Russian trade with Montenegro in the 3rd quarter of 2016
December 09, 2016
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Montenegro in the third quarter of 2016: exports, imports, products, dynamics.
Russia’s Trade with Montenegro
In the 3rd quarter of 2016, Russia’s trade with Montenegro totaled $5,421,217, up 121.95% ($2,978,655) from the 3rd quarter of 2015.
Russia’s exports to Montenegro in the 3rd quarter of 2016 totaled $4,232,020, up 157.50% ($2,588,493) from the 3rd quarter of 2015.
Russia’s imports from Montenegro in the 3rd quarter of 2016 totaled $1,189,197, up 48.83% ($390,162) from the 3rd quarter of 2015.
Russia’s trade surplus with Montenegro in the 3rd quarter of 2016 was $3,042,823, a 260.31% increase ($2,198,331) over the 3rd quarter of 2015.
Montenegro was Russia’s 141st largest trading partner in the 3rd quarter of 2016 (up from 151st in the 3rd quarter of 2015), accounting for 0.0044% of Russia’s total trade (up from 0.0019% in the 3rd quarter of 2015).
Montenegro was Russia’s 130th largest export market in the 3rd quarter of 2016 (up from 143rd in the 3rd quarter of 2015), accounting for 0.0059% of Russia’s total exports (up from 0.0021% in the 3rd quarter of 2015).
Montenegro was Russia’s 129th largest supplier in the 3rd quarter of 2016 (up from 130th in the 3rd quarter of 2015), accounting for 0.0024% of Russia’s total imports (up from 0.0017% in the 3rd quarter of 2015).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:
- Metals and products from them (HS codes 72-83) - 62.21% of Russia’s total exports to Montenegro (8.56% in the 3rd quarter of 2015);
- Mineral products (HS codes 25-27) - 24.10% of Russia’s total exports to Montenegro (62.18% in the 3rd quarter of 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 6.39% of Russia’s total exports to Montenegro (3.85% in the 3rd quarter of 2015);
- Machinery, equipment and vehicles (HS codes 84-90) - 2.90% of Russia’s total exports to Montenegro (12.11% in the 3rd quarter of 2015);
- Wood and wood products (HS codes 44-49) - 2.39% of Russia’s total exports to Montenegro (8.62% in the 3rd quarter of 2015);
- Chemical products (HS codes 28-40) - 0.93% of Russia’s total exports to Montenegro (1.87% in the 3rd quarter of 2015).
The largest gains in Russia’s exports to Montenegro in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - an increase of $2,539,713;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $173,305;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $58,282;
- Miscellaneous edible preparations (HS code 21) - an increase of $48,286;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $29,684;
- Plastics and articles thereof (HS code 39) - an increase of $22,145.
The largest declines in Russia’s exports to Montenegro in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:
- 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 (HS code 85) - a decrease of $121,210;
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $40,337;
- Articles of iron or steel (HS code 73) - a decrease of $35,402;
- Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $29,885;
- 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) - a decrease of $27,540;
- Ceramic products (HS code 69) - a decrease of $21,806;
- Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $19,377;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $15,542.
