Russian trade with Montenegro in the 1st quarter of 2016
based on data from the Federal Customs Service of Russia
Russia's Trade with Montenegro
In the 1st quarter of 2016, Russia's trade with Montenegro was $6,944,651, down 6.04% ($446,706) from the 1st quarter of 2015.
Russia's exports to Montenegro in the 1st quarter of 2016 were $5,948,924, down 9.68% ($637,357) from the 1st quarter of 2015.
Russia's imports from Montenegro in the 1st quarter of 2016 totaled $995,727, up 23.68% ($190,651) from the 1st quarter of 2015.
Russia's trade surplus with Montenegro in the 1st quarter of 2016 was $4,953,197, a 14.32% decrease ($828,008) over the 1st quarter of 2015.
Montenegro was Russia's 130th largest trading partner in the 1st quarter of 2016 (down from 128th in the 1st quarter of 2015), accounting for 0.0071% of Russia's total trade (up from 0.0056% in the 1st quarter of 2015).
Montenegro was Russia's 120th largest export market in the 1st quarter of 2016 (down from 118th in the 1st quarter of 2015), accounting for 0.0097% of Russia's total exports (up from 0.0073% in the 1st quarter of 2015).
Montenegro was Russia's 121st largest supplier in the 1st quarter of 2016 (up from 130th in the 1st quarter of 2015), accounting for 0.0028% of Russia's total imports (up from 0.0019% in the 1st quarter of 2015).
Russia's Exports to Montenegro
The major share of Russian exports to Montenegro in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:
- Metals and products from them (HS codes 72-83) - 91.96% of Russia's total exports to Montenegro (94.83% in the 1st quarter of 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 3.39% of Russia's total exports to Montenegro (0.28% in the 1st quarter of 2015);
- Mineral products (HS codes 25-27) - 2.21% of Russia's total exports to Montenegro (2.08% in the 1st quarter of 2015);
- Machinery, equipment and vehicles (HS codes 84-90) - 1.54% of Russia's total exports to Montenegro (0.87% in the 1st quarter of 2015);
- Wood and wood products (HS codes 44-49) - 0.00% of Russia's total exports to Montenegro (1.63% in the 1st quarter of 2015).
The largest gains in Russia's exports to Montenegro in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $146,581;
- Miscellaneous edible preparations (HS code 21) - an increase of $52,954;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $49,061.
The largest declines in Russia's exports to Montenegro in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - a decrease of $761,830;
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $107,508;
- 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 $24,883;
- Miscellaneous articles of base metal (HS code 83) - a decrease of $18,765;
- Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $18,144.
HS code |
Name of product group | Value of exports in Q1 2016, US dollars ($) |
Percent share in total export in Q1 2016 |
Percent change in Q1 2016 over Q1 2015 |
---|---|---|---|---|
12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 1,736 | 0.03 | ∞ |
15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 344 | 0.01 | -98.14 |
21 | Miscellaneous edible preparations | 52,954 | 0.89 | ∞ |
24 | Tobacco and manufactured tobacco substitutes | 146,581 | 2.46 | ∞ |
27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 131,579 | 2.21 | -4.05 |
29 | Organic chemicals | 4,502 | 0.08 | ∞ |
30 | Pharmaceutical products | 13,419 | 0.23 | ∞ |
33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 476 | 0.01 | ∞ |
39 | Plastics and articles thereof | 10,326 | 0.17 | ∞ |
40 | Rubber and articles thereof | 407 | 0.01 | ∞ |
44 | Wood and articles of wood; wood charcoal | 0 | 0.00 | -100.00 |
57 | Carpets and other textile floor coverings | 196 | 0.00 | ∞ |
63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 10 | 0.00 | ∞ |
69 | Ceramic products | 16,481 | 0.28 | ∞ |
70 | Glass and glassware | 814 | 0.01 | ∞ |
71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 0 | 0.00 | -100.00 |
72 | Iron and steel | 15,965 | 0.27 | 26.99 |
73 | Articles of iron or steel | 699 | 0.01 | ∞ |
74 | Copper and articles thereof | 960 | 0.02 | ∞ |
76 | Aluminum and articles thereof | 5,451,272 | 91.63 | -12.26 |
83 | Miscellaneous articles of base metal | 1,462 | 0.02 | -92.77 |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 67,882 | 1.14 | 260.67 |
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 | 11,598 | 0.19 | -68.21 |
87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 8,774 | 0.15 | ∞ |
90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 3,081 | 0.05 | 54.59 |
91 | Clocks and watches and parts thereof | 219 | 0.00 | ∞ |
94 | Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings | 7,094 | 0.12 | ∞ |
95 | Toys, games and sports requisites; parts and accessories thereof | 2 | 0.00 | -99.98 |
96 | Miscellaneous manufactured articles | 91 | 0.00 | ∞ |
Russia's Imports from Montenegro
The major share of Russian imports from Montenegro in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 62.76% of Russia's total imports from Montenegro (0.62% in the 1st quarter of 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 25.22% of Russia's total imports from Montenegro (78.83% in the 1st quarter of 2015);
- Chemical products (HS codes 28-40) - 0.01% of Russia's total imports from Montenegro (8.15% in the 1st quarter of 2015).
The largest gains in Russia's imports from Montenegro in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $505,352;
- 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) - an increase of $114,606;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $17,809.
The largest declines in Russia's imports from Montenegro 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) - a decrease of $383,473;
- Pharmaceutical products (HS code 30) - a decrease of $65,633.
HS code |
Name of product group | Value of imports in Q1 2016, US dollars ($) |
Percent share in total import in Q1 2016 |
Percent change in Q1 2016 over Q1 2015 |
---|---|---|---|---|
22 | Beverages, spirits and vinegar | 251,136 | 25.22 | -60.43 |
30 | Pharmaceutical products | 0 | 0.00 | -100.00 |
39 | Plastics and articles thereof | 57 | 0.01 | ∞ |
49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 1,388 | 0.14 | ∞ |
68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 117,606 | 11.81 | 17.85 |
73 | Articles of iron or steel | 578 | 0.06 | 1,651.52 |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 506,629 | 50.88 | 39,573.38 |
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 | 118,333 | 11.88 | 3,075.02 |