Russian foreign trade
reports and reviews

Russian trade in goods with Montenegro in Q1 2020

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Montenegro in the first quarter of 2020: exports, imports, products, dynamics.

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 $360,377.
Russia’s exports to Montenegro in the 1st quarter of 2020 by product groups
HS
code
Name of product group Value of exports
in Q1 2020,
US dollars ($)
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 2.19 104,129100.51
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 5,49520.62
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 6078.90
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 26,52571.03
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 17544.00
76 Aluminum and articles thereof 8,155,816 85.65 426,8521,810.69
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 87,298239.07
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 25,423438.56
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 13,27276.87
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 24130,400.83
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 $7,880.
Russia’s imports from Montenegro in the 1st quarter of 2020 by product groups
HS
code
Name of product group Value of imports in Q1 2020,
US dollars ($)
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 0.04 163,100.00
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 7,11721.36
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 667848.13
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
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Russian foreign trade statistics
Source: Federal Customs Service of Russia