Date,
Time MSK

10.03.2016



Altai Republic Foreign Trade in 2015


In 2015 Altai Republic foreign trade volume decreased by 15% and reached 48.9 million USD compared to 57.4 million USD in 2014.


Imports to Altai Republic fell by 72% to 10 million USD while exports from Altai Republic rose by 81% to 38.9 million USD (see Figure 1).



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

Figure 1. Altai Republic Foreign trade, Exports and Imports, million USD, 2015.png



Altai Republic Imports


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


▪ Engineering products (54%)

▪ Metals and products from them (21%)

▪ Chemical products, rubber (18%)

▪ Textiles, textile products and footwear (1%)

▪ Wood and pulp and paper products (1%)



Figure 2. Structure of Altai Republic Imports in 2015. Source: Federal Customs Service of Russia.

Figure 2. Structure of Altai Republic Imports in 2015.png




Table 1. Key products imported to Altai 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

$5,281

54%

72-83

Metals and products from them

$2,121

21%

28-40

Chemical products, rubber

$1,779

18%

50-67

Textiles, textile products and footwear

$122

1%

44-49

Wood and pulp and paper products

$93

1%

25-27

Mineral products

$25

0.30%

01-24

Food Products and raw materials

$21

0.20%

41-43

Tanning raw materials, furs and products

$3

0.03%

68-71, 91-97

Other products

$425

4%



Altai Republic Exports


Altai Republic primarily exports the following products (see Figure 3, Table 2):


▪ Engineering products (40%)

▪ Chemical products, rubber (39%)

▪ Mineral products (15%)

▪ Food Products and raw materials (4%)




Figure 3. Structure of Altai Republic Exports, 2015. Source: Federal Customs Service of Russia.

Figure 3. Structure of Altai Republic Exports, 2015.png




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


Product HS Code

Product Type

Volume, 2015, USD thousand

Share in total product exports, %

84-90

Engineering products

$15,732

40%

28-40

Chemical products, rubber

$15,342

39%

25-27

Mineral products

$5,933

15%

27

Fuel and energy products

$5,910

15%

01-24

Food Products and raw materials

$1,627

4%

44-49

Wood and pulp and paper products

$129

0.3%

72-83

Metals and products from them

$71

0.2%

50-67

Textiles, textile products and footwear

$67

0.2%

68-71, 91-97

Other products

$80

0.2%


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