Russian trade in goods with Montenegro in Q4 2020
February 14, 2021
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 fourth quarter of 2020: exports, imports, products, dynamics.
Russia’s Trade with Montenegro
In the 4th quarter of 2020, Russia’s trade with Montenegro was $11,463,804, down 25.81% ($3,987,652) from the 4th quarter of 2019.
Russia’s exports to Montenegro in the 4th quarter of 2020 were $1,564,733, down 78.02% ($5,553,653) from the 4th quarter of 2019.
Russia’s imports from Montenegro in the 4th quarter of 2020 totaled $9,899,071, up 18.79% ($1,566,001) from the 4th quarter of 2019.
Russia’s trade deficit with Montenegro in the 4th quarter of 2020 was $8,334,338, a 586.13% increase ($7,119,654) over the 4th quarter of 2019.
Montenegro was Russia’s 133rd largest trading partner in the 4th quarter of 2020 (down from 124th in the 4th quarter of 2019), accounting for 0.0071% of Russia’s total trade (down from 0.0086% in the 4th quarter of 2019).
Montenegro was Russia’s 151st largest export market in the 4th quarter of 2020 (down from 121st in the 4th quarter of 2019), accounting for 0.0017% of Russia’s total exports (down from 0.0064% in the 4th quarter of 2019).
Montenegro was Russia’s 101st largest supplier in the 4th quarter of 2020 (up from 102nd in the 4th quarter of 2019), accounting for 0.0146% of Russia’s total imports (up from 0.0122% in the 4th quarter of 2019).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 4th quarter of 2020 (and in the 4th quarter of 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 54.33% of Russia’s total exports to Montenegro (10.55% in the 4th quarter of 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 21.20% of Russia’s total exports to Montenegro (2.02% in the 4th quarter of 2019);
- Chemical products (HS codes 28-40) - 14.66% of Russia’s total exports to Montenegro (0.20% in the 4th quarter of 2019);
- Metals and products from them (HS codes 72-83) - 0.06% of Russia’s total exports to Montenegro (66.80% in the 4th quarter of 2019);
- Mineral products (HS codes 25-27) - 0.00% of Russia’s total exports to Montenegro (19.53% in the 4th quarter of 2019).
The largest gains in Russia’s exports to Montenegro in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $199,229;
- Miscellaneous chemical products (HS code 38) - an increase of $193,067;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $114,513;
- Ceramic products (HS code 69) - an increase of $83,640;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $57,245;
- Plastics and articles thereof (HS code 39) - an increase of $25,542;
- Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $22,459;
- Wood and articles of wood; wood charcoal (HS code 44) - an increase of $6,943.
The largest declines in Russia’s exports to Montenegro in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - a decrease of $4,716,243;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $1,389,979;
- 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 $68,595;
- Miscellaneous articles of base metal (HS code 83) - a decrease of $26,626;
- Beverages, spirits and vinegar (HS code 22) - a decrease of $25,487;
- Articles of iron or steel (HS code 73) - a decrease of $11,627;
- 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 $10,154;
- Cocoa and cocoa preparations (HS code 18) - a decrease of $9,830;
- Pharmaceutical products (HS code 30) - a decrease of $5,066.
