Russian foreign trade
reports and reviews

Russian trade in goods with Trinidad and Tobago 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 Trinidad and Tobago in the third quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In the 3rd quarter of 2017, Russia’s trade with Trinidad and Tobago was $127,343,300, down 49.33% ($123,993,811) from the 3rd quarter of 2016.

Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2017 were $127,093,664, down 49.41% ($124,143,196) from the 3rd quarter of 2016.

Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2017 totaled $249,636, up 149.01% ($149,385) from the 3rd quarter of 2016.

Russia’s trade surplus with Trinidad and Tobago in the 3rd quarter of 2017 was $126,844,028, a 49.49% decrease ($124,292,581) over the 3rd quarter of 2016.

Trinidad and Tobago was Russia’s 78th largest trading partner in the 3rd quarter of 2017 (down from 65th in the 3rd quarter of 2016), accounting for 0.0871% of Russia’s total trade (down from 0.2061% in the 3rd quarter of 2016).

Trinidad and Tobago was Russia’s 67th largest export market in the 3rd quarter of 2017 (down from 48th in the 3rd quarter of 2016), accounting for 0.1489% of Russia’s total exports (down from 0.3492% in the 3rd quarter of 2016).

Trinidad and Tobago was Russia’s 144th largest supplier in the 3rd quarter of 2017 (up from 161st in the 3rd quarter of 2016), accounting for 0.0004% of Russia’s total imports (up from 0.0002% in the 3rd quarter of 2016).

Russia’s Exports to Trinidad and Tobago

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

  • Mineral products (HS codes 25-27) - 99.89% of Russia’s total exports to Trinidad and Tobago (99.99% in the 3rd quarter of 2016).

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

  • No product groups with a substantial increase.

The largest declines in Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2017 over the 3rd 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 $124,246,012.
Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q3 2017,
US dollars ($)
Percent share in total export Value of exports
in Q3 2016,
US dollars ($)
Percent change
in Q3 2017
over Q3 2016
22 Beverages, spirits and vinegar 0 0.00 1,500-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 126,955,681 99.89 251,201,693-49.46
39 Plastics and articles thereof 32 0.00 35-8.57
40 Rubber and articles thereof 0 0.00 1-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 115,964 0.09 0
69 Ceramic products 11,327 0.01 13,995-19.06
73 Articles of iron or steel 9,203 0.01 1,633463.56
74 Copper and articles thereof 30 0.00 0
83 Miscellaneous articles of base metal 0 0.00 1,504-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 16,499-100.00
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 1,427 0.00 0

Russia’s Imports from Trinidad and Tobago

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

  • Food products and agricultural raw materials (HS codes 01-24) - 54.77% of Russia’s total imports from Trinidad and Tobago (76.71% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 41.55% of Russia’s total imports from Trinidad and Tobago (0.00% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.68% of Russia’s total imports from Trinidad and Tobago (4.20% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.00% of Russia’s total imports from Trinidad and Tobago (18.89% in the 3rd quarter of 2016).

The largest gains in Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - an increase of $103,715;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $57,265;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $5,804;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $2,559.

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

  • Plastics and articles thereof (HS code 39) - a decrease of $18,933;
  • 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) - a decrease of $822.
Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q3 2017,
US dollars ($)
Percent share in total import Value of imports in Q3 2016,
US dollars ($)
Percent change
in Q3 2017
over Q3 2016
18 Cocoa and cocoa preparations 2,559 1.03 0
22 Beverages, spirits and vinegar 134,166 53.74 76,90174.47
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 0 0.00 2-100.00
39 Plastics and articles thereof 0 0.00 18,933-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0 0.00 201-100.00
73 Articles of iron or steel 103,715 41.55 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 376 0.15 1,198-68.61
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 8,820 3.53 3,016192.44

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Russian foreign trade statistics
Source: Federal Customs Service of Russia