Russian trade in goods with Trinidad and Tobago in Q4 2021
based on data from the Federal Customs Service of Russia
Russia’s Trade with Trinidad and Tobago
In the 4th quarter of 2021, Russia’s trade with Trinidad and Tobago totaled $805,104, up 12.94% ($92,274) from the 4th quarter of 2020.
Russia’s exports to Trinidad and Tobago in the 4th quarter of 2021 were $326,677, down 12.28% ($45,728) from the 4th quarter of 2020.
Russia’s imports from Trinidad and Tobago in the 4th quarter of 2021 totaled $478,427, up 40.54% ($138,002) from the 4th quarter of 2020.
Russia’s trade balance with Trinidad and Tobago went from a surplus of $31,980 in the 4th quarter of 2020, to a deficit of $151,750 in the 4th quarter of 2021.
Trinidad and Tobago was Russia’s 177th largest trading partner in the 4th quarter of 2021 (down from 172nd in the 4th quarter of 2020), accounting for 0.0003% of Russia’s total trade (down from 0.0004% in the 4th quarter of 2020).
Trinidad and Tobago was Russia’s 175th largest export market in the 4th quarter of 2021 (down from 170th in the 4th quarter of 2020), accounting for 0.0002% of Russia’s total exports (down from 0.0004% in the 4th quarter of 2020).
Trinidad and Tobago was Russia’s 146th largest supplier in the 4th quarter of 2021 (down from 141st in the 4th quarter of 2020), accounting for 0.0006% of Russia’s total imports (up from 0.0005% in the 4th quarter of 2020).
Russia’s Exports to Trinidad and Tobago
The major share of Russian exports to Trinidad and Tobago in the 4th quarter of 2021 (and in the 4th quarter of 2020) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 54.72% of Russia’s total exports to Trinidad and Tobago (45.00% in the 4th quarter of 2020);
- Food products and agricultural raw materials (HS codes 01-24) - 17.60% of Russia’s total exports to Trinidad and Tobago (0.00% in the 4th quarter of 2020);
- Wood and wood products (HS codes 44-49) - 14.16% of Russia’s total exports to Trinidad and Tobago (13.28% in the 4th quarter of 2020);
- Chemical products (HS codes 28-40) - 7.97% of Russia’s total exports to Trinidad and Tobago (5.49% in the 4th quarter of 2020);
- Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total exports to Trinidad and Tobago (36.24% in the 4th quarter of 2020).
The largest gains in Russia’s exports to Trinidad and Tobago in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $106,971;
- Edible vegetables and certain roots and tubers (HS code 07) - an increase of $57,500;
- Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $44,711;
- Ceramic products (HS code 69) - an increase of $18,144;
- Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $7,477.
The largest declines in Russia’s exports to Trinidad and Tobago in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:
- Articles of iron or steel (HS code 73) - a decrease of $134,513;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $62,652;
- Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $47,903;
- 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 $33,147;
- 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 $1,438.
| HS code |
Name of product group | Value of exports in Q4 2021, US dollars ($) |
Percent share in total export | Value of exports in Q4 2020, US dollars ($) |
Percent change in Q4 2021 over Q4 2020 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 57,500 | 17.60 | 0 | ∞ |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 17,813 | 5.45 | 19,251 | -7.47 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 7,477 | 2.29 | 0 | ∞ |
| 39 | Plastics and articles thereof | 749 | 0.23 | 1,191 | -37.11 |
| 44 | Wood and articles of wood; wood charcoal | 0 | 0.00 | 47,903 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 46,249 | 14.16 | 1,538 | 2,907.09 |
| 69 | Ceramic products | 18,144 | 5.55 | 0 | ∞ |
| 73 | Articles of iron or steel | 0 | 0.00 | 134,513 | -100.00 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 436 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 178,212 | 54.55 | 71,241 | 150.15 |
| 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 | 533 | 0.16 | 33,680 | -98.42 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 0 | 0.00 | 62,652 | -100.00 |
Russia’s Imports from Trinidad and Tobago
The major share of Russian imports from Trinidad and Tobago 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) - 99.37% of Russia’s total imports from Trinidad and Tobago (95.90% in the 4th quarter of 2020);
- Metals and products from them (HS codes 72-83) - 0.63% of Russia’s total imports from Trinidad and Tobago (2.42% in the 4th quarter of 2020);
- Chemical products (HS codes 28-40) - 0.00% of Russia’s total imports from Trinidad and Tobago (1.69% in the 4th quarter of 2020).
The largest gains in Russia’s imports from Trinidad and Tobago in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:
- Beverages, spirits and vinegar (HS code 22) - an increase of $148,973.
The largest declines in Russia’s imports from Trinidad and Tobago in the 4th quarter of 2021 over the 4th quarter of 2020 were recorded for the following product groups:
- Organic chemicals (HS code 29) - a decrease of $5,748;
- Articles of iron or steel (HS code 73) - a decrease of $5,223.
| HS code |
Name of product group | Value of imports in Q4 2021, US dollars ($) |
Percent share in total import | Value of imports in Q4 2020, US dollars ($) |
Percent change in Q4 2021 over Q4 2020 |
|---|---|---|---|---|---|
| 22 | Beverages, spirits and vinegar | 475,426 | 99.37 | 326,453 | 45.63 |
| 29 | Organic chemicals | 0 | 0.00 | 5,748 | -100.00 |
| 73 | Articles of iron or steel | 3,001 | 0.63 | 8,224 | -63.51 |