Russian trade in goods with Montenegro in Q1 2020
based on data from the Federal Customs Service of Russia
Russia’s Trade with Montenegro
In the 1st quarter of 2020, Russia’s trade with Montenegro totaled $11,163,363, up 43.73% ($3,396,717) from the 1st quarter of 2019.
Russia’s exports to Montenegro in the 1st quarter of 2020 totaled $9,522,300, up 551.92% ($8,061,646) from the 1st quarter of 2019.
Russia’s imports from Montenegro in the 1st quarter of 2020 were $1,641,063, down 73.98% ($4,664,929) from the 1st quarter of 2019.
Russia’s trade balance with Montenegro went from a deficit of $4,845,338 in the 1st quarter of 2019, to a surplus of $7,881,237 in the 1st quarter of 2020.
Montenegro was Russia’s 127th largest trading partner in the 1st quarter of 2020 (up from 138th in the 1st quarter of 2019), accounting for 0.0079% of Russia’s total trade (up from 0.0049% in the 1st quarter of 2019).
Montenegro was Russia’s 114th largest export market in the 1st quarter of 2020 (up from 148th in the 1st quarter of 2019), accounting for 0.0107% of Russia’s total exports (up from 0.0014% in the 1st quarter of 2019).
Montenegro was Russia’s 121st largest supplier in the 1st quarter of 2020 (down from 100th in the 1st quarter of 2019), accounting for 0.0031% of Russia’s total imports (down from 0.0119% in the 1st quarter of 2019).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 1st quarter of 2020 (and in the 1st quarter of 2019) was accounted for the following product types:
- Metals and products from them (HS codes 72-83) - 85.89% of Russia’s total exports to Montenegro (29.24% in the 1st quarter of 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 4.79% of Russia’s total exports to Montenegro (9.60% in the 1st quarter of 2019);
- Food products and agricultural raw materials (HS codes 01-24) - 4.47% of Russia’s total exports to Montenegro (51.16% in the 1st quarter of 2019);
- Mineral products (HS codes 25-27) - 2.19% of Russia’s total exports to Montenegro (7.13% in the 1st quarter of 2019).
The largest gains in Russia’s exports to Montenegro in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - an increase of $7,728,964;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $208,699;
- 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 $111,496;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $104,656;
- Wood and articles of wood; wood charcoal (HS code 44) - an increase of $86,986;
- Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $73,266;
- Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $35,744.
The largest declines in Russia’s exports to Montenegro in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:
- Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $360,377.
| HS code |
Name of product group | Value of exports in Q1 2020, US dollars ($) |
Percent share in total export | Value of exports in Q1 2019, US dollars ($) |
Percent change in Q1 2020 over Q1 2019 |
|---|---|---|---|---|---|
| 09 | Coffee, tea, maté and spices | 2,922 | 0.03 | 0 | ∞ |
| 10 | Cereals | 0 | 0.00 | 27,000 | -100.00 |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 468 | 0.00 | 0 | ∞ |
| 17 | Sugars and sugar confectionery | 516 | 0.01 | 0 | ∞ |
| 18 | Cocoa and cocoa preparations | 3,510 | 0.04 | 0 | ∞ |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 550 | 0.01 | 0 | ∞ |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 35,744 | 0.38 | 0 | ∞ |
| 21 | Miscellaneous edible preparations | 939 | 0.01 | 0 | ∞ |
| 22 | Beverages, spirits and vinegar | 21,212 | 0.22 | 0 | ∞ |
| 24 | Tobacco and manufactured tobacco substitutes | 359,876 | 3.78 | 720,253 | -50.03 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 208,785 | 2.19 | 104,129 | 100.51 |
| 30 | Pharmaceutical products | 0 | 0.00 | 25 | -100.00 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0 | 0.00 | 63 | -100.00 |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 10,176 | 0.11 | 0 | ∞ |
| 39 | Plastics and articles thereof | 6,628 | 0.07 | 5,495 | 20.62 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 136 | 0.00 | 4,444 | -96.94 |
| 44 | Wood and articles of wood; wood charcoal | 86,986 | 0.91 | 0 | ∞ |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 1,151 | 0.01 | 0 | ∞ |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 661 | 0.01 | 607 | 8.90 |
| 57 | Carpets and other textile floor coverings | 67 | 0.00 | 0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 83 | 0.00 | 3,914 | -97.88 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 7,645 | 0.08 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 1,125 | 0.01 | 0 | ∞ |
| 65 | Headgear and parts thereof | 0 | 0.00 | 762 | -100.00 |
| 69 | Ceramic products | 45,365 | 0.48 | 26,525 | 71.03 |
| 70 | Glass and glassware | 94 | 0.00 | 0 | ∞ |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 240 | 0.00 | 0 | ∞ |
| 73 | Articles of iron or steel | 252 | 0.00 | 175 | 44.00 |
| 76 | Aluminum and articles thereof | 8,155,816 | 85.65 | 426,852 | 1,810.69 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 22,693 | 0.24 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 380 | 0.00 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 295,997 | 3.11 | 87,298 | 239.07 |
| 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 | 136,919 | 1.44 | 25,423 | 438.56 |
| 89 | Ships, boats and floating structures | 0 | 0.00 | 14,176 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 23,474 | 0.25 | 13,272 | 76.87 |
| 94 | Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings | 73,507 | 0.77 | 241 | 30,400.83 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 18,383 | 0.19 | 0 | ∞ |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 1st quarter of 2020 (and in the 1st quarter of 2019) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 82.75% of Russia’s total imports from Montenegro (94.20% in the 1st quarter of 2019).
The largest gains in Russia’s imports from Montenegro in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:
- Cocoa and cocoa preparations (HS code 18) - an increase of $6,265;
- 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 $5,657.
The largest declines in Russia’s imports from Montenegro in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - a decrease of $4,582,840;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $83,072;
- Iron and steel (HS code 72) - a decrease of $7,880.
| HS code |
Name of product group | Value of imports in Q1 2020, US dollars ($) |
Percent share in total import | Value of imports in Q1 2019, US dollars ($) |
Percent change in Q1 2020 over Q1 2019 |
|---|---|---|---|---|---|
| 18 | Cocoa and cocoa preparations | 6,265 | 0.38 | 0 | ∞ |
| 30 | Pharmaceutical products | 1,357,274 | 82.71 | 5,940,114 | -77.15 |
| 40 | Rubber and articles thereof | 632 | 0.04 | 1 | 63,100.00 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 9,849 | 0.60 | 14,657 | -32.80 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 251,965 | 15.35 | 335,037 | -24.79 |
| 72 | Iron and steel | 0 | 0.00 | 7,880 | -100.00 |
| 73 | Articles of iron or steel | 85 | 0.01 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 1 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 8,637 | 0.53 | 7,117 | 21.36 |
| 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 | 6,324 | 0.39 | 667 | 848.13 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 32 | 0.00 | 0 | ∞ |
| 96 | Miscellaneous manufactured articles | 0 | 0.00 | 518 | -100.00 |