Russian trade in goods with Montenegro in Q4 2021
February 13, 2022
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 fourth quarter of 2021: exports, imports, products, dynamics.
Russia’s Trade with Montenegro
In the 4th quarter of 2021, Russia’s trade with Montenegro was $6,651,058, down 41.98% ($4,812,746) from the 4th quarter of 2020.
Russia’s exports to Montenegro in the 4th quarter of 2021 totaled $1,861,021, up 18.94% ($296,288) from the 4th quarter of 2020.
Russia’s imports from Montenegro in the 4th quarter of 2021 were $4,790,037, down 51.61% ($5,109,034) from the 4th quarter of 2020.
Russia’s trade deficit with Montenegro in the 4th quarter of 2021 was $2,929,016, a 64.86% decrease ($5,405,322) over the 4th quarter of 2020.
Montenegro was Russia’s 147th largest trading partner in the 4th quarter of 2021 (down from 133rd in the 4th quarter of 2020), accounting for 0.0029% of Russia’s total trade (down from 0.0071% in the 4th quarter of 2020).
Montenegro was Russia’s 155th largest export market in the 4th quarter of 2021 (down from 151st in the 4th quarter of 2020), accounting for 0.0012% of Russia’s total exports (down from 0.0017% in the 4th quarter of 2020).
Montenegro was Russia’s 114th largest supplier in the 4th quarter of 2021 (down from 101st in the 4th quarter of 2020), accounting for 0.0059% of Russia’s total imports (down from 0.0146% in the 4th quarter of 2020).
Russia’s Exports to Montenegro
The major share of Russian exports to Montenegro in the 4th quarter of 2021 (and in the 4th quarter of 2020) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 59.15% of Russia’s total exports to Montenegro (54.33% in the 4th quarter of 2020);
- Chemical products (HS codes 28-40) - 22.68% of Russia’s total exports to Montenegro (14.66% in the 4th quarter of 2020);
- Machinery, equipment and vehicles (HS codes 84-90) - 11.84% of Russia’s total exports to Montenegro (21.20% in the 4th quarter of 2020);
- Metals and products from them (HS codes 72-83) - 3.99% of Russia’s total exports to Montenegro (0.06% in the 4th quarter of 2020).
The largest gains in Russia’s exports to Montenegro in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $400,526;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $289,110;
- Articles of iron or steel (HS code 73) - an increase of $46,253;
- Aluminum and articles thereof (HS code 76) - an increase of $25,429;
- 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) - an increase of $18,292;
- Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $16,849;
- Miscellaneous edible preparations (HS code 21) - an increase of $8,806;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $7,256;
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $6,828;
- Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $6,724;
- Cocoa and cocoa preparations (HS code 18) - an increase of $6,168.
The largest declines in Russia’s exports to Montenegro in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:
- Miscellaneous chemical products (HS code 38) - a decrease of $192,932;
- Ceramic products (HS code 69) - a decrease of $104,154;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $70,464;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $64,121;
- Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $50,781;
- 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 $28,091;
- Plastics and articles thereof (HS code 39) - a decrease of $25,401;
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $11,493.
| HS code |
Name of product group | Value of exports in Q4 2021, US dollars ($) |
Percent share in total export | Value of exports in Q4 2020, US dollars ($) |
Percent change in Q4 2021 over Q4 2020 |
|---|---|---|---|---|---|
| 09 | Coffee, tea, maté and spices | 0 | 0.00 | 2,603 | -100.00 |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 1,245 | 0.07 | 3,672 | -66.09 |
| 17 | Sugars and sugar confectionery | 340 | 0.02 | 0 | ∞ |
| 18 | Cocoa and cocoa preparations | 6,168 | 0.33 | 0 | ∞ |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 2,067 | 0.11 | 0 | ∞ |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 0 | 0.00 | 50,781 | -100.00 |
| 21 | Miscellaneous edible preparations | 24,237 | 1.30 | 15,431 | 57.07 |
| 24 | Tobacco and manufactured tobacco substitutes | 1,066,724 | 57.32 | 777,614 | 37.18 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 16,849 | 0.91 | 0 | ∞ |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 10 | 0.00 | 9 | 11.11 |
| 30 | Pharmaceutical products | 400,526 | 21.52 | 0 | ∞ |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 16,777 | 0.90 | 9,949 | 68.63 |
