Russian trade with Honduras in 2016

Russia’s Trade with Honduras

In 2016, Russia’s trade with Honduras was $33,457,792, down 3.39% ($1,173,450) from 2015.

Russia’s exports to Honduras in 2016 were $20,058,538, down 15.36% ($3,640,464) from 2015.

Russia’s imports from Honduras in 2016 totaled $13,399,254, up 22.57% ($2,467,014) from 2015.

Russia’s trade surplus with Honduras in 2016 was $6,659,284, a 47.84% decrease ($6,107,478) over 2015.

Honduras was Russia’s 137th largest trading partner in 2016 (up from 139th in 2015), accounting for 0.0072% of Russia’s total trade (up from 0.0066% in 2015).

Honduras was Russia’s 136th largest export market in 2016 (down from 130th in 2015), accounting for 0.0070% of Russia’s total exports (up from 0.0069% in 2015).

Honduras was Russia’s 110th largest supplier in 2016 (up from 111th in 2015), accounting for 0.0074% of Russia’s total imports (up from 0.0060% in 2015).

Russia’s Exports to Honduras

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

• Chemical products (HS codes 28-40) - 70.78% of Russia’s total exports to Honduras (49.88% in 2015);
• Metals and products from them (HS codes 72-83) - 18.99% of Russia’s total exports to Honduras (32.34% in 2015);
• Wood and wood products (HS codes 44-49) - 6.77% of Russia’s total exports to Honduras (9.03% in 2015);
• Mineral products (HS codes 25-27) - 2.89% of Russia’s total exports to Honduras (8.75% in 2015).

The largest gains in Russia’s exports to Honduras in 2016 over 2015 were recorded for the following product groups:

• Fertilizers (HS code 31) - an increase of $2,205,937;
• 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 $112,002;
• Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $93,984;
• Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $77,318.

The largest declines in Russia’s exports to Honduras in 2016 over 2015 were recorded for the following product groups:

• Iron and steel (HS code 72) - a decrease of $1,987,547;
• Aluminum and articles thereof (HS code 76) - a decrease of $1,866,602;
• Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $1,493,074;
• Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $797,309.

Russia’s Imports from Honduras

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

• Food products and agricultural raw materials (HS codes 01-24) - 82.45% of Russia’s total imports from Honduras (82.69% in 2015);
• Textiles, textile products and footwear (HS codes 50-67) - 11.81% of Russia’s total imports from Honduras (9.50% in 2015);
• Chemical products (HS codes 28-40) - 3.27% of Russia’s total imports from Honduras (5.28% in 2015);
• Machinery, equipment and vehicles (HS codes 84-90) - 2.44% of Russia’s total imports from Honduras (1.92% in 2015).

The largest gains in Russia’s imports from Honduras in 2016 over 2015 were recorded for the following product groups:

• Coffee, tea, maté and spices (HS code 09) - an increase of $2,190,185;
• Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $552,346;
• Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $124,317.

The largest declines in Russia’s imports from Honduras in 2016 over 2015 were recorded for the following product groups:

• 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 $145,189;
• Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $64,978;
• Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $62,614;
• Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $62,434;
• Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $53,678.