Russian trade with Montenegro in the 4th quarter of 2016
February 21, 2017
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 fourth quarter of 2016: exports, imports, products, dynamics.
Russia’s Trade with Montenegro
In the 4th quarter of 2016, Russia’s trade with Montenegro totaled $3,560,631, up 128.02% ($1,999,082) from the 4th quarter of 2015.
Russia’s exports to Montenegro in the 4th quarter of 2016 totaled $1,665,712, up 58.11% ($612,182) from the 4th quarter of 2015.
Russia’s imports from Montenegro in the 4th quarter of 2016 totaled $1,894,919, up 273.00% ($1,386,900) from the 4th quarter of 2015.
Russia’s trade balance with Montenegro went from a surplus of $545,511 in the 4th quarter of 2015, to a deficit of $229,207 in the 4th quarter of 2016.
Montenegro was Russia’s 146th largest trading partner in the 4th quarter of 2016 (up from 157th in the 4th quarter of 2015), accounting for 0.0026% of Russia’s total trade (up from 0.0012% in the 4th quarter of 2015).
Montenegro was Russia’s 144th largest export market in the 4th quarter of 2016 (up from 148th in the 4th quarter of 2015), accounting for 0.0020% of Russia’s total exports (up from 0.0013% in the 4th quarter of 2015).
Montenegro was Russia’s 120th largest supplier in the 4th quarter of 2016 (up from 132nd in the 4th quarter of 2015), accounting for 0.0036% of Russia’s total imports (up from 0.0011% in the 4th quarter of 2015).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 37.77% of Russia’s total exports to Montenegro (1.64% in the 4th quarter of 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 26.40% of Russia’s total exports to Montenegro (15.94% in the 4th quarter of 2015);
- Mineral products (HS codes 25-27) - 24.38% of Russia’s total exports to Montenegro (35.94% in the 4th quarter of 2015);
- Chemical products (HS codes 28-40) - 6.33% of Russia’s total exports to Montenegro (1.36% in the 4th quarter of 2015);
- Metals and products from them (HS codes 72-83) - 0.82% of Russia’s total exports to Montenegro (37.28% in the 4th quarter of 2015).
The largest gains in Russia’s exports to Montenegro in the 4th quarter of 2016 over the 4th 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) - an increase of $554,252;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $158,578;
- Edible vegetables and certain roots and tubers (HS code 07) - an increase of $115,183;
- Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $92,097;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $31,890;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $27,454;
- 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 $22,391;
- Ceramic products (HS code 69) - an increase of $16,209;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $13,875;
- Ships, boats and floating structures (HS code 89) - an increase of $8,195;
- Articles of iron or steel (HS code 73) - an increase of $7,069.
The largest declines in Russia’s exports to Montenegro in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - a decrease of $369,016;
- Glass and glassware (HS code 70) - a decrease of $52,883;
- Iron and steel (HS code 72) - a decrease of $17,771.
| HS code |
Name of product group | Value of exports in Q4 2016, US dollars ($) |
Percent share in total export | Value of exports in Q4 2015, US dollars ($) |
Percent change in Q4 2016 over Q4 2015 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 142,336 | 8.55 | 27,153 | 424.20 |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 0 | 0.00 | 266 | -100.00 |
| 09 | Coffee, tea, maté and spices | 64 | 0.00 | 449 | -85.75 |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 542 | 0.03 | 557 | -2.69 |
| 17 | Sugars and sugar confectionery | 1,634 | 0.10 | 1,734 | -5.77 |
| 18 | Cocoa and cocoa preparations | 3,815 | 0.23 | 6,405 | -40.44 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 2,135 | 0.13 | 3,014 | -29.16 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 2,177 | 0.13 | 4,321 | -49.62 |
| 21 | Miscellaneous edible preparations | 49,696 | 2.98 | 44,875 | 10.74 |
| 22 | Beverages, spirits and vinegar | 236 | 0.01 | 445 | -46.97 |
| 23 | Residues and waste from the food industries; prepared animal feed | 0 | 0.00 | 298 | -100.00 |
| 24 | Tobacco and manufactured tobacco substitutes | 237,038 | 14.23 | 78,460 | 202.11 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 0 | 0.00 | 27 | -100.00 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 406,080 | 24.38 | 378,626 | 7.25 |
