Russian trade in goods with Nicaragua in Q4 2018
based on data from the Federal Customs Service of Russia
Russia’s Trade with Nicaragua
In the 4th quarter of 2018, Russia’s trade with Nicaragua totaled $22,883,582, up 108.60% ($11,913,681) from the 4th quarter of 2017.
Russia’s exports to Nicaragua in the 4th quarter of 2018 totaled $19,752,140, up 149.82% ($11,845,585) from the 4th quarter of 2017.
Russia’s imports from Nicaragua in the 4th quarter of 2018 totaled $3,131,442, up 2.22% ($68,096) from the 4th quarter of 2017.
Russia’s trade surplus with Nicaragua in the 4th quarter of 2018 was $16,620,698, a 243.18% increase ($11,777,489) over the 4th quarter of 2017.
Nicaragua was Russia’s 124th largest trading partner in the 4th quarter of 2018 (up from 133rd in the 4th quarter of 2017), accounting for 0.0122% of Russia’s total trade (up from 0.0066% in the 4th quarter of 2017).
Nicaragua was Russia’s 112th largest export market in the 4th quarter of 2018 (up from 121st in the 4th quarter of 2017), accounting for 0.0159% of Russia’s total exports (up from 0.0077% in the 4th quarter of 2017).
Nicaragua was Russia’s 118th largest supplier in the 4th quarter of 2018 (down from 113th in the 4th quarter of 2017), accounting for 0.0050% of Russia’s total imports (up from 0.0048% in the 4th quarter of 2017).
Russia’s Exports to Nicaragua
The major share of Russian exports to Nicaragua 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) - 52.32% of Russia’s total exports to Nicaragua (6.26% in the 4th quarter of 2017);
- Food products and agricultural raw materials (HS codes 01-24) - 37.11% of Russia’s total exports to Nicaragua (80.66% in the 4th quarter of 2017);
- Metals and products from them (HS codes 72-83) - 7.03% of Russia’s total exports to Nicaragua (1.79% in the 4th quarter of 2017);
- Mineral products (HS codes 25-27) - 2.26% of Russia’s total exports to Nicaragua (0.40% in the 4th quarter of 2017);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.09% of Russia’s total exports to Nicaragua (9.03% in the 4th quarter of 2017).
The largest gains in Russia’s exports to Nicaragua in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:
- Fertilizers (HS code 31) - an increase of $9,344,396;
- Iron and steel (HS code 72) - an increase of $1,279,172;
- Pharmaceutical products (HS code 30) - an increase of $666,806;
- Cereals (HS code 10) - an increase of $416,617;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $413,950;
- Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $308,192;
- Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - an increase of $226,747;
- 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) - an increase of $163,435.
The largest declines in Russia’s exports to Nicaragua in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $556,054;
- Rubber and articles thereof (HS code 40) - a decrease of $182,070;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $89,248;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $82,712.
| HS code |
Name of product group | Value of exports in Q4 2018, US dollars ($) |
Percent share in total export | Value of exports in Q4 2017, US dollars ($) |
Percent change in Q4 2018 over Q4 2017 |
|---|---|---|---|---|---|
| 10 | Cereals | 6,794,270 | 34.40 | 6,377,653 | 6.53 |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 226,747 | 1.15 | 0 | ∞ |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 308,192 | 1.56 | 0 | ∞ |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 445,825 | 2.26 | 31,875 | 1,298.67 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 56,655 | 0.29 | 18,912 | 199.57 |
| 30 | Pharmaceutical products | 666,806 | 3.38 | 0 | ∞ |
| 31 | Fertilizers | 9,344,396 | 47.31 | 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 | 998 | -100.00 |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 37 | 0.00 | 62 | -40.32 |
| 39 | Plastics and articles thereof | 0 | 0.00 | 26,695 | -100.00 |
| 40 | Rubber and articles thereof | 266,543 | 1.35 | 448,613 | -40.59 |
| 44 | Wood and articles of wood; wood charcoal | 70,384 | 0.36 | 26,306 | 167.56 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 168 | 0.00 | 13,883 | -98.79 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 5,329 | -100.00 |
| 54 | Man-made filaments | 85 | 0.00 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 53 | 0.00 | 0 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0 | 0.00 | 89,248 | -100.00 |
| 70 | Glass and glassware | 0 | 0.00 | 8,883 | -100.00 |
| 72 | Iron and steel | 1,387,109 | 7.02 | 107,937 | 1,185.11 |
| 73 | Articles of iron or steel | 1,256 | 0.01 | 7,714 | -83.72 |
| 74 | Copper and articles thereof | 0 | 0.00 | 338 | -100.00 |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 2,793 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 142 | -100.00 |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 22,715 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 2,465 | 0.01 | 558,519 | -99.56 |
| 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 | 744 | 0.00 | 57,110 | -98.70 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 14,213 | 0.07 | 96,925 | -85.34 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 319 | 0.00 | 1,467 | -78.25 |
| 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 | 165,873 | 0.84 | 2,438 | 6,703.65 |
Russia’s Imports from Nicaragua
The major share of Russian imports from Nicaragua in the 4th quarter of 2018 (and in the 4th quarter of 2017) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 94.77% of Russia’s total imports from Nicaragua (97.73% in the 4th quarter of 2017);
- Textiles, textile products and footwear (HS codes 50-67) - 5.01% of Russia’s total imports from Nicaragua (1.93% in the 4th quarter of 2017).
The largest gains in Russia’s imports from Nicaragua in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $476,387;
- Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $100,057;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $96,364;
- Beverages, spirits and vinegar (HS code 22) - an increase of $20,937.
The largest declines in Russia’s imports from Nicaragua in the 4th quarter of 2018 over the 4th quarter of 2017 were recorded for the following product groups:
- Coffee, tea, maté and spices (HS code 09) - a decrease of $437,308;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $182,652.
| HS code |
Name of product group | Value of imports in Q4 2018, US dollars ($) |
Percent share in total import | Value of imports in Q4 2017, US dollars ($) |
Percent change in Q4 2018 over Q4 2017 |
|---|---|---|---|---|---|
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 1,045,455 | 33.39 | 569,068 | 83.71 |
| 09 | Coffee, tea, maté and spices | 1,332,048 | 42.54 | 1,769,356 | -24.72 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 442,998 | 14.15 | 625,650 | -29.19 |
| 22 | Beverages, spirits and vinegar | 30,456 | 0.97 | 9,519 | 219.95 |
| 24 | Tobacco and manufactured tobacco substitutes | 116,558 | 3.72 | 20,194 | 477.19 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 0 | 0.00 | 49 | -100.00 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 0 | 0.00 | 44 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 0 | 0.00 | 328 | -100.00 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 1 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 148,061 | 4.73 | 48,004 | 208.43 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 8,955 | 0.29 | 11,233 | -20.28 |
| 64 | Footwear, gaiters and the like; parts of such articles | 0 | 0.00 | 14 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 0 | 0.00 | 5 | -100.00 |
| 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 | 6,911 | 0.22 | 9,881 | -30.06 |