Russian trade with Montenegro in 2018
based on data from the Federal Customs Service of Russia
Russia’s Trade with Montenegro
In 2018, Russia’s trade with Montenegro totaled $39,878,977, up 132.36% ($22,716,534) from 2017.
Russia’s exports to Montenegro in 2018 totaled $11,747,966, up 3.01% ($343,301) from 2017.
Russia’s imports from Montenegro in 2018 totaled $28,131,011, up 388.57% ($22,373,233) from 2017.
Russia’s trade balance with Montenegro went from a surplus of $5,646,887 in 2017, to a deficit of $16,383,045 in 2018.
Montenegro was Russia’s 139th largest trading partner in 2018 (up from 148th in 2017), accounting for 0.0058% of Russia’s total trade (up from 0.0029% in 2017).
Montenegro was Russia’s 149th largest export market in 2018 (down from 144th in 2017), accounting for 0.0026% of Russia’s total exports (down from 0.0032% in 2017).
Montenegro was Russia’s 103rd largest supplier in 2018 (up from 126th in 2017), accounting for 0.0118% of Russia’s total imports (up from 0.0025% in 2017).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in 2018 (and in 2017) was accounted for the following product types:
- Metals and products from them (HS codes 72-83) - 49.41% of Russia’s total exports to Montenegro (48.42% in 2017);
- Food products and agricultural raw materials (HS codes 01-24) - 20.85% of Russia’s total exports to Montenegro (14.41% in 2017);
- Mineral products (HS codes 25-27) - 20.04% of Russia’s total exports to Montenegro (12.96% in 2017);
- Machinery, equipment and vehicles (HS codes 84-90) - 7.98% of Russia’s total exports to Montenegro (20.68% in 2017);
- Chemical products (HS codes 28-40) - 0.52% of Russia’s total exports to Montenegro (1.61% in 2017).
The largest gains in Russia’s exports to Montenegro in 2018 over 2017 were recorded for the following product groups:
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $875,767;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $595,747;
- Aluminum and articles thereof (HS code 76) - an increase of $350,324;
- Meat and edible meat offal (HS code 02) - an increase of $254,171;
- Ceramic products (HS code 69) - an increase of $52,691.
The largest declines in Russia’s exports to Montenegro in 2018 over 2017 were recorded for the following product groups:
- Ships, boats and floating structures (HS code 89) - a decrease of $877,715;
- 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 $288,535;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $268,181;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $148,937;
- Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $130,212;
- Iron and steel (HS code 72) - a decrease of $53,727.
HS code |
Name of product group | Value of exports in 2018, US dollars ($) |
Percent share in total export | Value of exports in 2017, US dollars ($) |
Percent change in 2018 over 2017 |
---|---|---|---|---|---|
02 | Meat and edible meat offal | 254,171 | 2.16 | 0 | ∞ |
07 | Edible vegetables and certain roots and tubers | 8,219 | 0.07 | 0 | ∞ |
17 | Sugars and sugar confectionery | 0 | 0.00 | 1,345 | -100.00 |
18 | Cocoa and cocoa preparations | 2,664 | 0.02 | 12,142 | -78.06 |
19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 0 | 0.00 | 649 | -100.00 |
20 | Preparations of vegetables, fruit, nuts or other parts of plants | 9,366 | 0.08 | 0 | ∞ |
21 | Miscellaneous edible preparations | 36,092 | 0.31 | 64,125 | -43.72 |
22 | Beverages, spirits and vinegar | 59,300 | 0.50 | 81,762 | -27.47 |
24 | Tobacco and manufactured tobacco substitutes | 2,079,498 | 17.70 | 1,483,751 | 40.15 |
27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 2,354,256 | 20.04 | 1,478,489 | 59.23 |
30 | Pharmaceutical products | 42,265 | 0.36 | 34,667 | 21.92 |
32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 1,053 | 0.01 | 131,265 | -99.20 |
33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 6,171 | 0.05 | 1,854 | 232.85 |
39 | Plastics and articles thereof | 11,757 | 0.10 | 15,492 | -24.11 |
44 | Wood and articles of wood; wood charcoal | 3,118 | 0.03 | 15,964 | -80.47 |
48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 0 | 0.00 | 230 | -100.00 |
49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 7,001 | 0.06 | 7,161 | -2.23 |
56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 321 | 0.00 | 0 | ∞ |
61 | Articles of apparel and clothing accessories, knitted or crocheted | 4,943 | 0.04 | 0 | ∞ |
62 | Articles of apparel and clothing accessories, not knitted or crocheted | 677 | 0.01 | 2,661 | -74.56 |
63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 20,987 | 0.18 | 2,424 | 765.80 |
