Russian trade with Trinidad and Tobago in 2018
based on data from the Federal Customs Service of Russia
Russia’s Trade with Trinidad and Tobago
In 2018, Russia’s trade with Trinidad and Tobago was $559,846,383, down 23.32% ($170,250,891) from 2017.
Russia’s exports to Trinidad and Tobago in 2018 were $558,337,006, down 23.44% ($170,913,229) from 2017.
Russia’s imports from Trinidad and Tobago in 2018 totaled $1,509,377, up 78.19% ($662,338) from 2017.
Russia’s trade surplus with Trinidad and Tobago in 2018 was $556,827,629, a 23.56% decrease ($171,575,567) over 2017.
Trinidad and Tobago was Russia’s 80th largest trading partner in 2018 (down from 69th in 2017), accounting for 0.0814% of Russia’s total trade (down from 0.1250% in 2017).
Trinidad and Tobago was Russia’s 72nd largest export market in 2018 (down from 58th in 2017), accounting for 0.1241% of Russia’s total exports (down from 0.2042% in 2017).
Trinidad and Tobago was Russia’s 144th largest supplier in 2018 (up from 146th in 2017), accounting for 0.0006% of Russia’s total imports (up from 0.0004% in 2017).
Russia’s Exports to Trinidad and Tobago
The major share of Russian exports to Trinidad and Tobago in 2018 (and in 2017) was accounted for the following product types:
- Mineral products (HS codes 25-27) - 99.86% of Russia’s total exports to Trinidad and Tobago (99.86% in 2017).
The largest gains in Russia’s exports to Trinidad and Tobago in 2018 over 2017 were recorded for the following product groups:
- No product groups with a substantial increase.
The largest declines in Russia’s exports to Trinidad and Tobago in 2018 over 2017 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 $164,867,203;
- Ores, slag and ash (HS code 26) - a decrease of $5,808,244.
| HS code |
Name of product group | Value of exports in 2018, US dollars ($) |
Percent share in total export | Value of exports in 2017, US dollars ($) |
Percent change in 2018 over 2017 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 108,855 | 0.02 | 0 | ∞ |
| 26 | Ores, slag and ash | 0 | 0.00 | 5,808,244 | -100.00 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 557,544,725 | 99.86 | 722,411,928 | -22.82 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 53,885 | 0.01 | 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 | 1,146 | 0.00 | 0 | ∞ |
| 39 | Plastics and articles thereof | 0 | 0.00 | 32 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 15,175 | 0.00 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 506,000 | 0.09 | 290,399 | 74.24 |
| 69 | Ceramic products | 85,082 | 0.02 | 45,006 | 89.05 |
| 73 | Articles of iron or steel | 9,037 | 0.00 | 16,125 | -43.96 |
| 74 | Copper and articles thereof | 0 | 0.00 | 6,199 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 31,738 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 13,101 | 0.00 | 17,091 | -23.35 |
| 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 | 101,940 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 521,533 | -100.00 |
Russia’s Imports from Trinidad and Tobago
The major share of Russian imports from Trinidad and Tobago in 2018 (and in 2017) was accounted for the following product types:
- Metals and products from them (HS codes 72-83) - 51.90% of Russia’s total imports from Trinidad and Tobago (36.99% in 2017);
- Food products and agricultural raw materials (HS codes 01-24) - 47.98% of Russia’s total imports from Trinidad and Tobago (61.63% in 2017);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.03% of Russia’s total imports from Trinidad and Tobago (1.38% in 2017).
The largest gains in Russia’s imports from Trinidad and Tobago in 2018 over 2017 were recorded for the following product groups:
- Articles of iron or steel (HS code 73) - an increase of $470,117;
- Beverages, spirits and vinegar (HS code 22) - an increase of $201,955.
The largest declines in Russia’s imports from Trinidad and Tobago in 2018 over 2017 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 $8,820.
| HS code |
Name of product group | Value of imports in 2018, US dollars ($) |
Percent share in total import | Value of imports in 2017, US dollars ($) |
Percent change in 2018 over 2017 |
|---|---|---|---|---|---|
| 18 | Cocoa and cocoa preparations | 2,754 | 0.18 | 2,559 | 7.62 |
| 22 | Beverages, spirits and vinegar | 721,396 | 47.79 | 519,441 | 38.88 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 1,427 | 0.09 | 0 | ∞ |
| 29 | Organic chemicals | 0 | 0.00 | 35 | -100.00 |
| 39 | Plastics and articles thereof | 0 | 0.00 | 32 | -100.00 |
| 73 | Articles of iron or steel | 783,399 | 51.90 | 313,282 | 150.06 |
| 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 | 401 | 0.03 | 2,870 | -86.03 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 8,820 | -100.00 |