Russian foreign trade
reports and reviews

Russian trade in goods with Trinidad and Tobago 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 Trinidad and Tobago in the third quarter of 2019: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In the 3rd quarter of 2019, Russia’s trade with Trinidad and Tobago was $22,614,304, down 80.14% ($91,266,192) from the 3rd quarter of 2018.

Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2019 were $22,447,567, down 80.13% ($90,510,371) from the 3rd quarter of 2018.

Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2019 were $166,737, down 81.93% ($755,821) from the 3rd quarter of 2018.

Russia’s trade surplus with Trinidad and Tobago in the 3rd quarter of 2019 was $22,280,830, a 80.11% decrease ($89,754,550) over the 3rd quarter of 2018.

Trinidad and Tobago was Russia’s 124th largest trading partner in the 3rd quarter of 2019 (down from 82nd in the 3rd quarter of 2018), accounting for 0.0136% of Russia’s total trade (down from 0.0662% in the 3rd quarter of 2018).

Trinidad and Tobago was Russia’s 111th largest export market in the 3rd quarter of 2019 (down from 74th in the 3rd quarter of 2018), accounting for 0.0217% of Russia’s total exports (down from 0.1007% in the 3rd quarter of 2018).

Trinidad and Tobago was Russia’s 150th largest supplier in the 3rd quarter of 2019 (down from 129th in the 3rd quarter of 2018), accounting for 0.0003% of Russia’s total imports (down from 0.0015% in the 3rd quarter of 2018).

Russia’s Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago 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) - 98.30% of Russia’s total exports to Trinidad and Tobago (99.68% in the 3rd quarter of 2018).

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

  • Ores, slag and ash (HS code 26) - an increase of $22,065,939;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $156,058.

The largest declines in Russia’s exports to Trinidad and Tobago 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 $112,593,444;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $131,713.
Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q3 2019,
US dollars ($)
Percent share in total export Value of exports
in Q3 2018,
US dollars ($)
Percent change
in Q3 2019
over Q3 2018
07 Edible vegetables and certain roots and tubers 0 0.00 13,950-100.00
26 Ores, slag and ash 22,065,939 98.30 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0 0.00 112,593,444-100.00
39 Plastics and articles thereof 741 0.00 0
40 Rubber and articles thereof 328 0.00 0
44 Wood and articles of wood; wood charcoal 15,175 0.07 15,1750.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 170,048 0.76 301,761-43.65
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 395 0.00 0
69 Ceramic products 0 0.00 15,401-100.00
73 Articles of iron or steel 33,104 0.15 5,642486.74
74 Copper and articles thereof 2,341 0.01 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 2,054 0.01 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 373 0.00 12,565-97.03
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 1,011 0.00 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 156,058 0.70 0

Russia’s Imports from Trinidad and Tobago

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

  • Food products and agricultural raw materials (HS codes 01-24) - 100.00% of Russia’s total imports from Trinidad and Tobago (16.98% in the 3rd quarter of 2018);
  • Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total imports from Trinidad and Tobago (83.02% in the 3rd quarter of 2018).

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

  • Beverages, spirits and vinegar (HS code 22) - an increase of $10,060.

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

  • Articles of iron or steel (HS code 73) - a decrease of $765,881.
Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2019 by product groups
HS
code
Name of product group Value of imports in Q3 2019,
US dollars ($)
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 166,737 100.00 156,6776.42
73 Articles of iron or steel 0 0.00 765,881-100.00
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Russian foreign trade statistics
Source: Federal Customs Service of Russia