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Russian trade with Puerto Rico in the 1st quarter of 2016

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 2016: exports, imports, products, dynamics.

Russia's Trade with Puerto Rico

In the 1st quarter of 2016, Russia's trade with Puerto Rico was $43,784,511, down 18.33% ($9,825,098) from the 1st quarter of 2015.

Russia's exports to Puerto Rico in the 1st quarter of 2016 were $20,063,919, down 24.35% ($6,459,452) from the 1st quarter of 2015.

Russia's imports from Puerto Rico in the 1st quarter of 2016 were $23,720,592, down 12.43% ($3,365,646) from the 1st quarter of 2015.

Russia's trade deficit with Puerto Rico in the 1st quarter of 2016 was $3,656,673, a 549.65% increase ($3,093,806) over the 1st quarter of 2015.

Puerto Rico was Russia's 97th largest trading partner in the 1st quarter of 2016 (down from 89th in the 1st quarter of 2015), accounting for 0.045% of Russia's total trade (up from 0.041% in the 1st quarter of 2015).

Puerto Rico was Russia's 96th largest export market in the 1st quarter of 2016 (down from 95th in the 1st quarter of 2015), accounting for 0.033% of Russia's total exports (up from 0.029% in the 1st quarter of 2015).

Puerto Rico was Russia's 78th largest supplier in the 1st quarter of 2016 (down from 74th in the 1st quarter of 2015), accounting for 0.066% of Russia's total imports (up from 0.064% in the 1st quarter of 2015).

Russia's Exports to Puerto Rico

The major share of Russian exports to Puerto Rico in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 99.67% of Russia's total exports to Puerto Rico (99.94% in the 1st quarter of 2015).

The largest gains in Russia's exports to Puerto Rico in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $65,660.

The largest declines in Russia's exports to Puerto Rico in the 1st quarter of 2016 over the 1st quarter of 2015 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 $6,509,586.
Russia's exports to Puerto Rico in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q1 2016,
US dollars ($)
Percent share
in total export
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 19,998,259 99.67 -24.56
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0 0.00 -100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 65,660 0.33

Russia's Imports from Puerto Rico

The major share of Russian imports from Puerto Rico in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 91.28% of Russia's total imports from Puerto Rico (92.27% in the 1st quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 7.75% of Russia's total imports from Puerto Rico (2.69% in the 1st quarter of 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 0.54% of Russia's total imports from Puerto Rico (4.64% in the 1st quarter of 2015).

The largest gains in Russia's imports from Puerto Rico in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,054,034;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $118,767;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $81,556.

The largest declines in Russia's imports from Puerto Rico in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - a decrease of $3,305,030;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $1,128,007;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $152,893.
Russia's imports from Puerto Rico in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of imports
in Q1 2016,
US dollars ($)
Percent share
in total import
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
22 Beverages, spirits and vinegar 128,243 0.54 -89.79
30 Pharmaceutical products 21,413,781 90.28 -13.37
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 239,253 1.01 98.57
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0 0.00 -100.00
38 Miscellaneous chemical products 186 0.00 -87.12
40 Rubber and articles thereof 0 0.00 -100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 100,316 0.42 -6.20
70 Glass and glassware 0 0.00 -100.00
73 Articles of iron or steel 0 0.00 -100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 437,842 1.85 22.89
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 53,111 0.22 -32.44
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,347,860 5.68 358.73
Russian foreign trade statistics
Source: Federal Customs Service of Russia