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Russian trade in goods with Honduras in Q3 2019

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 2019: exports, imports, products, dynamics.

Russia’s Trade with Honduras

In the 3rd quarter of 2019, Russia’s trade with Honduras totaled $17,304,100, up 87.28% ($8,064,490) from the 3rd quarter of 2018.

Russia’s exports to Honduras in the 3rd quarter of 2019 totaled $11,566,017, up 160.45% ($7,125,298) from the 3rd quarter of 2018.

Russia’s imports from Honduras in the 3rd quarter of 2019 totaled $5,738,083, up 19.57% ($939,192) from the 3rd quarter of 2018.

Russia’s trade balance with Honduras went from a deficit of $358,172 in the 3rd quarter of 2018, to a surplus of $5,827,934 in the 3rd quarter of 2019.

Honduras was Russia’s 136th largest trading partner in the 3rd quarter of 2019 (up from 138th in the 3rd quarter of 2018), accounting for 0.0104% of Russia’s total trade (up from 0.0054% in the 3rd quarter of 2018).

Honduras was Russia’s 119th largest export market in the 3rd quarter of 2019 (up from 135th in the 3rd quarter of 2018), accounting for 0.0112% of Russia’s total exports (up from 0.0040% in the 3rd quarter of 2018).

Honduras was Russia’s 106th largest supplier in the 3rd quarter of 2019 (up from 107th in the 3rd quarter of 2018), accounting for 0.0092% of Russia’s total imports (up from 0.0080% in the 3rd quarter of 2018).

Russia’s Exports to Honduras

The major share of Russian exports to Honduras in the 3rd quarter of 2019 (and in the 3rd quarter of 2018) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 61.55% of Russia’s total exports to Honduras (68.22% in the 3rd quarter of 2018);
  • Metals and products from them (HS codes 72-83) - 34.20% of Russia’s total exports to Honduras (0.00% in the 3rd quarter of 2018);
  • Mineral products (HS codes 25-27) - 3.40% of Russia’s total exports to Honduras (12.29% in the 3rd quarter of 2018);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.56% of Russia’s total exports to Honduras (6.11% in the 3rd quarter of 2018);
  • Wood and wood products (HS codes 44-49) - 0.30% of Russia’s total exports to Honduras (12.87% in the 3rd quarter of 2018).

The largest gains in Russia’s exports to Honduras in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • Fertilizers (HS code 31) - an increase of $4,516,883;
  • Iron and steel (HS code 72) - an increase of $3,955,409.

The largest declines in Russia’s exports to Honduras in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $535,057;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $458,975;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $183,299;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $152,592.
Russia’s exports to Honduras in the 3rd quarter of 2019 by product groups
HS
code
Name of product group Value of exports
in Q3 2019,
US dollars ($)
Percent share in total export Value of exports
in Q3 2018,
US dollars ($)
Percent change
in Q3 2019
over Q3 2018
22 Beverages, spirits and vinegar 0 0.00 11,801-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 393,298 3.40 545,890-27.95
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 117,512 1.02 576,487-79.62
31 Fertilizers 6,969,791 60.26 2,452,908184.14
39 Plastics and articles thereof 31,041 0.27 0
40 Rubber and articles thereof 128 0.00 0
44 Wood and articles of wood; wood charcoal 12,366 0.11 14,626-15.45
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 21,799 0.19 556,856-96.09
70 Glass and glassware 221 0.00 10,684-97.93
72 Iron and steel 3,955,409 34.20 0
73 Articles of iron or steel 7 0.00 0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 167 0.00 26,893-99.38
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 61,639 0.53 61,2360.66
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 39 0.00 183,338-99.98
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,600 0.02 0

Russia’s Imports from Honduras

The major share of Russian imports from Honduras in the 3rd quarter of 2019 (and in the 3rd quarter of 2018) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 94.34% of Russia’s total imports from Honduras (92.74% in the 3rd quarter of 2018);
  • Textiles, textile products and footwear (HS codes 50-67) - 5.15% of Russia’s total imports from Honduras (2.46% in the 3rd quarter of 2018);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.43% of Russia’s total imports from Honduras (1.78% in the 3rd quarter of 2018);
  • Chemical products (HS codes 28-40) - 0.06% of Russia’s total imports from Honduras (2.93% in the 3rd quarter of 2018).

The largest gains in Russia’s imports from Honduras in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • Coffee, tea, maté and spices (HS code 09) - an increase of $1,124,190;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $154,351;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $79,357;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $17,550.

The largest declines in Russia’s imports from Honduras in the 3rd quarter of 2019 over the 3rd quarter of 2018 were recorded for the following product groups:

  • Sugars and sugar confectionery (HS code 17) - a decrease of $236,126;
  • 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 $136,916;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $39,458.
Russia’s imports from Honduras in the 3rd quarter of 2019 by product groups
HS
code
Name of product group Value of imports in Q3 2019,
US dollars ($)
Percent share in total import Value of imports in Q3 2018,
US dollars ($)
Percent change
in Q3 2019
over Q3 2018
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 106 0.00 384-72.40
07 Edible vegetables and certain roots and tubers 107,117 1.87 27,760285.87
09 Coffee, tea, maté and spices 5,297,635 92.32 4,173,44526.94
17 Sugars and sugar confectionery 0 0.00 236,126-100.00
24 Tobacco and manufactured tobacco substitutes 8,673 0.15 12,579-31.05
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 3,094 0.05 140,010-97.79
39 Plastics and articles thereof 365 0.01 733-50.20
44 Wood and articles of wood; wood charcoal 12 0.00 0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 492 0.01 39225.51
61 Articles of apparel and clothing accessories, knitted or crocheted 122,086 2.13 116,1685.09
62 Articles of apparel and clothing accessories, not knitted or crocheted 19,225 0.34 1,6751,047.76
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 154,351 2.69 0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0 0.00 4,250-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 8,374-100.00
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 10,590 0.18 23,200-54.35
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 14,337 0.25 53,795-73.35
Russian foreign trade statistics
Source: Federal Customs Service of Russia