |
3% |
15 356 |
13% |
|
Latvia |
3% |
33 019 |
33% |
|
Austria |
3% |
8 377 |
7% |
|
Hungary |
2% |
3 827 |
5% |
|
Estonia |
2% |
15 688 |
25% |
|
Romania |
2% |
1 168 |
2% |
|
Spain |
1% |
6 812 |
11% |
3. Changes in Russia’s commodity structure of export and import with EU countries
Russian exports in January-June 2017 were dominated by woodworking industry, chemical industry, iron and steel industry followed by rubber and plastics industry, construction materials, etc.
Russia’s import commodity structure in January-June 2017 was dominated by fast moving consumer goods, chemical industry, household appliances and electronics, rubber and plastics industry followed by woodworking industry, iron and steel industry, etc.
***
In January-June 2017 over January-June 2016, the largest growth in exports accounted for the commodity groups in the following sectors: woodworking industry 89,323 tons (+11%); construction materials 40,306 tons (+20%); rubber and plastics industry 26,603 tons (+9%); iron and steel industry 11,486 tons (+2%); machine building and car industry 3,518 tons (+32%); household appliances and electronics 1,670 tons (+3%); fast moving consumer goods 96 tons. Negative absolute increase in export was recorded in the following sectors: chemical industry -28,927 tons (-4%); other goods -709 tons (-15%).
A positive increase occurred in all import categories – household appliances and electronics 163,990 tons (+28%), fast moving consumer goods 149,688 tons (+17%), chemical industry 84,420 tons (+10%), iron and steel industry 77,366 (+26%), woodworking industry 63,127 (+12%), rubber and plastics industry 44,705 tons (+8%), machine building and car industry 32,425 tons (+25%), construction materials 28,039 tons (+11%), other goods 104 tons (+2%).
Belarus
1. Dynamics of macro-indicators
Foreign trade statistics according to state agencies
According to the State Customs Committee of Belarus, foreign trade turnover between Belarus and all the countries worldwide in January-June 2017 amounted to 29.1 billion dollars with an increase of 21% over the year 2016, exports totaled 13.6 billion dollars (+22.4% ) and imports amounted to 2.6 billion dollars (+19.9%).
|
Jan.-June 2016 |
Jan.-June 2017 |
Absolute increase |
Rate of increase |
|
|
Trade turnover, thousand US dollars |
24 052 227 |
29 108 186 |
5 055 960 |
21.0% |
|
Volume of imports, thousand US dollars |
12 928 320 |
15 497 755 |
2 569 436 |
19.9% |
|
Volume of exports, thousand US dollars |
11 123 907 |
13 610 431 |
2 486 524 |
22.4% |
|
Balance of foreign trade, thousand US dollars |
-1 800 884 |
-1 887 324 |
-86 440 |
4.8% |
Foreign trade turnover amounted to 5.4 billion US dollars in June 2017 making an increase of 16.5% over June 2016, while exports grew by 16.1% and imports increased by 16.9% . From the total volume of trade in June 2017, 47.47% accounted for exports and 52.3% – for imports. The balance of foreign trade turnover was -247.8 million US dollars.
Trade turnover with the EU countries increased by 12.2% amounting to 5.3 billion US dollars (22.5% of total trade turnover of the Republic of Belarus). Exports increased by 9.8% totaling 2.9 billion US dollars, and imports grew by 15.2% amounting to 2.4 billion US dollars. The balance was positive with +525.0 million US dollars.