Russian trade in goods with Montenegro in Q2 2018
based on data from the Federal Customs Service of Russia
Russia’s Trade with Montenegro
In the 2nd quarter of 2018, Russia’s trade with Montenegro totaled $10,659,927, up 259.50% ($7,694,717) from the 2nd quarter of 2017.
Russia’s exports to Montenegro in the 2nd quarter of 2018 were $1,308,070, down 27.54% ($497,235) from the 2nd quarter of 2017.
Russia’s imports from Montenegro in the 2nd quarter of 2018 totaled $9,351,857, up 706.26% ($8,191,952) from the 2nd quarter of 2017.
Russia’s trade balance with Montenegro went from a surplus of $645,400 in the 2nd quarter of 2017, to a deficit of $8,043,787 in the 2nd quarter of 2018.
Montenegro was Russia’s 133rd largest trading partner in the 2nd quarter of 2018 (up from 153rd in the 2nd quarter of 2017), accounting for 0.0062% of Russia’s total trade (up from 0.0021% in the 2nd quarter of 2017).
Montenegro was Russia’s 154th largest export market in the 2nd quarter of 2018 (down from 147th in the 2nd quarter of 2017), accounting for 0.0012% of Russia’s total exports (down from 0.0021% in the 2nd quarter of 2017).
Montenegro was Russia’s 97th largest supplier in the 2nd quarter of 2018 (up from 126th in the 2nd quarter of 2017), accounting for 0.0154% of Russia’s total imports (up from 0.0021% in the 2nd quarter of 2017).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 2nd quarter of 2018 (and in the 2nd quarter of 2017) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 39.95% of Russia’s total exports to Montenegro (26.80% in the 2nd quarter of 2017);
- Machinery, equipment and vehicles (HS codes 84-90) - 34.13% of Russia’s total exports to Montenegro (39.12% in the 2nd quarter of 2017);
- Mineral products (HS codes 25-27) - 22.09% of Russia’s total exports to Montenegro (13.20% in the 2nd quarter of 2017);
- Chemical products (HS codes 28-40) - 1.41% of Russia’s total exports to Montenegro (1.45% in the 2nd quarter of 2017);
- Textiles, textile products and footwear (HS codes 50-67) - 1.35% of Russia’s total exports to Montenegro (0.03% in the 2nd quarter of 2017);
- Metals and products from them (HS codes 72-83) - 0.70% of Russia’s total exports to Montenegro (19.30% in the 2nd quarter of 2017).
The largest gains in Russia’s exports to Montenegro in the 2nd quarter of 2018 over the 2nd quarter of 2017 were recorded for the following product groups:
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $119,450;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $109,837;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $50,659;
- Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $15,793;
- Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $9,366;
- Articles of iron or steel (HS code 73) - an increase of $6,611.
The largest declines in Russia’s exports to Montenegro in the 2nd quarter of 2018 over the 2nd quarter of 2017 were recorded for the following product groups:
- Ships, boats and floating structures (HS code 89) - a decrease of $347,705;
- Aluminum and articles thereof (HS code 76) - a decrease of $320,372;
- Beverages, spirits and vinegar (HS code 22) - a decrease of $40,871;
- Miscellaneous edible preparations (HS code 21) - a decrease of $37,684;
- Iron and steel (HS code 72) - a decrease of $27,004;
- 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 $21,482;
- Pharmaceutical products (HS code 30) - a decrease of $11,002;
- Cocoa and cocoa preparations (HS code 18) - a decrease of $9,478.
