Russian trade in goods with Honduras in Q1 2020
based on data from the Federal Customs Service of Russia
Russia’s Trade with Honduras
In the 1st quarter of 2020, Russia’s trade with Honduras totaled $19,897,906, up 57.74% ($7,283,698) from the 1st quarter of 2019.
Russia’s exports to Honduras in the 1st quarter of 2020 totaled $15,004,696, up 83.66% ($6,834,891) from the 1st quarter of 2019.
Russia’s imports from Honduras in the 1st quarter of 2020 totaled $4,893,210, up 10.10% ($448,807) from the 1st quarter of 2019.
Russia’s trade surplus with Honduras in the 1st quarter of 2020 was $10,111,486, a 171.42% increase ($6,386,084) over the 1st quarter of 2019.
Honduras was Russia’s 116th largest trading partner in the 1st quarter of 2020 (up from 130th in the 1st quarter of 2019), accounting for 0.0140% of Russia’s total trade (up from 0.0080% in the 1st quarter of 2019).
Honduras was Russia’s 104th largest export market in the 1st quarter of 2020 (up from 121st in the 1st quarter of 2019), accounting for 0.0169% of Russia’s total exports (up from 0.0078% in the 1st quarter of 2019).
Honduras was Russia’s 104th largest supplier in the 1st quarter of 2020 (up from 106th in the 1st quarter of 2019), accounting for 0.0092% of Russia’s total imports (up from 0.0084% in the 1st quarter of 2019).
Russia’s Exports to Honduras
The major share of Russian exports to Honduras in the 1st quarter of 2020 (and in the 1st quarter of 2019) was accounted for the following product types:
- Chemical products (HS codes 28-40) - 60.21% of Russia’s total exports to Honduras (16.82% in the 1st quarter of 2019);
- Metals and products from them (HS codes 72-83) - 38.89% of Russia’s total exports to Honduras (63.44% in the 1st quarter of 2019);
- Wood and wood products (HS codes 44-49) - 0.08% of Russia’s total exports to Honduras (19.74% in the 1st quarter of 2019).
The largest gains in Russia’s exports to Honduras in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:
- Fertilizers (HS code 31) - an increase of $7,653,276;
- Iron and steel (HS code 72) - an increase of $651,801;
- 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 $109,611.
The largest declines in Russia’s exports to Honduras in the 1st quarter of 2020 over the 1st quarter of 2019 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 $1,598,127.
| HS code |
Name of product group | Value of exports in Q1 2020, US dollars ($) |
Percent share in total export | Value of exports in Q1 2019, US dollars ($) |
Percent change in Q1 2020 over Q1 2019 |
|---|---|---|---|---|---|
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 436,936 | 2.91 | 429,901 | 1.64 |
| 31 | Fertilizers | 8,597,595 | 57.30 | 944,319 | 810.45 |
| 40 | Rubber and articles thereof | 203 | 0.00 | 0 | ∞ |
| 44 | Wood and articles of wood; wood charcoal | 11,324 | 0.08 | 14,352 | -21.10 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 0 | 0.00 | 1,598,127 | -100.00 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 89 | 0.00 | 0 | ∞ |
| 70 | Glass and glassware | 720 | 0.00 | 0 | ∞ |
| 72 | Iron and steel | 5,834,907 | 38.89 | 5,183,106 | 12.58 |
| 73 | Articles of iron or steel | 134 | 0.00 | 0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 2,382 | 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 | 109,611 | 0.73 | 0 | ∞ |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 3,723 | 0.02 | 0 | ∞ |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 2,164 | 0.01 | 0 | ∞ |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 4,908 | 0.03 | 0 | ∞ |
Russia’s Imports from Honduras
The major share of Russian imports from Honduras in the 1st quarter of 2020 (and in the 1st quarter of 2019) was accounted for the following product types:
- Food products and agricultural raw materials (HS codes 01-24) - 75.09% of Russia’s total imports from Honduras (96.03% in the 1st quarter of 2019);
- Textiles, textile products and footwear (HS codes 50-67) - 24.59% of Russia’s total imports from Honduras (1.35% in the 1st quarter of 2019);
- Chemical products (HS codes 28-40) - 0.02% of Russia’s total imports from Honduras (1.82% in the 1st quarter of 2019).
The largest gains in Russia’s imports from Honduras in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:
- Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $1,068,132;
- Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $76,260;
- Edible vegetables and certain roots and tubers (HS code 07) - an increase of $32,392.
The largest declines in Russia’s imports from Honduras in the 1st quarter of 2020 over the 1st quarter of 2019 were recorded for the following product groups:
- Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $375,866;
- Coffee, tea, maté and spices (HS code 09) - a decrease of $245,839;
- 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 $77,068.
| HS code |
Name of product group | Value of imports in Q1 2020, US dollars ($) |
Percent share in total import | Value of imports in Q1 2019, US dollars ($) |
Percent change in Q1 2020 over Q1 2019 |
|---|---|---|---|---|---|
| 07 | Edible vegetables and certain roots and tubers | 111,520 | 2.28 | 79,128 | 40.94 |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 5,320 | 0.11 | 381,186 | -98.60 |
| 09 | Coffee, tea, maté and spices | 3,556,241 | 72.68 | 3,802,080 | -6.47 |
| 18 | Cocoa and cocoa preparations | 0 | 0.00 | 486 | -100.00 |
| 24 | Tobacco and manufactured tobacco substitutes | 1,325 | 0.03 | 5,019 | -73.60 |
| 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 | 77,068 | -100.00 |
| 39 | Plastics and articles thereof | 509 | 0.01 | 3,624 | -85.95 |
| 40 | Rubber and articles thereof | 648 | 0.01 | 0 | ∞ |
| 44 | Wood and articles of wood; wood charcoal | 65 | 0.00 | 22 | 195.45 |
| 46 | Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork | 670 | 0.01 | 74 | 805.41 |
| 58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 0 | 0.00 | 16 | -100.00 |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 1,125,882 | 23.01 | 57,750 | 1,849.58 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 1,272 | 0.03 | 2,075 | -38.70 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 76,260 | 1.56 | 0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 0 | 0.00 | 1,905 | -100.00 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 126 | 0.00 | 369 | -65.85 |
| 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 | 10,601 | 0.22 | 19,639 | -46.02 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 2,288 | 0.05 | 12,716 | -82.01 |
| 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 | 483 | 0.01 | 1,246 | -61.24 |