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

Russia’s Trade with Puerto Rico

In the 3rd quarter of 2019, Russia’s trade with Puerto Rico totaled $117,091,080, up 169.98% ($73,721,165) from the 3rd quarter of 2018.

Russia’s exports to Puerto Rico in the 3rd quarter of 2019 totaled $43,934,038, up 2,120.09% ($41,955,107) from the 3rd quarter of 2018.

Russia’s imports from Puerto Rico in the 3rd quarter of 2019 totaled $73,157,042, up 76.75% ($31,766,058) from the 3rd quarter of 2018.

Russia’s trade deficit with Puerto Rico in the 3rd quarter of 2019 was $29,223,004, a 25.85% decrease ($10,189,049) over the 3rd quarter of 2018.

Puerto Rico was Russia’s 80th largest trading partner in the 3rd quarter of 2019 (up from 108th in the 3rd quarter of 2018), accounting for 0.0706% of Russia’s total trade (up from 0.0252% in the 3rd quarter of 2018).

Puerto Rico was Russia’s 92nd largest export market in the 3rd quarter of 2019 (up from 149th in the 3rd quarter of 2018), accounting for 0.0425% of Russia’s total exports (up from 0.0018% in the 3rd quarter of 2018).

Puerto Rico was Russia’s 61st largest supplier in the 3rd quarter of 2019 (up from 76th in the 3rd quarter of 2018), accounting for 0.1170% of Russia’s total imports (up from 0.0691% in the 3rd quarter of 2018).

Russia’s Exports to Puerto Rico

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

  • Mineral products (HS codes 25-27) - 95.20% of Russia’s total exports to Puerto Rico (0.00% in the 3rd quarter of 2018);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.75% of Russia’s total exports to Puerto Rico (95.58% in the 3rd quarter of 2018);
  • Metals and products from them (HS codes 72-83) - 1.91% of Russia’s total exports to Puerto Rico (0.00% in the 3rd quarter of 2018);
  • Wood and wood products (HS codes 44-49) - 0.02% of Russia’s total exports to Puerto Rico (4.42% in the 3rd quarter of 2018).

The largest gains in Russia’s exports to Puerto Rico 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) - an increase of $41,826,072;
  • Aluminum and articles thereof (HS code 76) - an increase of $839,980.

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $683,135.
Russia’s exports to Puerto Rico in the 3rd quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q3 2019,
US dollars ($)
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 41,826,072 95.20 0
38 Miscellaneous chemical products 40,574 0.09 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 9,874 0.02 87,434-88.71
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 9,176 0.02 0
76 Aluminum and articles thereof 839,980 1.91 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,206,202 2.75 1,889,337-36.16
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 2,160 0.00 0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0 0.00 2,160-100.00

Russia’s Imports from Puerto Rico

The major share of Russian imports from Puerto Rico 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) - 99.58% of Russia’s total imports from Puerto Rico (99.13% in the 3rd quarter of 2018).

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

  • Pharmaceutical products (HS code 30) - an increase of $30,343,328;
  • Organic chemicals (HS code 29) - an increase of $1,398,892.

The largest declines in Russia’s imports from Puerto Rico 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 Puerto Rico 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
08 Edible fruit and nuts; peel of citrus fruit or melons 44,241 0.06 0
22 Beverages, spirits and vinegar 33,742 0.05 42,683-20.95
29 Organic chemicals 1,405,817 1.92 6,92520,200.61
30 Pharmaceutical products 71,234,779 97.37 40,891,45174.20
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 90,892 0.12 58,34255.79
38 Miscellaneous chemical products 2,680 0.00 30,247-91.14
39 Plastics and articles thereof 114,379 0.16 45,296152.51
40 Rubber and articles thereof 125 0.00 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,024 0.00 27,483-96.27
62 Articles of apparel and clothing accessories, not knitted or crocheted 853 0.00 0
73 Articles of iron or steel 0 0.00 405-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0 0.00 137-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 43,665 0.06 48,269-9.54
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 61,370 0.08 2,1572,745.16
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 123,475 0.17 234,817-47.42
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 2,772-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia