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Russian trade in goods with Puerto Rico in Q3 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 third quarter of 2020: exports, imports, products, dynamics.

Russia’s Trade with Puerto Rico

In the 3rd quarter of 2020, Russia’s trade with Puerto Rico was $66,066,148, down 43.58% ($51,024,932) from the 3rd quarter of 2019.

Russia’s exports to Puerto Rico in the 3rd quarter of 2020 were $42,394,027, down 3.51% ($1,540,011) from the 3rd quarter of 2019.

Russia’s imports from Puerto Rico in the 3rd quarter of 2020 were $23,672,121, down 67.64% ($49,484,921) from the 3rd quarter of 2019.

Russia’s trade balance with Puerto Rico went from a deficit of $29,223,004 in the 3rd quarter of 2019, to a surplus of $18,721,906 in the 3rd quarter of 2020.

Puerto Rico was Russia’s 91st largest trading partner in the 3rd quarter of 2020 (down from 80th in the 3rd quarter of 2019), accounting for 0.0484% of Russia’s total trade (down from 0.0706% in the 3rd quarter of 2019).

Puerto Rico was Russia’s 84th largest export market in the 3rd quarter of 2020 (up from 92nd in the 3rd quarter of 2019), accounting for 0.0539% of Russia’s total exports (up from 0.0425% in the 3rd quarter of 2019).

Puerto Rico was Russia’s 82nd largest supplier in the 3rd quarter of 2020 (down from 61st in the 3rd quarter of 2019), accounting for 0.0409% of Russia’s total imports (down from 0.1170% in the 3rd quarter of 2019).

Russia’s Exports to Puerto Rico

The major share of Russian exports to Puerto Rico in the 3rd quarter of 2020 (and in the 3rd quarter of 2019) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 98.46% of Russia’s total exports to Puerto Rico (95.20% in the 3rd quarter of 2019);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.76% of Russia’s total exports to Puerto Rico (2.75% in the 3rd quarter of 2019);
  • Metals and products from them (HS codes 72-83) - 0.49% of Russia’s total exports to Puerto Rico (1.91% in the 3rd quarter of 2019).

The largest gains in Russia’s exports to Puerto Rico in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:

  • Iron and steel (HS code 72) - an increase of $201,081.

The largest declines in Russia’s exports to Puerto Rico in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $885,703;
  • Aluminum and articles thereof (HS code 76) - a decrease of $839,980.
Russia’s exports to Puerto Rico in the 3rd quarter of 2020 by product groups
HS
code
Name of product group Value of exports
in Q3 2020,
US dollars ($)
Percent share in total export Value of exports
in Q3 2019,
US dollars ($)
Percent change
in Q3 2020
over Q3 2019
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 41,739,667 98.46 41,826,072-0.21
31 Fertilizers 90,389 0.21 0
38 Miscellaneous chemical products 0 0.00 40,574-100.00
39 Plastics and articles thereof 12,403 0.03 0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 49 0.00 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 12,757 0.03 9,87429.20
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 7 0.00 0
60 Knitted or crocheted fabrics 1 0.00 0
61 Articles of apparel and clothing accessories, knitted or crocheted 573 0.00 0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1 0.00 0
64 Footwear, gaiters and the like; parts of such articles 921 0.00 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 9,123 0.02 9,176-0.58
72 Iron and steel 201,081 0.47 0
73 Articles of iron or steel 2,480 0.01 0
76 Aluminum and articles thereof 0 0.00 839,980-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 3,242 0.01 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 320,499 0.76 1,206,202-73.43
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 2,160-100.00
92 Musical instruments; parts and accessories of such articles 834 0.00 0

Russia’s Imports from Puerto Rico

The major share of Russian imports from Puerto Rico 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) - 99.49% of Russia’s total imports from Puerto Rico (99.58% in the 3rd quarter of 2019).

The largest gains in Russia’s imports from Puerto Rico in the 3rd quarter of 2020 over the 3rd 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 Puerto Rico 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 $47,818,070;
  • Organic chemicals (HS code 29) - a decrease of $1,405,817;
  • Plastics and articles thereof (HS code 39) - a decrease of $98,830.
Russia’s imports from Puerto Rico in the 3rd quarter of 2020 by product groups
HS
code
Name of product group Value of imports in Q3 2020,
US dollars ($)
Percent share in total import Value of imports in Q3 2019,
US dollars ($)
Percent change
in Q3 2020
over Q3 2019
08 Edible fruit and nuts; peel of citrus fruit or melons 0 0.00 44,241-100.00
22 Beverages, spirits and vinegar 22,078 0.09 33,742-34.57
29 Organic chemicals 0 0.00 1,405,817-100.00
30 Pharmaceutical products 23,416,709 98.92 71,234,779-67.13
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 116,704 0.49 90,89228.40
38 Miscellaneous chemical products 1,001 0.00 2,680-62.65
39 Plastics and articles thereof 15,549 0.07 114,379-86.41
40 Rubber and articles thereof 252 0.00 125101.60
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 437 0.00 1,024-57.32
62 Articles of apparel and clothing accessories, not knitted or crocheted 0 0.00 853-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,856 0.01 43,665-93.46
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 25,092 0.11 61,370-59.11
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,811 0.01 0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 69,632 0.29 123,475-43.61
Russian foreign trade statistics
Source: Federal Customs Service of Russia