Russian foreign trade
reports and reviews

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

Russia's Trade with Trinidad and Tobago

In the 1st quarter of 2016, Russia's trade with Trinidad and Tobago totaled $84,975,978, up 11,125.61% ($84,218,995) from the 1st quarter of 2015.

Russia's exports to Trinidad and Tobago in the 1st quarter of 2016 totaled $84,953,429, up 11,212.18% ($84,202,438) from the 1st quarter of 2015.

Russia's imports from Trinidad and Tobago in the 1st quarter of 2016 totaled $22,549, up 276.32% ($16,557) from the 1st quarter of 2015.

Russia's trade surplus with Trinidad and Tobago in the 1st quarter of 2016 was $84,930,880, a 11,300.13% increase ($84,185,881) over the 1st quarter of 2015.

Trinidad and Tobago was Russia's 79th largest trading partner in the 1st quarter of 2016 (up from 157th in the 1st quarter of 2015), accounting for 0.087% of Russia's total trade (up from 0.001% in the 1st quarter of 2015).

Trinidad and Tobago was Russia's 66th largest export market in the 1st quarter of 2016 (up from 143rd in the 1st quarter of 2015), accounting for 0.138% of Russia's total exports (up from 0.001% in the 1st quarter of 2015).

Trinidad and Tobago was Russia's 156th largest supplier in the 1st quarter of 2016 (up from 168th in the 1st quarter of 2015), accounting for 0.00006% of Russia's total imports (up from 0.00001% in the 1st quarter of 2015).

Russia's Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago 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) - 99.87% of Russia's total exports to Trinidad and Tobago (0.00% in the 1st quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 0.06% of Russia's total exports to Trinidad and Tobago (3.49% in the 1st quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 0.02% of Russia's total exports to Trinidad and Tobago (50.87% in the 1st quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.01% of Russia's total exports to Trinidad and Tobago (45.40% in the 1st quarter of 2015).

The largest gains in Russia's exports to Trinidad and Tobago 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 $84,839,060.

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

  • Iron and steel (HS code 72) - a decrease of $330,872;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $315,713.
Russia's exports to Trinidad and Tobago in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q1 2016,
US dollars ($)
Percent share
in total export
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 84,839,060 99.87
29 Organic chemicals 36,484 0.04
39 Plastics and articles thereof 3,556 0.00
40 Rubber and articles thereof 1,640 0.00
44 Wood and articles of wood; wood charcoal 0 0.00 -100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 48,470 0.06
69 Ceramic products 1,421 0.00 -22.14
72 Iron and steel 0 0.00 -100.00
73 Articles of iron or steel 14,387 0.02 -65.59
74 Copper and articles thereof 1,177 0.00
75 Nickel and articles thereof 1,730 0.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0 0.00 -100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 564 0.00 -97.22
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 4,940 0.01 -98.46

Russia's Imports from Trinidad and Tobago

The major share of Russian imports from Trinidad and Tobago 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) - 86.53% of Russia's total imports from Trinidad and Tobago (100.00% in the 1st quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 11.22% of Russia's total imports from Trinidad and Tobago (0.00% in the 1st quarter of 2015);
  • Chemical products (HS codes 28-40) - 2.13% of Russia's total imports from Trinidad and Tobago (0.00% in the 1st quarter of 2015).

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

  • Beverages, spirits and vinegar (HS code 22) - an increase of $13,519;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $2,209;
  • Plastics and articles thereof (HS code 39) - an increase of $481;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $322.

The largest declines in Russia's imports from Trinidad and Tobago 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 imports from Trinidad and Tobago 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 19,511 86.53 225.62
39 Plastics and articles thereof 481 2.13
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 26 0.12
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 322 1.43
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,209 9.80
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Russian foreign trade statistics
Source: Federal Customs Service of Russia