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

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 $18,144.
Russia's exports to Montenegro in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q1 2016,
US dollars ($)
Percent share
in total export
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
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 $65,633.
Russia's imports from Montenegro in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of imports
in Q1 2016,
US dollars ($)
Percent share
in total import
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
22 Beverages, spirits and vinegar 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
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Russian foreign trade statistics
Source: Federal Customs Service of Russia