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03 June 2011

TRADE BETWEEN SOUTH AFRICA AND RUSSIAN FEDERATION
January - December 2009-2010

  Jan-Dec 2009
million US $
Jan-Dec 2010
million US $
Export from South Africa to the Russian Federation 321,24 473,38
Import from the Russian Federation into South Africa 195,97 45,78
TOTAL trade turnover: 517,21 519,16

Source: - Foreign Trade of the Russian Federation
                 Annual Reports of 2009 and 2010 by the Federal Customs Service of the Russian Federatio
Note: - Exclude: trade via third countries and non-organised trade.

Remarks:

  1. The above statistics being based only on the officially registered Customs Declarations does not include the trade via the third countries.
  2. The Russian foreign trade slowly is recovering from the World crisis of 2008. Total foreign trade in 2010 increased on 31,5%. Import grew from 167,3 US$ billion in 2009 to 229,0 in 2010. Export from 301,75 US$ billion in 2009 to 396,6 US$ billion in 2010.
  3. Total trade turnover between South Africa and Russian Federation in 2010 increased on 1,95 million US $ (or by 0,4%) compared to the same period of the previous year 2009, from 517,21 million US $ to 519,16 million US $.
  4. Export from South Africa to the Russian Federation in 2010 increased on 152,19 million US $ (or by 47,36%) compared to the same period of the previous year from 321,24 million US $ to 473,38 million US $.
  5. Exports of South Africa to Russia in 2010 is ranked the 2nd amongst the African countries.
  6. The export of Russian goods into the South Africa in 2010 decreased on 150,19 million US $ (or on 76,64%) compared to the same period of 2009, from 195,97 million US $ to 45,78 million US $.
  7. Balance in trade in 2010 is 427,60 million US $ in favour of South Africa.
  8. Increase in export of South Africa to Russia of the following items:
    • Fresh fruits (HS code 08) by 37,0 % (on 51,76 million US $) from 144,64 million US $ in 2009 to 195,94 million US $ in 2010. The share of fresh fruit export to Russia is still very high – about 42% out of total SA export to Russia. SA did not lose its share on the Russian market compare with other countries. For instance: SA export of oranges moved the 4th place in 2009 to the 3rd to the Russian market, after Turkey, Morocco and took over the traditional partner - Egypt.
    • Wines (HS code 22.04) increased by 54,0 % (on 11,59 million US $) from 7,50 million US $ in 2009 to 11,54 million US $ in 2010. Import of SA wines is on the 10th place amongst 37 countries exporting wines to Russia.
    • Import of Ores, slag and ash, Chromium ores and concentrates (HS code 26.02) increased by 327% (on 54,16 million US $) from 16,54 million US $ in 2009 to 70,70 million US $ in 2010.
  9. Decrease is going on in the steel sector. Iron and steel (HS code 72.19) decreased by 43,0 % (on 11,94 million US $) from 27,77 million US $ in 2009 to 15,83 million US $ in 2010.

Compiled by the Economic Section
South African Embassy
Moscow, Russian Federation
03 June 2010