Russian trade in goods with Montenegro in Q1 2021
May 17, 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 first quarter of 2021: exports, imports, products, dynamics.
Russia’s Trade with Montenegro
In the 1st quarter of 2021, Russia’s trade with Montenegro was $6,484,777, down 41.91% ($4,678,586) from the 1st quarter of 2020.
Russia’s exports to Montenegro in the 1st quarter of 2021 were $937,173, down 90.16% ($8,585,127) from the 1st quarter of 2020.
Russia’s imports from Montenegro in the 1st quarter of 2021 totaled $5,547,604, up 238.05% ($3,906,541) from the 1st quarter of 2020.
Russia’s trade balance with Montenegro went from a surplus of $7,881,237 in the 1st quarter of 2020, to a deficit of $4,610,431 in the 1st quarter of 2021.
Montenegro was Russia’s 141st largest trading partner in the 1st quarter of 2021 (down from 127th in the 1st quarter of 2020), accounting for 0.0042% of Russia’s total trade (down from 0.0079% in the 1st quarter of 2020).
Montenegro was Russia’s 157th largest export market in the 1st quarter of 2021 (down from 114th in the 1st quarter of 2020), accounting for 0.0010% of Russia’s total exports (down from 0.0107% in the 1st quarter of 2020).
Montenegro was Russia’s 106th largest supplier in the 1st quarter of 2021 (up from 121st in the 1st quarter of 2020), accounting for 0.0089% of Russia’s total imports (up from 0.0031% in the 1st quarter of 2020).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 1st quarter of 2021 (and in the 1st quarter of 2020) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 63.16% of Russia’s total exports to Montenegro (4.47% in the 1st quarter of 2020);
- Machinery, equipment and vehicles (HS codes 84-90) - 14.14% of Russia’s total exports to Montenegro (4.79% in the 1st quarter of 2020);
- Chemical products (HS codes 28-40) - 13.96% of Russia’s total exports to Montenegro (0.18% in the 1st quarter of 2020);
- Metals and products from them (HS codes 72-83) - 2.64% of Russia’s total exports to Montenegro (85.89% in the 1st quarter of 2020);
- Mineral products (HS codes 25-27) - 0.00% of Russia’s total exports to Montenegro (2.19% in the 1st quarter of 2020).
The largest gains in Russia’s exports to Montenegro in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $198,869;
- Pharmaceutical products (HS code 30) - an increase of $111,707;
- Miscellaneous edible preparations (HS code 21) - an increase of $20,247;
- 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 (HS code 34) - an increase of $9,386;
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $7,410;
- Articles of iron or steel (HS code 73) - an increase of $5,501;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $4,857.
The largest declines in Russia’s exports to Montenegro in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:
- Aluminum and articles thereof (HS code 76) - a decrease of $8,155,816;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $208,785;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $193,950;
- 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 $115,536;
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $86,974;
- 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 $50,362;
- Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $30,028;
- Ceramic products (HS code 69) - a decrease of $27,620;
- Beverages, spirits and vinegar (HS code 22) - a decrease of $18,789;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $14,367;
- Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - a decrease of $10,176;
- Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $8,856;
- Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $7,645;
- Plastics and articles thereof (HS code 39) - a decrease of $5,860;
- Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $3,755;
- Cocoa and cocoa preparations (HS code 18) - a decrease of $3,510.
