Russian foreign trade
reports and reviews

Russian trade with Puerto Rico in the 2nd 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 Puerto Rico in the second quarter of 2016: exports, imports, products, dynamics.

Russia's Trade with Puerto Rico

In the 2nd quarter of 2016, Russia's trade with Puerto Rico totaled $56,157,826, up 77.12% ($24,452,229) from the 2nd quarter of 2015.

Russia's exports to Puerto Rico in the 2nd quarter of 2016 totaled $21,417,626, up 14,386.25% ($21,269,778) from the 2nd quarter of 2015.

Russia's imports from Puerto Rico in the 2nd quarter of 2016 totaled $34,740,200, up 10.08% ($3,182,451) from the 2nd quarter of 2015.

Russia's trade deficit with Puerto Rico in the 2nd quarter of 2016 was $13,322,574, a 57.58% decrease ($18,087,327) over the 2nd quarter of 2015.

Puerto Rico was Russia's 88th largest trading partner in the 2nd quarter of 2016 (up from 107th in the 2nd quarter of 2015), accounting for 0.0516% of Russia's total trade (up from 0.0233% in the 2nd quarter of 2015).

Puerto Rico was Russia's 92nd largest export market in the 2nd quarter of 2016 (up from 172nd in the 2nd quarter of 2015), accounting for 0.0322% of Russia's total exports (up from 0.0002% in the 2nd quarter of 2015).

Puerto Rico was Russia's 73rd largest supplier in the 2nd quarter of 2016 (down from 72nd in the 2nd quarter of 2015), accounting for 0.0820% of Russia's total imports (up from 0.0705% in the 2nd quarter of 2015).

Russia's Exports to Puerto Rico

The major share of Russian exports to Puerto Rico in the 2nd quarter of 2016 (and in the 2nd quarter of 2015) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 97.84% of Russia's total exports to Puerto Rico (0.00% in the 2nd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.13% of Russia's total exports to Puerto Rico (0.00% in the 2nd quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 0.00% of Russia's total exports to Puerto Rico (100.00% in the 2nd quarter of 2015).

The largest gains in Russia's exports to Puerto Rico in the 2nd quarter of 2016 over the 2nd 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 $20,954,757;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $456,974.

The largest declines in Russia's exports to Puerto Rico in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $147,848.
Russia's exports to Puerto Rico in the 2nd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q2 2016,
US dollars ($)
Percent share in total export Value of exports
in Q2 2015,
US dollars ($)
Percent change
in Q2 2016
over Q2 2015
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 20,954,757 97.84 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 147,848-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 456,974 2.13 0
95 Toys, games and sports requisites; parts and accessories thereof 5,895 0.03 0

Russia's Imports from Puerto Rico

The major share of Russian imports from Puerto Rico in the 2nd quarter of 2016 (and in the 2nd quarter of 2015) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 91.32% of Russia's total imports from Puerto Rico (96.50% in the 2nd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 8.26% of Russia's total imports from Puerto Rico (2.68% in the 2nd quarter of 2015).

The largest gains in Russia's imports from Puerto Rico in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $2,309,892;
  • Pharmaceutical products (HS code 30) - an increase of $1,624,505;
  • 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 $108,223.

The largest declines in Russia's imports from Puerto Rico in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $393,304;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $223,489;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $202,639;
  • Miscellaneous chemical products (HS code 38) - a decrease of $147,685.
Russia's imports from Puerto Rico in the 2nd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q2 2016,
US dollars ($)
Percent share in total import Value of imports in Q2 2015,
US dollars ($)
Percent change
in Q2 2016
over Q2 2015
08 Edible fruit and nuts; peel of citrus fruit or melons 9,954 0.03 0
22 Beverages, spirits and vinegar 37,354 0.11 239,993-84.44
30 Pharmaceutical products 31,567,062 90.87 29,942,5575.43
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 156,041 0.45 139,68411.71
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 223,489-100.00
38 Miscellaneous chemical products 204 0.00 147,889-99.86
39 Plastics and articles thereof 35 0.00 108-67.59
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 99,068 0.29 19,238414.96
73 Articles of iron or steel 880 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 73,164 0.21 466,468-84.32
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 181,284 0.52 73,061148.13
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,615,154 7.53 305,262756.69
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Russian foreign trade statistics
Source: Federal Customs Service of Russia