64 | Footwear, gaiters and the like; parts of such articles | 82 | 0.00 | 0 | ∞ |
65 | Headgear and parts thereof | 4 | 0.00 | 0 | ∞ |
66 | Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof | 707 | 0.01 | 0 | ∞ |
67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 0 | 0.00 | 574 | -100.00 |
68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 303 | 0.00 | 149,240 | -99.80 |
69 | Ceramic products | 69,895 | 0.59 | 17,204 | 306.27 |
70 | Glass and glassware | 594 | 0.01 | 0 | ∞ |
72 | Iron and steel | 0 | 0.00 | 53,727 | -100.00 |
73 | Articles of iron or steel | 19,500 | 0.17 | 13,519 | 44.24 |
74 | Copper and articles thereof | 0 | 0.00 | 300 | -100.00 |
76 | Aluminum and articles thereof | 5,783,298 | 49.23 | 5,432,974 | 6.45 |
79 | Zinc and articles thereof | 47 | 0.00 | 45 | 4.44 |
81 | Other base metals; cermets; articles thereof | 1,629 | 0.01 | 0 | ∞ |
82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 108 | 0.00 | 635 | -82.99 |
83 | Miscellaneous articles of base metal | 472 | 0.00 | 20,513 | -97.70 |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 751,356 | 6.40 | 1,019,537 | -26.30 |
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 | 138,510 | 1.18 | 427,045 | -67.57 |
89 | Ships, boats and floating structures | 10,340 | 0.09 | 888,055 | -98.84 |
90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 37,311 | 0.32 | 24,223 | 54.03 |
91 | Clocks and watches and parts thereof | 0 | 0.00 | 245 | -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 | 31,951 | 0.27 | 21,616 | 47.81 |
96 | Miscellaneous manufactured articles | 0 | 0.00 | 65 | -100.00 |
SS | Classified | 0 | 0.00 | 1 167 | -100.00 |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in 2018 (and in 2017) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 89.92% of Russia’s total imports from Montenegro (47.78% in 2017);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.66% of Russia’s total imports from Montenegro (2.32% in 2017);
- Food products and agricultural raw materials (HS codes 01-24) - 0.00% of Russia’s total imports from Montenegro (8.36% in 2017).
The largest gains in Russia’s imports from Montenegro in 2018 over 2017 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $22,547,731;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $212,351;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $94,614.
The largest declines in Russia’s imports from Montenegro in 2018 over 2017 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - a decrease of $481,616.
HS code |
Name of product group | Value of imports in 2018, US dollars ($) |
Percent share in total import | Value of imports in 2017, US dollars ($) |
Percent change in 2018 over 2017 |
---|---|---|---|---|---|
22 | Beverages, spirits and vinegar | 0 | 0.00 | 481,616 | -100.00 |
30 | Pharmaceutical products | 25,292,938 | 89.91 | 2,745,207 | 821.35 |
33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0 | 0.00 | 30 | -100.00 |
39 | Plastics and articles thereof | 225 | 0.00 | 2,029 | -88.91 |
40 | Rubber and articles thereof | 1,818 | 0.01 | 3,856 | -52.85 |
49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 47,184 | 0.17 | 28,751 | 64.11 |
56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 20,211 | 0.07 | 7 | 288,628.57 |
58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 0 | 0.00 | 96 | -100.00 |
61 | Articles of apparel and clothing accessories, knitted or crocheted | 0 | 0.00 | 15 | -100.00 |
63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 6,083 | 0.02 | 2,534 | 140.06 |
64 | Footwear, gaiters and the like; parts of such articles | 0 | 0.00 | 3,251 | -100.00 |
68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 2,546,264 | 9.05 | 2,333,913 | 9.10 |
72 | Iron and steel | 15,891 | 0.06 | 0 | ∞ |
73 | Articles of iron or steel | 716 | 0.00 | 17,008 | -95.79 |
74 | Copper and articles thereof | 0 | 0.00 | 42 | -100.00 |
80 | Tin and articles thereof | 0 | 0.00 | 721 | -100.00 |
83 | Miscellaneous articles of base metal | 0 | 0.00 | 195 | -100.00 |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 59,035 | 0.21 | 73,089 | -19.23 |
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 | 8,928 | 0.03 | 35,729 | -75.01 |
87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 320 | 0.00 | 622 | -48.55 |
90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 118,632 | 0.42 | 24,018 | 393.93 |
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 | 12,766 | 0.05 | 0 | ∞ |
95 | Toys, games and sports requisites; parts and accessories thereof | 0 | 0.00 | 5,049 | -100.00 |