Russian foreign trade
reports and reviews

Russian trade with Trinidad and Tobago in 2012

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Trinidad and Tobago in 2012: exports, imports, products, dynamics.

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 $237,939,347.
Russia’s exports to Trinidad and Tobago in 2012 by product groups
HS
code
Name of product group Value of exports
in 2012,
US dollars ($)
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 72,32219.93
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 1.09 664,017199.94
73 Articles of iron or steel 2,439 0.00 1,43569.97
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 8,2532,127.46
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.
Russia’s imports from Trinidad and Tobago in 2012 by product groups
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 13.54 118,711130.89
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 94,7431,641.80
30 Pharmaceutical products 13,607 0.67 3,159330.74
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 23,8059.41
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Russian foreign trade statistics
Source: Federal Customs Service of Russia