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Russian trade in goods with Honduras in Q3 2017

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 2017: exports, imports, products, dynamics.

Russia’s Trade with Honduras

In the 3rd quarter of 2017, Russia’s trade with Honduras totaled $10,198,442, up 85.07% ($4,687,772) from the 3rd quarter of 2016.

Russia’s exports to Honduras in the 3rd quarter of 2017 totaled $5,220,981, up 151.60% ($3,145,844) from the 3rd quarter of 2016.

Russia’s imports from Honduras in the 3rd quarter of 2017 totaled $4,977,461, up 44.88% ($1,541,928) from the 3rd quarter of 2016.

Russia’s trade balance with Honduras went from a deficit of $1,360,396 in the 3rd quarter of 2016, to a surplus of $243,520 in the 3rd quarter of 2017.

Honduras was Russia’s 134th largest trading partner in the 3rd quarter of 2017 (up from 140th in the 3rd quarter of 2016), accounting for 0.0070% of Russia’s total trade (up from 0.0045% in the 3rd quarter of 2016).

Honduras was Russia’s 127th largest export market in the 3rd quarter of 2017 (up from 137th in the 3rd quarter of 2016), accounting for 0.0061% of Russia’s total exports (up from 0.0029% in the 3rd quarter of 2016).

Honduras was Russia’s 108th largest supplier in the 3rd quarter of 2017 (up from 110th in the 3rd quarter of 2016), accounting for 0.0082% of Russia’s total imports (up from 0.0069% in the 3rd quarter of 2016).

Russia’s Exports to Honduras

The major share of Russian exports to Honduras in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 83.86% of Russia’s total exports to Honduras (22.36% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 9.94% of Russia’s total exports to Honduras (16.14% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 6.04% of Russia’s total exports to Honduras (6.57% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 0.00% of Russia’s total exports to Honduras (54.84% in the 3rd quarter of 2016).

The largest gains in Russia’s exports to Honduras in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Fertilizers (HS code 31) - an increase of $3,753,867;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $179,094;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $160,544;
  • 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 $153,473;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $23,458.

The largest declines in Russia’s exports to Honduras in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - a decrease of $1,137,939.
Russia’s exports to Honduras in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of exports
in Q3 2017,
US dollars ($)
Percent share in total export Value of exports
in Q3 2016,
US dollars ($)
Percent change
in Q3 2017
over Q3 2016
22 Beverages, spirits and vinegar 0 0.00 4-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 315,344 6.04 136,250131.45
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 212,057 4.06 58,584261.97
31 Fertilizers 4,159,283 79.66 405,416925.93
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 256 0.00 0
39 Plastics and articles thereof 6,608 0.13 0
40 Rubber and articles thereof 88 0.00 0
44 Wood and articles of wood; wood charcoal 23,458 0.45 0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 495,483 9.49 334,93947.93
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4 0.00 0
73 Articles of iron or steel 17 0.00 0
76 Aluminum and articles thereof 0 0.00 1,137,939-100.00
83 Miscellaneous articles of base metal 25 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,069 0.02 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 6,583 0.13 2,005228.33
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 689 0.01 0
96 Miscellaneous manufactured articles 17 0.00 0

Russia’s Imports from Honduras

The major share of Russian imports from Honduras in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 88.74% of Russia’s total imports from Honduras (81.97% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 6.25% of Russia’s total imports from Honduras (7.52% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.15% of Russia’s total imports from Honduras (8.54% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.83% of Russia’s total imports from Honduras (1.92% in the 3rd quarter of 2016).

The largest gains in Russia’s imports from Honduras in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Coffee, tea, maté and spices (HS code 09) - an increase of $1,441,167;
  • Sugars and sugar confectionery (HS code 17) - an increase of $163,500;
  • 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 $51,919;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $15,522.

The largest declines in Russia’s imports from Honduras in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $137,022.
Russia’s imports from Honduras in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value of imports in Q3 2017,
US dollars ($)
Percent share in total import Value of imports in Q3 2016,
US dollars ($)
Percent change
in Q3 2017
over Q3 2016
07 Edible vegetables and certain roots and tubers 11,898 0.24 11,3954.41
09 Coffee, tea, maté and spices 4,234,269 85.07 2,793,10251.60
17 Sugars and sugar confectionery 163,500 3.28 0
18 Cocoa and cocoa preparations 1,909 0.04 0
24 Tobacco and manufactured tobacco substitutes 5,618 0.11 11,600-51.57
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 307,526 6.18 255,60720.31
39 Plastics and articles thereof 3,477 0.07 2,70328.63
40 Rubber and articles thereof 0 0.00 5-100.00
44 Wood and articles of wood; wood charcoal 1,274 0.03 1,05021.33
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 467 0.01 702-33.48
61 Articles of apparel and clothing accessories, knitted or crocheted 143,857 2.89 280,879-48.78
62 Articles of apparel and clothing accessories, not knitted or crocheted 12,753 0.26 12,5811.37
73 Articles of iron or steel 0 0.00 1-100.00
83 Miscellaneous articles of base metal 0 0.00 46-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 396 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 42,849 0.86 33,71627.09
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 47,668 0.96 32,14648.29
Russian foreign trade statistics
Source: Federal Customs Service of Russia