Russian trade with Trinidad and Tobago in 2012
based on data from the Federal Customs Service of Russia
Russia’s Trade with Trinidad and Tobago
In 2012, Russia’s trade with Trinidad and Tobago was $184,885,750, down 55.93% ($234,665,867) from 2011.
Russia’s exports to Trinidad and Tobago in 2012 were $182,861,032, down 56.39% ($236,446,746) from 2011.
Russia’s imports from Trinidad and Tobago in 2012 totaled $2,024,718, up 730.35% ($1,780,879) from 2011.
Russia’s trade surplus with Trinidad and Tobago in 2012 was $180,836,314, a 56.85% decrease ($238,227,625) over 2011.
Trinidad and Tobago was Russia’s 100th largest trading partner in 2012 (down from 84th in 2011), accounting for 0.0220% of Russia’s total trade (down from 0.0510% in 2011).
Trinidad and Tobago was Russia’s 89th largest export market in 2012 (down from 72nd in 2011), accounting for 0.0348% of Russia’s total exports (down from 0.0811% in 2011).
Trinidad and Tobago was Russia’s 139th largest supplier in 2012 (up from 160th in 2011), accounting for 0.0006% of Russia’s total imports (up from 0.0001% in 2011).
Russia’s Exports to Trinidad and Tobago
The major share of Russian exports to Trinidad and Tobago in 2012 (and in 2011) was accounted for the following product types:
- Mineral products (HS codes 25-27) - 98.74% of Russia’s total exports to Trinidad and Tobago (99.81% in 2011);
- Metals and products from them (HS codes 72-83) - 1.09% of Russia’s total exports to Trinidad and Tobago (0.16% in 2011).
The largest gains in Russia’s exports to Trinidad and Tobago in 2012 over 2011 were recorded for the following product groups:
- Iron and steel (HS code 72) - an increase of $1,327,664.
The largest declines in Russia’s exports to Trinidad and Tobago in 2012 over 2011 were recorded for the following product groups:
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $237,939,347.
| HS code |
Name of product group | Value of exports in 2012, US dollars ($) |
Percent share in total export | Value of exports in 2011, US dollars ($) |
Percent change in 2012 over 2011 |
|---|---|---|---|---|---|
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 180,553,099 | 98.74 | 418,492,446 | -56.86 |
| 40 | Rubber and articles thereof | 0 | 0.00 | 410 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 86,737 | 0.05 | 72,322 | 19.93 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 26,540 | 0.01 | 65,884 | -59.72 |
| 69 | Ceramic products | 0 | 0.00 | 1,684 | -100.00 |
| 72 | Iron and steel | 1,991,681 | 1.09 | 664,017 | 199.94 |
| 73 | Articles of iron or steel | 2,439 | 0.00 | 1,435 | 69.97 |
| 74 | Copper and articles thereof | 1,530 | 0.00 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 1,310 | 0.00 | 1,327 | -1.28 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 183,832 | 0.10 | 8,253 | 2,127.46 |
| 85 | Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | 5,521 | 0.00 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 8,343 | 0.00 | 0 | ∞ |
Russia’s Imports from Trinidad and Tobago
The major share of Russian imports from Trinidad and Tobago in 2012 (and in 2011) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 82.18% of Russia’s total imports from Trinidad and Tobago (40.15% in 2011);
- Food products and agricultural raw materials (HS codes 01-24) - 13.54% of Russia’s total imports from Trinidad and Tobago (48.68% in 2011);
- Metals and products from them (HS codes 72-83) - 2.30% of Russia’s total imports from Trinidad and Tobago (0.00% in 2011);
- Machinery, equipment and vehicles (HS codes 84-90) - 1.29% of Russia’s total imports from Trinidad and Tobago (11.17% in 2011).
The largest gains in Russia’s imports from Trinidad and Tobago in 2012 over 2011 were recorded for the following product groups:
- Organic chemicals (HS code 29) - an increase of $1,555,487;
- Beverages, spirits and vinegar (HS code 22) - an increase of $155,382;
- Articles of iron or steel (HS code 73) - an increase of $46,641;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $14,040;
- Pharmaceutical products (HS code 30) - an increase of $10,448.
The largest declines in Russia’s imports from Trinidad and Tobago in 2012 over 2011 were recorded for the following product groups:
- No product groups with a substantial decrease.
| HS code |
Name of product group | Value of imports in 2012, US dollars ($) |
Percent share in total import | Value of imports in 2011, US dollars ($) |
Percent change in 2012 over 2011 |
|---|---|---|---|---|---|
| 22 | Beverages, spirits and vinegar | 274,093 | 13.54 | 118,711 | 130.89 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 14,040 | 0.69 | 0 | ∞ |
| 29 | Organic chemicals | 1,650,230 | 81.50 | 94,743 | 1,641.80 |
| 30 | Pharmaceutical products | 13,607 | 0.67 | 3,159 | 330.74 |
| 73 | Articles of iron or steel | 46,641 | 2.30 | 0 | ∞ |
| 85 | Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | 62 | 0.00 | 0 | ∞ |
| 86 | Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds | 0 | 0.00 | 3,421 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 26,045 | 1.29 | 23,805 | 9.41 |