Russian foreign trade
reports and reviews

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

Russia’s Trade with Puerto Rico

In the 2nd quarter of 2020, Russia’s trade with Puerto Rico was $102,294,981, down 20.22% ($25,925,118) from the 2nd quarter of 2019.

Russia’s exports to Puerto Rico in the 2nd quarter of 2020 were $15,430,048, down 79.46% ($59,702,722) from the 2nd quarter of 2019.

Russia’s imports from Puerto Rico in the 2nd quarter of 2020 totaled $86,864,933, up 63.63% ($33,777,604) from the 2nd quarter of 2019.

Russia’s trade balance with Puerto Rico went from a surplus of $22,045,441 in the 2nd quarter of 2019, to a deficit of $71,434,885 in the 2nd quarter of 2020.

Puerto Rico was Russia’s 79th largest trading partner in the 2nd quarter of 2020 (down from 78th in the 2nd quarter of 2019), accounting for 0.0838% of Russia’s total trade (up from 0.0801% in the 2nd quarter of 2019).

Puerto Rico was Russia’s 109th largest export market in the 2nd quarter of 2020 (down from 78th in the 2nd quarter of 2019), accounting for 0.0221% of Russia’s total exports (down from 0.0746% in the 2nd quarter of 2019).

Puerto Rico was Russia’s 63rd largest supplier in the 2nd quarter of 2020 (up from 70th in the 2nd quarter of 2019), accounting for 0.1668% of Russia’s total imports (up from 0.0895% in the 2nd quarter of 2019).

Russia’s Exports to Puerto Rico

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

  • Mineral products (HS codes 25-27) - 99.61% of Russia’s total exports to Puerto Rico (95.54% in the 2nd quarter of 2019);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of Russia’s total exports to Puerto Rico (2.05% in the 2nd quarter of 2019).
  • Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total exports to Puerto Rico (2.40% in the 2nd quarter of 2019).

The largest gains in Russia’s exports to Puerto Rico 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 exports to Puerto Rico 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 $56,409,504;
  • Aluminum and articles thereof (HS code 76) - a decrease of $1,774,863;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $1,540,085.
Russia’s exports to Puerto Rico in the 2nd quarter of 2020 by product groups
HS
code
Name of product group Value of exports
in Q2 2020,
US dollars ($)
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 15,369,760 99.61 71,779,264-78.59
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 34,711 0.22 12,697173.38
31 Fertilizers 11,752 0.08 0
39 Plastics and articles thereof 4,490 0.03 0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 14 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 0 0.00 94-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 25 0.00 0
64 Footwear, gaiters and the like; parts of such articles 352 0.00 985-64.26
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 8,944 0.06 0
72 Iron and steel 0 0.00 24,782-100.00
76 Aluminum and articles thereof 0 0.00 1,774,863-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 1,540,085-100.00

Russia’s Imports from Puerto Rico

The major share of Russian imports from Puerto Rico 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) - 98.64% of Russia’s total imports from Puerto Rico (98.66% in the 2nd quarter of 2019);
  • Metals and products from them (HS codes 72-83) - 1.30% of Russia’s total imports from Puerto Rico (0.00% in the 2nd quarter of 2019).

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

  • Pharmaceutical products (HS code 30) - an increase of $33,295,326;
  • Copper and articles thereof (HS code 74) - an increase of $1,132,338.

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

  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $307,350.
Russia’s imports from Puerto Rico in the 2nd quarter of 2020 by product groups
HS
code
Name of product group Value of imports in Q2 2020,
US dollars ($)
Percent share in total import Value of imports in Q2 2019,
US dollars ($)
Percent change
in Q2 2020
over Q2 2019
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 307,350-100.00
10 Cereals 0 0.00 22-100.00
22 Beverages, spirits and vinegar 3,355 0.00 24,538-86.33
29 Organic chemicals 0 0.00 5,015-100.00
30 Pharmaceutical products 85,557,024 98.49 52,261,69863.71
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 25,717 0.03 47,149-45.46
39 Plastics and articles thereof 102,390 0.12 63,73560.65
40 Rubber and articles thereof 2 0.00 0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4,169 0.00 10,339-59.68
73 Articles of iron or steel 14 0.00 0
74 Copper and articles thereof 1,132,338 1.30 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 22,719 0.03 59,833-62.03
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 7,407 0.01 12,356-40.05
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 9,798 0.01 265,294-96.31
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 30,000-100.00
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Russian foreign trade statistics
Source: Federal Customs Service of Russia