Russian trade with Nicaragua in the 3rd quarter of 2016
based on data from the Federal Customs Service of Russia
Russia’s Trade with Nicaragua
In the 3rd quarter of 2016, Russia’s trade with Nicaragua totaled $17,379,881, up 517.19% ($14,563,909) from the 3rd quarter of 2015.
Russia’s exports to Nicaragua in the 3rd quarter of 2016 totaled $13,771,582, up 1,322.75% ($12,803,626) from the 3rd quarter of 2015.
Russia’s imports from Nicaragua in the 3rd quarter of 2016 totaled $3,608,299, up 95.25% ($1,760,283) from the 3rd quarter of 2015.
Russia’s trade with Nicaragua went from a deficit of $880,060 in the 3rd quarter of 2015, to a surplus of $10,163,283 in the 3rd quarter of 2016.
Nicaragua was Russia’s 119th largest trading partner in the 3rd quarter of 2016 (up from 148th in the 3rd quarter of 2015), accounting for 0.0143% of Russia’s total trade (up from 0.0022% in the 3rd quarter of 2015).
Nicaragua was Russia’s 110th largest export market in the 3rd quarter of 2016 (up from 149th in the 3rd quarter of 2015), accounting for 0.0191% of Russia’s total exports (up from 0.0012% in the 3rd quarter of 2015).
Nicaragua was Russia’s 109th largest supplier in the 3rd quarter of 2016 (up from 119th in the 3rd quarter of 2015), accounting for 0.0072% of Russia’s total imports (up from 0.0039% in the 3rd quarter of 2015).
Russia’s Exports to Nicaragua
The major share of Russian exports to Nicaragua in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 41.99% of Russia’s total exports to Nicaragua (0.00% in the 3rd quarter of 2015);
- Chemical products (HS codes 28-40) - 29.56% of Russia’s total exports to Nicaragua (27.51% in the 3rd quarter of 2015);
- Machinery, equipment and vehicles (HS codes 84-90) - 15.24% of Russia’s total exports to Nicaragua (13.92% in the 3rd quarter of 2015);
- Metals and products from them (HS codes 72-83) - 3.34% of Russia’s total exports to Nicaragua (0.00% in the 3rd quarter of 2015);
- Mineral products (HS codes 25-27) - 1.44% of Russia’s total exports to Nicaragua (38.41% in the 3rd quarter of 2015).
The largest gains in Russia’s exports to Nicaragua in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:
- Cereals (HS code 10) - an increase of $5,783,166;
- Fertilizers (HS code 31) - an increase of $3,630,502;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1,956,735;
- 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 (HS code 94) - an increase of $851,565;
- Aluminum and articles thereof (HS code 76) - an increase of $407,458;
- Glass and glassware (HS code 70) - an increase of $264,248;
- Plastics and articles thereof (HS code 39) - an increase of $242,583;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $54,450.
The largest declines in Russia’s exports to Nicaragua in the 3rd quarter of 2016 over the 3rd 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 $173,012;
- Rubber and articles thereof (HS code 40) - a decrease of $135,202.
| HS code |
Name of product group | Value of exports in Q3 2016, US dollars ($) |
Percent share in total export | Value of exports in Q3 2015, US dollars ($) |
Percent change in Q3 2016 over Q3 2015 |
|---|---|---|---|---|---|
| 10 | Cereals | 5,783,166 | 41.99 | 0 | ∞ |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 198,780 | 1.44 | 371,792 | -46.53 |
| 29 | Organic chemicals | 13,552 | 0.10 | 0 | ∞ |
| 31 | Fertilizers | 3,723,502 | 27.04 | 93,000 | 3,903.77 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 30,152 | 0.22 | 0 | ∞ |
| 34 | Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster | 128 | 0.00 | 0 | ∞ |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 22,483 | 0.16 | 0 | ∞ |
| 38 | Miscellaneous chemical products | 179 | 0.00 | 0 | ∞ |
| 39 | Plastics and articles thereof | 242,583 | 1.76 | 0 | ∞ |
| 40 | Rubber and articles thereof | 38,083 | 0.28 | 173,285 | -78.02 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 39,462 | 0.29 | 0 | ∞ |
| 69 | Ceramic products | 3,655 | 0.03 | 0 | ∞ |
| 70 | Glass and glassware | 264,248 | 1.92 | 0 | ∞ |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 81 | 0.00 | 0 | ∞ |
| 72 | Iron and steel | 9,187 | 0.07 | 0 | ∞ |
| 73 | Articles of iron or steel | 40,993 | 0.30 | 0 | ∞ |
| 74 | Copper and articles thereof | 324 | 0.00 | 0 | ∞ |
| 76 | Aluminum and articles thereof | 407,458 | 2.96 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 1,229 | 0.01 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 1,183 | 0.01 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 67,471 | 0.49 | 13,021 | 418.17 |
| 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 | 12,024 | 0.09 | 50,757 | -76.31 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 2,018,074 | 14.65 | 61,339 | 3,190.03 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 1,891 | 0.01 | 9,662 | -80.43 |
| 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 | 851,565 | 6.18 | 0 | ∞ |
| 96 | Miscellaneous manufactured articles | 129 | 0.00 | 0 | ∞ |
| SS | Classified | 0 | 0.00 | 195,100 | -100.00 |
Russia’s Imports from Nicaragua
The major share of Russian imports from Nicaragua in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 99.29% of Russia’s total imports from Nicaragua (99.38% in the 3rd quarter of 2015).
The largest gains in Russia’s imports from Nicaragua in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $1,641,991;
- Coffee, tea, maté and spices (HS code 09) - an increase of $201,088;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $43,908.
The largest declines in Russia’s imports from Nicaragua in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:
- Meat and edible meat offal (HS code 02) - a decrease of $146,918.
| HS code |
Name of product group | Value of imports in Q3 2016, US dollars ($) |
Percent share in total import | Value of imports in Q3 2015, US dollars ($) |
Percent change in Q3 2016 over Q3 2015 |
|---|---|---|---|---|---|
| 02 | Meat and edible meat offal | 0 | 0.00 | 146,918 | -100.00 |
| 09 | Coffee, tea, maté and spices | 1,062,835 | 29.46 | 861,747 | 23.33 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 2,467,241 | 68.38 | 825,250 | 198.97 |
| 17 | Sugars and sugar confectionery | 399 | 0.01 | 0 | ∞ |
| 22 | Beverages, spirits and vinegar | 6,443 | 0.18 | 666 | 867.42 |
| 24 | Tobacco and manufactured tobacco substitutes | 45,845 | 1.27 | 1,937 | 2,266.80 |
| 34 | Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster | 2,110 | 0.06 | 0 | ∞ |
| 38 | Miscellaneous chemical products | 1,496 | 0.04 | 0 | ∞ |
| 39 | Plastics and articles thereof | 327 | 0.01 | 0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 9,899 | 0.27 | 2,455 | 303.22 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 7,362 | 0.20 | 5,388 | 36.64 |
| 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 | 4,342 | 0.12 | 3,655 | 18.80 |