Russian foreign trade
reports and reviews

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

Russia's Trade with Trinidad and Tobago

In the 2nd quarter of 2016, Russia's trade with Trinidad and Tobago totaled $202,707,024, up 136.23% ($116,898,929) from the 2nd quarter of 2015.

Russia's exports to Trinidad and Tobago in the 2nd quarter of 2016 totaled $202,668,916, up 136.26% ($116,885,407) from the 2nd quarter of 2015.

Russia's imports from Trinidad and Tobago in the 2nd quarter of 2016 totaled $38,108, up 55.00% ($13,522) from the 2nd quarter of 2015.

Russia's trade surplus with Trinidad and Tobago in the 2nd quarter of 2016 was $202,630,808, a 136.28% increase ($116,871,885) over the 2nd quarter of 2015.

Trinidad and Tobago was Russia's 65th largest trading partner in the 2nd quarter of 2016 (up from 83rd in the 2nd quarter of 2015), accounting for 0.1862% of Russia's total trade (up from 0.0629% in the 2nd quarter of 2015).

Trinidad and Tobago was Russia's 48th largest export market in the 2nd quarter of 2016 (up from 70th in the 2nd quarter of 2015), accounting for 0.3050% of Russia's total exports (up from 0.0937% in the 2nd quarter of 2015).

Trinidad and Tobago was Russia's 161st largest supplier in the 2nd quarter of 2016 (down from 159th in the 2nd quarter of 2015), accounting for 0.0001% of Russia's total imports (0.0001% in the 2nd quarter of 2015).

Russia's Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago 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) - 99.95% of Russia's total exports to Trinidad and Tobago (99.80% in the 2nd quarter of 2015).

The largest gains in Russia's exports to Trinidad and Tobago 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 $116,958,555.

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

  • No such product groups.
Russia's exports to Trinidad and Tobago 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 202,574,670 99.95 85,616,115136.61
39 Plastics and articles thereof 37 0.00 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 181 0.00 0
69 Ceramic products 16,572 0.01 1,825808.05
72 Iron and steel 0 0.00 165,569-100.00
73 Articles of iron or steel 42,368 0.02 0
74 Copper and articles thereof 470 0.00 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 6,707 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 27,911 0.01 0

Russia's Imports from Trinidad and Tobago

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

  • Food products and agricultural raw materials (HS codes 01-24) - 98.00% of Russia's total imports from Trinidad and Tobago (87.46% in the 2nd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.00% of Russia's total imports from Trinidad and Tobago (0.00% in the 2nd quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 0.00% of Russia's total imports from Trinidad and Tobago (12.54% in the 2nd quarter of 2015).

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

  • Beverages, spirits and vinegar (HS code 22) - an increase of $19,807;
  • 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 $761.

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

  • Cocoa and cocoa preparations (HS code 18) - a decrease of $3,963;
  • Articles of iron or steel (HS code 73) - a decrease of $3,083.
Russia's imports from Trinidad and Tobago in the 2nd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q2 2016,
US dollars ($)
Percent share in total import Value of imports in Q2 2015,
US dollars ($)
Percent change
in Q2 2016
over Q2 2015
18 Cocoa and cocoa preparations 0 0.00 3,963-100.00
22 Beverages, spirits and vinegar 37,347 98.00 17,540112.92
73 Articles of iron or steel 0 0.00 3,083-100.00
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 761 2.00 0
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Russian foreign trade statistics
Source: Federal Customs Service of Russia