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Russian trade with Jamaica in the 1st quarter of 2016

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia's foreign trade in goods with Jamaica in the first quarter of 2016: exports, imports, products, dynamics.

Russia's Trade with Jamaica

In the 1st quarter of 2016, Russia's trade with Jamaica was $20,466,848, down 42.17% ($14,927,241) from the 1st quarter of 2015.

Russia's exports to Jamaica in the 1st quarter of 2016 totaled $102,001, up 563.59% ($86,630) from the 1st quarter of 2015.

Russia's imports from Jamaica in the 1st quarter of 2016 were $20,364,847, down 42.44% ($15,013,871) from the 1st quarter of 2015.

Russia's trade deficit with Jamaica in the 1st quarter of 2016 was $20,262,846, a 42.70% decrease ($15,100,501) over the 1st quarter of 2015.

Jamaica was Russia's 111th largest trading partner in the 1st quarter of 2016 (down from 101st in the 1st quarter of 2015), accounting for 0.021% of Russia's total trade (down from 0.027% in the 1st quarter of 2015).

Jamaica was Russia's 171st largest export market in the 1st quarter of 2016 (up from 175th in the 1st quarter of 2015), accounting for 0.00017% of Russia's total exports (up from 0.00002% in the 1st quarter of 2015).

Jamaica was Russia's 83rd largest supplier in the 1st quarter of 2016 (down from 70th in the 1st quarter of 2015), accounting for 0.057% of Russia's total imports (down from 0.084% in the 1st quarter of 2015).

Russia's Exports to Jamaica

The major share of Russian exports to Jamaica in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 98.52% of Russia's total exports to Jamaica (98.61% in the 1st quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.48% of Russia's total exports to Jamaica (1.39% in the 1st quarter of 2015).

The largest gains in Russia's exports to Jamaica in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $85,332;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $1,298.

The largest declines in Russia's exports to Jamaica in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • No such product groups.
Russia's exports to Jamaica in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q1 2016,
US dollars ($)
Percent share
in total export
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
22 Beverages, spirits and vinegar 1,512 1.48 606.54
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 100,489 98.52 562.99

Russia's Imports from Jamaica

The major share of Russian imports from Jamaica in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 99.73% of Russia's total imports from Jamaica (99.94% in the 1st quarter of 2015).

The largest gains in Russia's imports from Jamaica in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • No such product groups.

The largest declines in Russia's imports from Jamaica in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $15,048,884.
Russia's imports from Jamaica in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of imports
in Q1 2016,
US dollars ($)
Percent share
in total import
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
22 Beverages, spirits and vinegar 54,899 0.27 176.07
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 20,309,943 99.73 -42.56
83 Miscellaneous articles of base metal 5 0.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 -100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia