Russian trade in goods with Trinidad and Tobago in Q4 2019
based on data from the Federal Customs Service of Russia
Russia’s Trade with Trinidad and Tobago
In the 4th quarter of 2019, Russia’s trade with Trinidad and Tobago was $510,288, down 0.99% ($5,093) from the 4th quarter of 2018.
Russia’s exports to Trinidad and Tobago in the 4th quarter of 2019 totaled $224,273, up 54.20% ($78,834) from the 4th quarter of 2018.
Russia’s imports from Trinidad and Tobago in the 4th quarter of 2019 were $286,015, down 22.69% ($83,927) from the 4th quarter of 2018.
Russia’s trade deficit with Trinidad and Tobago in the 4th quarter of 2019 was $61,742, a 72.50% decrease ($162,761) over the 4th quarter of 2018.
Trinidad and Tobago was Russia’s 169th largest trading partner in the 4th quarter of 2019 (up from 174th in the 4th quarter of 2018), accounting for 0.0003% of Russia’s total trade (just as in the 4th quarter of 2018).
Trinidad and Tobago was Russia’s 163rd largest export market in the 4th quarter of 2019 (up from 171st in the 4th quarter of 2018), accounting for 0.0002% of Russia’s total exports (up from 0.0001% in the 4th quarter of 2018).
Trinidad and Tobago was Russia’s 144th largest supplier in the 4th quarter of 2019 (down from 142nd in the 4th quarter of 2018), accounting for 0.0004% of Russia’s total imports (down from 0.0006% in the 4th quarter of 2018).
Russia’s Exports to Trinidad and Tobago
The major share of Russian exports to Trinidad and Tobago in the 4th quarter of 2019 (and in the 4th quarter of 2018) was accounted for the following product types:
- Wood and wood products (HS codes 44-49) - 47.49% of Russia’s total exports to Trinidad and Tobago (40.38% in the 4th quarter of 2018);
- Metals and products from them (HS codes 72-83) - 16.64% of Russia’s total exports to Trinidad and Tobago (0.00% in the 4th quarter of 2018);
- Machinery, equipment and vehicles (HS codes 84-90) - 14.62% of Russia’s total exports to Trinidad and Tobago (0.00% in the 4th quarter of 2018);
- Food products and agricultural raw materials (HS codes 01-24) - 12.15% of Russia’s total exports to Trinidad and Tobago (35.86% in the 4th quarter of 2018);
- Chemical products (HS codes 28-40) - 3.42% of Russia’s total exports to Trinidad and Tobago (16.20% in the 4th quarter of 2018).
The largest gains in Russia’s exports to Trinidad and Tobago in the 4th quarter of 2019 over the 4th quarter of 2018 were recorded for the following product groups:
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $47,773;
- Articles of iron or steel (HS code 73) - an increase of $37,326;
- 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) - an increase of $18,438;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $14,344;
- Ceramic products (HS code 69) - an increase of $1,760;
- Plastics and articles thereof (HS code 39) - an increase of $1,220.
The largest declines in Russia’s exports to Trinidad and Tobago in the 4th quarter of 2019 over the 4th quarter of 2018 were recorded for the following product groups:
- Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $24,905;
- Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $17,122.
| HS code |
Name of product group | Value of exports in Q4 2019, US dollars ($) |
Percent share in total export | Value of exports in Q4 2018, US dollars ($) |
Percent change in Q4 2019 over Q4 2018 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 27,250 | 12.15 | 52,155 | -47.75 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 6,443 | 2.87 | 23,565 | -72.66 |
| 39 | Plastics and articles thereof | 1,220 | 0.54 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 106,508 | 47.49 | 58,735 | 81.34 |
| 69 | Ceramic products | 12,744 | 5.68 | 10,984 | 16.02 |
| 73 | Articles of iron or steel | 37,326 | 16.64 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 14,344 | 6.40 | 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 | 18,438 | 8.22 | 0 | ∞ |
Russia’s Imports from Trinidad and Tobago
The major share of Russian imports from Trinidad and Tobago in the 4th quarter of 2019 (and in the 4th quarter of 2018) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 99.70% of Russia’s total imports from Trinidad and Tobago (95.26% in the 4th quarter of 2018);
- Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total imports from Trinidad and Tobago (4.74% in the 4th quarter of 2018).
The largest gains in Russia’s imports from Trinidad and Tobago in the 4th quarter of 2019 over the 4th 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 4th quarter of 2019 over the 4th quarter of 2018 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - a decrease of $65,559;
- Articles of iron or steel (HS code 73) - a decrease of $17,518;
- Cocoa and cocoa preparations (HS code 18) - a decrease of $1,701.
| HS code |
Name of product group | Value of imports in Q4 2019, US dollars ($) |
Percent share in total import | Value of imports in Q4 2018, US dollars ($) |
Percent change in Q4 2019 over Q4 2018 |
|---|---|---|---|---|---|
| 18 | Cocoa and cocoa preparations | 0 | 0.00 | 1,701 | -100.00 |
| 22 | Beverages, spirits and vinegar | 285,164 | 99.70 | 350,723 | -18.69 |
| 73 | Articles of iron or steel | 0 | 0.00 | 17,518 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 186 | 0.07 | 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 | 665 | 0.23 | 0 | ∞ |