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Russian trade in goods with Puerto Rico in Q2 2017

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 second quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with Puerto Rico

In the 2nd quarter of 2017, Russia’s trade with Puerto Rico was $47,334,230, down 15.71% ($8,823,596) from the 2nd quarter of 2016.

Russia’s exports to Puerto Rico in the 2nd quarter of 2017 were $1,731,213, down 91.92% ($19,686,413) from the 2nd quarter of 2016.

Russia’s imports from Puerto Rico in the 2nd quarter of 2017 totaled $45,603,017, up 31.27% ($10,862,817) from the 2nd quarter of 2016.

Russia’s trade deficit with Puerto Rico in the 2nd quarter of 2017 was $43,871,804, a 229.30% increase ($30,549,230) over the 2nd quarter of 2016.

Puerto Rico was Russia’s 99th largest trading partner in the 2nd quarter of 2017 (down from 88th in the 2nd quarter of 2016), accounting for 0.0339% of Russia’s total trade (down from 0.0516% in the 2nd quarter of 2016).

Puerto Rico was Russia’s 149th largest export market in the 2nd quarter of 2017 (down from 92nd in the 2nd quarter of 2016), accounting for 0.0021% of Russia’s total exports (down from 0.0322% in the 2nd quarter of 2016).

Puerto Rico was Russia’s 71st largest supplier in the 2nd quarter of 2017 (up from 73rd in the 2nd quarter of 2016), accounting for 0.0817% of Russia’s total imports (down from 0.0820% in the 2nd quarter of 2016).

Russia’s Exports to Puerto Rico

The major share of Russian exports to Puerto Rico in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 49.29% of Russia’s total exports to Puerto Rico (2.13% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 49.23% of Russia’s total exports to Puerto Rico (0.00% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.00% of Russia’s total exports to Puerto Rico (97.84% in the 2nd quarter of 2016).

The largest gains in Russia’s exports to Puerto Rico in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Iron and steel (HS code 72) - an increase of $852,359;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $394,864;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $13,150;
  • Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair (HS code 67) - an increase of $12,270.

The largest declines in Russia’s exports to Puerto Rico in the 2nd quarter of 2017 over the 2nd quarter of 2016 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 $20,954,757;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $5,895.
Russia’s exports to Puerto Rico in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q2 2017,
US dollars ($)
Percent share in total export Value of exports
in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0 0.00 20,954,757-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 13,150 0.76 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0 0.00 0
64 Footwear, gaiters and the like; parts of such articles 36 0.00 0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 12,270 0.71 0
72 Iron and steel 852,359 49.23 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 851,838 49.20 456,97486.41
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,560 0.09 0
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 5,895-100.00

Russia’s Imports from Puerto Rico

The major share of Russian imports from Puerto Rico in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 99.13% of Russia’s total imports from Puerto Rico (91.32% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.43% of Russia’s total imports from Puerto Rico (8.26% in the 2nd quarter of 2016).

The largest gains in Russia’s imports from Puerto Rico in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - an increase of $13,284,712;
  • Plastics and articles thereof (HS code 39) - an increase of $151,038.

The largest declines in Russia’s imports from Puerto Rico in the 2nd quarter of 2017 over the 2nd quarter of 2016 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) - a decrease of $2,461,697;
  • 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 $171,712.
Russia’s imports from Puerto Rico in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q2 2017,
US dollars ($)
Percent share in total import Value of imports in Q2 2016,
US dollars ($)
Percent change
in Q2 2017
over Q2 2016
08 Edible fruit and nuts; peel of citrus fruit or melons 29,615 0.06 9,954197.52
22 Beverages, spirits and vinegar 86,981 0.19 37,354132.86
29 Organic chemicals 1,653 0.00 0
30 Pharmaceutical products 44,851,774 98.35 31,567,06242.08
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 193,669 0.42 156,04124.11
38 Miscellaneous chemical products 8,638 0.02 2044,134.31
39 Plastics and articles thereof 151,073 0.33 35431,537.14
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 83,015 0.18 99,068-16.20
73 Articles of iron or steel 0 0.00 880-100.00
83 Miscellaneous articles of base metal 32 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 33,538 0.07 73,164-54.16
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 9,572 0.02 181,284-94.72
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 153,457 0.34 2,615,154-94.13
Russian foreign trade statistics
Source: Federal Customs Service of Russia