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Russian trade with Honduras in the 2nd 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 second quarter of 2016: exports, imports, products, dynamics.

Russia's Trade with Honduras

In the 2nd quarter of 2016, Russia's trade with Honduras was $11,246,946, down 22.10% ($3,191,526) from the 2nd quarter of 2015.

Russia's exports to Honduras in the 2nd quarter of 2016 were $6,560,395, down 38.85% ($4,167,465) from the 2nd quarter of 2015.

Russia's imports from Honduras in the 2nd quarter of 2016 totaled $4,686,551, up 26.30% ($975,939) from the 2nd quarter of 2015.

Russia's trade surplus with Honduras in the 2nd quarter of 2016 was $1,873,844, a 73.30% decrease ($5,143,404) over the 2nd quarter of 2015.

Honduras was Russia's 120th largest trading partner in the 2nd quarter of 2016 (up from 122nd in the 2nd quarter of 2015), accounting for 0.0103% of Russia's total trade (down from 0.0106% in the 2nd quarter of 2015).

Honduras was Russia's 118th largest export market in the 2nd quarter of 2016 (down from 112th in the 2nd quarter of 2015), accounting for 0.0099% of Russia's total exports (down from 0.0117% in the 2nd quarter of 2015).

Honduras was Russia's 101st largest supplier in the 2nd quarter of 2016 (up from 106th in the 2nd quarter of 2015), accounting for 0.0111% of Russia's total imports (up from 0.0083% in the 2nd quarter of 2015).

Russia's Exports to Honduras

The major share of Russian exports to Honduras in the 2nd quarter of 2016 (and in the 2nd quarter of 2015) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 74.32% of Russia's total exports to Honduras (76.75% in the 2nd quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 14.18% of Russia's total exports to Honduras (17.72% in the 2nd quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 6.71% of Russia's total exports to Honduras (4.22% in the 2nd quarter of 2015);
  • Mineral products (HS codes 25-27) - 3.11% of Russia's total exports to Honduras (1.32% in the 2nd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.68% of Russia's total exports to Honduras (0.00% in the 2nd quarter of 2015).

The largest gains in Russia's exports to Honduras in the 2nd quarter of 2016 over the 2nd 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 $110,000;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $63,100;
  • 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 $30,618.

The largest declines in Russia's exports to Honduras in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Fertilizers (HS code 31) - a decrease of $3,388,546;
  • Aluminum and articles thereof (HS code 76) - a decrease of $970,620;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $27,248.
Russia's exports to Honduras in the 2nd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q2 2016,
US dollars ($)
Percent share in total export Value of exports
in Q2 2015,
US dollars ($)
Percent change
in Q2 2016
over Q2 2015
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 204,200 3.11 141,10044.72
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 30,618 0.47 0
31 Fertilizers 4,845,214 73.86 8,233,760-41.15
44 Wood and articles of wood; wood charcoal 15,231 0.23 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 424,956 6.48 452,204-6.03
76 Aluminum and articles thereof 930,176 14.18 1,900,796-51.06
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 110,000 1.68 0

Russia's Imports from Honduras

The major share of Russian imports from Honduras in the 2nd quarter of 2016 (and in the 2nd quarter of 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 79.94% of Russia's total imports from Honduras (90.96% in the 2nd quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 17.84% of Russia's total imports from Honduras (6.02% in the 2nd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.07% of Russia's total imports from Honduras (2.23% in the 2nd quarter of 2015).

The largest gains in Russia's imports from Honduras in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $627,516;
  • Coffee, tea, maté and spices (HS code 09) - an increase of $480,458;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $51,361.

The largest declines in Russia's imports from Honduras in the 2nd quarter of 2016 over the 2nd quarter of 2015 were recorded for the following product groups:

  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $70,371;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $44,714;
  • 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 $36,759;
  • 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 $25,569.
Russia's imports from Honduras in the 2nd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q2 2016,
US dollars ($)
Percent share in total import Value of imports in Q2 2015,
US dollars ($)
Percent change
in Q2 2016
over Q2 2015
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 78 0.00 0
07 Edible vegetables and certain roots and tubers 12,586 0.27 82,957-84.83
08 Edible fruit and nuts; peel of citrus fruit or melons 65,841 1.40 110,555-40.45
09 Coffee, tea, maté and spices 3,657,198 78.04 3,176,74015.12
24 Tobacco and manufactured tobacco substitutes 10,791 0.23 4,941118.40
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 0 0.00 25,569-100.00
39 Plastics and articles thereof 5,243 0.11 3,18564.62
44 Wood and articles of wood; wood charcoal 688 0.01 0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 713 0.02 36694.81
61 Articles of apparel and clothing accessories, knitted or crocheted 827,820 17.66 200,304313.28
62 Articles of apparel and clothing accessories, not knitted or crocheted 8,410 0.18 21,042-60.03
65 Headgear and parts thereof 0 0.00 1,862-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 13 0.00 308-95.78
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 42,125 0.90 78,884-46.60
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 55,045 1.17 3,6841,394.16
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 0 0.00 215-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia