Russian trade with Trinidad and Tobago in 2020
based on data from the Federal Customs Service of Russia
Russia’s Trade with Trinidad and Tobago
In 2020, Russia’s trade with Trinidad and Tobago was $20,324,833, down 53.37% ($23,258,544) from 2019.
Russia’s exports to Trinidad and Tobago in 2020 were $19,678,139, down 54.12% ($23,207,837) from 2019.
Russia’s imports from Trinidad and Tobago in 2020 were $646,694, down 7.27% ($50,707) from 2019.
Russia’s trade surplus with Trinidad and Tobago in 2020 was $19,031,445, a 54.89% decrease ($23,157,130) over 2019.
Trinidad and Tobago was Russia’s 151st largest trading partner in 2020 (down from 139th in 2019), accounting for 0.0036% of Russia’s total trade (down from 0.0065% in 2019).
Trinidad and Tobago was Russia’s 138th largest export market in 2020 (down from 121st in 2019), accounting for 0.0058% of Russia’s total exports (down from 0.0101% in 2019).
Trinidad and Tobago was Russia’s 151st largest supplier in 2020 (up from 156th in 2019), accounting for 0.0003% of Russia’s total imports (just as in 2019).
Russia’s Exports to Trinidad and Tobago
The major share of Russian exports to Trinidad and Tobago in 2020 (and in 2019) was accounted for the following product types:
- Mineral products (HS codes 25-27) - 91.53% of Russia’s total exports to Trinidad and Tobago (96.05% in 2019);
- Wood and wood products (HS codes 44-49) - 5.13% of Russia’s total exports to Trinidad and Tobago (1.14% in 2019);
- Metals and products from them (HS codes 72-83) - 1.09% of Russia’s total exports to Trinidad and Tobago (0.23% in 2019);
- Food products and agricultural raw materials (HS codes 01-24) - 1.08% of Russia’s total exports to Trinidad and Tobago (0.37% in 2019);
- Machinery, equipment and vehicles (HS codes 84-90) - 0.90% of Russia’s total exports to Trinidad and Tobago (2.02% in 2019).
The largest gains in Russia’s exports to Trinidad and Tobago in 2020 over 2019 were recorded for the following product groups:
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $323,349;
- Wood and articles of wood; wood charcoal (HS code 44) - an increase of $195,648;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $148,290;
- Coffee, tea, maté and spices (HS code 09) - an increase of $119,294;
- Articles of iron or steel (HS code 73) - an increase of $113,155.
The largest declines in Russia’s exports to Trinidad and Tobago in 2020 over 2019 were recorded for the following product groups:
- Ores, slag and ash (HS code 26) - a decrease of $23,327,291;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $541,739;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $125,896;
- Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $66,283.
| HS code |
Name of product group | Value of exports in 2020, US dollars ($) |
Percent share in total export | Value of exports in 2019, US dollars ($) |
Percent change in 2020 over 2019 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 92,428 | 0.47 | 158,711 | -41.76 |
| 09 | Coffee, tea, maté and spices | 119,294 | 0.61 | 0 | ∞ |
| 26 | Ores, slag and ash | 17,863,219 | 90.78 | 41,190,510 | -56.63 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 148,290 | 0.75 | 0 | ∞ |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 36,982 | 0.19 | 20,652 | 79.07 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 729 | 0.00 | 0 | ∞ |
| 39 | Plastics and articles thereof | 1,191 | 0.01 | 2,656 | -55.16 |
| 40 | Rubber and articles thereof | 0 | 0.00 | 354 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 240,662 | 1.22 | 45,014 | 434.64 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 768,132 | 3.90 | 444,783 | 72.70 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 113 | -100.00 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 0 | 0.00 | 414 | -100.00 |
| 69 | Ceramic products | 17,362 | 0.09 | 55,474 | -68.70 |
| 73 | Articles of iron or steel | 207,486 | 1.05 | 94,331 | 119.96 |
| 74 | Copper and articles thereof | 0 | 0.00 | 2,341 | -100.00 |
| 75 | Nickel and articles thereof | 5,666 | 0.03 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 436 | 0.00 | 2,813 | -84.50 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 76,540 | 0.39 | 618,279 | -87.62 |
| 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 | 34,322 | 0.17 | 57,444 | -40.25 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 0 | 0.00 | 791 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 65,400 | 0.33 | 191,296 | -65.81 |
Russia’s Imports from Trinidad and Tobago
The major share of Russian imports from Trinidad and Tobago in 2020 (and in 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 97.71% of Russia’s total imports from Trinidad and Tobago (99.72% in 2019);
- Metals and products from them (HS codes 72-83) - 1.27% of Russia’s total imports from Trinidad and Tobago (0.16% in 2019).
The largest gains in Russia’s imports from Trinidad and Tobago in 2020 over 2019 were recorded for the following product groups:
- Articles of iron or steel (HS code 73) - an increase of $7,123;
- Organic chemicals (HS code 29) - an increase of $5,748.
The largest declines in Russia’s imports from Trinidad and Tobago in 2020 over 2019 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - a decrease of $63,532.
| HS code |
Name of product group | Value of imports in 2020, US dollars ($) |
Percent share in total import | Value of imports in 2019, US dollars ($) |
Percent change in 2020 over 2019 |
|---|---|---|---|---|---|
| 22 | Beverages, spirits and vinegar | 631,917 | 97.71 | 695,449 | -9.14 |
| 29 | Organic chemicals | 5,748 | 0.89 | 0 | ∞ |
| 73 | Articles of iron or steel | 8,224 | 1.27 | 1,101 | 646.96 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 0 | 0.00 | 186 | -100.00 |
| 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 | 805 | 0.12 | 665 | 21.05 |