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Russian trade in goods with Jamaica in Q3 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 Jamaica in the third quarter of 2019: exports, imports, products, dynamics.

Russia’s Trade with Jamaica

In the 3rd quarter of 2019, Russia’s trade with Jamaica totaled $17,600,853, up 637.80% ($15,215,272) from the 3rd quarter of 2018.

Russia’s exports to Jamaica in the 3rd quarter of 2019 were $93,498, down 85.43% ($548,423) from the 3rd quarter of 2018.

Russia’s imports from Jamaica in the 3rd quarter of 2019 totaled $17,507,355, up 904.06% ($15,763,695) from the 3rd quarter of 2018.

Russia’s trade deficit with Jamaica in the 3rd quarter of 2019 was $17,413,857, a 1,480.58% increase ($16,312,118) over the 3rd quarter of 2018.

Jamaica was Russia’s 134th largest trading partner in the 3rd quarter of 2019 (up from 156th in the 3rd quarter of 2018), accounting for 0.0106% of Russia’s total trade (up from 0.0014% in the 3rd quarter of 2018).

Jamaica was Russia’s 177th largest export market in the 3rd quarter of 2019 (down from 162nd in the 3rd quarter of 2018), accounting for 0.0001% of Russia’s total exports (down from 0.0006% in the 3rd quarter of 2018).

Jamaica was Russia’s 90th largest supplier in the 3rd quarter of 2019 (up from 123rd in the 3rd quarter of 2018), accounting for 0.0280% of Russia’s total imports (up from 0.0029% in the 3rd quarter of 2018).

Russia’s Exports to Jamaica

The major share of Russian exports to Jamaica in the 3rd quarter of 2019 (and in the 3rd quarter of 2018) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 40.63% of Russia’s total exports to Jamaica (0.00% in the 3rd quarter of 2018);
  • Mineral products (HS codes 25-27) - 29.18% of Russia’s total exports to Jamaica (98.57% in the 3rd quarter of 2018);
  • Machinery, equipment and vehicles (HS codes 84-90) - 22.11% of Russia’s total exports to Jamaica (0.00% in the 3rd quarter of 2018);
  • Metals and products from them (HS codes 72-83) - 8.08% of Russia’s total exports to Jamaica (0.00% in the 3rd quarter of 2018).

The largest gains in Russia’s exports to Jamaica in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - an increase of $26,796;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $20,672;
  • 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 (HS code 34) - an increase of $11,193;
  • Articles of iron or steel (HS code 73) - an increase of $7,553.

The largest declines in Russia’s exports to Jamaica in the 3rd quarter of 2019 over the 3rd 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 $605,430;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $9,207.
Russia’s exports to Jamaica in the 3rd quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q3 2019,
US dollars ($)
Percent share in total export Value of exports
in Q3 2018,
US dollars ($)
Percent change
in Q3 2019
over Q3 2018
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 27,284 29.18 632,714-95.69
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 11,193 11.97 0
40 Rubber and articles thereof 26,796 28.66 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 9,207-100.00
73 Articles of iron or steel 7,553 8.08 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 20,672 22.11 0

Russia’s Imports from Jamaica

The major share of Russian imports from Jamaica in the 3rd quarter of 2019 (and in the 3rd quarter of 2018) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 99.46% of Russia’s total imports from Jamaica (99.44% in the 3rd quarter of 2018).

The largest gains in Russia’s imports from Jamaica in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $15,678,951;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $84,621.

The largest declines in Russia’s imports from Jamaica in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • No product groups with a substantial decrease.
Russia’s imports from Jamaica in the 3rd quarter of 2019 by product groups
HS
code
Name of product group Value of imports in Q3 2019,
US dollars ($)
Percent share in total import Value of imports in Q3 2018,
US dollars ($)
Percent change
in Q3 2019
over Q3 2018
22 Beverages, spirits and vinegar 94,008 0.54 9,387901.47
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 17,412,902 99.46 1,733,951904.23
73 Articles of iron or steel 0 0.00 322-100.00
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 445 0.00 0
Russian foreign trade statistics
Source: Federal Customs Service of Russia