Russian foreign trade
reports and reviews

Russian trade with Nicaragua in 2015

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Nicaragua in 2015: exports, imports, products, dynamics.

Russia’s Trade with Nicaragua

In 2015, Russia’s trade with Nicaragua was $34,897,651, down 33.26% ($17,394,939) from 2014.

Russia’s exports to Nicaragua in 2015 were $27,118,044, down 10.82% ($3,289,232) from 2014.

Russia’s imports from Nicaragua in 2015 were $7,779,607, down 64.45% ($14,105,707) from 2014.

Russia’s trade surplus with Nicaragua in 2015 was $19,338,437, a 126.92% increase ($10,816,475) over 2014.

Nicaragua was Russia’s 138th largest trading partner in 2015 (down from 130th in 2014), accounting for 0.0066% of Russia’s total trade (down from 0.0067% in 2014).

Nicaragua was Russia’s 128th largest export market in 2015 (down from 125th in 2014), accounting for 0.0079% of Russia’s total exports (up from 0.0061% in 2014).

Nicaragua was Russia’s 120th largest supplier in 2015 (down from 104th in 2014), accounting for 0.0043% of Russia’s total imports (down from 0.0077% in 2014).

Russia’s Exports to Nicaragua

The major share of Russian exports to Nicaragua in 2015 (and in 2014) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 80.97% of Russia’s total exports to Nicaragua (45.52% in 2014);
  • Chemical products (HS codes 28-40) - 13.67% of Russia’s total exports to Nicaragua (13.73% in 2014);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.63% of Russia’s total exports to Nicaragua (37.42% in 2014);
  • Mineral products (HS codes 25-27) - 1.77% of Russia’s total exports to Nicaragua (2.19% in 2014).

The largest gains in Russia’s exports to Nicaragua in 2015 over 2014 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $8,115,627;
  • Fertilizers (HS code 31) - an increase of $148,266.

The largest declines in Russia’s exports to Nicaragua in 2015 over 2014 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $7,412,646;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $2,370,669;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $671,377;
  • Rubber and articles thereof (HS code 40) - a decrease of $569,946;
  • 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 (HS code 85) - a decrease of $211,689;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $185,978.
Russia’s exports to Nicaragua in 2015 by product groups
HS
code
Name of product group Value of exports
in 2015,
US dollars ($)
Percent share in total export Value of exports
in 2014,
US dollars ($)
Percent change
in 2015
over 2014
10 Cereals 21,957,927 80.97 13,842,30058.63
22 Beverages, spirits and vinegar 0 0.00 428-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 479,792 1.77 665,770-27.93
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 42,171 0.16 83,146-49.28
31 Fertilizers 3,074,867 11.34 2,926,6015.07
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 34 0.00 0
38 Miscellaneous chemical products 3,136 0.01 0
39 Plastics and articles thereof 652 0.00 8,496-92.33
40 Rubber and articles thereof 587,245 2.17 1,157,191-49.25
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 43,559 0.16 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 12 0.00 97-87.63
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 35-100.00
70 Glass and glassware 14,695 0.05 5,800153.36
72 Iron and steel 0 0.00 34-100.00
73 Articles of iron or steel 2,741 0.01 52,714-94.80
76 Aluminum and articles thereof 0 0.00 27-100.00
83 Miscellaneous articles of base metal 336 0.00 2,081-83.85
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 56,367 0.21 2,427,036-97.68
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 66,218 0.24 277,907-76.17
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 580,165 2.14 7,992,811-92.74
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 10,407 0.04 681,784-98.47
96 Miscellaneous manufactured articles 0 0.00 48-100.00
97 Works of art, collectors’ pieces and antiques 1,500 0.01 0
SS Classified 196,220 0.72 282 970-30.66

Russia’s Imports from Nicaragua

The major share of Russian imports from Nicaragua in 2015 (and in 2014) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 98.36% of Russia’s total imports from Nicaragua (99.32% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.39% of Russia’s total imports from Nicaragua (0.52% in 2014).

The largest gains in Russia’s imports from Nicaragua in 2015 over 2014 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in Russia’s imports from Nicaragua in 2015 over 2014 were recorded for the following product groups:

  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $6,355,338;
  • Coffee, tea, maté and spices (HS code 09) - a decrease of $4,528,025;
  • Meat and edible meat offal (HS code 02) - a decrease of $2,469,897;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $393,570;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $329,345;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $24,056.
Russia’s imports from Nicaragua in 2015 by product groups
HS
code
Name of product group Value of imports in 2015,
US dollars ($)
Percent share in total import Value of imports in 2014,
US dollars ($)
Percent change
in 2015
over 2014
02 Meat and edible meat offal 1,233,801 15.86 3,703,698-66.69
08 Edible fruit and nuts; peel of citrus fruit or melons 13,892 0.18 22,641-38.64
09 Coffee, tea, maté and spices 1,772,885 22.79 6,300,910-71.86
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 4,436,601 57.03 10,791,939-58.89
22 Beverages, spirits and vinegar 43,072 0.55 436,642-90.14
24 Tobacco and manufactured tobacco substitutes 151,522 1.95 480,867-68.49
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0 0.00 320-100.00
39 Plastics and articles thereof 1,912 0.02 19,388-90.14
40 Rubber and articles thereof 0 0.00 55-100.00
44 Wood and articles of wood; wood charcoal 1,075 0.01 3,278-67.21
61 Articles of apparel and clothing accessories, knitted or crocheted 86,413 1.11 69,26824.75
62 Articles of apparel and clothing accessories, not knitted or crocheted 20,435 0.26 44,491-54.07
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 972 0.01 0
64 Footwear, gaiters and the like; parts of such articles 0 0.00 502-100.00
65 Headgear and parts thereof 0 0.00 83-100.00
73 Articles of iron or steel 20 0.00 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 17,007 0.22 10,67959.26
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 553-100.00

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Russian foreign trade statistics
Source: Federal Customs Service of Russia