Date,
Time MSK

28.04.2016



The Republic of Karelia Foreign Trade in 2015


In 2015 The Republic of Karelia foreign trade volume decreased by 31% and reached 0.8 billion USD compared to 1.2 billion USD in 2014.


Imports to The Republic of Karelia fell by 30% to 0.14 billion USD while exports from The Republic of Karelia fell by 31% to 0.68 billion USD (see Figure 1).



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

Figure 1. The Republic of Karelia Foreign trade, Exports and Imports, billion USD, 2015.png




The Republic of Karelia Imports


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


▪ Engineering products (36%)

▪ Chemical products, rubber (22%)

▪ Food Products and raw materials (20%)

▪ Wood and pulp and paper products (16%)

▪ Metals and products from them (2%)

▪ Textiles, textile products and footwear (1%)

▪ Mineral products (1%)



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

Figure 2. Structure of The Republic of Karelia Imports in 2015.png




Table 1. Key products imported to The Republic of Karelia 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

$48,922

36%

28-40

Chemical products, rubber

$30,133

22%

01-24

Food Products and raw materials

$27,545

20%

44-49

Wood and pulp and paper products

$22,415

16%

72-83

Metals and products from them

$3,059

2%

50-67

Textiles, textile products and footwear

$1,584

1%

25-27

Mineral products

$937

1%

41-43

Tanning raw materials, furs and products

$6

0.004%


Other products

$2,416

2%



The Republic of Karelia Exports



The Republic of Karelia primarily exports the following products (see Figure 3, Table 2):


▪ Wood and pulp and paper products (47%)

▪ Mineral products (42%)

▪ Food Products and raw materials (6%)

▪ Engineering products (2%)

▪ Chemical products, rubber (1%)

▪ Metals and products from them (1%)



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

Figure 3. Structure of The Republic of Karelia Exports, 2015.png




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


Product HS Code

Product Type

Volume, 2015, USD thousand

Share in total product exports, %

44-49

Wood and pulp and paper products

$317,390

47%

25-27

Mineral products

$288,490

42%

01-24

Food Products and raw materials

$38,648

6%

84-90

Engineering products

$12,034

2%

28-40

Chemical products, rubber

$9,047

1%

72-83

Metals and products from them

$7,898

1%

50-67

Textiles, textile products and footwear

$2

0.00%


Other products

$5,502

1%


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