Russian trade in goods with Montenegro in Q4 2018
based on data from the Federal Customs Service of Russia
Russia’s Trade with Montenegro
In the 4th quarter of 2018, Russia’s trade with Montenegro totaled $13,577,635, up 264.95% ($9,857,218) from the 4th quarter of 2017.
Russia’s exports to Montenegro in the 4th quarter of 2018 totaled $6,986,807, up 192.08% ($4,594,718) from the 4th quarter of 2017.
Russia’s imports from Montenegro in the 4th quarter of 2018 totaled $6,590,828, up 396.17% ($5,262,500) from the 4th quarter of 2017.
Russia’s trade surplus with Montenegro in the 4th quarter of 2018 was $395,979, a 62.78% decrease ($667,782) over the 4th quarter of 2017.
Montenegro was Russia’s 137th largest trading partner in the 4th quarter of 2018 (up from 151st in the 4th quarter of 2017), accounting for 0.0073% of Russia’s total trade (up from 0.0022% in the 4th quarter of 2017).
Montenegro was Russia’s 134th largest export market in the 4th quarter of 2018 (up from 144th in the 4th quarter of 2017), accounting for 0.0056% of Russia’s total exports (up from 0.0023% in the 4th quarter of 2017).
Montenegro was Russia’s 101st largest supplier in the 4th quarter of 2018 (up from 124th in the 4th quarter of 2017), accounting for 0.0106% of Russia’s total imports (up from 0.0021% in the 4th quarter of 2017).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 4th quarter of 2018 (and in the 4th quarter of 2017) was accounted for the following product types:
- Metals and products from them (HS codes 72-83) - 70.43% of Russia’s total exports to Montenegro (21.04% in the 4th quarter of 2017);
- Mineral products (HS codes 25-27) - 14.68% of Russia’s total exports to Montenegro (14.73% in the 4th quarter of 2017);
- Food products and agricultural raw materials (HS codes 01-24) - 12.80% of Russia’s total exports to Montenegro (13.36% in the 4th quarter of 2017);
- Machinery, equipment and vehicles (HS codes 84-90) - 1.13% of Russia’s total exports to Montenegro (42.40% in the 4th quarter of 2017).
The largest gains in Russia’s exports to Montenegro in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - an increase of $4,434,123;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $673,426;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $525,614;
- Beverages, spirits and vinegar (HS code 22) - an increase of $40,589;
- Ceramic products (HS code 69) - an increase of $21,768.
The largest declines in Russia’s exports to Montenegro in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:
- Ships, boats and floating structures (HS code 89) - a decrease of $530,010;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $281,276;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $149,096;
- 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 $117,966.
| HS code |
Name of product group | Value of exports in Q4 2018, US dollars ($) |
Percent share in total export | Value of exports in Q4 2017, US dollars ($) |
Percent change in Q4 2018 over Q4 2017 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 8,219 | 0.12 | 0 | ∞ |
| 22 | Beverages, spirits and vinegar | 40,589 | 0.58 | 0 | ∞ |
| 24 | Tobacco and manufactured tobacco substitutes | 845,184 | 12.10 | 319,570 | 164.48 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 1,025,759 | 14.68 | 352,333 | 191.13 |
| 30 | Pharmaceutical products | 13,962 | 0.20 | 7,470 | 86.91 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 0 | 0.00 | 32 | -100.00 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 1,953 | 0.03 | 398 | 390.70 |
| 39 | Plastics and articles thereof | 2,290 | 0.03 | 11 | 20,718.18 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 2,093 | 0.03 | 4,349 | -51.87 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 95 | 0.00 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 0 | 0.00 | 2,424 | -100.00 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0 | 0.00 | 149,096 | -100.00 |
| 69 | Ceramic products | 38,972 | 0.56 | 17,204 | 126.53 |
| 73 | Articles of iron or steel | 0 | 0.00 | 178 | -100.00 |
| 74 | Copper and articles thereof | 0 | 0.00 | 300 | -100.00 |
| 76 | Aluminum and articles thereof | 4,920,655 | 70.43 | 486,532 | 911.37 |
| 79 | Zinc and articles thereof | 0 | 0.00 | 45 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 168 | -100.00 |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 16,063 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 58,979 | 0.84 | 340,255 | -82.67 |
| 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 | 16,283 | 0.23 | 134,249 | -87.87 |
| 89 | Ships, boats and floating structures | 0 | 0.00 | 530,010 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 3,524 | 0.05 | 9,786 | -63.99 |
| 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 | 8,250 | 0.12 | 21,616 | -61.83 |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 4th quarter of 2018 (and in the 4th quarter of 2017) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 89.03% of Russia’s total imports from Montenegro (32.74% in the 4th quarter of 2017);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.26% of Russia’s total imports from Montenegro (6.09% in the 4th quarter of 2017).
The largest gains in Russia’s imports from Montenegro in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $5,435,662;
- Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - an increase of $20,211.
The largest declines in Russia’s imports from Montenegro in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $134,025;
- 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 $23,374;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $23,240.
| HS code |
Name of product group | Value of imports in Q4 2018, US dollars ($) |
Percent share in total import | Value of imports in Q4 2017, US dollars ($) |
Percent change in Q4 2018 over Q4 2017 |
|---|---|---|---|---|---|
| 22 | Beverages, spirits and vinegar | 0 | 0.00 | 10,012 | -100.00 |
| 30 | Pharmaceutical products | 5,867,076 | 89.02 | 431,414 | 1,259.96 |
| 39 | Plastics and articles thereof | 0 | 0.00 | 1,235 | -100.00 |
| 40 | Rubber and articles thereof | 819 | 0.01 | 2,277 | -64.03 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 13,053 | 0.20 | 5,134 | 154.25 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 20,211 | 0.31 | 0 | ∞ |
| 58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 0 | 0.00 | 96 | -100.00 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 6,083 | 0.09 | 0 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 657,540 | 9.98 | 791,565 | -16.93 |
| 72 | Iron and steel | 8,612 | 0.13 | 0 | ∞ |
| 73 | Articles of iron or steel | 115 | 0.00 | 689 | -83.31 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 13,023 | 0.20 | 29,947 | -56.51 |
| 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 | 3,884 | 0.06 | 27,258 | -85.75 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 412 | 0.01 | 23,652 | -98.26 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 0 | 0.00 | 5,049 | -100.00 |