Russian foreign trade
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Russian trade in goods with Montenegro in Q1 2017

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Montenegro in the first quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Montenegro

In the 1st quarter of 2017, Russia’s trade with Montenegro totaled $3,056,809, up 8.74% ($245,672) from the 1st quarter of 2016.

Russia’s exports to Montenegro in the 1st quarter of 2017 were $1,497,463, down 17.51% ($317,947) from the 1st quarter of 2016.

Russia’s imports from Montenegro in the 1st quarter of 2017 totaled $1,559,346, up 56.60% ($563,619) from the 1st quarter of 2016.

Russia’s trade balance with Montenegro went from a surplus of $819,683 in the 1st quarter of 2016, to a deficit of $61,883 in the 1st quarter of 2017.

Montenegro was Russia’s 142nd largest trading partner in the 1st quarter of 2017 (down from 141st in the 1st quarter of 2016), accounting for 0.0024% of Russia’s total trade (down from 0.0029% in the 1st quarter of 2016).

Montenegro was Russia’s 136th largest export market in the 1st quarter of 2017 (up from 138th in the 1st quarter of 2016), accounting for 0.0018% of Russia’s total exports (down from 0.0030% in the 1st quarter of 2016).

Montenegro was Russia’s 120th largest supplier in the 1st quarter of 2017 (up from 121st in the 1st quarter of 2016), accounting for 0.0034% of Russia’s total imports (up from 0.0028% in the 1st quarter of 2016).

Russia’s Exports to Montenegro

The major share of Russian exports to Montenegro in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 37.52% of Russia’s total exports to Montenegro (5.03% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 30.64% of Russia’s total exports to Montenegro (73.64% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.66% of Russia’s total exports to Montenegro (11.11% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 8.80% of Russia’s total exports to Montenegro (1.60% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 8.11% of Russia’s total exports to Montenegro (7.25% in the 1st quarter of 2016).

The largest gains in Russia’s exports to Montenegro in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $278,797;
  • 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 $200,744;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $131,233;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $72,956;
  • Articles of iron or steel (HS code 73) - an increase of $12,340;
  • Iron and steel (HS code 72) - an increase of $10,759.

The largest declines in Russia’s exports to Montenegro in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - a decrease of $899,059;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $52,954;
  • Ceramic products (HS code 69) - a decrease of $16,481;
  • Pharmaceutical products (HS code 30) - a decrease of $13,419;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $10,165;
  • Plastics and articles thereof (HS code 39) - a decrease of $9,734;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $8,774;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $7,094;
  • Organic chemicals (HS code 29) - a decrease of $4,502.
Russia’s exports to Montenegro in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q1 2017,
US dollars ($)
Percent share in total export Value of exports
in Q1 2016,
US dollars ($)
Percent change
in Q1 2017
over Q1 2016
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0 0.00 1,736-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0 0.00 344-100.00
21 Miscellaneous edible preparations 0 0.00 52,954-100.00
24 Tobacco and manufactured tobacco substitutes 219,537 14.66 146,58149.77
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 121,414 8.11 131,579-7.73
29 Organic chemicals 0 0.00 4,502-100.00
30 Pharmaceutical products 0 0.00 13,419-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 131,233 8.76 0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 476-100.00
39 Plastics and articles thereof 592 0.04 10,326-94.27
40 Rubber and articles thereof 0 0.00 407-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 230 0.02 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 701 0.05 0
57 Carpets and other textile floor coverings 0 0.00 196-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 2,661 0.18 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0 0.00 10-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 144 0.01 0
69 Ceramic products 0 0.00 16,481-100.00
70 Glass and glassware 0 0.00 814-100.00
72 Iron and steel 26,724 1.78 15,96567.39
73 Articles of iron or steel 13,039 0.87 6991,765.38
74 Copper and articles thereof 0 0.00 960-100.00
76 Aluminum and articles thereof 418,699 27.96 1,317,758-68.23
83 Miscellaneous articles of base metal 380 0.03 1,462-74.01
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 346,679 23.15 67,882410.71
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 212,342 14.18 11,5981,730.85
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 8,774-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,778 0.19 3,081-9.83
91 Clocks and watches and parts thereof 245 0.02 21911.87
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 0 0.00 7,094-100.00
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 2-100.00
96 Miscellaneous manufactured articles 65 0.00 91-28.57

Russia’s Imports from Montenegro

The major share of Russian imports from Montenegro in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 70.36% of Russia’s total imports from Montenegro (0.01% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.69% of Russia’s total imports from Montenegro (25.22% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.46% of Russia’s total imports from Montenegro (62.76% in the 1st quarter of 2016).

The largest gains in Russia’s imports from Montenegro in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - an increase of $1,096,747;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $174,921;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $5,094.

The largest declines in Russia’s imports from Montenegro in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $485,979;
  • 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 $116,747;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $115,573.
Russia’s imports from Montenegro in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q1 2017,
US dollars ($)
Percent share in total import Value of imports in Q1 2016,
US dollars ($)
Percent change
in Q1 2017
over Q1 2016
22 Beverages, spirits and vinegar 135,563 8.69 251,136-46.02
30 Pharmaceutical products 1,096,747 70.33 0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 30 0.00 0
39 Plastics and articles thereof 173 0.01 57203.51
40 Rubber and articles thereof 282 0.02 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 6,482 0.42 1,388367.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,534 0.16 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 292,527 18.76 117,606148.73
73 Articles of iron or steel 2,215 0.14 578283.22
74 Copper and articles thereof 42 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 20,650 1.32 506,629-95.92
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 1,586 0.10 118,333-98.66
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 251 0.02 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 264 0.02 0

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Russian foreign trade statistics
Source: Federal Customs Service of Russia