Russian trade with Nicaragua in 2021
based on data from the Federal Customs Service of Russia
Russia’s Trade with Nicaragua
In 2021, Russia’s trade with Nicaragua totaled $161,473,106, up 186.50% ($105,112,260) from 2020.
Russia’s exports to Nicaragua in 2021 totaled $145,357,164, up 232.29% ($101,612,736) from 2020.
Russia’s imports from Nicaragua in 2021 totaled $16,115,942, up 27.74% ($3,499,524) from 2020.
Russia’s trade surplus with Nicaragua in 2021 was $129,241,222, a 315.19% increase ($98,113,212) over 2020.
Nicaragua was Russia’s 117th largest trading partner in 2021 (up from 134th in 2020), accounting for 0.0206% of Russia’s total trade (up from 0.0099% in 2020).
Nicaragua was Russia’s 104th largest export market in 2021 (up from 122nd in 2020), accounting for 0.0296% of Russia’s total exports (up from 0.0130% in 2020).
Nicaragua was Russia’s 117th largest supplier in 2021 (just as in 2020), accounting for 0.0055% of Russia’s total imports (just as in 2020).
Russia’s Exports to Nicaragua
The major share of Russian exports to Nicaragua in 2021 (and in 2020) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 50.27% of Russia’s total exports to Nicaragua (43.94% in 2020);
- Metals and products from them (HS codes 72-83) - 20.74% of Russia’s total exports to Nicaragua (0.21% in 2020);
- Food products and agricultural raw materials (HS codes 01-24) - 15.02% of Russia’s total exports to Nicaragua (52.49% in 2020);
- Machinery, equipment and vehicles (HS codes 84-90) - 12.83% of Russia’s total exports to Nicaragua (1.14% in 2020);
- Mineral products (HS codes 25-27) - 0.62% of Russia’s total exports to Nicaragua (2.09% in 2020).
The largest gains in Russia’s exports to Nicaragua in 2021 over 2020 were recorded for the following product groups:
- Pharmaceutical products (HS code 30) - an increase of $50,328,687;
- Iron and steel (HS code 72) - an increase of $30,017,137;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $16,926,130;
- Fertilizers (HS code 31) - an increase of $3,316,139;
- Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $1,403,162;
- Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $715,714;
- Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - an increase of $575,045;
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $555,855.
The largest declines in Russia’s exports to Nicaragua in 2021 over 2020 were recorded for the following product groups:
- Cereals (HS code 10) - a decrease of $3,118,300.
HS code |
Name of product group | Value of exports in 2021, US dollars ($) |
Percent share in total export | Value of exports in 2020, US dollars ($) |
Percent change in 2021 over 2020 |
---|---|---|---|---|---|
10 | Cereals | 19,602,060 | 13.49 | 22,720,360 | -13.72 |
11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 575,045 | 0.40 | 0 | ∞ |
15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 1,646,353 | 1.13 | 243,191 | 576.98 |
27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 898,389 | 0.62 | 915,265 | -1.84 |
28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 129,742 | 0.09 | 25,790 | 403.07 |
29 | Organic chemicals | 277 | 0.00 | 3 | 9,133.33 |
30 | Pharmaceutical products | 58,118,891 | 39.98 | 7,790,204 | 646.05 |
31 | Fertilizers | 14,677,516 | 10.10 | 11,361,377 | 29.19 |
32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 1,676 | 0.00 | 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 | 28 | 0.00 | 13 | 115.38 |
38 | Miscellaneous chemical products | 4,163 | 0.00 | 329 | 1,165.35 |
39 | Plastics and articles thereof | 91,884 | 0.06 | 43,314 | 112.13 |
40 | Rubber and articles thereof | 24,955 | 0.02 | 787 | 3,070.90 |
48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 0 | 0.00 | 33,041 | -100.00 |
49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 721,154 | 0.50 | 5,440 | 13,156.51 |
59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 0 | 0.00 | 9 | -100.00 |
62 | Articles of apparel and clothing accessories, not knitted or crocheted | 1,536 | 0.00 | 0 | ∞ |
63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 7,271 | 0.01 | 10,819 | -32.79 |
65 | Headgear and parts thereof | 199 | 0.00 | 0 | ∞ |
70 | Glass and glassware | 17,458 | 0.01 | 1,207 | 1,346.40 |
72 | Iron and steel | 30,108,270 | 20.71 | 91,133 | 32,937.73 |
73 | Articles of iron or steel | 19,622 | 0.01 | 516 | 3,702.71 |
74 | Copper and articles thereof | 176 | 0.00 | 0 | ∞ |
