Russian foreign trade
reports and reviews

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

Russia’s Trade with Trinidad and Tobago

In the 4th quarter of 2016, Russia’s trade with Trinidad and Tobago totaled $189,826,954, up 211.01% ($128,790,550) from the 4th quarter of 2015.

Russia’s exports to Trinidad and Tobago in the 4th quarter of 2016 totaled $189,687,664, up 211.07% ($128,707,975) from the 4th quarter of 2015.

Russia’s imports from Trinidad and Tobago in the 4th quarter of 2016 totaled $139,290, up 145.60% ($82,575) from the 4th quarter of 2015.

Russia’s trade surplus with Trinidad and Tobago in the 4th quarter of 2016 was $189,548,374, a 211.13% increase ($128,625,400) over the 4th quarter of 2015.

Trinidad and Tobago was Russia’s 68th largest trading partner in the 4th quarter of 2016 (up from 92nd in the 4th quarter of 2015), accounting for 0.1393% of Russia’s total trade (up from 0.0467% in the 4th quarter of 2015).

Trinidad and Tobago was Russia’s 58th largest export market in the 4th quarter of 2016 (up from 78th in the 4th quarter of 2015), accounting for 0.2263% of Russia’s total exports (up from 0.0740% in the 4th quarter of 2015).

Trinidad and Tobago was Russia’s 147th largest supplier in the 4th quarter of 2016 (up from 154th in the 4th quarter of 2015), accounting for 0.0003% of Russia’s total imports (up from 0.0001% in the 4th quarter of 2015).

Russia’s Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago 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) - 99.75% of Russia’s total exports to Trinidad and Tobago (98.60% in the 4th quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.22% of Russia’s total exports to Trinidad and Tobago (1.34% in the 4th quarter of 2015).

The largest gains in Russia’s exports to Trinidad and Tobago 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 $129,098,360.

The largest declines in Russia’s exports to Trinidad and Tobago 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 Trinidad and Tobago 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 189,221,564 99.75 60,123,204214.72
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
39 Plastics and articles thereof 0 0.00 31-100.00
40 Rubber and articles thereof 0 0.00 502-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 16,586 0.01 34,024-51.25
69 Ceramic products 20,105 0.01 0
73 Articles of iron or steel 7,324 0.00 7,616-3.83
81 Other base metals; cermets; articles thereof 0 0.00 108-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 407,674 0.21 567,620-28.18
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 7,999 0.00 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 246,584-100.00
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 the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 99.99% of Russia’s total imports from Trinidad and Tobago (76.37% in the 4th quarter of 2015);
  • Chemical products (HS codes 28-40) - 0.01% of Russia’s total imports from Trinidad and Tobago (6.14% in the 4th quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of Russia’s total imports from Trinidad and Tobago (17.47% in the 4th quarter of 2015).

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

  • Beverages, spirits and vinegar (HS code 22) - an increase of $95,959.

The largest declines in Russia’s imports from Trinidad and Tobago in the 4th quarter of 2016 over the 4th 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) - a decrease of $9,029;
  • Plastics and articles thereof (HS code 39) - a decrease of $3,469;
  • 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) - a decrease of $880.
Russia’s imports from Trinidad and Tobago in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q4 2016,
US dollars ($)
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 139,274 99.99 43,315221.54
39 Plastics and articles thereof 16 0.01 3,485-99.54
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0 0.00 6-100.00
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 0 0.00 880-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 9,029-100.00
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Russian foreign trade statistics
Source: Federal Customs Service of Russia