Russian foreign trade
reports and reviews

Russian trade in goods with Trinidad and Tobago in Q1 2019

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Trinidad and Tobago in the first quarter of 2019: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In the 1st quarter of 2019, Russia’s trade with Trinidad and Tobago was $8,966,792, down 96.67% ($260,069,151) from the 1st quarter of 2018.

Russia’s exports to Trinidad and Tobago in the 1st quarter of 2019 were $8,905,187, down 96.69% ($260,055,742) from the 1st quarter of 2018.

Russia’s imports from Trinidad and Tobago in the 1st quarter of 2019 were $61,605, down 17.88% ($13,409) from the 1st quarter of 2018.

Russia’s trade surplus with Trinidad and Tobago in the 1st quarter of 2019 was $8,843,582, a 96.71% decrease ($260,042,333) over the 1st quarter of 2018.

Trinidad and Tobago was Russia’s 136th largest trading partner in the 1st quarter of 2019 (down from 64th in the 1st quarter of 2018), accounting for 0.0057% of Russia’s total trade (down from 0.1707% in the 1st quarter of 2018).

Trinidad and Tobago was Russia’s 119th largest export market in the 1st quarter of 2019 (down from 54th in the 1st quarter of 2018), accounting for 0.0085% of Russia’s total exports (down from 0.2611% in the 1st quarter of 2018).

Trinidad and Tobago was Russia’s 159th largest supplier in the 1st quarter of 2019 (down from 155th in the 1st quarter of 2018), accounting for 0.0001% of Russia’s total imports (just as in the 1st quarter of 2018).

Russia’s Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago in the 1st quarter of 2019 (and in the 1st quarter of 2018) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 92.85% of Russia’s total exports to Trinidad and Tobago (99.95% in the 1st quarter of 2018);
  • Machinery, equipment and vehicles (HS codes 84-90) - 5.30% of Russia’s total exports to Trinidad and Tobago (0.00% in the 1st quarter of 2018);
  • Wood and wood products (HS codes 44-49) - 1.27% of Russia’s total exports to Trinidad and Tobago (0.02% in the 1st quarter of 2018).

The largest gains in Russia’s exports to Trinidad and Tobago in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:

  • Ores, slag and ash (HS code 26) - an increase of $8,268,350;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $430,710;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $35,238;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $33,421.

The largest declines in Russia’s exports to Trinidad and Tobago in the 1st quarter of 2019 over the 1st quarter of 2018 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 $268,818,427.
Russia’s exports to Trinidad and Tobago in the 1st quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q1 2019,
US dollars ($)
Percent share in total export Value of exports
in Q1 2018,
US dollars ($)
Percent change
in Q1 2019
over Q1 2018
07 Edible vegetables and certain roots and tubers 31,856 0.36 28,30012.57
26 Ores, slag and ash 8,268,350 92.85 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0 0.00 268,818,427-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0 0.00 25,256-100.00
39 Plastics and articles thereof 695 0.01 0
44 Wood and articles of wood; wood charcoal 15,175 0.17 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 98,253 1.10 64,83251.55
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 113 0.00 0
69 Ceramic products 12,096 0.14 22,082-45.22
73 Articles of iron or steel 6,204 0.07 2,032205.31
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 757 0.01 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 430,710 4.84 0
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 4,949 0.06 0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 791 0.01 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 35,238 0.40 0

Russia’s Imports from Trinidad and Tobago

The major share of Russian imports from Trinidad and Tobago 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) - 99.85% of Russia’s total imports from Trinidad and Tobago (99.47% in the 1st quarter of 2018).

The largest gains in Russia’s imports from Trinidad and Tobago in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in Russia’s imports from Trinidad and Tobago in the 1st quarter of 2019 over the 1st quarter of 2018 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $13,102;
  • 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 $401.
Russia’s imports from Trinidad and Tobago in the 1st quarter of 2019 by product groups
HS
code
Name of product group Value of imports in Q1 2019,
US dollars ($)
Percent share in total import Value of imports in Q1 2018,
US dollars ($)
Percent change
in Q1 2019
over Q1 2018
22 Beverages, spirits and vinegar 61,511 99.85 74,613-17.56
73 Articles of iron or steel 94 0.15 0
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 0.00 401-100.00
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Russian foreign trade statistics
Source: Federal Customs Service of Russia