Russian foreign trade
reports and reviews

Russian trade in goods with Jamaica in Q2 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 Jamaica in the second quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Jamaica

In the 2nd quarter of 2017, Russia’s trade with Jamaica was $22,279,098, down 10.87% ($2,718,275) from the 2nd quarter of 2016.

Russia’s exports to Jamaica in the 2nd quarter of 2017 totaled $3,859,459, up 1,956.20% ($3,671,760) from the 2nd quarter of 2016.

Russia’s imports from Jamaica in the 2nd quarter of 2017 were $18,419,639, down 25.76% ($6,390,035) from the 2nd quarter of 2016.

Russia’s trade deficit with Jamaica in the 2nd quarter of 2017 was $14,560,180, a 40.87% decrease ($10,061,795) over the 2nd quarter of 2016.

Jamaica was Russia’s 115th largest trading partner in the 2nd quarter of 2017 (down from 104th in the 2nd quarter of 2016), accounting for 0.0159% of Russia’s total trade (down from 0.0230% in the 2nd quarter of 2016).

Jamaica was Russia’s 130th largest export market in the 2nd quarter of 2017 (up from 165th in the 2nd quarter of 2016), accounting for 0.0046% of Russia’s total exports (up from 0.0003% in the 2nd quarter of 2016).

Jamaica was Russia’s 86th largest supplier in the 2nd quarter of 2017 (down from 79th in the 2nd quarter of 2016), accounting for 0.0330% of Russia’s total imports (down from 0.0585% in the 2nd quarter of 2016).

Russia’s Exports to Jamaica

The major share of Russian exports to Jamaica in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 99.43% of Russia’s total exports to Jamaica (99.19% in the 2nd quarter of 2016).

The largest gains in Russia’s exports to Jamaica in the 2nd quarter of 2017 over the 2nd 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 $3,651,461;
  • Fertilizers (HS code 31) - an increase of $21,825.

The largest declines in Russia’s exports to Jamaica in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s exports to Jamaica in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q2 2017,
US dollars ($)
Percent share in total export Value of exports
in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 3,837,634 99.43 186,1731,961.33
31 Fertilizers 21,825 0.57 0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0 0.00 1,366-100.00
38 Miscellaneous chemical products 0 0.00 160-100.00

Russia’s Imports from Jamaica

The major share of Russian imports from Jamaica in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 99.23% of Russia’s total imports from Jamaica (99.79% in the 2nd quarter of 2016).

The largest gains in Russia’s imports from Jamaica in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - an increase of $58,713.

The largest declines in Russia’s imports from Jamaica in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $6,478,370.
Russia’s imports from Jamaica in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q2 2017,
US dollars ($)
Percent share in total import Value of imports in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
09 Coffee, tea, maté and spices 48,098 0.26 18,476160.33
22 Beverages, spirits and vinegar 93,508 0.51 34,795168.74
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 18,278,033 99.23 24,756,403-26.17

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Russian foreign trade statistics
Source: Federal Customs Service of Russia