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Russian foreign trade
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Russian trade with Nicaragua in 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 Nicaragua in 2021: exports, imports, products, dynamics.

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 $3,118,300.
Russia’s exports to Nicaragua in 2021 by product groups
HS
code
Name of product group Value of exports
in 2021,
US dollars ($)
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 1.13 243,191576.98
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 25,790403.07
29 Organic chemicals 277 0.00 39,133.33
30 Pharmaceutical products 58,118,891 39.98 7,790,204646.05
31 Fertilizers 14,677,516 10.10 11,361,37729.19
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 13115.38
38 Miscellaneous chemical products 4,163 0.00 3291,165.35
39 Plastics and articles thereof 91,884 0.06 43,314112.13
40 Rubber and articles thereof 24,955 0.02 7873,070.90
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 5,44013,156.51
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 1,2071,346.40
72 Iron and steel 30,108,270 20.71 91,13332,937.73
73 Articles of iron or steel 19,622 0.01 5163,702.71
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 0.45 101,162549.47
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 21,5361,963.03
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 17,304,087 11.90 377,9574,478.32
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 238,158 0.16 211,133,985.71
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 $198,808.
Russia’s imports from Nicaragua in 2021 by product groups
HS
code
Name of product group Value of imports in 2021,
US dollars ($)
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 4,570,59110.26
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 9,467,392 58.75 1,506,538528.42
18 Cocoa and cocoa preparations 32,942 0.20 36,395-9.49
22 Beverages, spirits and vinegar 146,043 0.91 71,207105.10
24 Tobacco and manufactured tobacco substitutes 497,440 3.09 371,95033.74
30 Pharmaceutical products 8,166 0.05 0
39 Plastics and articles thereof 12,023 0.07 3,552238.49
44 Wood and articles of wood; wood charcoal 2,604 0.02 748248.13
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 2.88 169,193174.36
62 Articles of apparel and clothing accessories, not knitted or crocheted 56,774 0.35 25,845119.67
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 26,80630.65
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 6,503 0.04 1,243423.17
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
Russian foreign trade statistics
Source: Federal Customs Service of Russia