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Russian trade with Honduras in the 1st quarter of 2016

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia's foreign trade in goods with Honduras in the first quarter of 2016: exports, imports, products, dynamics.

Russia's Trade with Honduras

In the 1st quarter of 2016, Russia's trade with Honduras totaled $11,045,911, up 24.42% ($2,167,663) from the 1st quarter of 2015.

Russia's exports to Honduras in the 1st quarter of 2016 totaled $8,013,948, up 61.44% ($3,049,855) from the 1st quarter of 2015.

Russia's imports from Honduras in the 1st quarter of 2016 were $3,031,963, down 22.54% ($882,192) from the 1st quarter of 2015.

Russia's trade surplus with Honduras in the 1st quarter of 2016 was $4,981,985, a 374.50% increase ($3,932,047) over the 1st quarter of 2015.

Honduras was Russia's 120th largest trading partner in the 1st quarter of 2016 (up from 126th in the 1st quarter of 2015), accounting for 0.0114% of Russia's total trade (up from 0.0067% in the 1st quarter of 2015).

Honduras was Russia's 114th largest export market in the 1st quarter of 2016 (up from 121st in the 1st quarter of 2015), accounting for 0.0131% of Russia's total exports (up from 0.0055% in the 1st quarter of 2015).

Honduras was Russia's 106th largest supplier in the 1st quarter of 2016 (down from 105th in the 1st quarter of 2015), accounting for 0.0084% of Russia's total imports (down from 0.0093% in the 1st quarter of 2015).

Russia's Exports to Honduras

The major share of Russian exports to Honduras in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 82.88% of Russia's total exports to Honduras (18.54% in the 1st quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 14.47% of Russia's total exports to Honduras (40.04% in the 1st quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 2.66% of Russia's total exports to Honduras (18.35% in the 1st quarter of 2015);
  • Mineral products (HS codes 25-27) - 0.00% of Russia's total exports to Honduras (23.07% in the 1st quarter of 2015).

The largest gains in Russia's exports to Honduras in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Fertilizers (HS code 31) - an increase of $5,771,405;
  • Aluminum and articles thereof (HS code 76) - an increase of $1,159,368.

The largest declines in Russia's exports to Honduras in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Iron and steel (HS code 72) - a decrease of $1,987,547;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $1,145,374;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $697,893;
  • 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 $50,104.
Russia's exports to Honduras in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q1 2016,
US dollars ($)
Percent share
in total export
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0 0.00 -100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0 0.00 -100.00
31 Fertilizers 6,641,596 82.88 663.23
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 212,984 2.66 -76.62
72 Iron and steel 0 0.00 -100.00
76 Aluminum and articles thereof 1,159,368 14.47

Russia's Imports from Honduras

The major share of Russian imports from Honduras in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 92.21% of Russia's total imports from Honduras (96.50% in the 1st quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.87% of Russia's total imports from Honduras (1.03% in the 1st quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.01% of Russia's total imports from Honduras (1.14% in the 1st quarter of 2015);
  • Chemical products (HS codes 28-40) - 0.91% of Russia's total imports from Honduras (1.33% in the 1st quarter of 2015).

The largest gains in Russia's imports from Honduras in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • 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 $49,736;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $46,677;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $27,601.

The largest declines in Russia's imports from Honduras in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

  • Coffee, tea, maté and spices (HS code 09) - a decrease of $966,150;
  • 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 $25,452;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $10,416.
Russia's imports from Honduras in the 1st quarter of 2016 by product groups
HS
code
Name of product group Value of imports
in Q1 2016,
US dollars ($)
Percent share
in total import
in Q1 2016
Percent change
in Q1 2016
over Q1 2015
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0 0.00 -100.00
07 Edible vegetables and certain roots and tubers 5,891 0.19 -63.87
08 Edible fruit and nuts; peel of citrus fruit or melons 47,629 1.57 -15.97
09 Coffee, tea, maté and spices 2,738,002 90.30 -26.08
24 Tobacco and manufactured tobacco substitutes 4,157 0.14
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 25,286 0.83 -50.16
39 Plastics and articles thereof 2,233 0.07 77.50
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 183 0.01 75.96
61 Articles of apparel and clothing accessories, knitted or crocheted 90,476 2.98 106.57
62 Articles of apparel and clothing accessories, not knitted or crocheted 673 0.02 -22.20
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 20 0.00 -78.72
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 87,960 2.90 130.12
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 29,453 0.97 1,490.33
Russian foreign trade statistics
Source: Federal Customs Service of Russia