| 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 | 195 | 0.01 | 539 | -63.82 |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 0 | 0.00 | 173 | -100.00 |
| 38 | Miscellaneous chemical products | 135 | 0.01 | 193,067 | -99.93 |
| 39 | Plastics and articles thereof | 225 | 0.01 | 25,626 | -99.12 |
| 40 | Rubber and articles thereof | 4,136 | 0.22 | 16 | 25,750.00 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 0 | 0.00 | 59 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 0 | 0.00 | 11,493 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 112 | 0.01 | 20 | 460.00 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 0 | 0.00 | 936 | -100.00 |
| 52 | Cotton | 0 | 0.00 | 937 | -100.00 |
| 54 | Man-made filaments | 0 | 0.00 | 10 | -100.00 |
| 55 | Man-made staple fibers | 0 | 0.00 | 49 | -100.00 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 0 | 0.00 | 3 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 0 | 0.00 | 6 | -100.00 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 0 | 0.00 | 974 | -100.00 |
| 64 | Footwear, gaiters and the like; parts of such articles | 1,530 | 0.08 | 0 | ∞ |
| 67 | Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair | 302 | 0.02 | 240 | 25.83 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 7,256 | 0.39 | 0 | ∞ |
| 69 | Ceramic products | 0 | 0.00 | 104,154 | -100.00 |
| 70 | Glass and glassware | 5,482 | 0.29 | 2,098 | 161.30 |
| 73 | Articles of iron or steel | 46,501 | 2.50 | 248 | 18,650.40 |
| 74 | Copper and articles thereof | 0 | 0.00 | 344 | -100.00 |
| 76 | Aluminum and articles thereof | 25,534 | 1.37 | 105 | 24,218.10 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 2,231 | 0.12 | 224 | 895.98 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 185,958 | 9.99 | 256,422 | -27.48 |
| 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 | 26,672 | 1.43 | 8,380 | 218.28 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 4,894 | 0.26 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 2,734 | 0.15 | 66,855 | -95.91 |
| 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 | 28,091 | -100.00 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 9,537 | 0.51 | 2,813 | 239.03 |
| 96 | Miscellaneous manufactured articles | 2,644 | 0.14 | 266 | 893.98 |
| 97 | Works of art, collectors’ pieces and antiques | 0 | 0.00 | 526 | -100.00 |
Russia’s Imports from Montenegro
The major share of Russian imports from Montenegro in the 4th quarter of 2021 (and in the 4th quarter of 2020) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 88.11% of Russia’s total imports from Montenegro (93.21% in the 4th quarter of 2020);
- Machinery, equipment and vehicles (HS codes 84-90) - 3.05% of Russia’s total imports from Montenegro (0.10% in the 4th quarter of 2020);
- Food products and agricultural raw materials (HS codes 01-24) - 1.97% of Russia’s total imports from Montenegro (1.27% in the 4th quarter of 2020).
The largest gains in Russia’s imports from Montenegro in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $132,454.
The largest declines in Russia’s imports from Montenegro in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - a decrease of $5,022,084;
- Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $208,584;
- Cocoa and cocoa preparations (HS code 18) - a decrease of $17,471.
| HS code |
Name of product group | Value of imports in Q4 2021, US dollars ($) |
Percent share in total import | Value of imports in Q4 2020, US dollars ($) |
Percent change in Q4 2021 over Q4 2020 |
|---|---|---|---|---|---|
| 18 | Cocoa and cocoa preparations | 94,042 | 1.96 | 111,513 | -15.67 |
| 22 | Beverages, spirits and vinegar | 0 | 0.00 | 13,741 | -100.00 |
| 30 | Pharmaceutical products | 4,202,870 | 87.74 | 9,224,954 | -54.44 |
| 39 | Plastics and articles thereof | 14 | 0.00 | 0 | ∞ |
| 40 | Rubber and articles thereof | 501 | 0.01 | 1,567 | -68.03 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 20,087 | 0.42 | 8,331 | 141.11 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 306,780 | 6.40 | 515,364 | -40.47 |
| 69 | Ceramic products | 83 | 0.00 | 0 | ∞ |
| 72 | Iron and steel | 0 | 0.00 | 6,871 | -100.00 |
| 73 | Articles of iron or steel | 691 | 0.01 | 7,049 | -90.20 |
| 76 | Aluminum and articles thereof | 0 | 0.00 | 101 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 11,221 | 0.23 | 5,467 | 105.25 |
| 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 | 265 | 0.01 | 2,317 | -88.56 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 134,250 | 2.80 | 1,796 | 7,374.94 |