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Russian trade in goods with Jamaica in Q3 2021

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Jamaica in the third quarter of 2021: exports, imports, products, dynamics.

Russia’s Trade with Jamaica

In the 3rd quarter of 2021, Russia’s trade with Jamaica was $15,875,994, down 13.31% ($2,437,384) from the 3rd quarter of 2020.

Russia’s exports to Jamaica in the 3rd quarter of 2021 totaled $397,746, up 182.96% ($257,182) from the 3rd quarter of 2020.

Russia’s imports from Jamaica in the 3rd quarter of 2021 were $15,478,248, down 14.83% ($2,694,566) from the 3rd quarter of 2020.

Russia’s trade deficit with Jamaica in the 3rd quarter of 2021 was $15,080,502, a 16.37% decrease ($2,951,748) over the 3rd quarter of 2020.

Jamaica was Russia’s 137th largest trading partner in the 3rd quarter of 2021 (down from 125th in the 3rd quarter of 2020), accounting for 0.0076% of Russia’s total trade (down from 0.0134% in the 3rd quarter of 2020).

Jamaica was Russia’s 168th largest export market in the 3rd quarter of 2021 (up from 169th in the 3rd quarter of 2020), accounting for 0.0003% of Russia’s total exports (up from 0.0002% in the 3rd quarter of 2020).

Jamaica was Russia’s 95th largest supplier in the 3rd quarter of 2021 (down from 90th in the 3rd quarter of 2020), accounting for 0.0206% of Russia’s total imports (down from 0.0314% in the 3rd quarter of 2020).

Russia’s Exports to Jamaica

The major share of Russian exports to Jamaica in the 3rd quarter of 2021 (and in the 3rd quarter of 2020) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 66.66% of Russia’s total exports to Jamaica (0.00% in the 3rd quarter of 2020);
  • Wood and wood products (HS codes 44-49) - 27.45% of Russia’s total exports to Jamaica (0.00% in the 3rd quarter of 2020);
  • Chemical products (HS codes 28-40) - 5.89% of Russia’s total exports to Jamaica (46.64% in the 3rd quarter of 2020).

The largest gains in Russia’s exports to Jamaica in the 3rd quarter of 2021 over the 3rd quarter of 2020 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $265,130;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $109,169;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $23,447.

The largest declines in Russia’s exports to Jamaica in the 3rd quarter of 2021 over the 3rd quarter of 2020 were recorded for the following product groups:

  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $62,266;
  • Fertilizers (HS code 31) - a decrease of $54,588;
  • Ceramic products (HS code 69) - a decrease of $12,744;
  • 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) - a decrease of $10,966.
Russia’s exports to Jamaica in the 3rd quarter of 2021 by product groups
HS
code
Name of product group Value of exports
in Q3 2021,
US dollars ($)
Percent share in total export Value of exports
in Q3 2020,
US dollars ($)
Percent change
in Q3 2021
over Q3 2020
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 265,130 66.66 0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 23,447 5.89 0
31 Fertilizers 0 0.00 54,588-100.00
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 10,966-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 109,169 27.45 0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 62,266-100.00
69 Ceramic products 0 0.00 12,744-100.00

Russia’s Imports from Jamaica

The major share of Russian imports from Jamaica in the 3rd quarter of 2021 (and in the 3rd quarter of 2020) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 98.73% of Russia’s total imports from Jamaica (99.06% in the 3rd quarter of 2020);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.26% of Russia’s total imports from Jamaica (0.94% in the 3rd quarter of 2020).

The largest gains in Russia’s imports from Jamaica in the 3rd quarter of 2021 over the 3rd quarter of 2020 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in Russia’s imports from Jamaica in the 3rd quarter of 2021 over the 3rd quarter of 2020 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $2,720,531.
Russia’s imports from Jamaica in the 3rd quarter of 2021 by product groups
HS
code
Name of product group Value of imports in Q3 2021,
US dollars ($)
Percent share in total import Value of imports in Q3 2020,
US dollars ($)
Percent change
in Q3 2021
over Q3 2020
09 Coffee, tea, maté and spices 35,299 0.23 12,193189.50
22 Beverages, spirits and vinegar 160,301 1.04 158,5811.08
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 15,280,957 98.73 18,001,488-15.11
73 Articles of iron or steel 1,691 0.01 552206.34
Russian foreign trade statistics
Source: Federal Customs Service of Russia