Russian foreign trade
reports and reviews

Russian trade in goods with Trinidad and Tobago 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 Trinidad and Tobago in the second quarter of 2020: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In the 2nd quarter of 2020, Russia’s trade with Trinidad and Tobago was $277,002, down 97.59% ($11,214,989) from the 2nd quarter of 2019.

Russia’s exports to Trinidad and Tobago in the 2nd quarter of 2020 were $245,907, down 97.83% ($11,063,041) from the 2nd quarter of 2019.

Russia’s imports from Trinidad and Tobago in the 2nd quarter of 2020 were $31,095, down 83.01% ($151,948) from the 2nd quarter of 2019.

Russia’s trade surplus with Trinidad and Tobago in the 2nd quarter of 2020 was $214,812, a 98.07% decrease ($10,911,093) over the 2nd quarter of 2019.

Trinidad and Tobago was Russia’s 167th largest trading partner in the 2nd quarter of 2020 (down from 134th in the 2nd quarter of 2019), accounting for 0.0002% of Russia’s total trade (down from 0.0072% in the 2nd quarter of 2019).

Trinidad and Tobago was Russia’s 162nd largest export market in the 2nd quarter of 2020 (down from 116th in the 2nd quarter of 2019), accounting for 0.0004% of Russia’s total exports (down from 0.0112% in the 2nd quarter of 2019).

Trinidad and Tobago was Russia’s 150th largest supplier in the 2nd quarter of 2020 (up from 151st in the 2nd quarter of 2019), accounting for 0.0001% of Russia’s total imports (down from 0.0003% in the 2nd quarter of 2019).

Russia’s Exports to Trinidad and Tobago

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

  • Wood and wood products (HS codes 44-49) - 65.63% of Russia’s total exports to Trinidad and Tobago (0.75% in the 2nd quarter of 2019);
  • Mineral products (HS codes 25-27) - 24.94% of Russia’s total exports to Trinidad and Tobago (96.00% in the 2nd quarter of 2019);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.44% of Russia’s total exports to Trinidad and Tobago (0.88% in the 2nd quarter of 2019);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of Russia’s total exports to Trinidad and Tobago (1.82% in the 2nd quarter of 2019).

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

  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $91,412;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $61,318.

The largest declines in Russia’s exports to Trinidad and Tobago in the 2nd quarter of 2020 over the 2nd quarter of 2019 were recorded for the following product groups:

  • Ores, slag and ash (HS code 26) - a decrease of $10,856,221;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $172,852;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $76,401;
  • 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 $33,046;
  • Ceramic products (HS code 69) - a decrease of $30,634;
  • Articles of iron or steel (HS code 73) - a decrease of $17,697;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $14,664;
  • 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 $14,209.
Russia’s exports to Trinidad and Tobago in the 2nd quarter of 2020 by product groups
HS
code
Name of product group Value of exports
in Q2 2020,
US dollars ($)
Percent share in total export Value of exports
in Q2 2019,
US dollars ($)
Percent change
in Q2 2020
over Q2 2019
07 Edible vegetables and certain roots and tubers 23,204 9.44 99,605-76.70
26 Ores, slag and ash 0 0.00 10,856,221-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 61,318 24.94 0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0 0.00 14,209-100.00
40 Rubber and articles thereof 0 0.00 26-100.00
44 Wood and articles of wood; wood charcoal 0 0.00 14,664-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 161,385 65.63 69,973130.64
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 19-100.00
69 Ceramic products 0 0.00 30,634-100.00
73 Articles of iron or steel 0 0.00 17,697-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0 0.00 2-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 172,852-100.00
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 0 0.00 33,046-100.00

Russia’s Imports from Trinidad and Tobago

The major share of Russian imports from Trinidad and Tobago 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) - 98.08% of Russia’s total imports from Trinidad and Tobago (99.45% in the 2nd quarter of 2019);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.92% of Russia’s total imports from Trinidad and Tobago (0.00% in the 2nd quarter of 2019).

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

  • 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 $596.

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

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $151,537;
  • Articles of iron or steel (HS code 73) - a decrease of $1,007.
Russia’s imports from Trinidad and Tobago in the 2nd quarter of 2020 by product groups
HS
code
Name of product group Value of imports in Q2 2020,
US dollars ($)
Percent share in total import Value of imports in Q2 2019,
US dollars ($)
Percent change
in Q2 2020
over Q2 2019
22 Beverages, spirits and vinegar 30,499 98.08 182,036-83.25
73 Articles of iron or steel 0 0.00 1,007-100.00
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 596 1.92 0
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Russian foreign trade statistics
Source: Federal Customs Service of Russia