Russian trade in goods with Montenegro in Q2 2020
August 14, 2020
by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Montenegro in the second quarter of 2020: exports, imports, products, dynamics.
Russia’s Trade with Montenegro
In the 2nd quarter of 2020, Russia’s trade with Montenegro was $5,114,528, down 72.42% ($13,427,625) from the 2nd quarter of 2019.
Russia’s exports to Montenegro in the 2nd quarter of 2020 were $960,470, down 91.02% ($9,732,451) from the 2nd quarter of 2019.
Russia’s imports from Montenegro in the 2nd quarter of 2020 were $4,154,058, down 47.08% ($3,695,174) from the 2nd quarter of 2019.
Russia’s trade balance with Montenegro went from a surplus of $2,843,689 in the 2nd quarter of 2019, to a deficit of $3,193,588 in the 2nd quarter of 2020.
Montenegro was Russia’s 141st largest trading partner in the 2nd quarter of 2020 (down from 123rd in the 2nd quarter of 2019), accounting for 0.0042% of Russia’s total trade (down from 0.0116% in the 2nd quarter of 2019).
Montenegro was Russia’s 147th largest export market in the 2nd quarter of 2020 (down from 117th in the 2nd quarter of 2019), accounting for 0.0014% of Russia’s total exports (down from 0.0106% in the 2nd quarter of 2019).
Montenegro was Russia’s 110th largest supplier in the 2nd quarter of 2020 (down from 101st in the 2nd quarter of 2019), accounting for 0.0080% of Russia’s total imports (down from 0.0132% in the 2nd quarter of 2019).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 2nd quarter of 2020 (and in the 2nd quarter of 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 77.18% of Russia’s total exports to Montenegro (6.67% in the 2nd quarter of 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 6.68% of Russia’s total exports to Montenegro (2.69% in the 2nd quarter of 2019);
- Mineral products (HS codes 25-27) - 4.02% of Russia’s total exports to Montenegro (1.28% in the 2nd quarter of 2019);
- Chemical products (HS codes 28-40) - 1.92% of Russia’s total exports to Montenegro (1.70% in the 2nd quarter of 2019);
- Textiles, textile products and footwear (HS codes 50-67) - 1.11% of Russia’s total exports to Montenegro (0.07% in the 2nd quarter of 2019);
- Metals and products from them (HS codes 72-83) - 0.04% of Russia’s total exports to Montenegro (86.45% in the 2nd quarter of 2019).
The largest gains in Russia’s exports to Montenegro in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $83,944;
- Plastics and articles thereof (HS code 39) - an increase of $17,101;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $13,590;
- Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $8,531;
- Ceramic products (HS code 69) - an increase of $3,691.
The largest declines in Russia’s exports to Montenegro in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - a decrease of $9,230,489;
- Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $161,140;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $132,877;
- 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) - a decrease of $103,660;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $97,840;
- 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) - a decrease of $40,345;
- Cereals (HS code 10) - a decrease of $27,060;
- Miscellaneous edible preparations (HS code 21) - a decrease of $15,622;
- Cocoa and cocoa preparations (HS code 18) - a decrease of $9,823;
- Pharmaceutical products (HS code 30) - a decrease of $8,902;
- Miscellaneous articles of base metal (HS code 83) - a decrease of $7,527;
- Coffee, tea, maté and spices (HS code 09) - a decrease of $7,307;
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $5,955;
- Articles of iron or steel (HS code 73) - a decrease of $4,922;
- Miscellaneous chemical products (HS code 38) - a decrease of $3,774.
