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Russian trade in goods with Montenegro in Q3 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 third quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Montenegro

In the 3rd quarter of 2017, Russia’s trade with Montenegro was $4,017,709, down 25.89% ($1,403,508) from the 3rd quarter of 2016.

Russia’s exports to Montenegro in the 3rd quarter of 2017 were $2,311,742, down 45.37% ($1,920,278) from the 3rd quarter of 2016.

Russia’s imports from Montenegro in the 3rd quarter of 2017 totaled $1,705,967, up 43.46% ($516,770) from the 3rd quarter of 2016.

Russia’s trade surplus with Montenegro in the 3rd quarter of 2017 was $605,775, a 80.09% decrease ($2,437,048) over the 3rd quarter of 2016.

Montenegro was Russia’s 148th largest trading partner in the 3rd quarter of 2017 (down from 141st in the 3rd quarter of 2016), accounting for 0.0027% of Russia’s total trade (down from 0.0044% in the 3rd quarter of 2016).

Montenegro was Russia’s 140th largest export market in the 3rd quarter of 2017 (down from 130th in the 3rd quarter of 2016), accounting for 0.0027% of Russia’s total exports (down from 0.0059% in the 3rd quarter of 2016).

Montenegro was Russia’s 124th largest supplier in the 3rd quarter of 2017 (up from 129th in the 3rd quarter of 2016), accounting for 0.0028% of Russia’s total imports (up from 0.0024% in the 3rd quarter of 2016).

Russia’s Exports to Montenegro

The major share of Russian exports to Montenegro in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 35.06% of Russia’s total exports to Montenegro (62.21% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 33.15% of Russia’s total exports to Montenegro (24.10% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 26.86% of Russia’s total exports to Montenegro (6.39% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.42% of Russia’s total exports to Montenegro (2.90% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.75% of Russia’s total exports to Montenegro (2.39% in the 3rd quarter of 2016).

The largest gains in Russia’s exports to Montenegro in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $360,413;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $38,307;
  • 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 $27,014.

The largest declines in Russia’s exports to Montenegro in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - a decrease of $1,808,693;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $253,368;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $83,643;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $69,626;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $40,300;
  • Ceramic products (HS code 69) - a decrease of $16,698;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $13,935;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $10,768;
  • 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 $10,496;
  • Plastics and articles thereof (HS code 39) - a decrease of $9,266.
Russia’s exports to Montenegro in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q3 2017,
US dollars ($)
Percent share in total export Value of exports
in Q3 2016,
US dollars ($)
Percent change
in Q3 2017
over Q3 2016
07 Edible vegetables and certain roots and tubers 0 0.00 93-100.00
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0 0.00 824-100.00
13 Lac; gums, resins and other vegetable saps and extracts 0 0.00 206-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0 0.00 229-100.00
17 Sugars and sugar confectionery 0 0.00 1,166-100.00
18 Cocoa and cocoa preparations 0 0.00 758-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0 0.00 1,750-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 2,914-100.00
21 Miscellaneous edible preparations 8,804 0.38 49,104-82.07
22 Beverages, spirits and vinegar 40,891 1.77 2,5841,482.47
24 Tobacco and manufactured tobacco substitutes 571,238 24.71 210,825170.95
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0 0.00 19-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 766,389 33.15 1,019,757-24.85
30 Pharmaceutical products 4,400 0.19 8,758-49.76
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 2,130-100.00
35 Albuminoidal substances; modified starches; glues; enzymes 0 0.00 11-100.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0 0.00 6,256-100.00
39 Plastics and articles thereof 13,006 0.56 22,272-41.60
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0 0.00 2,137-100.00
44 Wood and articles of wood; wood charcoal 15,964 0.69 99,607-83.97
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,388 0.06 1,3314.28
57 Carpets and other textile floor coverings 0 0.00 730-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0 0.00 1,272-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 32-100.00
69 Ceramic products 0 0.00 16,698-100.00
70 Glass and glassware 0 0.00 565-100.00
73 Articles of iron or steel 0 0.00 1,884-100.00
74 Copper and articles thereof 0 0.00 1,005-100.00
76 Aluminum and articles thereof 806,732 34.90 2,615,425-69.15
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0 0.00 11-100.00
83 Miscellaneous articles of base metal 3,832 0.17 14,600-73.75
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 43,348 1.88 42,8061.27
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 35,750 1.55 8,736309.23
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 69,626-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 1,468-100.00
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 10,496-100.00
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 13,935-100.00

Russia’s Imports from Montenegro

The major share of Russian imports from Montenegro in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 50.11% of Russia’s total imports from Montenegro (54.15% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.00% of Russia’s total imports from Montenegro (34.54% in the 3rd quarter of 2016).

The largest gains in Russia’s imports from Montenegro in the 3rd quarter of 2017 over the 3rd 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 $693,453;
  • Pharmaceutical products (HS code 30) - an increase of $210,665;
  • Articles of iron or steel (HS code 73) - an increase of $12,878;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $5,558.

The largest declines in Russia’s imports from Montenegro in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $410,742.
Russia’s imports from Montenegro in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q3 2017,
US dollars ($)
Percent share in total import Value of imports in Q3 2016,
US dollars ($)
Percent change
in Q3 2017
over Q3 2016
22 Beverages, spirits and vinegar 0 0.00 410,742-100.00
30 Pharmaceutical products 854,504 50.09 643,83932.72
39 Plastics and articles thereof 0 0.00 82-100.00
40 Rubber and articles thereof 297 0.02 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 8,775 0.51 7,26220.83
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 7 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 15 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 812,275 47.61 118,822583.61
73 Articles of iron or steel 14,009 0.82 1,1311,138.64
80 Tin and articles thereof 0 0.00 431-100.00
83 Miscellaneous articles of base metal 0 0.00 472-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 11,327 0.66 5,76996.34
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 4,535 0.27 0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 223 0.01 406-45.07
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 241-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia