Russian trade in goods with Montenegro in Q3 2020
November 13, 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 third quarter of 2020: exports, imports, products, dynamics.
Russia’s Trade with Montenegro
In the 3rd quarter of 2020, Russia’s trade with Montenegro was $3,130,605, down 77.28% ($10,648,137) from the 3rd quarter of 2019.
Russia’s exports to Montenegro in the 3rd quarter of 2020 were $1,089,614, down 85.48% ($6,412,639) from the 3rd quarter of 2019.
Russia’s imports from Montenegro in the 3rd quarter of 2020 were $2,040,991, down 67.48% ($4,235,498) from the 3rd quarter of 2019.
Russia’s trade balance with Montenegro went from a surplus of $1,225,764 in the 3rd quarter of 2019, to a deficit of $951,377 in the 3rd quarter of 2020.
Montenegro was Russia’s 156th largest trading partner in the 3rd quarter of 2020 (down from 138th in the 3rd quarter of 2019), accounting for 0.0023% of Russia’s total trade (down from 0.0083% in the 3rd quarter of 2019).
Montenegro was Russia’s 158th largest export market in the 3rd quarter of 2020 (down from 130th in the 3rd quarter of 2019), accounting for 0.0014% of Russia’s total exports (down from 0.0073% in the 3rd quarter of 2019).
Montenegro was Russia’s 120th largest supplier in the 3rd quarter of 2020 (down from 104th in the 3rd quarter of 2019), accounting for 0.0035% of Russia’s total imports (down from 0.0100% in the 3rd quarter of 2019).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 3rd quarter of 2020 (and in the 3rd quarter of 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 71.54% of Russia’s total exports to Montenegro (11.98% in the 3rd quarter of 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 15.11% of Russia’s total exports to Montenegro (3.98% in the 3rd quarter of 2019);
- Chemical products (HS codes 28-40) - 3.37% of Russia’s total exports to Montenegro (0.12% in the 3rd quarter of 2019);
- Metals and products from them (HS codes 72-83) - 0.24% of Russia’s total exports to Montenegro (73.15% in the 3rd quarter of 2019);
- Mineral products (HS codes 25-27) - 0.00% of Russia’s total exports to Montenegro (9.00% in the 3rd quarter of 2019).
The largest gains in Russia’s exports to Montenegro in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $18,845;
- Ceramic products (HS code 69) - an increase of $16,431;
- Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster (HS code 34) - an increase of $12,788;
- Beverages, spirits and vinegar (HS code 22) - an increase of $7,063;
- Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $6,859.
The largest declines in Russia’s exports to Montenegro in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - a decrease of $5,456,780;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $675,274;
- Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $118,110;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $78,363;
- 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 $39,260;
- Man-made filaments (HS code 54) - a decrease of $32,729;
- Articles of iron or steel (HS code 73) - a decrease of $28,574;
- Miscellaneous edible preparations (HS code 21) - a decrease of $12,138;
- Ships, boats and floating structures (HS code 89) - a decrease of $10,314;
- Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds (HS code 86) - a decrease of $8,477;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $8,330;
- Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $7,826.
| HS code |
Name of product group | Value of exports in Q3 2020, US dollars ($) |
Percent share in total export | Value of exports in Q3 2019, US dollars ($) |
Percent change in Q3 2020 over Q3 2019 |
|---|---|---|---|---|---|
| 09 | Coffee, tea, maté and spices | 1,373 | 0.13 | 0 | ∞ |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 2,581 | 0.24 | 0 | ∞ |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 0 | 0.00 | 71 | -100.00 |
| 21 | Miscellaneous edible preparations | 2,142 | 0.20 | 14,280 | -85.00 |
| 22 | Beverages, spirits and vinegar | 35,586 | 3.27 | 28,523 | 24.76 |
| 24 | Tobacco and manufactured tobacco substitutes | 737,830 | 67.71 | 855,940 | -13.80 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 0 | 0.00 | 675,274 | -100.00 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 90 | 0.01 | 0 | ∞ |
| 30 | Pharmaceutical products | 20,700 | 1.90 | 1,855 | 1,015.90 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 2,833 | 0.26 | 5,421 | -47.74 |
| 34 | Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster | 12,857 | 1.18 | 69 | 18,533.33 |
| 39 | Plastics and articles thereof | 190 | 0.02 | 1,965 | -90.33 |
| 40 | Rubber and articles thereof | 35 | 0.00 | 0 | ∞ |
| 44 | Wood and articles of wood; wood charcoal | 5,479 | 0.50 | 3,848 | 42.39 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 178 | 0.02 | 3,292 | -94.59 |
| 54 | Man-made filaments | 0 | 0.00 | 32,729 | -100.00 |
| 57 | Carpets and other textile floor coverings | 0 | 0.00 | 133 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 251 | 0.02 | 0 | ∞ |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 222 | 0.02 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 7,687 | 0.71 | 828 | 828.38 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0 | 0.00 | 8,330 | -100.00 |
| 69 | Ceramic products | 51,467 | 4.72 | 35,036 | 46.90 |
| 70 | Glass and glassware | 353 | 0.03 | 2,990 | -88.19 |
| 73 | Articles of iron or steel | 2,189 | 0.20 | 30,763 | -92.88 |
| 75 | Nickel and articles thereof | 347 | 0.03 | 0 | ∞ |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 5,456,780 | -100.00 |
| 80 | Tin and articles thereof | 118 | 0.01 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 107 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 118,685 | 10.89 | 197,048 | -39.77 |
| 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 | 42,904 | 3.94 | 82,164 | -47.78 |
| 86 | Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds | 0 | 0.00 | 8,477 | -100.00 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 144 | 0.01 | 0 | ∞ |
| 89 | Ships, boats and floating structures | 0 | 0.00 | 10,314 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 2,888 | 0.27 | 957 | 201.78 |
| 91 | Clocks and watches and parts thereof | 0 | 0.00 | 35 | -100.00 |
| 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 | 39,542 | 3.63 | 36,954 | 7.00 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 244 | 0.02 | 8,070 | -96.98 |
| 96 | Miscellaneous manufactured articles | 699 | 0.06 | 0 | ∞ |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 3rd quarter of 2020 (and in the 3rd quarter of 2019) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 58.11% of Russia’s total imports from Montenegro (91.04% in the 3rd quarter of 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 14.96% of Russia’s total imports from Montenegro (2.38% in the 3rd quarter of 2019);
- Food products and agricultural raw materials (HS codes 01-24) - 2.51% of Russia’s total imports from Montenegro (0.00% in the 3rd quarter of 2019).
The largest gains in Russia’s imports from Montenegro in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $154,657;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $73,025;
- Cocoa and cocoa preparations (HS code 18) - an increase of $51,323;
- Iron and steel (HS code 72) - an increase of $15,003.
The largest declines in Russia’s imports from Montenegro in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - a decrease of $4,525,690.
| HS code |
Name of product group | Value of imports in Q3 2020, US dollars ($) |
Percent share in total import | Value of imports in Q3 2019, US dollars ($) |
Percent change in Q3 2020 over Q3 2019 |
|---|---|---|---|---|---|
| 18 | Cocoa and cocoa preparations | 51,323 | 2.51 | 0 | ∞ |
| 30 | Pharmaceutical products | 1,185,221 | 58.07 | 5,710,911 | -79.25 |
| 39 | Plastics and articles thereof | 163 | 0.01 | 3,215 | -94.93 |
| 40 | Rubber and articles thereof | 691 | 0.03 | 254 | 172.05 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 10,065 | 0.49 | 12,474 | -19.31 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 469,326 | 23.00 | 396,301 | 18.43 |
| 69 | Ceramic products | 63 | 0.00 | 84 | -25.00 |
| 72 | Iron and steel | 18,615 | 0.91 | 3,612 | 415.37 |
| 73 | Articles of iron or steel | 199 | 0.01 | 438 | -54.57 |
| 76 | Aluminum and articles thereof | 88 | 0.00 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 5,485 | 0.27 | 3,547 | 54.64 |
| 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 | 1,394 | 0.07 | 1,952 | -28.59 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 298,358 | 14.62 | 143,701 | 107.62 |