Russian trade in goods with Montenegro in Q1 2019
based on data from the Federal Customs Service of Russia
Russia’s Trade with Montenegro
In the 1st quarter of 2019, Russia’s trade with Montenegro totaled $7,766,646, up 18.01% ($1,185,439) from the 1st quarter of 2018.
Russia’s exports to Montenegro in the 1st quarter of 2019 were $1,460,654, down 1.80% ($26,741) from the 1st quarter of 2018.
Russia’s imports from Montenegro in the 1st quarter of 2019 totaled $6,305,992, up 23.80% ($1,212,180) from the 1st quarter of 2018.
Russia’s trade deficit with Montenegro in the 1st quarter of 2019 was $4,845,338, a 34.35% increase ($1,238,921) over the 1st quarter of 2018.
Montenegro was Russia’s 138th largest trading partner in the 1st quarter of 2019 (just as in the 1st quarter of 2018), accounting for 0.0049% of Russia’s total trade (up from 0.0042% in the 1st quarter of 2018).
Montenegro was Russia’s 148th largest export market in the 1st quarter of 2019 (just as in the 1st quarter of 2018), accounting for 0.0014% of Russia’s total exports (just as in the 1st quarter of 2018).
Montenegro was Russia’s 100th largest supplier in the 1st quarter of 2019 (up from 104th in the 1st quarter of 2018), accounting for 0.0119% of Russia’s total imports (up from 0.0093% in the 1st quarter of 2018).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 1st quarter of 2019 (and in the 1st quarter of 2018) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 51.16% of Russia’s total exports to Montenegro (30.57% in the 1st quarter of 2018);
- Metals and products from them (HS codes 72-83) - 29.24% of Russia’s total exports to Montenegro (46.91% in the 1st quarter of 2018);
- Machinery, equipment and vehicles (HS codes 84-90) - 9.60% of Russia’s total exports to Montenegro (13.07% in the 1st quarter of 2018);
- Mineral products (HS codes 25-27) - 7.13% of Russia’s total exports to Montenegro (8.55% in the 1st quarter of 2018).
The largest gains in Russia’s exports to Montenegro in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $519,717;
- Cereals (HS code 10) - an increase of $27,000;
- Ceramic products (HS code 69) - an increase of $16,515;
- Ships, boats and floating structures (HS code 89) - an increase of $14,176;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $11,252;
- Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - an increase of $4,444.
The largest declines in Russia’s exports to Montenegro in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - a decrease of $269,569;
- Meat and edible meat offal (HS code 02) - a decrease of $254,171;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $64,102;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $23,017;
- 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 $15,553.
| HS code |
Name of product group | Value of exports in Q1 2019, US dollars ($) |
Percent share in total export | Value of exports in Q1 2018, US dollars ($) |
Percent change in Q1 2019 over Q1 2018 |
|---|---|---|---|---|---|
| 02 | Meat and edible meat offal | 0 | 0.00 | 254,171 | -100.00 |
| 10 | Cereals | 27,000 | 1.85 | 0 | ∞ |
| 24 | Tobacco and manufactured tobacco substitutes | 720,253 | 49.31 | 200,536 | 259.16 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 104,129 | 7.13 | 127,146 | -18.10 |
| 30 | Pharmaceutical products | 25 | 0.00 | 0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 63 | 0.00 | 0 | ∞ |
| 39 | Plastics and articles thereof | 5,495 | 0.38 | 1,280 | 329.30 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 4,444 | 0.30 | 0 | ∞ |
| 44 | Wood and articles of wood; wood charcoal | 0 | 0.00 | 418 | -100.00 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 607 | 0.04 | 1,427 | -57.46 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 0 | 0.00 | 321 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 3,914 | 0.27 | 0 | ∞ |
| 65 | Headgear and parts thereof | 762 | 0.05 | 0 | ∞ |
| 69 | Ceramic products | 26,525 | 1.82 | 10,010 | 164.99 |
| 73 | Articles of iron or steel | 175 | 0.01 | 1,269 | -86.21 |
| 76 | Aluminum and articles thereof | 426,852 | 29.22 | 696,421 | -38.71 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 87,298 | 5.98 | 151,400 | -42.34 |
| 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 | 25,423 | 1.74 | 40,976 | -37.96 |
| 89 | Ships, boats and floating structures | 14,176 | 0.97 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 13,272 | 0.91 | 2,020 | 557.03 |
| 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 | 241 | 0.02 | 0 | ∞ |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 1st quarter of 2019 (and in the 1st quarter of 2018) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 94.20% of Russia’s total imports from Montenegro (87.67% in the 1st quarter of 2018).
The largest gains in Russia’s imports from Montenegro in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $1,474,649.
The largest declines in Russia’s imports from Montenegro in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $264,401.
| HS code |
Name of product group | Value of imports in Q1 2019, US dollars ($) |
Percent share in total import | Value of imports in Q1 2018, US dollars ($) |
Percent change in Q1 2019 over Q1 2018 |
|---|---|---|---|---|---|
| 30 | Pharmaceutical products | 5,940,114 | 94.20 | 4,465,465 | 33.02 |
| 39 | Plastics and articles thereof | 0 | 0.00 | 145 | -100.00 |
| 40 | Rubber and articles thereof | 1 | 0.00 | 209 | -99.52 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 14,657 | 0.23 | 9,685 | 51.34 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 335,037 | 5.31 | 599,438 | -44.11 |
| 72 | Iron and steel | 7,880 | 0.12 | 0 | ∞ |
| 73 | Articles of iron or steel | 0 | 0.00 | 65 | -100.00 |
| 83 | Miscellaneous articles of base metal | 1 | 0.00 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 7,117 | 0.11 | 16,825 | -57.70 |
| 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 | 667 | 0.01 | 1,980 | -66.31 |
| 96 | Miscellaneous manufactured articles | 518 | 0.01 | 0 | ∞ |