| HS code |
Name of product group | Value of exports in Q1 2021, US dollars ($) |
Percent share in total export | Value of exports in Q1 2020, US dollars ($) |
Percent change in Q1 2021 over Q1 2020 |
|---|---|---|---|---|---|
| 09 | Coffee, tea, maté and spices | 2,262 | 0.24 | 2,922 | -22.59 |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 1,547 | 0.17 | 468 | 230.56 |
| 17 | Sugars and sugar confectionery | 0 | 0.00 | 516 | -100.00 |
| 18 | Cocoa and cocoa preparations | 0 | 0.00 | 3,510 | -100.00 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 0 | 0.00 | 550 | -100.00 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 5,716 | 0.61 | 35,744 | -84.01 |
| 21 | Miscellaneous edible preparations | 21,186 | 2.26 | 939 | 2,156.23 |
| 22 | Beverages, spirits and vinegar | 2,423 | 0.26 | 21,212 | -88.58 |
| 24 | Tobacco and manufactured tobacco substitutes | 558,745 | 59.62 | 359,876 | 55.26 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 0 | 0.00 | 208,785 | -100.00 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 161 | 0.02 | 0 | ∞ |
| 29 | Organic chemicals | 269 | 0.03 | 0 | ∞ |
| 30 | Pharmaceutical products | 111,707 | 11.92 | 0 | ∞ |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 40 | 0.00 | 0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 7,410 | 0.79 | 0 | ∞ |
| 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 | 9,386 | 1.00 | 0 | ∞ |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 0 | 0.00 | 10,176 | -100.00 |
| 38 | Miscellaneous chemical products | 1,080 | 0.12 | 0 | ∞ |
| 39 | Plastics and articles thereof | 768 | 0.08 | 6,628 | -88.41 |
| 40 | Rubber and articles thereof | 31 | 0.00 | 0 | ∞ |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 16 | 0.00 | 136 | -88.24 |
| 44 | Wood and articles of wood; wood charcoal | 12 | 0.00 | 86,986 | -99.99 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 43 | 0.00 | 1,151 | -96.26 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 661 | -100.00 |
| 57 | Carpets and other textile floor coverings | 0 | 0.00 | 67 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 0 | 0.00 | 83 | -100.00 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 0 | 0.00 | 7,645 | -100.00 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 701 | 0.07 | 1,125 | -37.69 |
| 67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 248 | 0.03 | 0 | ∞ |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 4,857 | 0.52 | 0 | ∞ |
| 69 | Ceramic products | 17,745 | 1.89 | 45,365 | -60.88 |
| 70 | Glass and glassware | 0 | 0.00 | 94 | -100.00 |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 0 | 0.00 | 240 | -100.00 |
| 73 | Articles of iron or steel | 5,753 | 0.61 | 252 | 2,182.94 |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 8,155,816 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 18,938 | 2.02 | 22,693 | -16.55 |
| 83 | Miscellaneous articles of base metal | 81 | 0.01 | 380 | -78.68 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 102,047 | 10.89 | 295,997 | -65.52 |
| 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 | 21,383 | 2.28 | 136,919 | -84.38 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 9,107 | 0.97 | 23,474 | -61.20 |
| 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 | 23,145 | 2.47 | 73,507 | -68.51 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 9,527 | 1.02 | 18,383 | -48.17 |
| 96 | Miscellaneous manufactured articles | 839 | 0.09 | 0 | ∞ |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 1st quarter of 2021 (and in the 1st quarter of 2020) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 91.72% of Russia’s total imports from Montenegro (82.75% in the 1st quarter of 2020).
The largest gains in Russia’s imports from Montenegro in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $3,730,670;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $111,605;
- Cocoa and cocoa preparations (HS code 18) - an increase of $44,852.
The largest declines in Russia’s imports from Montenegro in the 1st quarter of 2021 over the 1st quarter of 2020 were recorded for the following product groups:
- No product groups with a substantial decrease.
| HS code |
Name of product group | Value of imports in Q1 2021, US dollars ($) |
Percent share in total import | Value of imports in Q1 2020, US dollars ($) |
Percent change in Q1 2021 over Q1 2020 |
|---|---|---|---|---|---|
| 18 | Cocoa and cocoa preparations | 51,117 | 0.92 | 6,265 | 715.91 |
| 30 | Pharmaceutical products | 5,087,944 | 91.71 | 1,357,274 | 274.86 |
| 40 | Rubber and articles thereof | 128 | 0.00 | 632 | -79.75 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 17,048 | 0.31 | 9,849 | 73.09 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 363,570 | 6.55 | 251,965 | 44.29 |
| 72 | Iron and steel | 1,977 | 0.04 | 0 | ∞ |
| 73 | Articles of iron or steel | 72 | 0.00 | 85 | -15.29 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 23,112 | 0.42 | 8,637 | 167.59 |
| 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 | 2,636 | 0.05 | 6,324 | -58.32 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 32 | -100.00 |