Russian foreign trade
reports and reviews

Russian trade with Trinidad and Tobago in 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 2016: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In 2016, Russia’s trade with Trinidad and Tobago totaled $728,847,068, up 193.03% ($480,122,245) from 2015.

Russia’s exports to Trinidad and Tobago in 2016 totaled $728,546,872, up 193.48% ($480,298,619) from 2015.

Russia’s imports from Trinidad and Tobago in 2016 were $300,196, down 37.01% ($176,374) from 2015.

Russia’s trade surplus with Trinidad and Tobago in 2016 was $728,246,676, a 193.92% increase ($480,474,993) over 2015.

Trinidad and Tobago was Russia’s 67th largest trading partner in 2016 (up from 91st in 2015), accounting for 0.1558% of Russia’s total trade (up from 0.0473% in 2015).

Trinidad and Tobago was Russia’s 54th largest export market in 2016 (up from 78th in 2015), accounting for 0.2552% of Russia’s total exports (up from 0.0722% in 2015).

Trinidad and Tobago was Russia’s 156th largest supplier in 2016 (down from 153rd in 2015), accounting for 0.0002% of Russia’s total imports (down from 0.0003% in 2015).

Russia’s Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago in 2016 (and in 2015) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 99.90% of Russia’s total exports to Trinidad and Tobago (99.22% in 2015).

The largest gains in Russia’s exports to Trinidad and Tobago in 2016 over 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 $481,519,098.

The largest declines in Russia’s exports to Trinidad and Tobago in 2016 over 2015 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s exports to Trinidad and Tobago in 2016 by product groups
HS
code
Name of product group Value of exports
in 2016,
US dollars ($)
Percent share in total export Value of exports
in 2015,
US dollars ($)
Percent change
in 2016
over 2015
22 Beverages, spirits and vinegar 1,500 0.00 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 727,836,990 99.90 246,317,892195.49
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4,352 0.00 0
29 Organic chemicals 36,484 0.01 0
39 Plastics and articles thereof 3,628 0.00 3111,603.23
40 Rubber and articles thereof 1,641 0.00 502226.89
44 Wood and articles of wood; wood charcoal 0 0.00 26,205-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 65,237 0.01 34,02491.74
69 Ceramic products 52,093 0.01 3,6501,327.21
72 Iron and steel 0 0.00 650,422-100.00
73 Articles of iron or steel 65,712 0.01 50,94029.00
74 Copper and articles thereof 1,647 0.00 0
75 Nickel and articles thereof 1,730 0.00 0
81 Other base metals; cermets; articles thereof 0 0.00 108-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 6,707 0.00 9,348-28.25
83 Miscellaneous articles of base metal 1,504 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 452,648 0.06 587,894-23.01
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 7,999 0.00 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 4,940 0.00 567,237-99.13
95 Toys, games and sports requisites; parts and accessories thereof 2,060 0.00 0

Russia’s Imports from Trinidad and Tobago

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

  • Food products and agricultural raw materials (HS codes 01-24) - 90.95% of Russia’s total imports from Trinidad and Tobago (22.68% in 2015);
  • Chemical products (HS codes 28-40) - 6.47% of Russia’s total imports from Trinidad and Tobago (0.73% in 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.50% of Russia’s total imports from Trinidad and Tobago (16.40% in 2015);
  • Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total imports from Trinidad and Tobago (60.18% in 2015).

The largest gains in Russia’s imports from Trinidad and Tobago in 2016 over 2015 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - an increase of $168,885;
  • Plastics and articles thereof (HS code 39) - an increase of $15,940;
  • 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 $1,079.

The largest declines in Russia’s imports from Trinidad and Tobago in 2016 over 2015 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - a decrease of $286,794;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $68,262;
  • Cocoa and cocoa preparations (HS code 18) - a decrease of $3,963;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $3,804.
Russia’s imports from Trinidad and Tobago in 2016 by product groups
HS
code
Name of product group Value of imports in 2016,
US dollars ($)
Percent share in total import Value of imports in 2015,
US dollars ($)
Percent change
in 2016
over 2015
18 Cocoa and cocoa preparations 0 0.00 3,963-100.00
22 Beverages, spirits and vinegar 273,031 90.95 104,146162.16
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 2 0.00 0
39 Plastics and articles thereof 19,430 6.47 3,490456.73
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 227 0.08 63,683.33
73 Articles of iron or steel 0 0.00 286,794-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 68,262-100.00
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 1,959 0.65 880122.61
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 322 0.11 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5,225 1.74 9,029-42.13

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Russian foreign trade statistics
Source: Federal Customs Service of Russia