Russian foreign trade
reports and reviews

Russian trade in goods with Trinidad and Tobago in Q3 2018

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 2018: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In the 3rd quarter of 2018, Russia’s trade with Trinidad and Tobago was $113,880,496, down 10.57% ($13,462,804) from the 3rd quarter of 2017.

Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2018 were $112,957,938, down 11.12% ($14,135,726) from the 3rd quarter of 2017.

Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2018 totaled $922,558, up 269.56% ($672,922) from the 3rd quarter of 2017.

Russia’s trade surplus with Trinidad and Tobago in the 3rd quarter of 2018 was $112,035,380, a 11.67% decrease ($14,808,648) over the 3rd quarter of 2017.

Trinidad and Tobago was Russia’s 82nd largest trading partner in the 3rd quarter of 2018 (down from 77th in the 3rd quarter of 2017), accounting for 0.0662% of Russia’s total trade (down from 0.0871% in the 3rd quarter of 2017).

Trinidad and Tobago was Russia’s 74th largest export market in the 3rd quarter of 2018 (down from 64th in the 3rd quarter of 2017), accounting for 0.1007% of Russia’s total exports (down from 0.1489% in the 3rd quarter of 2017).

Trinidad and Tobago was Russia’s 129th largest supplier in the 3rd quarter of 2018 (up from 143rd in the 3rd quarter of 2017), accounting for 0.0015% of Russia’s total imports (up from 0.0004% in the 3rd quarter of 2017).

Russia’s Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago in the 3rd quarter of 2018 (and in the 3rd quarter of 2017) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 99.68% of Russia’s total exports to Trinidad and Tobago (99.89% in the 3rd quarter of 2017).

The largest gains in Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2018 over the 3rd quarter of 2017 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 2018 over the 3rd quarter of 2017 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 $14,362,237.
Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2018 by product groups
HS
code
Name of product group Value of exports
in Q3 2018,
US dollars ($)
Percent share in total export Value of exports
in Q3 2017,
US dollars ($)
Percent change
in Q3 2018
over Q3 2017
07 Edible vegetables and certain roots and tubers 13,950 0.01 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 112,593,444 99.68 126,955,681-11.31
39 Plastics and articles thereof 0 0.00 32-100.00
44 Wood and articles of wood; wood charcoal 15,175 0.01 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 301,761 0.27 115,964160.22
69 Ceramic products 15,401 0.01 11,32735.97
73 Articles of iron or steel 5,642 0.00 9,203-38.69
74 Copper and articles thereof 0 0.00 30-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 12,565 0.01 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 0 0.00 1,427-100.00

Russia’s Imports from Trinidad and Tobago

The major share of Russian imports from Trinidad and Tobago in the 3rd quarter of 2018 (and in the 3rd quarter of 2017) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 83.02% of Russia’s total imports from Trinidad and Tobago (41.55% in the 3rd quarter of 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 16.98% of Russia’s total imports from Trinidad and Tobago (54.77% in the 3rd quarter of 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of Russia’s total imports from Trinidad and Tobago (3.68% in the 3rd quarter of 2017).

The largest gains in Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2018 over the 3rd quarter of 2017 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - an increase of $662,166;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $22,511.

The largest declines in Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2018 over the 3rd quarter of 2017 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $8,820.
Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2018 by product groups
HS
code
Name of product group Value of imports in Q3 2018,
US dollars ($)
Percent share in total import Value of imports in Q3 2017,
US dollars ($)
Percent change
in Q3 2018
over Q3 2017
18 Cocoa and cocoa preparations 0 0.00 2,559-100.00
22 Beverages, spirits and vinegar 156,677 16.98 134,16616.78
73 Articles of iron or steel 765,881 83.02 103,715638.45
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 0 0.00 376-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0 0.00 8,820-100.00
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Russian foreign trade statistics
Source: Federal Customs Service of Russia