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Russian foreign trade
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Russian trade with Trinidad and Tobago in 2011

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 2011: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In 2011, Russia’s trade with Trinidad and Tobago totaled $419,551,617, up 707.54% ($367,597,303) from 2010.

Russia’s exports to Trinidad and Tobago in 2011 totaled $419,307,778, up 709.05% ($367,480,348) from 2010.

Russia’s imports from Trinidad and Tobago in 2011 totaled $243,839, up 92.17% ($116,955) from 2010.

Russia’s trade surplus with Trinidad and Tobago in 2011 was $419,063,939, a 710.56% increase ($367,363,393) over 2010.

Trinidad and Tobago was Russia’s 84th largest trading partner in 2011 (up from 120th in 2010), accounting for 0.0510% of Russia’s total trade (up from 0.0083% in 2010).

Trinidad and Tobago was Russia’s 72nd largest export market in 2011 (up from 102nd in 2010), accounting for 0.0811% of Russia’s total exports (up from 0.0131% in 2010).

Trinidad and Tobago was Russia’s 160th largest supplier in 2011 (up from 164th in 2010), accounting for 0.0001% of Russia’s total imports (just as in 2010).

Russia’s Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago in 2011 (and in 2010) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 99.81% of Russia’s total exports to Trinidad and Tobago (95.86% in 2010);
  • Metals and products from them (HS codes 72-83) - 0.16% of Russia’s total exports to Trinidad and Tobago (3.62% in 2010).

The largest gains in Russia’s exports to Trinidad and Tobago in 2011 over 2010 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 $368,808,336.

The largest declines in Russia’s exports to Trinidad and Tobago in 2011 over 2010 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s exports to Trinidad and Tobago in 2011 by product groups
HS
code
Name of product group Value of exports
in 2011,
US dollars ($)
Percent share in total export Value of exports
in 2010,
US dollars ($)
Percent change
in 2011
over 2010
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 418,492,446 99.81 49,684,110742.31
31 Fertilizers 0 0.00 11,875-100.00
40 Rubber and articles thereof 410 0.00 0
44 Wood and articles of wood; wood charcoal 72,322 0.02 197,574-63.39
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 65,884 0.02 0
69 Ceramic products 1,684 0.00 3,150-46.54
72 Iron and steel 664,017 0.16 1,877,721-64.64
73 Articles of iron or steel 1,435 0.00 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,327 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 8,253 0.00 0
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 53,000-100.00

Russia’s Imports from Trinidad and Tobago

The major share of Russian imports from Trinidad and Tobago in 2011 (and in 2010) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 48.68% of Russia’s total imports from Trinidad and Tobago (89.25% in 2010);
  • Chemical products (HS codes 28-40) - 40.15% of Russia’s total imports from Trinidad and Tobago (0.00% in 2010);
  • Machinery, equipment and vehicles (HS codes 84-90) - 11.17% of Russia’s total imports from Trinidad and Tobago (10.75% in 2010).

The largest gains in Russia’s imports from Trinidad and Tobago in 2011 over 2010 were recorded for the following product groups:

  • Organic chemicals (HS code 29) - an increase of $94,743;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $10,162;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $5,470;
  • Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds (HS code 86) - an increase of $3,421;
  • Pharmaceutical products (HS code 30) - an increase of $3,159.

The largest declines in Russia’s imports from Trinidad and Tobago in 2011 over 2010 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s imports from Trinidad and Tobago in 2011 by product groups
HS
code
Name of product group Value of imports in 2011,
US dollars ($)
Percent share in total import Value of imports in 2010,
US dollars ($)
Percent change
in 2011
over 2010
22 Beverages, spirits and vinegar 118,711 48.68 113,2414.83
29 Organic chemicals 94,743 38.85 0
30 Pharmaceutical products 3,159 1.30 0
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 3,421 1.40 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 23,805 9.76 13,64374.49
Russian foreign trade statistics
Source: Federal Customs Service of Russia