Russian foreign trade
reports and reviews

Russian trade with Nicaragua 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 Nicaragua in the first quarter of 2016: exports, imports, products, dynamics.

Russia's Trade with Nicaragua

In the 1st quarter of 2016, Russia's trade with Nicaragua was $8,977,263, down 16.98% ($1,835,875) from the 1st quarter of 2015.

Russia's exports to Nicaragua in the 1st quarter of 2016 were $8,015,980, down 12.01% ($1,094,593) from the 1st quarter of 2015.

Russia's imports from Nicaragua in the 1st quarter of 2016 were $961,283, down 43.54% ($741,282) from the 1st quarter of 2015.

Russia's trade surplus with Nicaragua in the 1st quarter of 2016 was $7,054,697, a 4.77% decrease ($353,311) over the 1st quarter of 2015.

Nicaragua was Russia's 124th largest trading partner in the 1st quarter of 2016 (down from 123rd in the 1st quarter of 2015), accounting for 0.0092% of Russia's total trade (up from 0.0082% in the 1st quarter of 2015).

Nicaragua was Russia's 113th largest export market in the 1st quarter of 2016 (just as in the 1st quarter of 2015), accounting for 0.0131% of Russia's total exports (up from 0.0101% in the 1st quarter of 2015).

Nicaragua was Russia's 122nd largest supplier in the 1st quarter of 2016 (down from 117th in the 1st quarter of 2015), accounting for 0.0027% of Russia's total imports (down from 0.0041% in the 1st quarter of 2015).

Russia's Exports to Nicaragua

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

  • Food products and agricultural raw materials (HS codes 01-24) - 68.91% of Russia's total exports to Nicaragua (95.50% in the 1st quarter of 2015);
  • Chemical products (HS codes 28-40) - 27.69% of Russia's total exports to Nicaragua (1.56% in the 1st quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.41% of Russia's total exports to Nicaragua (2.75% in the 1st quarter of 2015).

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

  • Fertilizers (HS code 31) - an increase of $2,178,067;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $66,703.

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

  • Cereals (HS code 10) - a decrease of $3,176,827;
  • Rubber and articles thereof (HS code 40) - a decrease of $100,722;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $34,489.
Russia's exports to Nicaragua in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q1 2016,
US dollars ($)
Percent share
in total export
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
10 Cereals 5,523,579 68.91 -36.51
31 Fertilizers 2,178,067 27.17
39 Plastics and articles thereof 0 0.00 -100.00
40 Rubber and articles thereof 41,334 0.52 -70.90
70 Glass and glassware 0 0.00 -100.00
73 Articles of iron or steel 0 0.00 -100.00
83 Miscellaneous articles of base metal 0 0.00 -100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 -100.00
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 0 0.00 -100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 273,000 3.41 32.33
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 -100.00
SS Classified 0 0.00 -100.00

Russia's Imports from Nicaragua

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

  • Food products and agricultural raw materials (HS codes 01-24) - 96.01% of Russia's total imports from Nicaragua (98.94% in the 1st quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.44% of Russia's total imports from Nicaragua (0.83% in the 1st quarter of 2015).

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

  • Coffee, tea, maté and spices (HS code 09) - an increase of $617,067;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $12,002;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $7,983.

The largest declines in Russia's imports from Nicaragua in the 1st quarter of 2016 over the 1st quarter of 2015 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 $1,021,358;
  • Meat and edible meat offal (HS code 02) - a decrease of $346,484;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $13,892.
Russia's imports from Nicaragua in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of imports
in Q1 2016,
US dollars ($)
Percent share
in total import
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
02 Meat and edible meat offal 70,807 7.37 -83.03
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 162 0.02
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 -100.00
09 Coffee, tea, maté and spices 741,974 77.19 494.02
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 107,000 11.13 -90.52
17 Sugars and sugar confectionery 2,073 0.22
22 Beverages, spirits and vinegar 923 0.10
39 Plastics and articles thereof 3 0.00
61 Articles of apparel and clothing accessories, knitted or crocheted 17,568 1.83 215.63
62 Articles of apparel and clothing accessories, not knitted or crocheted 15,495 1.61 106.27
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0 0.00 -100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 528 0.05
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 4,639 0.48 14.06
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 111 0.01
Share the publication on:

Reports and reviews archive

2018 г.:JanFebMarAprMay
2017 г.:JanFebMarAprMayJunJulAugSepOctNovDec
2016 г.:JanFebMarAprMayJunJulAugSepOctNovDec
Russian foreign trade statistics
Source: Federal Customs Service of Russia