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Russian trade in goods with Puerto Rico in Q1 2021

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 first quarter of 2021: exports, imports, products, dynamics.

Russia’s Trade with Puerto Rico

In the 1st quarter of 2021, Russia’s trade with Puerto Rico totaled $170,366,649, up 1,890.84% ($161,809,119) from the 1st quarter of 2020.

Russia’s exports to Puerto Rico in the 1st quarter of 2021 totaled $100,154,471, up 6,761.15% ($98,694,737) from the 1st quarter of 2020.

Russia’s imports from Puerto Rico in the 1st quarter of 2021 totaled $70,212,178, up 889.21% ($63,114,382) from the 1st quarter of 2020.

Russia’s trade balance with Puerto Rico went from a deficit of $5,638,062 in the 1st quarter of 2020, to a surplus of $29,942,293 in the 1st quarter of 2021.

Puerto Rico was Russia’s 71st largest trading partner in the 1st quarter of 2021 (up from 133rd in the 1st quarter of 2020), accounting for 0.1102% of Russia’s total trade (up from 0.0060% in the 1st quarter of 2020).

Puerto Rico was Russia’s 74th largest export market in the 1st quarter of 2021 (up from 143rd in the 1st quarter of 2020), accounting for 0.1086% of Russia’s total exports (up from 0.0016% in the 1st quarter of 2020).

Puerto Rico was Russia’s 66th largest supplier in the 1st quarter of 2021 (up from 101st in the 1st quarter of 2020), accounting for 0.1127% of Russia’s total imports (up from 0.0134% in the 1st quarter of 2020).

Russia’s Exports to Puerto Rico

The major share of Russian exports to Puerto Rico in the 1st quarter of 2021 (and in the 1st quarter of 2020) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 99.30% of Russia’s total exports to Puerto Rico (0.00% in the 1st quarter of 2020);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.49% of Russia’s total exports to Puerto Rico (89.65% in the 1st quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 0.15% of Russia’s total exports to Puerto Rico (9.25% in the 1st quarter of 2020).

The largest gains in Russia’s exports to Puerto Rico in the 1st quarter of 2021 over the 1st quarter of 2020 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 $99,452,328.

The largest declines in Russia’s exports to Puerto Rico in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $818,185.
Russia’s exports to Puerto Rico in the 1st quarter of 2021 by product groups
HS
code
Name of product group Value of exports
in Q1 2021,
US dollars ($)
Percent share in total export Value of exports
in Q1 2020,
US dollars ($)
Percent change
in Q1 2021
over Q1 2020
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 99,452,328 99.30 0
31 Fertilizers 52,506 0.05 0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 171-100.00
39 Plastics and articles thereof 0 0.00 3,575-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 35 0.00 350.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 556-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 35 0.00 350.00
61 Articles of apparel and clothing accessories, knitted or crocheted 107 0.00 0
62 Articles of apparel and clothing accessories, not knitted or crocheted 169 0.00 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0 0.00 161-100.00
64 Footwear, gaiters and the like; parts of such articles 666 0.00 1,375-51.56
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 9,685 0.01 9,1765.55
72 Iron and steel 147,103 0.15 133,60610.10
73 Articles of iron or steel 0 0.00 1,391-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 489,508 0.49 1,307,693-62.57
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,420 0.00 1,01040.59
92 Musical instruments; parts and accessories of such articles 909 0.00 950-4.32

Russia’s Imports from Puerto Rico

The major share of Russian imports from Puerto Rico in the 1st quarter of 2021 (and in the 1st quarter of 2020) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 96.68% of Russia’s total imports from Puerto Rico (73.98% in the 1st quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.15% of Russia’s total imports from Puerto Rico (0.26% in the 1st quarter of 2020);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.16% of Russia’s total imports from Puerto Rico (2.43% in the 1st quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total imports from Puerto Rico (22.80% in the 1st quarter of 2020).

The largest gains in Russia’s imports from Puerto Rico in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - an increase of $62,733,440;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $2,191,264.

The largest declines in Russia’s imports from Puerto Rico in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:

  • Copper and articles thereof (HS code 74) - a decrease of $1,618,195.
Russia’s imports from Puerto Rico in the 1st quarter of 2021 by product groups
HS
code
Name of product group Value of imports in Q1 2021,
US dollars ($)
Percent share in total import Value of imports in Q1 2020,
US dollars ($)
Percent change
in Q1 2021
over Q1 2020
22 Beverages, spirits and vinegar 2,209,465 3.15 18,20112,039.25
30 Pharmaceutical products 67,771,058 96.52 5,037,6181,245.30
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 110,362 0.16 89,01123.99
39 Plastics and articles thereof 622 0.00 124,485-99.50
40 Rubber and articles thereof 60 0.00 5117.65
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0 0.00 8,617-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 0 0.00 977-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 6,972 0.01 28,016-75.11
74 Copper and articles thereof 0 0.00 1,618,195-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 77 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 34,919 0.05 71,999-51.50
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 3,275 0.00 6,258-47.67
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 690 0.00 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 74,678 0.11 94,368-20.87
Russian foreign trade statistics
Source: Federal Customs Service of Russia