Russian foreign trade
reports and reviews

Russian trade with Nicaragua in 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 Nicaragua in 2017: exports, imports, products, dynamics.

Russia’s Trade with Nicaragua

In 2017, Russia’s trade with Nicaragua totaled $49,828,183, up 45.17% ($15,504,488) from 2016.

Russia’s exports to Nicaragua in 2017 totaled $33,680,184, up 32.79% ($8,316,016) from 2016.

Russia’s imports from Nicaragua in 2017 totaled $16,147,999, up 80.23% ($7,188,472) from 2016.

Russia’s trade surplus with Nicaragua in 2017 was $17,532,185, a 6.87% increase ($1,127,544) over 2016.

Nicaragua was Russia’s 131st largest trading partner in 2017 (up from 136th in 2016), accounting for 0.0085% of Russia’s total trade (up from 0.0073% in 2016).

Nicaragua was Russia’s 120th largest export market in 2017 (up from 127th in 2016), accounting for 0.0094% of Russia’s total exports (up from 0.0089% in 2016).

Nicaragua was Russia’s 110th largest supplier in 2017 (up from 118th in 2016), accounting for 0.0071% of Russia’s total imports (up from 0.0049% in 2016).

Russia’s Exports to Nicaragua

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

  • Food products and agricultural raw materials (HS codes 01-24) - 78.02% of Russia’s total exports to Nicaragua (44.58% in 2016);
  • Chemical products (HS codes 28-40) - 12.54% of Russia’s total exports to Nicaragua (34.90% in 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 4.80% of Russia’s total exports to Nicaragua (12.63% in 2016);
  • Metals and products from them (HS codes 72-83) - 3.37% of Russia’s total exports to Nicaragua (1.84% in 2016);
  • Mineral products (HS codes 25-27) - 0.54% of Russia’s total exports to Nicaragua (1.31% in 2016).

The largest gains in Russia’s exports to Nicaragua in 2017 over 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $13,756,061;
  • Iron and steel (HS code 72) - an increase of $964,800;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $823,544;
  • Pharmaceutical products (HS code 30) - an increase of $530,174;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $462,964;
  • Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - an increase of $391,796;
  • 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 $352,202;
  • Rubber and articles thereof (HS code 40) - an increase of $350,210.

The largest declines in Russia’s exports to Nicaragua in 2017 over 2016 were recorded for the following product groups:

  • Fertilizers (HS code 31) - a decrease of $5,294,743;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $2,392,650;
  • 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 $844,375;
  • Aluminum and articles thereof (HS code 76) - a decrease of $403,819;
  • Glass and glassware (HS code 70) - a decrease of $238,025;
  • Plastics and articles thereof (HS code 39) - a decrease of $206,304;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $150,398.
Russia’s exports to Nicaragua in 2017 by product groups
HS
code
Name of product group Value of exports
in 2017,
US dollars ($)
Percent share in total export Value of exports
in 2016,
US dollars ($)
Percent change
in 2017
over 2016
10 Cereals 25,062,806 74.41 11,306,745121.66
11 Products of the milling industry; malt; starches; inulin; wheat gluten 391,796 1.16 0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 823,544 2.45 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 181,875 0.54 332,273-45.26
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 53,180 0.16 0
29 Organic chemicals 0 0.00 13,552-100.00
30 Pharmaceutical products 1,395,325 4.14 865,15161.28
31 Fertilizers 1,995,636 5.93 7,290,379-72.63
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 2,383 0.01 30,811-92.27
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 998 0.00 128679.69
35 Albuminoidal substances; modified starches; glues; enzymes 2,917 0.01 22,483-87.03
38 Miscellaneous chemical products 0 0.00 179-100.00
39 Plastics and articles thereof 36,873 0.11 243,177-84.84
40 Rubber and articles thereof 735,948 2.19 385,73890.79
44 Wood and articles of wood; wood charcoal 59,420 0.18 14,450311.21
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 14,308 0.04 24,659-41.98
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 9,684 0.03 5751,584.17
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 1,544 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 22 0.00 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 168 0.00 0
65 Headgear and parts thereof 8 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 108,480 0.32 39,495174.67
69 Ceramic products 13,224 0.04 4,549190.70
70 Glass and glassware 29,305 0.09 267,330-89.04
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0 0.00 81-100.00
72 Iron and steel 974,407 2.89 9,60710,042.68
73 Articles of iron or steel 129,107 0.38 46,016180.57
74 Copper and articles thereof 621 0.00 32491.67
76 Aluminum and articles thereof 5,061 0.02 408,880-98.76
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,583 0.00 1,938-18.32
83 Miscellaneous articles of base metal 24,161 0.07 1,1831,942.35
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 580,246 1.72 117,282394.74
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 372,278 1.11 20,0761,754.34
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 662,485 1.97 3,055,135-78.32
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,892 0.01 10,278-81.59
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 7,190 0.02 851,565-99.16
95 Toys, games and sports requisites; parts and accessories thereof 45 0.00 0
96 Miscellaneous manufactured articles 1,664 0.00 1291,189.92

Russia’s Imports from Nicaragua

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

  • Food products and agricultural raw materials (HS codes 01-24) - 98.37% of Russia’s total imports from Nicaragua (98.62% in 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.40% of Russia’s total imports from Nicaragua (1.10% in 2016).

The largest gains in Russia’s imports from Nicaragua in 2017 over 2016 were recorded for the following product groups:

  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $5,186,759;
  • Coffee, tea, maté and spices (HS code 09) - an increase of $1,366,887;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $569,068;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $73,577;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $51,317.

The largest declines in Russia’s imports from Nicaragua in 2017 over 2016 were recorded for the following product groups:

  • Meat and edible meat offal (HS code 02) - a decrease of $70,807.
Russia’s imports from Nicaragua in 2017 by product groups
HS
code
Name of product group Value of imports in 2017,
US dollars ($)
Percent share in total import Value of imports in 2016,
US dollars ($)
Percent change
in 2017
over 2016
02 Meat and edible meat offal 0 0.00 70,807-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 569,068 3.52 0
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0 0.00 162-100.00
07 Edible vegetables and certain roots and tubers 2,242 0.01 0
09 Coffee, tea, maté and spices 4,887,391 30.27 3,520,50438.83
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 10,133,364 62.75 4,946,605104.85
17 Sugars and sugar confectionery 0 0.00 2,472-100.00
18 Cocoa and cocoa preparations 999 0.01 0
22 Beverages, spirits and vinegar 54,826 0.34 13,160316.61
24 Tobacco and manufactured tobacco substitutes 237,016 1.47 282,594-16.13
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 49 0.00 0
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 2,110-100.00
38 Miscellaneous chemical products 0 0.00 1,496-100.00
39 Plastics and articles thereof 3,131 0.02 330848.79
40 Rubber and articles thereof 2 0.00 0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 44 0.00 0
44 Wood and articles of wood; wood charcoal 534 0.00 2,145-75.10
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 118,191 0.73 66,87476.74
62 Articles of apparel and clothing accessories, not knitted or crocheted 105,639 0.65 32,062229.48
64 Footwear, gaiters and the like; parts of such articles 2,746 0.02 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 5 0.00 528-99.05
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 32,146 0.20 17,56782.99
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 111-100.00
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 605 0.00 0
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Russian foreign trade statistics
Source: Federal Customs Service of Russia