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Russian trade in goods with Puerto Rico in Q2 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 second quarter of 2021: exports, imports, products, dynamics.

Russia’s Trade with Puerto Rico

In the 2nd quarter of 2021, Russia’s trade with Puerto Rico totaled $194,818,892, up 90.45% ($92,523,911) from the 2nd quarter of 2020.

Russia’s exports to Puerto Rico in the 2nd quarter of 2021 totaled $105,367,265, up 582.87% ($89,937,217) from the 2nd quarter of 2020.

Russia’s imports from Puerto Rico in the 2nd quarter of 2021 totaled $89,451,627, up 2.98% ($2,586,694) from the 2nd quarter of 2020.

Russia’s trade balance with Puerto Rico went from a deficit of $71,434,885 in the 2nd quarter of 2020, to a surplus of $15,915,638 in the 2nd quarter of 2021.

Puerto Rico was Russia’s 75th largest trading partner in the 2nd quarter of 2021 (up from 79th in the 2nd quarter of 2020), accounting for 0.1029% of Russia’s total trade (up from 0.0838% in the 2nd quarter of 2020).

Puerto Rico was Russia’s 72nd largest export market in the 2nd quarter of 2021 (up from 109th in the 2nd quarter of 2020), accounting for 0.0916% of Russia’s total exports (up from 0.0221% in the 2nd quarter of 2020).

Puerto Rico was Russia’s 64th largest supplier in the 2nd quarter of 2021 (down from 63rd in the 2nd quarter of 2020), accounting for 0.1205% of Russia’s total imports (down from 0.1668% in the 2nd quarter of 2020).

Russia’s Exports to Puerto Rico

The major share of Russian exports to Puerto Rico in the 2nd quarter of 2021 (and in the 2nd quarter of 2020) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 90.69% of Russia’s total exports to Puerto Rico (99.61% in the 2nd quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 8.55% of Russia’s total exports to Puerto Rico (0.00% in the 2nd quarter of 2020).

The largest gains in Russia’s exports to Puerto Rico in the 2nd quarter of 2021 over the 2nd 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 $80,191,675;
  • Iron and steel (HS code 72) - an increase of $9,007,402;
  • Fertilizers (HS code 31) - an increase of $458,808.

The largest declines in Russia’s exports to Puerto Rico in the 2nd quarter of 2021 over the 2nd quarter of 2020 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 2021 by product groups
HS
code
Name of product group Value of exports
in Q2 2021,
US dollars ($)
Percent share in total export Value of exports
in Q2 2020,
US dollars ($)
Percent change
in Q2 2021
over Q2 2020
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 95,561,435 90.69 15,369,760521.75
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 12,467 0.01 34,711-64.08
31 Fertilizers 470,560 0.45 11,7523,904.08
39 Plastics and articles thereof 14,055 0.01 4,490213.03
40 Rubber and articles thereof 43,304 0.04 0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 9 0.00 0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 3 0.00 14-78.57
61 Articles of apparel and clothing accessories, knitted or crocheted 33 0.00 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0 0.00 25-100.00
64 Footwear, gaiters and the like; parts of such articles 715 0.00 352103.13
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 8,944-100.00
72 Iron and steel 9,007,402 8.55 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 3,024 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 252,716 0.24 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,542 0.00 0

Russia’s Imports from Puerto Rico

The major share of Russian imports from Puerto Rico in the 2nd quarter of 2021 (and in the 2nd quarter of 2020) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 93.07% of Russia’s total imports from Puerto Rico (98.64% in the 2nd quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 6.42% of Russia’s total imports from Puerto Rico (0.00% in the 2nd quarter of 2020);
  • Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total imports from Puerto Rico (1.30% in the 2nd quarter of 2020).

The largest gains in Russia’s imports from Puerto Rico in the 2nd quarter of 2021 over the 2nd quarter of 2020 were recorded for the following product groups:

  • Organic chemicals (HS code 29) - an increase of $6,313,061;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $5,710,792.

The largest declines in Russia’s imports from Puerto Rico in the 2nd quarter of 2021 over the 2nd quarter of 2020 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - a decrease of $8,717,885;
  • Copper and articles thereof (HS code 74) - a decrease of $1,132,338.
Russia’s imports from Puerto Rico in the 2nd quarter of 2021 by product groups
HS
code
Name of product group Value of imports in Q2 2021,
US dollars ($)
Percent share in total import Value of imports in Q2 2020,
US dollars ($)
Percent change
in Q2 2021
over Q2 2020
08 Edible fruit and nuts; peel of citrus fruit or melons 25,370 0.03 0
22 Beverages, spirits and vinegar 5,714,147 6.39 3,355170,217.35
29 Organic chemicals 6,313,061 7.06 0
30 Pharmaceutical products 76,839,139 85.90 85,557,024-10.19
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 89,944 0.10 25,717249.75
38 Miscellaneous chemical products 1,872 0.00 0
39 Plastics and articles thereof 6,649 0.01 102,390-93.51
40 Rubber and articles thereof 0 0.00 2-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0 0.00 4,169-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 224,730 0.25 0
73 Articles of iron or steel 0 0.00 14-100.00
74 Copper and articles thereof 0 0.00 1,132,338-100.00
83 Miscellaneous articles of base metal 606 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 8,293 0.01 22,719-63.50
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 24,097 0.03 7,407225.33
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 203,719 0.23 9,7981,979.19
Russian foreign trade statistics
Source: Federal Customs Service of Russia