Russian trade in goods with Trinidad and Tobago in Q1 2017
based on data from the Federal Customs Service of Russia
Russia’s Trade with Trinidad and Tobago
In the 1st quarter of 2017, Russia’s trade with Trinidad and Tobago totaled $165,621,161, up 94.90% ($80,645,183) from the 1st quarter of 2016.
Russia’s exports to Trinidad and Tobago in the 1st quarter of 2017 totaled $165,485,576, up 94.80% ($80,532,147) from the 1st quarter of 2016.
Russia’s imports from Trinidad and Tobago in the 1st quarter of 2017 totaled $135,585, up 501.29% ($113,036) from the 1st quarter of 2016.
Russia’s trade surplus with Trinidad and Tobago in the 1st quarter of 2017 was $165,349,991, a 94.69% increase ($80,419,111) over the 1st quarter of 2016.
Trinidad and Tobago was Russia’s 68th largest trading partner in the 1st quarter of 2017 (up from 79th in the 1st quarter of 2016), accounting for 0.1288% of Russia’s total trade (up from 0.0875% in the 1st quarter of 2016).
Trinidad and Tobago was Russia’s 55th largest export market in the 1st quarter of 2017 (up from 66th in the 1st quarter of 2016), accounting for 0.1986% of Russia’s total exports (up from 0.1386% in the 1st quarter of 2016).
Trinidad and Tobago was Russia’s 144th largest supplier in the 1st quarter of 2017 (up from 156th in the 1st quarter of 2016), accounting for 0.0003% of Russia’s total imports (up from 0.0001% in the 1st quarter of 2016).
Russia’s Exports to Trinidad and Tobago
The major share of Russian exports to Trinidad and Tobago 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) - 99.96% of Russia’s total exports to Trinidad and Tobago (99.87% in the 1st quarter of 2016).
The largest gains in Russia’s exports to Trinidad and Tobago 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) - an increase of $80,572,497.
The largest declines in Russia’s exports to Trinidad and Tobago in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:
- No product groups with a substantial decrease.
| HS code |
Name of product group | Value of exports in Q1 2017, US dollars ($) |
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 | 165,411,557 | 99.96 | 84,839,060 | 94.97 |
| 29 | Organic chemicals | 0 | 0.00 | 36,484 | -100.00 |
| 39 | Plastics and articles thereof | 0 | 0.00 | 3,556 | -100.00 |
| 40 | Rubber and articles thereof | 0 | 0.00 | 1,640 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 61,096 | 0.04 | 48,470 | 26.05 |
| 69 | Ceramic products | 8,733 | 0.01 | 1,421 | 514.57 |
| 73 | Articles of iron or steel | 2,053 | 0.00 | 14,387 | -85.73 |
| 74 | Copper and articles thereof | 277 | 0.00 | 1,177 | -76.47 |
| 75 | Nickel and articles thereof | 0 | 0.00 | 1,730 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 691 | 0.00 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 1,047 | 0.00 | 564 | 85.64 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 122 | 0.00 | 4,940 | -97.53 |
Russia’s Imports from Trinidad and Tobago
The major share of Russian imports from Trinidad and Tobago in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:
- Metals and products from them (HS codes 72-83) - 65.63% of Russia’s total imports from Trinidad and Tobago (0.00% in the 1st quarter of 2016);
- Food products and agricultural raw materials (HS codes 01-24) - 32.64% of Russia’s total imports from Trinidad and Tobago (86.53% in the 1st quarter of 2016);
- Machinery, equipment and vehicles (HS codes 84-90) - 1.71% of Russia’s total imports from Trinidad and Tobago (11.22% in the 1st quarter of 2016);
- Chemical products (HS codes 28-40) - 0.01% of Russia’s total imports from Trinidad and Tobago (2.13% in the 1st quarter of 2016).
The largest gains in Russia’s imports from Trinidad and Tobago in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:
- Articles of iron or steel (HS code 73) - an increase of $88,991;
- Beverages, spirits and vinegar (HS code 22) - an increase of $24,750;
- 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 $2,317.
The largest declines in Russia’s imports from Trinidad and Tobago 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 $2,209;
- Plastics and articles thereof (HS code 39) - a decrease of $465.
| HS code |
Name of product group | Value of imports in Q1 2017, US dollars ($) |
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 | 44,261 | 32.64 | 19,511 | 126.85 |
| 39 | Plastics and articles thereof | 16 | 0.01 | 481 | -96.67 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 26 | -100.00 |
| 73 | Articles of iron or steel | 88,991 | 65.63 | 0 | ∞ |
| 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 | 2,317 | 1.71 | 0 | ∞ |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 322 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 2,209 | -100.00 |