| HS code |
Name of product group | Value of exports in Q3 2016, US dollars ($) |
Percent share in total export | Value of exports in Q3 2015, US dollars ($) |
Percent change in Q3 2016 over Q3 2015 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 93 | 0.00 | 19,470 | -99.52 |
| 09 | Coffee, tea, maté and spices | 0 | 0.00 | 127 | -100.00 |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 824 | 0.02 | 371 | 122.10 |
| 13 | Lac; gums, resins and other vegetable saps and extracts | 206 | 0.00 | 86 | 139.53 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 229 | 0.01 | 0 | ∞ |
| 17 | Sugars and sugar confectionery | 1,166 | 0.03 | 868 | 34.33 |
| 18 | Cocoa and cocoa preparations | 758 | 0.02 | 440 | 72.27 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 1,750 | 0.04 | 1,666 | 5.04 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 2,914 | 0.07 | 1,397 | 108.59 |
| 21 | Miscellaneous edible preparations | 49,104 | 1.16 | 818 | 5,902.93 |
| 22 | Beverages, spirits and vinegar | 2,584 | 0.06 | 475 | 444.00 |
| 24 | Tobacco and manufactured tobacco substitutes | 210,825 | 4.98 | 37,520 | 461.90 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 19 | 0.00 | 0 | ∞ |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 1,019,757 | 24.10 | 1,021,919 | -0.21 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 0 | 0.00 | 29,885 | -100.00 |
| 30 | Pharmaceutical products | 8,758 | 0.21 | 0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 2,130 | 0.05 | 0 | ∞ |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 11 | 0.00 | 0 | ∞ |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 6,256 | 0.15 | 0 | ∞ |
| 39 | Plastics and articles thereof | 22,272 | 0.53 | 127 | 17,437.01 |
| 40 | Rubber and articles thereof | 0 | 0.00 | 740 | -100.00 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 2,137 | 0.05 | 843 | 153.50 |
| 44 | Wood and articles of wood; wood charcoal | 99,607 | 2.35 | 139,944 | -28.82 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 1,331 | 0.03 | 1,763 | -24.50 |
| 57 | Carpets and other textile floor coverings | 730 | 0.02 | 0 | ∞ |
| 67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 1,272 | 0.03 | 0 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 32 | 0.00 | 0 | ∞ |
| 69 | Ceramic products | 16,698 | 0.39 | 38,504 | -56.63 |
| 70 | Glass and glassware | 565 | 0.01 | 858 | -34.15 |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 0 | 0.00 | 1,027 | -100.00 |
| 72 | Iron and steel | 0 | 0.00 | 5,440 | -100.00 |
| 73 | Articles of iron or steel | 1,884 | 0.04 | 37,286 | -94.95 |
| 74 | Copper and articles thereof | 1,005 | 0.02 | 0 | ∞ |
| 76 | Aluminum and articles thereof | 2,615,425 | 61.80 | 75,712 | 3,354.44 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 11 | 0.00 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 14,600 | 0.34 | 22,252 | -34.39 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 42,806 | 1.01 | 13,122 | 226.22 |
| 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 | 8,736 | 0.21 | 129,946 | -93.28 |
| 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 | 0 | 0.00 | 27,540 | -100.00 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 69,626 | 1.65 | 11,344 | 513.77 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 1,468 | 0.03 | 17,010 | -91.37 |
| 94 | Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings | 10,496 | 0.25 | 81 | 12,858.02 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 13,935 | 0.33 | 4,878 | 185.67 |
| 96 | Miscellaneous manufactured articles | 0 | 0.00 | 68 | -100.00 |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 54.15% of Russia’s total imports from Montenegro (5.13% in the 3rd quarter of 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 34.54% of Russia’s total imports from Montenegro (77.90% in the 3rd quarter of 2015).
The largest gains in Russia’s imports from Montenegro in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $606,731;
- Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $7,262.
The largest declines in Russia’s imports from Montenegro in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - a decrease of $211,675;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $13,099;
- Plastics and articles thereof (HS code 39) - a decrease of $3,835.
| HS code |
Name of product group | Value of imports in Q3 2016, US dollars ($) |
Percent share in total import | Value of imports in Q3 2015, US dollars ($) |
Percent change in Q3 2016 over Q3 2015 |
|---|---|---|---|---|---|
| 22 | Beverages, spirits and vinegar | 410,742 | 34.54 | 622,417 | -34.01 |
| 30 | Pharmaceutical products | 643,839 | 54.14 | 37,108 | 1,635.04 |
| 39 | Plastics and articles thereof | 82 | 0.01 | 3,917 | -97.91 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 7,262 | 0.61 | 0 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 118,822 | 9.99 | 131,921 | -9.93 |
| 73 | Articles of iron or steel | 1,131 | 0.10 | 369 | 206.50 |
| 80 | Tin and articles thereof | 431 | 0.04 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 107 | -100.00 |
| 83 | Miscellaneous articles of base metal | 472 | 0.04 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 5,769 | 0.49 | 2,343 | 146.22 |
| 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 | 0 | 0.00 | 643 | -100.00 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 406 | 0.03 | 210 | 93.33 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 241 | 0.02 | 0 | ∞ |