| 29 | Organic chemicals | 0 | 0.00 | 41 | -100.00 |
| 30 | Pharmaceutical products | 407 | 0.02 | 0 | ∞ |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 92,097 | 5.53 | 0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 8,989 | 0.54 | 9,130 | -1.54 |
| 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 | 0 | 0.00 | 207 | -100.00 |
| 38 | Miscellaneous chemical products | 380 | 0.02 | 4,920 | -92.28 |
| 39 | Plastics and articles thereof | 2,759 | 0.17 | 53 | 5,105.66 |
| 40 | Rubber and articles thereof | 874 | 0.05 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 174 | 0.01 | 990 | -82.42 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 1,374 | 0.08 | 0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 310 | 0.02 | 0 | ∞ |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 193 | 0.01 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 480 | 0.03 | 0 | ∞ |
| 69 | Ceramic products | 41,793 | 2.51 | 25,584 | 63.36 |
| 70 | Glass and glassware | 164 | 0.01 | 53,047 | -99.69 |
| 72 | Iron and steel | 6,009 | 0.36 | 23,780 | -74.73 |
| 73 | Articles of iron or steel | 7,069 | 0.42 | 0 | ∞ |
| 74 | Copper and articles thereof | 62 | 0.00 | 0 | ∞ |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 369,016 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 27 | 0.00 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 556 | 0.03 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 49,185 | 2.95 | 17,295 | 184.39 |
| 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 | 554,252 | 33.27 | 0 | ∞ |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 3,683 | 0.22 | 0 | ∞ |
| 89 | Ships, boats and floating structures | 8,195 | 0.49 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 13,875 | 0.83 | 0 | ∞ |
| 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 | 22,822 | 1.37 | 431 | 5,195.13 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 4,202 | 0.25 | 2,406 | 74.65 |
| 96 | Miscellaneous manufactured articles | 28 | 0.00 | 0 | ∞ |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 53.25% of Russia’s total imports from Montenegro (0.00% in the 4th quarter of 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 28.90% of Russia’s total imports from Montenegro (73.11% in the 4th quarter of 2015);
- Machinery, equipment and vehicles (HS codes 84-90) - 1.36% of Russia’s total imports from Montenegro (1.26% in the 4th quarter of 2015);
- Wood and wood products (HS codes 44-49) - 0.19% of Russia’s total imports from Montenegro (3.39% in the 4th quarter of 2015).
The largest gains in Russia’s imports from Montenegro in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $995,670;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $195,400;
- Beverages, spirits and vinegar (HS code 22) - an increase of $141,584;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $34,600;
- Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $12,576;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $12,256;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $6,383.
The largest declines in Russia’s imports from Montenegro in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $16,126.
| HS code |
Name of product group | Value of imports in Q4 2016, US dollars ($) |
Percent share in total import | Value of imports in Q4 2015, US dollars ($) |
Percent change in Q4 2016 over Q4 2015 |
|---|---|---|---|---|---|
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 34,600 | 1.83 | 0 | ∞ |
| 22 | Beverages, spirits and vinegar | 513,016 | 27.07 | 371,432 | 38.12 |
| 30 | Pharmaceutical products | 995,670 | 52.54 | 0 | ∞ |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 12,576 | 0.66 | 0 | ∞ |
| 39 | Plastics and articles thereof | 84 | 0.00 | 0 | ∞ |
| 40 | Rubber and articles thereof | 727 | 0.04 | 0 | ∞ |
| 44 | Wood and articles of wood; wood charcoal | 0 | 0.00 | 16,126 | -100.00 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 3,604 | 0.19 | 1,089 | 230.95 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 308,098 | 16.26 | 112,698 | 173.38 |
| 70 | Glass and glassware | 0 | 0.00 | 17 | -100.00 |
| 73 | Articles of iron or steel | 823 | 0.04 | 232 | 254.74 |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 9 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 18,516 | 0.98 | 6,260 | 195.78 |
| 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 | 822 | 0.04 | 156 | 426.92 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 6,383 | 0.34 | 0 | ∞ |