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

Russia’s Trade with Montenegro

In the 2nd quarter of 2017, Russia’s trade with Montenegro totaled $2,965,210, up 2.93% ($84,400) from the 2nd quarter of 2016.

Russia’s exports to Montenegro in the 2nd quarter of 2017 totaled $1,805,305, up 0.22% ($3,906) from the 2nd quarter of 2016.

Russia’s imports from Montenegro in the 2nd quarter of 2017 totaled $1,159,905, up 7.46% ($80,494) from the 2nd quarter of 2016.

Russia’s trade surplus with Montenegro in the 2nd quarter of 2017 was $645,400, a 10.61% decrease ($76,588) over the 2nd quarter of 2016.

Montenegro was Russia’s 153rd largest trading partner in the 2nd quarter of 2017 (down from 140th in the 2nd quarter of 2016), accounting for 0.0021% of Russia’s total trade (down from 0.0026% in the 2nd quarter of 2016).

Montenegro was Russia’s 147th largest export market in the 2nd quarter of 2017 (down from 135th in the 2nd quarter of 2016), accounting for 0.0021% of Russia’s total exports (down from 0.0027% in the 2nd quarter of 2016).

Montenegro was Russia’s 126th largest supplier in the 2nd quarter of 2017 (up from 128th in the 2nd quarter of 2016), accounting for 0.0021% of Russia’s total imports (down from 0.0025% in the 2nd quarter of 2016).

Russia’s Exports to Montenegro

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 39.12% of Russia’s total exports to Montenegro (6.31% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 26.80% of Russia’s total exports to Montenegro (21.98% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 19.30% of Russia’s total exports to Montenegro (38.02% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 13.20% of Russia’s total exports to Montenegro (11.51% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 1.45% of Russia’s total exports to Montenegro (3.58% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.04% of Russia’s total exports to Montenegro (9.27% in the 2nd quarter of 2016).

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

  • Ships, boats and floating structures (HS code 89) - an increase of $358,045;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $265,609;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $85,780;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $31,019;
  • Iron and steel (HS code 72) - an increase of $27,004;
  • Pharmaceutical products (HS code 30) - an increase of $22,797;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $11,659;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $11,126;
  • Miscellaneous edible preparations (HS code 21) - an increase of $7,405.

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

  • Aluminum and articles thereof (HS code 76) - a decrease of $348,774;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $164,141;
  • Ceramic products (HS code 69) - a decrease of $105,373;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $45,274;
  • 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 $40,520;
  • Rubber and articles thereof (HS code 40) - a decrease of $38,771;
  • 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 $16,800;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $15,603;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $12,922;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $10,627.
Russia’s exports to Montenegro in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q2 2017,
US dollars ($)
Percent share in total export Value of exports
in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
07 Edible vegetables and certain roots and tubers 0 0.00 84-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 16-100.00
09 Coffee, tea, maté and spices 0 0.00 52-100.00
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0 0.00 741-100.00
13 Lac; gums, resins and other vegetable saps and extracts 0 0.00 141-100.00
17 Sugars and sugar confectionery 1,345 0.07 1,18713.31
18 Cocoa and cocoa preparations 12,142 0.67 1,0161,095.08
19 Preparations of cereals, flour, starch or milk; bakers’ wares 649 0.04 3,342-80.58
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 2,282-100.00
21 Miscellaneous edible preparations 55,322 3.06 47,91715.45
22 Beverages, spirits and vinegar 40,871 2.26 51,498-20.64
24 Tobacco and manufactured tobacco substitutes 373,405 20.68 287,62529.82
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 238,352 13.20 207,33314.96
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0 0.00 16,800-100.00
30 Pharmaceutical products 22,797 1.26 0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,456 0.08 6,820-78.65
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0 0.00 670-100.00
39 Plastics and articles thereof 1,883 0.10 1,46028.97
40 Rubber and articles thereof 0 0.00 38,771-100.00
44 Wood and articles of wood; wood charcoal 0 0.00 164,141-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 2,629-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 723 0.04 291148.45
57 Carpets and other textile floor coverings 0 0.00 135-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0 0.00 2,086-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0 0.00 513-100.00
65 Headgear and parts thereof 0 0.00 34-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 574 0.03 0
69 Ceramic products 0 0.00 105,373-100.00
72 Iron and steel 27,004 1.50 0
73 Articles of iron or steel 302 0.02 2,075-85.45
74 Copper and articles thereof 0 0.00 463-100.00
76 Aluminum and articles thereof 320,372 17.75 669,146-52.12
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 467 0.03 76,571.43
83 Miscellaneous articles of base metal 238 0.01 13,160-98.19
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 291,827 16.16 26,2181,013.08
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 44,705 2.48 42,2455.82
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 45,274-100.00
89 Ships, boats and floating structures 358,045 19.83 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 11,659 0.65 0
91 Clocks and watches and parts thereof 0 0.00 3,558-100.00
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 40,520-100.00
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 15,603-100.00
96 Miscellaneous manufactured articles 0 0.00 173-100.00
SS Classified 1,167 0.06 0

Russia’s Imports from Montenegro

The major share of Russian imports from Montenegro 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) - 31.40% of Russia’s total imports from Montenegro (5.52% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 28.97% of Russia’s total imports from Montenegro (25.70% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.19% of Russia’s total imports from Montenegro (53.87% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 0.09% of Russia’s total imports from Montenegro (4.81% in the 2nd quarter of 2016).

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

  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $329,349;
  • Pharmaceutical products (HS code 30) - an increase of $317,130;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $58,683.

The largest declines in Russia’s imports from Montenegro in the 2nd quarter of 2017 over the 2nd 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 $570,100;
  • Aluminum and articles thereof (HS code 76) - a decrease of $51,510;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $14,148.
Russia’s imports from Montenegro in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q2 2017,
US dollars ($)
Percent share in total import Value of imports in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
22 Beverages, spirits and vinegar 336,040 28.97 277,35721.16
30 Pharmaceutical products 362,543 31.26 45,413698.32
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0 0.00 14,148-100.00
39 Plastics and articles thereof 621 0.05 162,000.00
40 Rubber and articles thereof 1,000 0.09 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 8,356 0.72 5,06664.94
64 Footwear, gaiters and the like; parts of such articles 3,251 0.28 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 433,313 37.36 103,964316.79
73 Articles of iron or steel 97 0.01 456-78.73
76 Aluminum and articles thereof 0 0.00 51,510-100.00
80 Tin and articles thereof 721 0.06 0
83 Miscellaneous articles of base metal 195 0.02 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 11,168 0.96 581,268-98.08
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 2,350 0.20 228930.70
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 148 0.01 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 102 0.01 0
Russian foreign trade statistics
Source: Federal Customs Service of Russia