Russian trade in goods with Nicaragua in Q4 2020
based on data from the Federal Customs Service of Russia
Russia’s Trade with Nicaragua
In the 4th quarter of 2020, Russia’s trade with Nicaragua totaled $17,604,095, up 8.78% ($1,420,762) from the 4th quarter of 2019.
Russia’s exports to Nicaragua in the 4th quarter of 2020 totaled $16,141,221, up 42.04% ($4,777,153) from the 4th quarter of 2019.
Russia’s imports from Nicaragua in the 4th quarter of 2020 were $1,462,874, down 69.65% ($3,356,391) from the 4th quarter of 2019.
Russia’s trade surplus with Nicaragua in the 4th quarter of 2020 was $14,678,347, a 124.27% increase ($8,133,544) over the 4th quarter of 2019.
Nicaragua was Russia’s 128th largest trading partner in the 4th quarter of 2020 (down from 123rd in the 4th quarter of 2019), accounting for 0.0109% of Russia’s total trade (up from 0.0090% in the 4th quarter of 2019).
Nicaragua was Russia’s 114th largest export market in the 4th quarter of 2020 (just as in the 4th quarter of 2019), accounting for 0.0171% of Russia’s total exports (up from 0.0102% in the 4th quarter of 2019).
Nicaragua was Russia’s 123rd largest supplier in the 4th quarter of 2020 (down from 112th in the 4th quarter of 2019), accounting for 0.0022% of Russia’s total imports (down from 0.0071% in the 4th quarter of 2019).
Russia’s Exports to Nicaragua
The major share of Russian exports to Nicaragua 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) - 49.35% of Russia’s total exports to Nicaragua (0.00% in the 4th quarter of 2019);
- Chemical products (HS codes 28-40) - 48.88% of Russia’s total exports to Nicaragua (47.88% in the 4th quarter of 2019);
- Mineral products (HS codes 25-27) - 1.01% of Russia’s total exports to Nicaragua (1.06% in the 4th quarter of 2019).
The largest gains in Russia’s exports to Nicaragua in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Cereals (HS code 10) - an increase of $7,722,000;
- Pharmaceutical products (HS code 30) - an increase of $1,416,609;
- Fertilizers (HS code 31) - an increase of $1,309,636;
- Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $243,191;
- Iron and steel (HS code 72) - an increase of $74,184.
The largest declines in Russia’s exports to Nicaragua in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Rubber and articles thereof (HS code 40) - a decrease of $279,440.
| HS code |
Name of product group | Value of exports in Q4 2020, US dollars ($) |
Percent share in total export | Value of exports in Q4 2019, US dollars ($) |
Percent change in Q4 2020 over Q4 2019 |
|---|---|---|---|---|---|
| 10 | Cereals | 7,722,000 | 47.84 | 0 | ∞ |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 243,191 | 1.51 | 0 | ∞ |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 0 | 0.00 | 10 | -100.00 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 162,821 | 1.01 | 121,005 | 34.56 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 0 | 0.00 | 1,252 | -100.00 |
| 29 | Organic chemicals | 0 | 0.00 | 11 | -100.00 |
| 30 | Pharmaceutical products | 4,410,402 | 27.32 | 2,993,793 | 47.32 |
| 31 | Fertilizers | 3,475,487 | 21.53 | 2,165,851 | 60.47 |
| 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 | 0 | 0.00 | 5 | -100.00 |
| 39 | Plastics and articles thereof | 2,457 | 0.02 | 0 | ∞ |
| 40 | Rubber and articles thereof | 756 | 0.00 | 280,196 | -99.73 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 5,440 | 0.03 | 0 | ∞ |
| 59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 9 | 0.00 | 0 | ∞ |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 2,254 | 0.01 | 0 | ∞ |
| 70 | Glass and glassware | 50 | 0.00 | 16,490 | -99.70 |
| 72 | Iron and steel | 74,184 | 0.46 | 0 | ∞ |
| 73 | Articles of iron or steel | 141 | 0.00 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 8,193 | 0.05 | 7,721 | 6.11 |
| 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 | 6,210 | 0.04 | 4,475 | 38.77 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 27,626 | 0.17 | 23,259 | 18.78 |
| SS | Classified | 0 | 0.00 | 5 750 000 | -100.00 |
Russia’s Imports from Nicaragua
The major share of Russian imports from Nicaragua 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) - 80.95% of Russia’s total imports from Nicaragua (96.73% in the 4th quarter of 2019);
- Textiles, textile products and footwear (HS codes 50-67) - 18.61% of Russia’s total imports from Nicaragua (2.14% in the 4th quarter of 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.44% of Russia’s total imports from Nicaragua (1.13% in the 4th quarter of 2019).
The largest gains in Russia’s imports from Nicaragua in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $131,971;
- Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $52,596;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $45,941;
- Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $36,632.
The largest declines in Russia’s imports from Nicaragua in the 4th quarter of 2020 over the 4th quarter of 2019 were recorded for the following product groups:
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $2,117,680;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $794,112;
- Coffee, tea, maté and spices (HS code 09) - a decrease of $572,424;
- Beverages, spirits and vinegar (HS code 22) - a decrease of $72,837;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $37,921;
- Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage (HS code 06) - a decrease of $18,796;
- 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 $9,039.
| HS code |
Name of product group | Value of imports in Q4 2020, US dollars ($) |
Percent share in total import | Value of imports in Q4 2019, US dollars ($) |
Percent change in Q4 2020 over Q4 2019 |
|---|---|---|---|---|---|
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 0 | 0.00 | 2,117,680 | -100.00 |
| 06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 0 | 0.00 | 18,796 | -100.00 |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 52,596 | 3.60 | 0 | ∞ |
| 09 | Coffee, tea, maté and spices | 928,367 | 63.46 | 1,500,791 | -38.14 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 0 | 0.00 | 794,112 | -100.00 |
| 22 | Beverages, spirits and vinegar | 19,243 | 1.32 | 92,080 | -79.10 |
| 24 | Tobacco and manufactured tobacco substitutes | 183,977 | 12.58 | 138,036 | 33.28 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 75,390 | 5.15 | 38,758 | 94.51 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 1,401 | 0.10 | 962 | 45.63 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 195,457 | 13.36 | 63,486 | 207.87 |
| 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 | 6,443 | 0.44 | 15,482 | -58.38 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 1,161 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 37,921 | -100.00 |