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Russian trade with Honduras in the 4th 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 fourth quarter of 2016: exports, imports, products, dynamics.

Russia’s Trade with Honduras

In the 4th quarter of 2016, Russia’s trade with Honduras totaled $5,654,264, up 6.32% ($335,950) from the 4th quarter of 2015.

Russia’s exports to Honduras in the 4th quarter of 2016 were $3,409,058, down 16.36% ($667,004) from the 4th quarter of 2015.

Russia’s imports from Honduras in the 4th quarter of 2016 totaled $2,245,206, up 80.74% ($1,002,954) from the 4th quarter of 2015.

Russia’s trade surplus with Honduras in the 4th quarter of 2016 was $1,163,852, a 58.93% decrease ($1,669,958) over the 4th quarter of 2015.

Honduras was Russia’s 138th largest trading partner in the 4th quarter of 2016 (up from 144th in the 4th quarter of 2015), accounting for 0.0041% of Russia’s total trade (just as in the 4th quarter of 2015).

Honduras was Russia’s 133rd largest export market in the 4th quarter of 2016 (up from 135th in the 4th quarter of 2015), accounting for 0.0041% of Russia’s total exports (down from 0.0049% in the 4th quarter of 2015).

Honduras was Russia’s 114th largest supplier in the 4th quarter of 2016 (up from 123rd in the 4th quarter of 2015), accounting for 0.0043% of Russia’s total imports (up from 0.0026% in the 4th quarter of 2015).

Russia’s Exports to Honduras

The major share of Russian exports to Honduras in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 65.03% of Russia’s total exports to Honduras (65.43% in the 4th quarter of 2015);
  • Metals and products from them (HS codes 72-83) - 17.09% of Russia’s total exports to Honduras (18.53% in the 4th quarter of 2015);
  • Wood and wood products (HS codes 44-49) - 10.85% of Russia’s total exports to Honduras (8.78% in the 4th quarter of 2015);
  • Mineral products (HS codes 25-27) - 7.03% of Russia’s total exports to Honduras (7.25% in the 4th quarter of 2015).

The largest gains in Russia’s exports to Honduras in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • 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 $38,220;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $11,934.

The largest declines in Russia’s exports to Honduras in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • Fertilizers (HS code 31) - a decrease of $582,337;
  • Aluminum and articles thereof (HS code 76) - a decrease of $172,644;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $55,750.
Russia’s exports to Honduras in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of exports
in Q4 2016,
US dollars ($)
Percent share in total export Value of exports
in Q4 2015,
US dollars ($)
Percent change
in Q4 2016
over Q4 2015
22 Beverages, spirits and vinegar 0 0.00 408-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 239,700 7.03 295,450-18.87
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 38,220 1.12 0
31 Fertilizers 2,084,663 61.15 2,667,000-21.83
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 93,984 2.76 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 369,874 10.85 357,9403.33
76 Aluminum and articles thereof 582,617 17.09 755,261-22.86
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 0 0.00 3-100.00

Russia’s Imports from Honduras

The major share of Russian imports from Honduras in the 4th quarter of 2016 (and in the 4th quarter of 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 75.25% of Russia’s total imports from Honduras (27.90% in the 4th quarter of 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 16.10% of Russia’s total imports from Honduras (39.29% in the 4th quarter of 2015);
  • Chemical products (HS codes 28-40) - 6.53% of Russia’s total imports from Honduras (26.06% in the 4th quarter of 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 2.07% of Russia’s total imports from Honduras (2.74% in the 4th quarter of 2015).

The largest gains in Russia’s imports from Honduras in the 4th quarter of 2016 over the 4th quarter of 2015 were recorded for the following product groups:

  • Coffee, tea, maté and spices (HS code 09) - an increase of $1,394,628;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $14,749;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $9,524.

The largest declines in Russia’s imports from Honduras in the 4th quarter of 2016 over the 4th quarter of 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 $178,299;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $120,094;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $48,380;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $39,248;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $23,296.
Russia’s imports from Honduras in the 4th quarter of 2016 by product groups
HS
code
Name of product group Value of imports in Q4 2016,
US dollars ($)
Percent share in total import Value of imports in Q4 2015,
US dollars ($)
Percent change
in Q4 2016
over Q4 2015
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0 0.00 18-100.00
07 Edible vegetables and certain roots and tubers 12,062 0.54 2,538375.26
08 Edible fruit and nuts; peel of citrus fruit or melons 88 0.00 0
09 Coffee, tea, maté and spices 1,619,748 72.14 225,120619.50
18 Cocoa and cocoa preparations 1,295 0.06 0
20 Preparations of vegetables, fruit, nuts or other parts of plants 0 0.00 39,248-100.00
24 Tobacco and manufactured tobacco substitutes 56,381 2.51 79,677-29.24
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 144,037 6.42 322,336-55.31
39 Plastics and articles thereof 2,623 0.12 1,41185.90
40 Rubber and articles thereof 8 0.00 0
44 Wood and articles of wood; wood charcoal 281 0.01 0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 712 0.03 1,450-50.90
61 Articles of apparel and clothing accessories, knitted or crocheted 359,648 16.02 479,742-25.03
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,733 0.08 8,286-79.09
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 216 0.01 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 150 0.01 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 28,942 1.29 31,513-8.16
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 17,282 0.77 2,533582.27
95 Toys, games and sports requisites; parts and accessories thereof 0 0.00 48,380-100.00
Russian foreign trade statistics
Source: Federal Customs Service of Russia