Date,
Time MSK

25.02.2016



Karachay-Cherkess Republic Foreign Trade in 2015


In 2015 Karachay-Cherkess Republic foreign trade volume decreased by 68% and reached 146.6 million USD compared to 460.3 million USD in 2014.


Imports to Karachay-Cherkess Republic fell by 69% to 136.5 million USD while exports from Karachay-Cherkess Republic fell by 58% to 10.1 million USD (see Figure 1).


Figure 1. Karachay-Cherkess Republic Foreign trade, Exports and Imports, million USD, 2015. Source: Russian Federal Customs Service of Russia.

Figure 1. Karachay-Cherkess Republic Foreign trade, Exports and Imports, million USD, 2015.png




Karachay-Cherkess Republic Imports


In 2015 Karachay-Cherkess Republic imported the following products (see Figure 2, Table 1):


▪ Engineering products (71%)

▪ Textiles, textile products and footwear (10%)

▪ Chemical products, rubber (8%)

▪ Wood and pulp and paper products (2%)

▪ Metals and products from them (2%)

▪ Food Products and raw materials (1%)

▪ Mineral products (1%)



Figure 2. Structure of Karachay-Cherkess Republic Imports in 2015. Source: Federal Customs Service of Russia.

Figure 2. Structure of Karachay-Cherkess Republic Imports in 2015.png




Table 1. Key products imported to Karachay-Cherkess Republic in 2015. Source: Federal Customs Service of Russia.


Product HS Code

Product Type

Volume, 2015, USD thousand

Share in total product imports, %

84-90

Engineering products

$96,531

71%

50-67

Textiles, textile products and footwear

$13,294

10%

28-40

Chemical products, rubber

$11,119

8%

44-49

Wood and pulp and paper products

$2,721

2%

72-83

Metals and products from them

$2,431

2%

01-24

Food Products and raw materials

$1,430

1%

25-27

Mineral products

$1,045

1%

41-43

Tanning raw materials, furs and products

$15

0.01%

27

Fuel and energy products

$14

0.01%

68-70, 91-97

Other products

$7,925

6%



Karachay-Cherkess Republic Exports


Karachay-Cherkess Republic primarily exports the following products (see Figure 3, Table 2):


▪ Chemical products, rubber (37%)

▪ Textiles, textile products and footwear (26%)

▪ Food Products and raw materials (26%)

▪ Mineral products (5%)

▪ Engineering products (5%)



Figure 3. Structure of Karachay-Cherkess Republic Exports, 2015. Source: Federal Customs Service of Russia.

Figure 3. Structure of Karachay-Cherkess Republic Exports, 2015.png




Table 2. Key products exported from Karachay-Cherkess Republic in 2015. Source: Federal Customs Service of Russia.


Product HS Code

Product Type

Volume, 2015, USD thousand

Share in total product exports, %

28-40

Chemical products, rubber

$3,789

37%

50-67

Textiles, textile products and footwear

$2,631

26%

01-24

Food Products and raw materials

$2,640

26%

25-27

Mineral products

$529

5%

84-90

Engineering products

$499

5%

72-83

Metals and products from them

$8

0.10%

44-49

Wood and pulp and paper products

$7

0.10%

68-70, 91-97

Other products

$26

0.30%


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