76 | Aluminum and articles thereof | 590 | 0.00 | 0 | ∞ |
82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 4,928 | 0.00 | 0 | ∞ |
83 | Miscellaneous articles of base metal | 240 | 0.00 | 0 | ∞ |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 657,017 | 0.45 | 101,162 | 549.47 |
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 | 444,294 | 0.31 | 21,536 | 1,963.03 |
87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 17,304,087 | 11.90 | 377,957 | 4,478.32 |
90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 238,158 | 0.16 | 21 | 1,133,985.71 |
91 | Clocks and watches and parts thereof | 232 | 0.00 | 0 | ∞ |
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 | 3,777 | 0.00 | 0 | ∞ |
96 | Miscellaneous manufactured articles | 0 | 0.00 | 954 | -100.00 |
97 | Works of art, collectors’ pieces and antiques | 1,104 | 0.00 | 0 | ∞ |
Russia’s Imports from Nicaragua
The major share of Russian imports from Nicaragua in 2021 (and in 2020) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 94.43% of Russia’s total imports from Nicaragua (88.25% in 2020);
- Textiles, textile products and footwear (HS codes 50-67) - 4.75% of Russia’s total imports from Nicaragua (4.77% in 2020);
- Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total imports from Nicaragua (6.37% in 2020).
The largest gains in Russia’s imports from Nicaragua in 2021 over 2020 were recorded for the following product groups:
- Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $7,960,854;
- Coffee, tea, maté and spices (HS code 09) - an increase of $469,160;
- Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $295,010;
- Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $125,490;
- Beverages, spirits and vinegar (HS code 22) - an increase of $74,836.
The largest declines in Russia’s imports from Nicaragua in 2021 over 2020 were recorded for the following product groups:
- Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $4,525,034;
- Copper and articles thereof (HS code 74) - a decrease of $802,179;
- Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $198,808.
HS code |
Name of product group | Value of imports in 2021, US dollars ($) |
Percent share in total import | Value of imports in 2020, US dollars ($) |
Percent change in 2021 over 2020 |
---|---|---|---|---|---|
03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 0 | 0.00 | 4,525,034 | -100.00 |
06 | Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage | 31 | 0.00 | 0 | ∞ |
08 | Edible fruit and nuts; peel of citrus fruit or melons | 34,167 | 0.21 | 52,596 | -35.04 |
09 | Coffee, tea, maté and spices | 5,039,751 | 31.27 | 4,570,591 | 10.26 |
12 | Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder | 9,467,392 | 58.75 | 1,506,538 | 528.42 |
18 | Cocoa and cocoa preparations | 32,942 | 0.20 | 36,395 | -9.49 |
22 | Beverages, spirits and vinegar | 146,043 | 0.91 | 71,207 | 105.10 |
24 | Tobacco and manufactured tobacco substitutes | 497,440 | 3.09 | 371,950 | 33.74 |
30 | Pharmaceutical products | 8,166 | 0.05 | 0 | ∞ |
39 | Plastics and articles thereof | 12,023 | 0.07 | 3,552 | 238.49 |
44 | Wood and articles of wood; wood charcoal | 2,604 | 0.02 | 748 | 248.13 |
46 | Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork | 546 | 0.00 | 0 | ∞ |
47 | Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard | 34,201 | 0.21 | 0 | ∞ |
61 | Articles of apparel and clothing accessories, knitted or crocheted | 464,203 | 2.88 | 169,193 | 174.36 |
62 | Articles of apparel and clothing accessories, not knitted or crocheted | 56,774 | 0.35 | 25,845 | 119.67 |
63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 207,859 | 1.29 | 406,667 | -48.89 |
64 | Footwear, gaiters and the like; parts of such articles | 36,128 | 0.22 | 0 | ∞ |
71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 1,027 | 0.01 | 0 | ∞ |
74 | Copper and articles thereof | 0 | 0.00 | 802,179 | -100.00 |
76 | Aluminum and articles thereof | 92 | 0.00 | 0 | ∞ |
82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 329 | 0.00 | 1,385 | -76.25 |
84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 100 | 0.00 | 0 | ∞ |
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 | 35,021 | 0.22 | 26,806 | 30.65 |
87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 6,503 | 0.04 | 1,243 | 423.17 |
90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 32,600 | 0.20 | 44,489 | -26.72 |