| HS code |
Name of product group | Value of exports in Q2 2018, US dollars ($) |
Percent share in total export | Value of exports in Q2 2017, US dollars ($) |
Percent change in Q2 2018 over Q2 2017 |
|---|---|---|---|---|---|
| 17 | Sugars and sugar confectionery | 0 | 0.00 | 1,345 | -100.00 |
| 18 | Cocoa and cocoa preparations | 2,664 | 0.20 | 12,142 | -78.06 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 0 | 0.00 | 649 | -100.00 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 9,366 | 0.72 | 0 | ∞ |
| 21 | Miscellaneous edible preparations | 17,638 | 1.35 | 55,322 | -68.12 |
| 22 | Beverages, spirits and vinegar | 0 | 0.00 | 40,871 | -100.00 |
| 24 | Tobacco and manufactured tobacco substitutes | 492,855 | 37.68 | 373,405 | 31.99 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 289,011 | 22.09 | 238,352 | 21.25 |
| 30 | Pharmaceutical products | 11,795 | 0.90 | 22,797 | -48.26 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 1,134 | 0.09 | 1,456 | -22.12 |
| 39 | Plastics and articles thereof | 5,483 | 0.42 | 1,883 | 191.18 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 2,243 | 0.17 | 723 | 210.24 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 1,869 | 0.14 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 15,793 | 1.21 | 0 | ∞ |
| 67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 0 | 0.00 | 574 | -100.00 |
| 72 | Iron and steel | 0 | 0.00 | 27,004 | -100.00 |
| 73 | Articles of iron or steel | 6,913 | 0.53 | 302 | 2,189.07 |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 320,372 | -100.00 |
| 79 | Zinc and articles thereof | 47 | 0.00 | 0 | ∞ |
| 81 | Other base metals; cermets; articles thereof | 1,629 | 0.12 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 108 | 0.01 | 467 | -76.87 |
| 83 | Miscellaneous articles of base metal | 437 | 0.03 | 238 | 83.61 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 401,664 | 30.71 | 291,827 | 37.64 |
| 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 | 23,223 | 1.78 | 44,705 | -48.05 |
| 89 | Ships, boats and floating structures | 10,340 | 0.79 | 358,045 | -97.11 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 11,242 | 0.86 | 11,659 | -3.58 |
| 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 | 2,616 | 0.20 | 0 | ∞ |
| SS | Classified | 0 | 0.00 | 1 167 | -100.00 |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 2nd quarter of 2018 (and in the 2nd quarter of 2017) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 93.83% of Russia’s total imports from Montenegro (31.40% in the 2nd quarter of 2017);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.23% of Russia’s total imports from Montenegro (1.19% in the 2nd quarter of 2017);
- Food products and agricultural raw materials (HS codes 01-24) - 0.00% of Russia’s total imports from Montenegro (28.97% in the 2nd quarter of 2017).
The largest gains in Russia’s imports from Montenegro in the 2nd quarter of 2018 over the 2nd quarter of 2017 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $8,411,709;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $92,487.
The largest declines in Russia’s imports from Montenegro in the 2nd quarter of 2018 over the 2nd quarter of 2017 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - a decrease of $336,040.
| HS code |
Name of product group | Value of imports in Q2 2018, US dollars ($) |
Percent share in total import | Value of imports in Q2 2017, US dollars ($) |
Percent change in Q2 2018 over Q2 2017 |
|---|---|---|---|---|---|
| 22 | Beverages, spirits and vinegar | 0 | 0.00 | 336,040 | -100.00 |
| 30 | Pharmaceutical products | 8,774,252 | 93.82 | 362,543 | 2,320.20 |
| 39 | Plastics and articles thereof | 10 | 0.00 | 621 | -98.39 |
| 40 | Rubber and articles thereof | 585 | 0.01 | 1,000 | -41.50 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 12,750 | 0.14 | 8,356 | 52.58 |
| 64 | Footwear, gaiters and the like; parts of such articles | 0 | 0.00 | 3,251 | -100.00 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 525,800 | 5.62 | 433,313 | 21.34 |
| 73 | Articles of iron or steel | 89 | 0.00 | 97 | -8.25 |
| 80 | Tin and articles thereof | 0 | 0.00 | 721 | -100.00 |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 195 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 19,934 | 0.21 | 11,168 | 78.49 |
| 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 | 1,096 | 0.01 | 2,350 | -53.36 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 148 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 28 | 0.00 | 102 | -72.55 |
| 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 | 17,313 | 0.19 | 0 | ∞ |