Russian foreign trade
reports and reviews

Russian trade in goods with Trinidad and Tobago 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 Trinidad and Tobago in the second quarter of 2019: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In the 2nd quarter of 2019, Russia’s trade with Trinidad and Tobago was $11,491,991, down 93.49% ($164,922,570) from the 2nd quarter of 2018.

Russia’s exports to Trinidad and Tobago in the 2nd quarter of 2019 were $11,308,948, down 93.58% ($164,963,752) from the 2nd quarter of 2018.

Russia’s imports from Trinidad and Tobago in the 2nd quarter of 2019 totaled $183,043, up 29.03% ($41,182) from the 2nd quarter of 2018.

Russia’s trade surplus with Trinidad and Tobago in the 2nd quarter of 2019 was $11,125,905, a 93.68% decrease ($165,004,934) over the 2nd quarter of 2018.

Trinidad and Tobago was Russia’s 134th largest trading partner in the 2nd quarter of 2019 (down from 77th in the 2nd quarter of 2018), accounting for 0.0072% of Russia’s total trade (down from 0.1032% in the 2nd quarter of 2018).

Trinidad and Tobago was Russia’s 116th largest export market in the 2nd quarter of 2019 (down from 65th in the 2nd quarter of 2018), accounting for 0.0112% of Russia’s total exports (down from 0.1600% in the 2nd quarter of 2018).

Trinidad and Tobago was Russia’s 151st largest supplier in the 2nd quarter of 2019 (down from 145th in the 2nd quarter of 2018), accounting for 0.0003% of Russia’s total imports (up from 0.0002% in the 2nd quarter of 2018).

Russia’s Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago 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) - 96.00% of Russia’s total exports to Trinidad and Tobago (99.92% in the 2nd quarter of 2018);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.82% of Russia’s total exports to Trinidad and Tobago (0.00% in the 2nd quarter of 2018).

The largest gains in Russia’s exports to Trinidad and Tobago in the 2nd quarter of 2019 over the 2nd quarter of 2018 were recorded for the following product groups:

  • Ores, slag and ash (HS code 26) - an increase of $10,856,221;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $172,316;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $85,155.

The largest declines in Russia’s exports to Trinidad and Tobago 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) - a decrease of $176,132,854.
Russia’s exports to Trinidad and Tobago in the 2nd quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q2 2019,
US dollars ($)
Percent share in total export Value of exports
in Q2 2018,
US dollars ($)
Percent change
in Q2 2019
over Q2 2018
07 Edible vegetables and certain roots and tubers 99,605 0.88 14,450589.31
26 Ores, slag and ash 10,856,221 96.00 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0 0.00 176,132,854-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 14,209 0.13 5,064180.59
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 1,146-100.00
40 Rubber and articles thereof 26 0.00 0
44 Wood and articles of wood; wood charcoal 14,664 0.13 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 69,973 0.62 80,672-13.26
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 19 0.00 0
69 Ceramic products 30,634 0.27 36,615-16.33
73 Articles of iron or steel 17,697 0.16 1,3631,198.39
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 2 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 172,852 1.53 53632,148.51
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 33,046 0.29 0

Russia’s Imports from Trinidad and Tobago

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

  • Food products and agricultural raw materials (HS codes 01-24) - 99.45% of Russia’s total imports from Trinidad and Tobago (98.99% in the 2nd quarter of 2018);
  • Mineral products (HS codes 25-27) - 0.00% of Russia’s total imports from Trinidad and Tobago (1.01% in the 2nd quarter of 2018).

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

  • Beverages, spirits and vinegar (HS code 22) - an increase of $42,655;
  • Articles of iron or steel (HS code 73) - an increase of $1,007.

The largest declines in Russia’s imports from Trinidad and Tobago 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) - a decrease of $1,427;
  • Cocoa and cocoa preparations (HS code 18) - a decrease of $1,053.
Russia’s imports from Trinidad and Tobago in the 2nd quarter of 2019 by product groups
HS
code
Name of product group Value of imports in Q2 2019,
US dollars ($)
Percent share in total import Value of imports in Q2 2018,
US dollars ($)
Percent change
in Q2 2019
over Q2 2018
18 Cocoa and cocoa preparations 0 0.00 1,053-100.00
22 Beverages, spirits and vinegar 182,036 99.45 139,38130.60
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0 0.00 1,427-100.00
73 Articles of iron or steel 1,007 0.55 0
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Russian foreign trade statistics
Source: Federal Customs Service of Russia