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Russian trade with Honduras in the 3rd 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 third quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Honduras

In the 3rd quarter of 2016, Russia’s trade with Honduras was $5,510,670, down 9.64% ($587,787) from the 3rd quarter of 2015.

Russia’s exports to Honduras in the 3rd quarter of 2016 were $2,075,137, down 48.55% ($1,958,099) from the 3rd quarter of 2015.

Russia’s imports from Honduras in the 3rd quarter of 2016 totaled $3,435,533, up 66.35% ($1,370,312) from the 3rd quarter of 2015.

Russia’s trade with Honduras went from a surplus of $1,968,015 in the 3rd quarter of 2015, to a deficit of $1,360,396 in the 3rd quarter of 2016.

Honduras was Russia’s 140th largest trading partner in the 3rd quarter of 2016 (up from 141st in the 3rd quarter of 2015), accounting for 0.0045% of Russia’s total trade (down from 0.0048% in the 3rd quarter of 2015).

Honduras was Russia’s 137th largest export market in the 3rd quarter of 2016 (down from 135th in the 3rd quarter of 2015), accounting for 0.0029% of Russia’s total exports (down from 0.0051% in the 3rd quarter of 2015).

Honduras was Russia’s 110th largest supplier in the 3rd quarter of 2016 (up from 114th in the 3rd quarter of 2015), accounting for 0.0069% of Russia’s total imports (up from 0.0044% in the 3rd quarter of 2015).

Russia’s Exports to Honduras

The major share of Russian exports to Honduras in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 54.84% of Russia’s total exports to Honduras (74.89% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 22.36% of Russia’s total exports to Honduras (0.00% in the 3rd quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 16.14% of Russia’s total exports to Honduras (10.39% in the 3rd quarter of 2015);
  • Mineral products (HS codes 25-27) - 6.57% of Russia’s total exports to Honduras (14.72% in the 3rd quarter of 2015).

The largest gains in Russia’s exports to Honduras in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Fertilizers (HS code 31) - an increase of $405,416;
  • 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 $58,584.

The largest declines in Russia’s exports to Honduras in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - a decrease of $1,882,705;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $457,300;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $84,103.
Russia’s exports to Honduras in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q3 2016,
US dollars ($)
Percent share in total export Value of exports
in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
22 Beverages, spirits and vinegar 4 0.00 0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 136,250 6.57 593,550-77.04
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 58,584 2.82 0
31 Fertilizers 405,416 19.54 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 334,939 16.14 419,042-20.07
76 Aluminum and articles thereof 1,137,939 54.84 3,020,644-62.33
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 2,005 0.10 0

Russia’s Imports from Honduras

The major share of Russian imports from Honduras in the 3rd quarter of 2016 (and in the 3rd quarter of 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 81.97% of Russia’s total imports from Honduras (74.59% in the 3rd quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 8.54% of Russia’s total imports from Honduras (13.69% in the 3rd quarter of 2015);
  • Chemical products (HS codes 28-40) - 7.52% of Russia’s total imports from Honduras (8.37% in the 3rd quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.92% of Russia’s total imports from Honduras (2.55% in the 3rd quarter of 2015).

The largest gains in Russia’s imports from Honduras in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Coffee, tea, maté and spices (HS code 09) - an increase of $1,281,246;
  • 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) - an increase of $84,131;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $30,607;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $12,581;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $11,600.

The largest declines in Russia’s imports from Honduras in the 3rd quarter of 2016 over the 3rd quarter of 2015 were recorded for the following product groups:

  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $25,730;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $14,054;
  • 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 $13,223.
Russia’s imports from Honduras in the 3rd quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q3 2016,
US dollars ($)
Percent share in total import Value of imports in Q3 2015,
US dollars ($)
Percent change
in Q3 2016
over Q3 2015
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0 0.00 101-100.00
07 Edible vegetables and certain roots and tubers 11,395 0.33 2,745315.12
09 Coffee, tea, maté and spices 2,793,102 81.30 1,511,85684.75
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 25,730-100.00
24 Tobacco and manufactured tobacco substitutes 11,600 0.34 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 255,607 7.44 171,47649.06
39 Plastics and articles thereof 2,703 0.08 1,46784.25
40 Rubber and articles thereof 5 0.00 0
44 Wood and articles of wood; wood charcoal 1,050 0.03 81628.68
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 702 0.02 1,034-32.11
61 Articles of apparel and clothing accessories, knitted or crocheted 280,879 8.18 282,636-0.62
62 Articles of apparel and clothing accessories, not knitted or crocheted 12,581 0.37 0
73 Articles of iron or steel 1 0.00 658-99.85
83 Miscellaneous articles of base metal 46 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 4,170-100.00
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 33,716 0.98 46,939-28.17
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 32,146 0.94 1,5391,988.76
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 14,054-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia