Russian trade with Nicaragua in 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 Nicaragua in 2020: exports, imports, products, dynamics.
Russia’s Trade with Nicaragua
In 2020, Russia’s trade with Nicaragua was $56,360,846, down 17.00% ($11,546,824) from 2019.
Russia’s exports to Nicaragua in 2020 were $43,744,428, down 15.85% ($8,240,147) from 2019.
Russia’s imports from Nicaragua in 2020 were $12,616,418, down 20.77% ($3,306,677) from 2019.
Russia’s trade surplus with Nicaragua in 2020 was $31,128,010, a 13.68% decrease ($4,933,470) over 2019.
Nicaragua was Russia’s 134th largest trading partner in 2020 (down from 128th in 2019), accounting for 0.0099% of Russia’s total trade (down from 0.0102% in 2019).
Nicaragua was Russia’s 122nd largest export market in 2020 (down from 116th in 2019), accounting for 0.0130% of Russia’s total exports (up from 0.0123% in 2019).
Nicaragua was Russia’s 117th largest supplier in 2020 (down from 113th in 2019), accounting for 0.0055% of Russia’s total imports (down from 0.0065% in 2019).
Russia’s Exports to Nicaragua
The major share of Russian exports to Nicaragua in 2020 (and in 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 52.49% of Russia’s total exports to Nicaragua (41.89% in 2019);
- Chemical products (HS codes 28-40) - 43.94% of Russia’s total exports to Nicaragua (41.05% in 2019);
- Mineral products (HS codes 25-27) - 2.09% of Russia’s total exports to Nicaragua (2.22% in 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 1.14% of Russia’s total exports to Nicaragua (3.66% in 2019).
The largest gains in Russia’s exports to Nicaragua in 2020 over 2019 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $2,761,797;
- Cereals (HS code 10) - an increase of $942,897;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $335,288;
- 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.
The largest declines in Russia’s exports to Nicaragua in 2020 over 2019 were recorded for the following product groups:
- Fertilizers (HS code 31) - a decrease of $2,660,797;
- Rubber and articles thereof (HS code 40) - a decrease of $2,285,475;
- 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 $1,268,499;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $465,600;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $237,015.
| HS code |
Name of product group | Value of exports in 2020, US dollars ($) |
Percent share in total export | Value of exports in 2019, US dollars ($) |
Percent change in 2020 over 2019 |
|---|---|---|---|---|---|
| 10 | Cereals | 22,720,360 | 51.94 | 21,777,463 | 4.33 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 243,191 | 0.56 | 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 | 915,265 | 2.09 | 1,152,280 | -20.57 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 25,790 | 0.06 | 1,252 | 1,959.90 |
| 29 | Organic chemicals | 3 | 0.00 | 11 | -72.73 |
| 30 | Pharmaceutical products | 7,790,204 | 17.81 | 5,028,407 | 54.92 |
| 31 | Fertilizers | 11,361,377 | 25.97 | 14,022,174 | -18.98 |
| 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 | 13 | 0.00 | 5 | 160.00 |
| 38 | Miscellaneous chemical products | 329 | 0.00 | 0 | ∞ |
| 39 | Plastics and articles thereof | 43,314 | 0.10 | 2,368 | 1,729.14 |
| 40 | Rubber and articles thereof | 787 | 0.00 | 2,286,262 | -99.97 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 33,041 | 0.08 | 22 | 150,086.36 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 5,440 | 0.01 | 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 | 10,819 | 0.02 | 2,254 | 379.99 |
| 70 | Glass and glassware | 1,207 | 0.00 | 22,153 | -94.55 |
| 72 | Iron and steel | 91,133 | 0.21 | 0 | ∞ |
| 73 | Articles of iron or steel | 516 | 0.00 | 917 | -43.73 |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 1,064 | -100.00 |
| 83 | Miscellaneous articles of base metal | 0 | 0.00 | 23,156 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 101,162 | 0.23 | 566,762 | -82.15 |
| 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 | 21,536 | 0.05 | 1,290,035 | -98.33 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 377,957 | 0.86 | 42,669 | 785.79 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 21 | 0.00 | 758 | -97.23 |
| 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 | 0 | 0.00 | 10,553 | -100.00 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 0 | 0.00 | 4,000 | -100.00 |
| 96 | Miscellaneous manufactured articles | 954 | 0.00 | 0 | ∞ |
| SS | Classified | 0 | 0.00 | 5 750 000 | -100.00 |
Russia’s Imports from Nicaragua
The major share of Russian imports from Nicaragua in 2020 (and in 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 88.25% of Russia’s total imports from Nicaragua (96.02% in 2019);
- Metals and products from them (HS codes 72-83) - 6.37% of Russia’s total imports from Nicaragua (0.02% in 2019);
- Textiles, textile products and footwear (HS codes 50-67) - 4.77% of Russia’s total imports from Nicaragua (2.81% in 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.57% of Russia’s total imports from Nicaragua (1.12% in 2019).
The largest gains in Russia’s imports from Nicaragua in 2020 over 2019 were recorded for the following product groups:
- Copper and articles thereof (HS code 74) - an increase of $802,179;
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $717,195;
- Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $267,760;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $95,934;
- Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $52,596.
The largest declines in Russia’s imports from Nicaragua in 2020 over 2019 were recorded for the following product groups:
- Coffee, tea, maté and spices (HS code 09) - a decrease of $3,078,191;
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $1,873,514;
- Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $97,156;
- Beverages, spirits and vinegar (HS code 22) - a decrease of $77,795;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $74,629.
| HS code |
Name of product group | Value of imports in 2020, US dollars ($) |
Percent share in total import | Value of imports in 2019, US dollars ($) |
Percent change in 2020 over 2019 |
|---|---|---|---|---|---|
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 4,525,034 | 35.87 | 3,807,839 | 18.83 |
| 06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 0 | 0.00 | 19,065 | -100.00 |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 52,596 | 0.42 | 0 | ∞ |
| 09 | Coffee, tea, maté and spices | 4,570,591 | 36.23 | 7,648,782 | -40.24 |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 1,506,538 | 11.94 | 3,380,052 | -55.43 |
| 17 | Sugars and sugar confectionery | 0 | 0.00 | 25 | -100.00 |
| 18 | Cocoa and cocoa preparations | 36,395 | 0.29 | 9,246 | 293.63 |
| 22 | Beverages, spirits and vinegar | 71,207 | 0.56 | 149,002 | -52.21 |
| 24 | Tobacco and manufactured tobacco substitutes | 371,950 | 2.95 | 276,016 | 34.76 |
| 39 | Plastics and articles thereof | 3,552 | 0.03 | 654 | 443.12 |
| 40 | Rubber and articles thereof | 0 | 0.00 | 22 | -100.00 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 0 | 0.00 | 1,297 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 748 | 0.01 | 2,297 | -67.44 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 169,193 | 1.34 | 266,349 | -36.48 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 25,845 | 0.20 | 41,913 | -38.34 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 406,667 | 3.22 | 138,907 | 192.76 |
| 69 | Ceramic products | 0 | 0.00 | 3 | -100.00 |
| 74 | Copper and articles thereof | 802,179 | 6.36 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 1,385 | 0.01 | 2,761 | -49.84 |
| 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 | 26,806 | 0.21 | 53,157 | -49.57 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 1,243 | 0.01 | 6,067 | -79.51 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 44,489 | 0.35 | 119,118 | -62.65 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 0 | 0.00 | 523 | -100.00 |