| HS code |
Name of product group | Value of exports in Q2 2020, US dollars ($) |
Percent share in total export | Value of exports in Q2 2019, US dollars ($) |
Percent change in Q2 2020 over Q2 2019 |
|---|---|---|---|---|---|
| 09 | Coffee, tea, maté and spices | 4,120 | 0.43 | 11,427 | -63.95 |
| 10 | Cereals | 0 | 0.00 | 27,060 | -100.00 |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 882 | 0.09 | 0 | ∞ |
| 17 | Sugars and sugar confectionery | 288 | 0.03 | 1,532 | -81.20 |
| 18 | Cocoa and cocoa preparations | 3,203 | 0.33 | 13,026 | -75.41 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 782 | 0.08 | 3,304 | -76.33 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 22,857 | 2.38 | 14,326 | 59.55 |
| 21 | Miscellaneous edible preparations | 233 | 0.02 | 15,855 | -98.53 |
| 22 | Beverages, spirits and vinegar | 12,870 | 1.34 | 14,234 | -9.58 |
| 24 | Tobacco and manufactured tobacco substitutes | 696,072 | 72.47 | 612,128 | 13.71 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 2 | 0.00 | 0 | ∞ |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 38,644 | 4.02 | 136,484 | -71.69 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 0 | 0.00 | 628 | -100.00 |
| 29 | Organic chemicals | 0 | 0.00 | 22 | -100.00 |
| 30 | Pharmaceutical products | 0 | 0.00 | 8,902 | -100.00 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 0 | 0.00 | 161,140 | -100.00 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 0 | 0.00 | 5,955 | -100.00 |
| 38 | Miscellaneous chemical products | 0 | 0.00 | 3,774 | -100.00 |
| 39 | Plastics and articles thereof | 18,423 | 1.92 | 1,322 | 1,293.57 |
| 40 | Rubber and articles thereof | 4 | 0.00 | 22 | -81.82 |
| 44 | Wood and articles of wood; wood charcoal | 8,380 | 0.87 | 7,016 | 19.44 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 69 | 0.01 | 212 | -67.45 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 1,631 | -100.00 |
| 57 | Carpets and other textile floor coverings | 1,391 | 0.14 | 0 | ∞ |
| 58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 2 | 0.00 | 0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 0 | 0.00 | 111 | -100.00 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 100 | 0.01 | 272 | -63.24 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 8,989 | 0.94 | 6,904 | 30.20 |
| 64 | Footwear, gaiters and the like; parts of such articles | 142 | 0.01 | 449 | -68.37 |
| 67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 0 | 0.00 | 34 | -100.00 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 13 | 0.00 | 56 | -76.79 |
| 69 | Ceramic products | 25,289 | 2.63 | 21,598 | 17.09 |
| 70 | Glass and glassware | 0 | 0.00 | 637 | -100.00 |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 18 | 0.00 | 0 | ∞ |
| 73 | Articles of iron or steel | 382 | 0.04 | 5,304 | -92.80 |
| 74 | Copper and articles thereof | 50 | 0.01 | 0 | ∞ |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 9,230,489 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 844 | -100.00 |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 7,527 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 13,353 | 1.39 | 146,230 | -90.87 |
| 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 | 22,378 | 2.33 | 126,038 | -82.25 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 13,590 | 1.41 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 14,822 | 1.54 | 14,935 | -0.76 |
| 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 | 51,082 | 5.32 | 91,427 | -44.13 |
| 96 | Miscellaneous manufactured articles | 2,040 | 0.21 | 66 | 2,990.91 |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro 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) - 90.38% of Russia’s total imports from Montenegro (89.80% in the 2nd quarter of 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 1.45% of Russia’s total imports from Montenegro (1.68% in the 2nd quarter of 2019);
- Food products and agricultural raw materials (HS codes 01-24) - 1.24% of Russia’s total imports from Montenegro (0.16% in the 2nd quarter of 2019).
The largest gains in Russia’s imports from Montenegro in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:
- Ships, boats and floating structures (HS code 89) - an increase of $52,510;
- Cocoa and cocoa preparations (HS code 18) - an increase of $39,015.
The largest declines in Russia’s imports from Montenegro in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - a decrease of $3,294,826;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $360,836;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $114,668.
| HS code |
Name of product group | Value of imports in Q2 2020, US dollars ($) |
Percent share in total import | Value of imports in Q2 2019, US dollars ($) |
Percent change in Q2 2020 over Q2 2019 |
|---|---|---|---|---|---|
| 18 | Cocoa and cocoa preparations | 51,350 | 1.24 | 12,335 | 316.30 |
| 30 | Pharmaceutical products | 3,753,957 | 90.37 | 7,048,783 | -46.74 |
| 39 | Plastics and articles thereof | 569 | 0.01 | 0 | ∞ |
| 40 | Rubber and articles thereof | 5 | 0.00 | 9 | -44.44 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 9,578 | 0.23 | 12,180 | -21.36 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 274,571 | 6.61 | 635,407 | -56.79 |
| 72 | Iron and steel | 3,500 | 0.08 | 8,429 | -58.48 |
| 73 | Articles of iron or steel | 15 | 0.00 | 22 | -31.82 |
| 74 | Copper and articles thereof | 0 | 0.00 | 204 | -100.00 |
| 76 | Aluminum and articles thereof | 272 | 0.01 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 88 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 6,844 | 0.16 | 12,441 | -44.99 |
| 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 | 595 | 0.01 | 4,656 | -87.22 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 292 | 0.01 | 10 | 2,820.00 |
| 89 | Ships, boats and floating structures | 52,510 | 1.26 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 114,668 | -100.00 |