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Russian foreign trade
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Russian trade with Jamaica in the 4th 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 Jamaica in the fourth quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Jamaica

In the 4th quarter of 2016, Russia’s trade with Jamaica was $25,320,389, down 16.57% ($5,028,899) from the 4th quarter of 2015.

Russia’s exports to Jamaica in the 4th quarter of 2016 totaled $721,890, up 165.68% ($450,179) from the 4th quarter of 2015.

Russia’s imports from Jamaica in the 4th quarter of 2016 were $24,598,499, down 18.22% ($5,479,078) from the 4th quarter of 2015.

Russia’s trade deficit with Jamaica in the 4th quarter of 2016 was $23,876,609, a 19.89% decrease ($5,929,257) over the 4th quarter of 2015.

Jamaica was Russia’s 114th largest trading partner in the 4th quarter of 2016 (down from 112th in the 4th quarter of 2015), accounting for 0.0186% of Russia’s total trade (down from 0.0232% in the 4th quarter of 2015).

Jamaica was Russia’s 154th largest export market in the 4th quarter of 2016 (up from 164th in the 4th quarter of 2015), accounting for 0.0009% of Russia’s total exports (up from 0.0003% in the 4th quarter of 2015).

Jamaica was Russia’s 87th largest supplier in the 4th quarter of 2016 (down from 76th in the 4th quarter of 2015), accounting for 0.0469% of Russia’s total imports (down from 0.0622% in the 4th quarter of 2015).

Russia’s Exports to Jamaica

The major share of Russian exports to Jamaica in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 100.00% of Russia’s total exports to Jamaica (99.81% in the 4th quarter of 2015).

The largest gains in Russia’s exports to Jamaica in the 4th quarter of 2016 over the 4th 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 $450,686.

The largest declines in Russia’s exports to Jamaica in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s exports to Jamaica in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q4 2016,
US dollars ($)
Percent share in total export Value of exports
in Q4 2015,
US dollars ($)
Percent change
in Q4 2016
over Q4 2015
22 Beverages, spirits and vinegar 0 0.00 504-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 721,890 100.00 271,204166.18
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 0 0.00 3-100.00

Russia’s Imports from Jamaica

The major share of Russian imports from Jamaica in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 99.59% of Russia’s total imports from Jamaica (99.63% in the 4th quarter of 2015).

The largest gains in Russia’s imports from Jamaica in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in Russia’s imports from Jamaica in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $5,466,348.
Russia’s imports from Jamaica in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q4 2016,
US dollars ($)
Percent share in total import Value of imports in Q4 2015,
US dollars ($)
Percent change
in Q4 2016
over Q4 2015
22 Beverages, spirits and vinegar 99,975 0.41 112,705-11.29
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 24,498,524 99.59 29,964,872-18.24
Russian foreign trade statistics
Source: Federal Customs Service of Russia