| HS code |
Name of product group | Value of exports in Q4 2020, US dollars ($) |
Percent share in total export | Value of exports in Q4 2019, US dollars ($) |
Percent change in Q4 2020 over Q4 2019 |
|---|---|---|---|---|---|
| 09 | Coffee, tea, maté and spices | 2,603 | 0.17 | 2,991 | -12.97 |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 3,672 | 0.23 | 2,821 | 30.17 |
| 17 | Sugars and sugar confectionery | 0 | 0.00 | 790 | -100.00 |
| 18 | Cocoa and cocoa preparations | 0 | 0.00 | 9,830 | -100.00 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 0 | 0.00 | 2,469 | -100.00 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 50,781 | 3.25 | 28,322 | 79.30 |
| 21 | Miscellaneous edible preparations | 15,431 | 0.99 | 14,932 | 3.34 |
| 22 | Beverages, spirits and vinegar | 0 | 0.00 | 25,487 | -100.00 |
| 24 | Tobacco and manufactured tobacco substitutes | 777,614 | 49.70 | 663,101 | 17.27 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 0 | 0.00 | 1,389,979 | -100.00 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 9 | 0.00 | 0 | ∞ |
| 30 | Pharmaceutical products | 0 | 0.00 | 5,066 | -100.00 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 9,949 | 0.64 | 9,315 | 6.81 |
| 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 | 539 | 0.03 | 0 | ∞ |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 173 | 0.01 | 0 | ∞ |
| 38 | Miscellaneous chemical products | 193,067 | 12.34 | 0 | ∞ |
| 39 | Plastics and articles thereof | 25,626 | 1.64 | 84 | 30,407.14 |
| 40 | Rubber and articles thereof | 16 | 0.00 | 0 | ∞ |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 59 | 0.00 | 0 | ∞ |
| 44 | Wood and articles of wood; wood charcoal | 11,493 | 0.73 | 4,550 | 152.59 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 20 | 0.00 | 0 | ∞ |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 936 | 0.06 | 1,263 | -25.89 |
| 52 | Cotton | 937 | 0.06 | 0 | ∞ |
| 54 | Man-made filaments | 10 | 0.00 | 0 | ∞ |
| 55 | Man-made staple fibers | 49 | 0.00 | 0 | ∞ |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 3 | 0.00 | 0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 6 | 0.00 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 974 | 0.06 | 0 | ∞ |
| 67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 240 | 0.02 | 0 | ∞ |
| 69 | Ceramic products | 104,154 | 6.66 | 20,514 | 407.72 |
| 70 | Glass and glassware | 2,098 | 0.13 | 0 | ∞ |
| 73 | Articles of iron or steel | 248 | 0.02 | 11,875 | -97.91 |
| 74 | Copper and articles thereof | 344 | 0.02 | 0 | ∞ |
| 76 | Aluminum and articles thereof | 105 | 0.01 | 4,716,348 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 224 | 0.01 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 26,626 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 256,422 | 16.39 | 57,193 | 348.35 |
| 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 | 8,380 | 0.54 | 76,975 | -89.11 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 66,855 | 4.27 | 9,610 | 595.68 |
| 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 | 28,091 | 1.80 | 38,245 | -26.55 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 2,813 | 0.18 | 0 | ∞ |
| 96 | Miscellaneous manufactured articles | 266 | 0.02 | 0 | ∞ |
| 97 | Works of art, collectors’ pieces and antiques | 526 | 0.03 | 0 | ∞ |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 4th quarter of 2020 (and in the 4th quarter of 2019) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 93.21% of Russia’s total imports from Montenegro (94.07% in the 4th quarter of 2019);
- Food products and agricultural raw materials (HS codes 01-24) - 1.27% of Russia’s total imports from Montenegro (0.15% in the 4th quarter of 2019).
The largest gains in Russia’s imports from Montenegro in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $1,411,136;
- Cocoa and cocoa preparations (HS code 18) - an increase of $111,513;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $103,202.
The largest declines in Russia’s imports from Montenegro in the 4th quarter of 2020 over the 4th 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) - a decrease of $46,321.
| HS code |
Name of product group | Value of imports in Q4 2020, US dollars ($) |
Percent share in total import | Value of imports in Q4 2019, US dollars ($) |
Percent change in Q4 2020 over Q4 2019 |
|---|---|---|---|---|---|
| 18 | Cocoa and cocoa preparations | 111,513 | 1.13 | 0 | ∞ |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 0 | 0.00 | 235 | -100.00 |
| 22 | Beverages, spirits and vinegar | 13,741 | 0.14 | 12,356 | 11.21 |
| 30 | Pharmaceutical products | 9,224,954 | 93.19 | 7,813,818 | 18.06 |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 0 | 0.00 | 24,472 | -100.00 |
| 39 | Plastics and articles thereof | 0 | 0.00 | 18 | -100.00 |
| 40 | Rubber and articles thereof | 1,567 | 0.02 | 237 | 561.18 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 8,331 | 0.08 | 9,789 | -14.89 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 515,364 | 5.21 | 412,162 | 25.04 |
| 72 | Iron and steel | 6,871 | 0.07 | 0 | ∞ |
| 73 | Articles of iron or steel | 7,049 | 0.07 | 375 | 1,779.73 |
| 76 | Aluminum and articles thereof | 101 | 0.00 | 0 | ∞ |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 189 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 5,467 | 0.06 | 4,697 | 16.39 |
| 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 | 2,317 | 0.02 | 48,638 | -95.24 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 5 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 1,796 | 0.02 | 78 | 2,202.56 |
| 96 | Miscellaneous manufactured articles | 0 | 0.00 | 1 | -100.00 |
| SS | Classified | 0 | 0.00 | 6 000 | -100.00 |