Russian foreign trade
reports and reviews

Russian trade in goods with Puerto Rico 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 Puerto Rico in the first quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Puerto Rico

In the 1st quarter of 2017, Russia’s trade with Puerto Rico totaled $49,458,365, up 12.96% ($5,673,854) from the 1st quarter of 2016.

Russia’s exports to Puerto Rico in the 1st quarter of 2017 were $11,948,749, down 40.45% ($8,115,170) from the 1st quarter of 2016.

Russia’s imports from Puerto Rico in the 1st quarter of 2017 totaled $37,509,616, up 58.13% ($13,789,024) from the 1st quarter of 2016.

Russia’s trade deficit with Puerto Rico in the 1st quarter of 2017 was $25,560,867, a 599.02% increase ($21,904,194) over the 1st quarter of 2016.

Puerto Rico was Russia’s 95th largest trading partner in the 1st quarter of 2017 (up from 97th in the 1st quarter of 2016), accounting for 0.0385% of Russia’s total trade (down from 0.0451% in the 1st quarter of 2016).

Puerto Rico was Russia’s 108th largest export market in the 1st quarter of 2017 (down from 96th in the 1st quarter of 2016), accounting for 0.0143% of Russia’s total exports (down from 0.0327% in the 1st quarter of 2016).

Puerto Rico was Russia’s 74th largest supplier in the 1st quarter of 2017 (up from 78th in the 1st quarter of 2016), accounting for 0.0830% of Russia’s total imports (up from 0.0663% in the 1st quarter of 2016).

Russia’s Exports to Puerto Rico

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

  • Mineral products (HS codes 25-27) - 94.63% of Russia’s total exports to Puerto Rico (99.67% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 5.25% of Russia’s total exports to Puerto Rico (0.33% in the 1st quarter of 2016).

The largest gains in Russia’s exports to Puerto Rico 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 $561,914.

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

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $8,691,612.
Russia’s exports to Puerto Rico in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q1 2017,
US dollars ($)
Percent share in total export Value of exports
in Q1 2016,
US dollars ($)
Percent change
in Q1 2017
over Q1 2016
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 11,306,647 94.63 19,998,259-43.46
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 12,729 0.11 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 627,574 5.25 65,660855.79
95 Toys, games and sports requisites; parts and accessories thereof 1,799 0.02 0

Russia’s Imports from Puerto Rico

The major share of Russian imports from Puerto Rico 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) - 97.29% of Russia’s total imports from Puerto Rico (91.28% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.38% of Russia’s total imports from Puerto Rico (7.75% in the 1st quarter of 2016).

The largest gains in Russia’s imports from Puerto Rico 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 $15,016,317.

The largest declines in Russia’s imports from Puerto Rico in the 1st quarter of 2017 over the 1st quarter of 2016 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 $515,134;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $426,914;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $206,233.
Russia’s imports from Puerto Rico in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q1 2017,
US dollars ($)
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 60,566 0.16 128,243-52.77
29 Organic chemicals 195 0.00 0
30 Pharmaceutical products 36,430,098 97.12 21,413,78170.12
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 33,020 0.09 239,253-86.20
38 Miscellaneous chemical products 181 0.00 186-2.69
39 Plastics and articles thereof 27,965 0.07 0
40 Rubber and articles thereof 23 0.00 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 43,506 0.12 100,316-56.63
73 Articles of iron or steel 2,575 0.01 0
81 Other base metals; cermets; articles thereof 19,271 0.05 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 10,928 0.03 437,842-97.50
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 48,562 0.13 53,111-8.57
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 832,726 2.22 1,347,860-38.22

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Russian foreign trade statistics
Source: Federal Customs Service of Russia