Lowest historical share of Russian shadow import of imported goods is fixed in 2007

 

Actuality January 16, 2008

   In 2007 the volume of illegal import totaled 16,1 % from official one, if compared to the statistics of

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the Federal Customs Service with the Central Bank data.

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Th is

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is the record level in the newest history of Russia.

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In 1996 unrecorded import reached 44,7 % from official one, in 2005 – 29 %, and in 2006 – 20,7 %.

   Statistics of the Federal Customs Service covers 11 months of 2007 during which the imported goods were declared for $177,4 billion, that is by $56,6 billion more than for the similar period of 2006. If take into account that the average annual growth rate remained in December, for a year the import will make about $196 billion, and annual growth totaled $58,3 billion. According to the Central Bank, in 2007 there were actually imported goods for $225,3 billion, and annual growth totaled $60,6 billion – a little more than growth of import

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of declared goods.

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In the whole declared import grew by 47 % during 11 months, and actual import of goods including illegal import grew by 37 %.

   It appears that volume of shadow import has not almost changed – $29,3 billion. According to the Central Bank, in 2006 unrecorded goods were imported for $28,5 billion. Central Bank estimates volumes of shadow import by spread of volume of retail trade goods and internal domestic production and by official import.

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   This year import grows at record rates, as the research manager of Economic Expert Group Evsej Gurvich says, and the main reason is the fast growth of internal dem

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and.

   Trading liberalization also helped: duties on upgrade kit and a number of other goods are essentially lowered, adds the chief economist of Deutsche Bank in Russia Yaroslav Lisovolik.

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   Among the goods bought in the far abroad countries (only $150,4 billion), 54 % fell on cars and the equipment – by 3,6 percentage points more than in 2006.

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Import of cars has essentially grown by 55,2 % and trucks – 2,2 times.

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   The market of electronics is historically considered to be illegal, but now it is one of the most legal, rejoices Anton Guskov, the PR-manager of the Association of trading companies and manufacturers of consumer electronic and computer equipment (RATEK). According to RATEK, in 2006 100 % of cell-phones and 70 % of LCD-TV-sets were imported legally, problems remained with laptops (48 %) and both photo and video cameras (21 %). But in 2007 the situation is better: duties on digital cameras and computer accessories were zeroed, Guskov notes, and there are no problems with large household appliances.

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   The share of the foodstuffs and production of the chemical industry has slightly decreased by 13,7 % and 14,5 % respectively. But the cost volumes have grown: products of the chemical industry – by 28,4 %, medicines – by 12,6 %. Physical volumes of import of the foodstuffs have grown also: fish – by 26,3 %, coffee – by for 22,3 %, raw sugar – by 38,9 %, meat – by for 8,9 %.

   The share of metals and metal work in import has not almost changed – 5,6 % (in 2006 – 5,1 %), their cost volumes have grown by 69,4 %.

   The considerable growth was shown the import from the Asian countries: from China – by 91,7 %, from Vietnam – by 53,2 %, from Indonesia – by 63,2 %, from Malaysia – by 68,8 %, from Turkey – by 61,4 %. The part of growth is caused by direct increase of import, Lisovolik notes: the countries of Asia are more adhered to dollar, and in 2007 it weakened against ruble to 7 %, another part of growth is a consequence of import whitewash.

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   EU share in the foreign trade turnover of Russia has reduced from 54,8 % to 51,5 %, the share of the CIS grew from 14,8 % to 15 %. Goods turnover with China grew by 40,8 %, it took the third place among economic partners of Russia.

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