Russian foreign trade
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Russian trade with Puerto Rico 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 Puerto Rico in the fourth quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Puerto Rico

In the 4th quarter of 2016, Russia’s trade with Puerto Rico totaled $62,738,047, up 94.47% ($30,476,706) from the 4th quarter of 2015.

Russia’s exports to Puerto Rico in the 4th quarter of 2016 totaled $22,390,375, up 120,824.47% ($22,371,859) from the 4th quarter of 2015.

Russia’s imports from Puerto Rico in the 4th quarter of 2016 totaled $40,347,672, up 25.14% ($8,104,847) from the 4th quarter of 2015.

Russia’s trade deficit with Puerto Rico in the 4th quarter of 2016 was $17,957,297, a 44.27% decrease ($14,267,012) over the 4th quarter of 2015.

Puerto Rico was Russia’s 95th largest trading partner in the 4th quarter of 2016 (up from 109th in the 4th quarter of 2015), accounting for 0.0460% of Russia’s total trade (up from 0.0247% in the 4th quarter of 2015).

Puerto Rico was Russia’s 99th largest export market in the 4th quarter of 2016 (up from 179th in the 4th quarter of 2015), accounting for 0.0267% of Russia’s total exports (up from 0.0000% in the 4th quarter of 2015).

Puerto Rico was Russia’s 73rd largest supplier in the 4th quarter of 2016 (up from 75th in the 4th quarter of 2015), accounting for 0.0770% of Russia’s total imports (up from 0.0667% in the 4th quarter of 2015).

Russia’s Exports to Puerto Rico

The major share of Russian exports to Puerto Rico 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) - 94.70% of Russia’s total exports to Puerto Rico (0.00% in the 4th quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 5.30% of Russia’s total exports to Puerto Rico (0.00% in the 4th quarter of 2015);
  • Chemical products (HS codes 28-40) - 0.00% of Russia’s total exports to Puerto Rico (100.00% in the 4th quarter of 2015).

The largest gains in Russia’s exports to Puerto Rico 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 $21,204,144;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1,186,231.

The largest declines in Russia’s exports to Puerto Rico 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 Puerto Rico 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
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 21,204,144 94.70 0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0 0.00 18,516-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,186,231 5.30 0

Russia’s Imports from Puerto Rico

The major share of Russian imports from Puerto Rico 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) - 92.99% of Russia’s total imports from Puerto Rico (93.17% in the 4th quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 6.27% of Russia’s total imports from Puerto Rico (6.14% in the 4th quarter of 2015).

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

  • Pharmaceutical products (HS code 30) - an increase of $8,041,746;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,275,975.

The largest declines in Russia’s imports from Puerto Rico in the 4th quarter of 2016 over the 4th 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 $617,219;
  • Organic chemicals (HS code 29) - a decrease of $473,316;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $158,858.
Russia’s imports from Puerto Rico in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q4 2016,
US dollars ($)
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 94,059 0.23 169,968-44.66
29 Organic chemicals 751 0.00 474,067-99.84
30 Pharmaceutical products 37,380,568 92.65 29,338,82227.41
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 67,738 0.17 226,596-70.11
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 65,140 0.16 0
38 Miscellaneous chemical products 129 0.00 591-78.17
39 Plastics and articles thereof 6,028 0.01 1,553288.15
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 140,633 0.35 52,224169.29
73 Articles of iron or steel 561 0.00 248126.21
81 Other base metals; cermets; articles thereof 63,282 0.16 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 30,609 0.08 647,828-95.28
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 11,915 0.03 120,644-90.12
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,486,259 6.16 1,210,284105.43
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Russian foreign trade statistics
Source: Federal Customs Service of Russia