Russian foreign trade
reports and reviews

Russian trade in goods with Montenegro in Q1 2019

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Montenegro in the first quarter of 2019: exports, imports, products, dynamics.

Russia’s Trade with Montenegro

In the 1st quarter of 2019, Russia’s trade with Montenegro totaled $7,766,646, up 18.01% ($1,185,439) from the 1st quarter of 2018.

Russia’s exports to Montenegro in the 1st quarter of 2019 were $1,460,654, down 1.80% ($26,741) from the 1st quarter of 2018.

Russia’s imports from Montenegro in the 1st quarter of 2019 totaled $6,305,992, up 23.80% ($1,212,180) from the 1st quarter of 2018.

Russia’s trade deficit with Montenegro in the 1st quarter of 2019 was $4,845,338, a 34.35% increase ($1,238,921) over the 1st quarter of 2018.

Montenegro was Russia’s 138th largest trading partner in the 1st quarter of 2019 (just as in the 1st quarter of 2018), accounting for 0.0049% of Russia’s total trade (up from 0.0042% in the 1st quarter of 2018).

Montenegro was Russia’s 148th largest export market in the 1st quarter of 2019 (just as in the 1st quarter of 2018), accounting for 0.0014% of Russia’s total exports (just as in the 1st quarter of 2018).

Montenegro was Russia’s 100th largest supplier in the 1st quarter of 2019 (up from 104th in the 1st quarter of 2018), accounting for 0.0119% of Russia’s total imports (up from 0.0093% in the 1st quarter of 2018).

Russia’s Exports to Montenegro

The major share of Russian exports to Montenegro in the 1st quarter of 2019 (and in the 1st quarter of 2018) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 51.16% of Russia’s total exports to Montenegro (30.57% in the 1st quarter of 2018);
  • Metals and products from them (HS codes 72-83) - 29.24% of Russia’s total exports to Montenegro (46.91% in the 1st quarter of 2018);
  • Machinery, equipment and vehicles (HS codes 84-90) - 9.60% of Russia’s total exports to Montenegro (13.07% in the 1st quarter of 2018);
  • Mineral products (HS codes 25-27) - 7.13% of Russia’s total exports to Montenegro (8.55% in the 1st quarter of 2018).

The largest gains in Russia’s exports to Montenegro in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:

  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $519,717;
  • Cereals (HS code 10) - an increase of $27,000;
  • Ceramic products (HS code 69) - an increase of $16,515;
  • Ships, boats and floating structures (HS code 89) - an increase of $14,176;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $11,252;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - an increase of $4,444.

The largest declines in Russia’s exports to Montenegro in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - a decrease of $269,569;
  • Meat and edible meat offal (HS code 02) - a decrease of $254,171;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $64,102;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $23,017;
  • 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 $15,553.
Russia’s exports to Montenegro in the 1st quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q1 2019,
US dollars ($)
Percent share in total export Value of exports
in Q1 2018,
US dollars ($)
Percent change
in Q1 2019
over Q1 2018
02 Meat and edible meat offal 0 0.00 254,171-100.00
10 Cereals 27,000 1.85 0
24 Tobacco and manufactured tobacco substitutes 720,253 49.31 200,536259.16
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 104,129 7.13 127,146-18.10
30 Pharmaceutical products 25 0.00 0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 63 0.00 0
39 Plastics and articles thereof 5,495 0.38 1,280329.30
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 4,444 0.30 0
44 Wood and articles of wood; wood charcoal 0 0.00 418-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 607 0.04 1,427-57.46
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0 0.00 321-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 3,914 0.27 0
65 Headgear and parts thereof 762 0.05 0
69 Ceramic products 26,525 1.82 10,010164.99
73 Articles of iron or steel 175 0.01 1,269-86.21
76 Aluminum and articles thereof 426,852 29.22 696,421-38.71
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 87,298 5.98 151,400-42.34
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 25,423 1.74 40,976-37.96
89 Ships, boats and floating structures 14,176 0.97 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 13,272 0.91 2,020557.03
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 241 0.02 0

Russia’s Imports from Montenegro

The major share of Russian imports from Montenegro in the 1st quarter of 2019 (and in the 1st quarter of 2018) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 94.20% of Russia’s total imports from Montenegro (87.67% in the 1st quarter of 2018).

The largest gains in Russia’s imports from Montenegro in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - an increase of $1,474,649.

The largest declines in Russia’s imports from Montenegro in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:

  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $264,401.
Russia’s imports from Montenegro in the 1st quarter of 2019 by product groups
HS
code
Name of product group Value of imports in Q1 2019,
US dollars ($)
Percent share in total import Value of imports in Q1 2018,
US dollars ($)
Percent change
in Q1 2019
over Q1 2018
30 Pharmaceutical products 5,940,114 94.20 4,465,46533.02
39 Plastics and articles thereof 0 0.00 145-100.00
40 Rubber and articles thereof 1 0.00 209-99.52
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 14,657 0.23 9,68551.34
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 335,037 5.31 599,438-44.11
72 Iron and steel 7,880 0.12 0
73 Articles of iron or steel 0 0.00 65-100.00
83 Miscellaneous articles of base metal 1 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 7,117 0.11 16,825-57.70
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 667 0.01 1,980-66.31
96 Miscellaneous manufactured articles 518 0.01 0
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Russian foreign trade statistics
Source: Federal Customs Service of Russia