Russian foreign trade
reports and reviews

Russian trade in goods with Puerto Rico in Q2 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 Puerto Rico in the second quarter of 2019: exports, imports, products, dynamics.

Russia’s Trade with Puerto Rico

In the 2nd quarter of 2019, Russia’s trade with Puerto Rico totaled $128,220,099, up 152.21% ($77,380,708) from the 2nd quarter of 2018.

Russia’s exports to Puerto Rico in the 2nd quarter of 2019 totaled $75,132,770, up 4,535.44% ($73,511,936) from the 2nd quarter of 2018.

Russia’s imports from Puerto Rico in the 2nd quarter of 2019 totaled $53,087,329, up 7.86% ($3,868,772) from the 2nd quarter of 2018.

Russia’s trade balance with Puerto Rico went from a deficit of $47,597,723 in the 2nd quarter of 2018, to a surplus of $22,045,441 in the 2nd quarter of 2019.

Puerto Rico was Russia’s 78th largest trading partner in the 2nd quarter of 2019 (up from 103rd in the 2nd quarter of 2018), accounting for 0.0801% of Russia’s total trade (up from 0.0297% in the 2nd quarter of 2018).

Puerto Rico was Russia’s 78th largest export market in the 2nd quarter of 2019 (up from 150th in the 2nd quarter of 2018), accounting for 0.0746% of Russia’s total exports (up from 0.0015% in the 2nd quarter of 2018).

Puerto Rico was Russia’s 70th largest supplier in the 2nd quarter of 2019 (up from 71st in the 2nd quarter of 2018), accounting for 0.0895% of Russia’s total imports (up from 0.0811% in the 2nd quarter of 2018).

Russia’s Exports to Puerto Rico

The major share of Russian exports to Puerto Rico in the 2nd quarter of 2019 (and in the 2nd quarter of 2018) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 95.54% of Russia’s total exports to Puerto Rico (0.00% in the 2nd quarter of 2018);
  • Metals and products from them (HS codes 72-83) - 2.40% of Russia’s total exports to Puerto Rico (0.00% in the 2nd quarter of 2018);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.05% of Russia’s total exports to Puerto Rico (94.53% in the 2nd quarter of 2018);
  • Chemical products (HS codes 28-40) - 0.02% of Russia’s total exports to Puerto Rico (1.95% in the 2nd quarter of 2018).

The largest gains in Russia’s exports to Puerto Rico in the 2nd quarter of 2019 over the 2nd quarter of 2018 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 $71,779,264;
  • Aluminum and articles thereof (HS code 76) - an increase of $1,774,863.

The largest declines in Russia’s exports to Puerto Rico in the 2nd quarter of 2019 over the 2nd quarter of 2018 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s exports to Puerto Rico in the 2nd quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q2 2019,
US dollars ($)
Percent share in total export Value of exports
in Q2 2018,
US dollars ($)
Percent change
in Q2 2019
over Q2 2018
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 71,779,264 95.54 0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 12,697 0.02 7,48669.61
39 Plastics and articles thereof 0 0.00 24,150-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 94 0.00 0
64 Footwear, gaiters and the like; parts of such articles 985 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 57,013-100.00
72 Iron and steel 24,782 0.03 0
76 Aluminum and articles thereof 1,774,863 2.36 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,540,085 2.05 1,532,1850.52

Russia’s Imports from Puerto Rico

The major share of Russian imports from Puerto Rico in the 2nd quarter of 2019 (and in the 2nd quarter of 2018) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 98.66% of Russia’s total imports from Puerto Rico (99.18% in the 2nd quarter of 2018).

The largest gains in Russia’s imports from Puerto Rico in the 2nd quarter of 2019 over the 2nd quarter of 2018 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - an increase of $3,875,994;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $307,350.

The largest declines in Russia’s imports from Puerto Rico in the 2nd quarter of 2019 over the 2nd quarter of 2018 were recorded for the following product groups:

  • Miscellaneous chemical products (HS code 38) - a decrease of $273,115.
Russia’s imports from Puerto Rico in the 2nd quarter of 2019 by product groups
HS
code
Name of product group Value of imports in Q2 2019,
US dollars ($)
Percent share in total import Value of imports in Q2 2018,
US dollars ($)
Percent change
in Q2 2019
over Q2 2018
08 Edible fruit and nuts; peel of citrus fruit or melons 307,350 0.58 0
10 Cereals 22 0.00 0
22 Beverages, spirits and vinegar 24,538 0.05 39,881-38.47
29 Organic chemicals 5,015 0.01 4,7156.36
30 Pharmaceutical products 52,261,698 98.44 48,385,7048.01
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 47,149 0.09 122,698-61.57
38 Miscellaneous chemical products 0 0.00 273,115-100.00
39 Plastics and articles thereof 63,735 0.12 30,474109.15
40 Rubber and articles thereof 0 0.00 123-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 10,339 0.02 56,445-81.68
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0 0.00 568-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 59,833 0.11 51,10817.07
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 12,356 0.02 71,585-82.74
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 265,294 0.50 181,93845.82
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 0 0.00 203-100.00
95 Toys, games and sports requisites; parts and accessories thereof 30,000 0.06 0
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Russian foreign trade statistics
Source: Federal Customs Service of Russia