Russian foreign trade
reports and reviews

Russian trade in goods with Montenegro in Q4 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 fourth quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Montenegro

In the 4th quarter of 2017, Russia’s trade with Montenegro totaled $3,720,417, up 4.49% ($159,786) from the 4th quarter of 2016.

Russia’s exports to Montenegro in the 4th quarter of 2017 totaled $2,392,089, up 43.61% ($726,377) from the 4th quarter of 2016.

Russia’s imports from Montenegro in the 4th quarter of 2017 were $1,328,328, down 29.90% ($566,591) from the 4th quarter of 2016.

Russia’s trade balance with Montenegro went from a deficit of $229,207 in the 4th quarter of 2016, to a surplus of $1,063,761 in the 4th quarter of 2017.

Montenegro was Russia’s 151st largest trading partner in the 4th quarter of 2017 (down from 146th in the 4th quarter of 2016), accounting for 0.0022% of Russia’s total trade (down from 0.0026% in the 4th quarter of 2016).

Montenegro was Russia’s 144th largest export market in the 4th quarter of 2017 (just as in the 4th quarter of 2016), accounting for 0.0023% of Russia’s total exports (up from 0.0020% in the 4th quarter of 2016).

Montenegro was Russia’s 124th largest supplier in the 4th quarter of 2017 (down from 120th in the 4th quarter of 2016), accounting for 0.0021% of Russia’s total imports (down from 0.0036% in the 4th quarter of 2016).

Russia’s Exports to Montenegro

The major share of Russian exports to Montenegro in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 42.40% of Russia’s total exports to Montenegro (37.77% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 21.04% of Russia’s total exports to Montenegro (0.82% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 14.73% of Russia’s total exports to Montenegro (24.38% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 13.36% of Russia’s total exports to Montenegro (26.40% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.33% of Russia’s total exports to Montenegro (6.33% in the 4th quarter of 2016).

The largest gains in Russia’s exports to Montenegro in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - an increase of $521,815;
  • Aluminum and articles thereof (HS code 76) - an increase of $486,532;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $291,070;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $149,096;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $82,532;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $15,507.

The largest declines in Russia’s exports to Montenegro in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • 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 $420,003;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $142,336;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $92,065;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $53,747;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $49,696;
  • Ceramic products (HS code 69) - a decrease of $24,589;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $8,591.
Russia’s exports to Montenegro in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q4 2017,
US dollars ($)
Percent share in total export Value of exports
in Q4 2016,
US dollars ($)
Percent change
in Q4 2017
over Q4 2016
07 Edible vegetables and certain roots and tubers 0 0.00 142,336-100.00
09 Coffee, tea, maté and spices 0 0.00 64-100.00
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0 0.00 542-100.00
17 Sugars and sugar confectionery 0 0.00 1,634-100.00
18 Cocoa and cocoa preparations 0 0.00 3,815-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0 0.00 2,135-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 2,177-100.00
21 Miscellaneous edible preparations 0 0.00 49,696-100.00
22 Beverages, spirits and vinegar 0 0.00 236-100.00
24 Tobacco and manufactured tobacco substitutes 319,570 13.36 237,03834.82
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 352,333 14.73 406,080-13.24
30 Pharmaceutical products 7,470 0.31 4071,735.38
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 32 0.00 92,097-99.97
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 398 0.02 8,989-95.57
38 Miscellaneous chemical products 0 0.00 380-100.00
39 Plastics and articles thereof 11 0.00 2,759-99.60
40 Rubber and articles thereof 0 0.00 874-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 174-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4,349 0.18 1,374216.52
61 Articles of apparel and clothing accessories, knitted or crocheted 0 0.00 310-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0 0.00 193-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,424 0.10 480405.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 149,096 6.23 0
69 Ceramic products 17,204 0.72 41,793-58.84
70 Glass and glassware 0 0.00 164-100.00
72 Iron and steel 0 0.00 6,009-100.00
73 Articles of iron or steel 178 0.01 7,069-97.48
74 Copper and articles thereof 300 0.01 62383.87
76 Aluminum and articles thereof 486,532 20.34 0
79 Zinc and articles thereof 45 0.00 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 168 0.01 27522.22
83 Miscellaneous articles of base metal 16,063 0.67 5562,789.03
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 340,255 14.22 49,185591.79
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 134,249 5.61 554,252-75.78
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 3,683-100.00
89 Ships, boats and floating structures 530,010 22.16 8,1956,367.48
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 9,786 0.41 13,875-29.47
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 21,616 0.90 22,822-5.28
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 4,202-100.00
96 Miscellaneous manufactured articles 0 0.00 28-100.00

Russia’s Imports from Montenegro

The major share of Russian imports from Montenegro in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 32.74% of Russia’s total imports from Montenegro (53.25% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 6.09% of Russia’s total imports from Montenegro (1.36% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.75% of Russia’s total imports from Montenegro (28.90% in the 4th quarter of 2016).

The largest gains in Russia’s imports from Montenegro in the 4th quarter of 2017 over the 4th 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 $483,467;
  • 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 $26,436;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $23,652;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $11,431;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $5,049.

The largest declines in Russia’s imports from Montenegro in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - a decrease of $564,256;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $503,004;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $34,600;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $12,576;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $6,383.
Russia’s imports from Montenegro in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q4 2017,
US dollars ($)
Percent share in total import Value of imports in Q4 2016,
US dollars ($)
Percent change
in Q4 2017
over Q4 2016
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0 0.00 34,600-100.00
22 Beverages, spirits and vinegar 10,012 0.75 513,016-98.05
30 Pharmaceutical products 431,414 32.48 995,670-56.67
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0 0.00 12,576-100.00
39 Plastics and articles thereof 1,235 0.09 841,370.24
40 Rubber and articles thereof 2,277 0.17 727213.20
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5,134 0.39 3,60442.45
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 96 0.01 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 791,565 59.59 308,098156.92
73 Articles of iron or steel 689 0.05 823-16.28
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 29,947 2.25 18,51661.74
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 27,258 2.05 8223,216.06
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 6,383-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 23,652 1.78 0
95 Toys, games and sports requisites; parts and accessories thereof 5,049 0.38 0
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Russian foreign trade statistics
Source: Federal Customs Service of Russia