Countries with fastest growing economies 2022
Russian foreign trade
reports and reviews

Russian trade with Trinidad and Tobago 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 Trinidad and Tobago in 2017: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In 2017, Russia’s trade with Trinidad and Tobago totaled $730,097,274, up 0.17% ($1,250,206) from 2016.

Russia’s exports to Trinidad and Tobago in 2017 totaled $729,250,235, up 0.10% ($703,363) from 2016.

Russia’s imports from Trinidad and Tobago in 2017 totaled $847,039, up 182.16% ($546,843) from 2016.

Russia’s trade surplus with Trinidad and Tobago in 2017 was $728,403,196, a 0.02% increase ($156,520) over 2016.

Trinidad and Tobago was Russia’s 69th largest trading partner in 2017 (down from 67th in 2016), accounting for 0.1250% of Russia’s total trade (down from 0.1558% in 2016).

Trinidad and Tobago was Russia’s 58th largest export market in 2017 (down from 54th in 2016), accounting for 0.2042% of Russia’s total exports (down from 0.2552% in 2016).

Trinidad and Tobago was Russia’s 146th largest supplier in 2017 (up from 156th in 2016), accounting for 0.0004% of Russia’s total imports (up from 0.0002% in 2016).

Russia’s Exports to Trinidad and Tobago

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

  • Mineral products (HS codes 25-27) - 99.86% of Russia’s total exports to Trinidad and Tobago (99.90% in 2016).

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

  • Ores, slag and ash (HS code 26) - an increase of $5,808,244.

The largest declines in Russia’s exports to Trinidad and Tobago in 2017 over 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 $5,425,062.
Russia’s exports to Trinidad and Tobago in 2017 by product groups
HS
code
Name of product group Value of exports
in 2017,
US dollars ($)
Percent share in total export Value of exports
in 2016,
US dollars ($)
Percent change
in 2017
over 2016
22 Beverages, spirits and vinegar 0 0.00 1,500-100.00
26 Ores, slag and ash 5,808,244 0.80 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 722,411,928 99.06 727,836,990-0.75
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0 0.00 4,352-100.00
29 Organic chemicals 0 0.00 36,484-100.00
39 Plastics and articles thereof 32 0.00 3,628-99.12
40 Rubber and articles thereof 0 0.00 1,641-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 290,399 0.04 65,237345.14
69 Ceramic products 45,006 0.01 52,093-13.60
73 Articles of iron or steel 16,125 0.00 65,712-75.46
74 Copper and articles thereof 6,199 0.00 1,647276.38
75 Nickel and articles thereof 0 0.00 1,730-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 31,738 0.00 6,707373.21
83 Miscellaneous articles of base metal 0 0.00 1,504-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 17,091 0.00 452,648-96.22
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 101,940 0.01 7,9991,174.41
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 521,533 0.07 4,94010,457.35
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 2,060-100.00

Russia’s Imports from Trinidad and Tobago

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

  • Food products and agricultural raw materials (HS codes 01-24) - 61.63% of Russia’s total imports from Trinidad and Tobago (90.95% in 2016);
  • Metals and products from them (HS codes 72-83) - 36.99% of Russia’s total imports from Trinidad and Tobago (0.00% in 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.38% of Russia’s total imports from Trinidad and Tobago (2.50% in 2016);
  • Chemical products (HS codes 28-40) - 0.01% of Russia’s total imports from Trinidad and Tobago (6.47% in 2016).

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

  • Articles of iron or steel (HS code 73) - an increase of $313,282;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $246,410;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $3,595;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $2,559.

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

  • Plastics and articles thereof (HS code 39) - a decrease of $19,398.
Russia’s imports from Trinidad and Tobago in 2017 by product groups
HS
code
Name of product group Value of imports in 2017,
US dollars ($)
Percent share in total import Value of imports in 2016,
US dollars ($)
Percent change
in 2017
over 2016
18 Cocoa and cocoa preparations 2,559 0.30 0
22 Beverages, spirits and vinegar 519,441 61.32 273,03190.25
29 Organic chemicals 35 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 2-100.00
39 Plastics and articles thereof 32 0.00 19,430-99.84
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0 0.00 227-100.00
73 Articles of iron or steel 313,282 36.99 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 2,870 0.34 1,95946.50
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 322-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 8,820 1.04 5,22568.80
Russian foreign trade statistics
Source: Federal Customs Service of Russia