Russian foreign trade
reports and reviews

Russian trade in goods with Jamaica in Q2 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 Jamaica in the second quarter of 2020: exports, imports, products, dynamics.

Russia’s Trade with Jamaica

In the 2nd quarter of 2020, Russia’s trade with Jamaica was $29,910,136, down 8.33% ($2,716,931) from the 2nd quarter of 2019.

Russia’s exports to Jamaica in the 2nd quarter of 2020 were $77,357, down 33.50% ($38,967) from the 2nd quarter of 2019.

Russia’s imports from Jamaica in the 2nd quarter of 2020 were $29,832,779, down 8.24% ($2,677,964) from the 2nd quarter of 2019.

Russia’s trade deficit with Jamaica in the 2nd quarter of 2020 was $29,755,422, a 8.15% decrease ($2,638,997) over the 2nd quarter of 2019.

Jamaica was Russia’s 106th largest trading partner in the 2nd quarter of 2020 (down from 104th in the 2nd quarter of 2019), accounting for 0.0245% of Russia’s total trade (up from 0.0204% in the 2nd quarter of 2019).

Jamaica was Russia’s 171st largest export market in the 2nd quarter of 2020 (up from 172nd in the 2nd quarter of 2019), accounting for 0.0001% of Russia’s total exports (just as in the 2nd quarter of 2019).

Jamaica was Russia’s 80th largest supplier in the 2nd quarter of 2020 (up from 81st in the 2nd quarter of 2019), accounting for 0.0573% of Russia’s total imports (up from 0.0548% in the 2nd quarter of 2019).

Russia’s Exports to Jamaica

The major share of Russian exports to Jamaica in the 2nd quarter of 2020 (and in the 2nd quarter of 2019) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 57.01% of Russia’s total exports to Jamaica (22.57% in the 2nd quarter of 2019);
  • Mineral products (HS codes 25-27) - 42.99% of Russia’s total exports to Jamaica (72.73% in the 2nd quarter of 2019);
  • Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total exports to Jamaica (4.70% in the 2nd quarter of 2019).

The largest gains in Russia’s exports to Jamaica in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:

  • Plastics and articles thereof (HS code 39) - an increase of $44,099.

The largest declines in Russia’s exports to Jamaica in the 2nd quarter of 2020 over the 2nd quarter of 2019 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 $51,342;
  • Rubber and articles thereof (HS code 40) - a decrease of $26,260;
  • Articles of iron or steel (HS code 73) - a decrease of $5,464.
Russia’s exports to Jamaica in the 2nd quarter of 2020 by product groups
HS
code
Name of product group Value of exports
in Q2 2020,
US dollars ($)
Percent share in total export Value of exports
in Q2 2019,
US dollars ($)
Percent change
in Q2 2020
over Q2 2019
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 33,258 42.99 84,600-60.69
39 Plastics and articles thereof 44,099 57.01 0
40 Rubber and articles thereof 0 0.00 26,260-100.00
73 Articles of iron or steel 0 0.00 5,464-100.00

Russia’s Imports from Jamaica

The major share of Russian imports from Jamaica in the 2nd quarter of 2020 (and in the 2nd quarter of 2019) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 99.50% of Russia’s total imports from Jamaica (99.61% in the 2nd quarter of 2019).

The largest gains in Russia’s imports from Jamaica in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in Russia’s imports from Jamaica in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:

  • 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 $2,699,892.
Russia’s imports from Jamaica in the 2nd quarter of 2020 by product groups
HS
code
Name of product group Value of imports in Q2 2020,
US dollars ($)
Percent share in total import Value of imports in Q2 2019,
US dollars ($)
Percent change
in Q2 2020
over Q2 2019
09 Coffee, tea, maté and spices 26,364 0.09 22,51017.12
22 Beverages, spirits and vinegar 123,817 0.42 105,88216.94
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 29,682,459 99.50 32,382,351-8.34
73 Articles of iron or steel 139 0.00 0
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Russian foreign trade statistics
Source: Federal Customs Service of Russia