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Pricing

2022
Flag → Flag
Exports $179kRnk 89 / 146
2022
Flag → Flag
Top Product $118kStone Processing Machines
2022
Flag → Flag
Exports $229kRnk 86 / 124
2022
Flag → Flag
Top Product $131kKnit T-shirts
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC $3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Bolivia-Honduras Trade: In 2022, Bolivia exported $179k to Honduras. The main products that Bolivia exported to Honduras were Stone Processing Machines ($118k), Plastic Lids ($38.1k), and Iron Fasteners ($10.8k). Over the past 5 years the exports of Bolivia to Honduras have decreased at an annualized rate of 9.39%, from $293k in 2017 to $179k in 2022.

In 2022, Bolivia did not export any services to Honduras.

Honduras-Bolivia Trade: In 2022, Honduras exported $229k to Bolivia. The main products that Honduras exported to Bolivia were Knit T-shirts ($131k), Non-Knit Men's Suits ($24k), and Bandages ($15.7k). Over the past 5 years the exports of Honduras to Bolivia have decreased at an annualized rate of 9.36%,  from $374k in 2017 to $229k in 2022.

In 2022, Honduras did not export any services to Bolivia.

Comparison: In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Honduras, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Bolivia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Bolivia to Honduras were Minerals, crude, n.e.s. ($43.6k). In N/A the top imports of Bolivia from Honduras were Synthetic filament yarn (other than sewing... ($13.5k) and T-shirts, singlets and other vests, knitted... ($6.39k).

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly La Paz ($6.92k), Tarija ($5.57k), and Santa Cruz ($117).

Growth In N/A, the N/A in Bolivia's year-by-year exports to Honduras was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Honduras was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for Bolivia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Bolivia over time.

To check Honduras and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Honduras and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $179k to Honduras. The main products exported from Bolivia to Honduras were Stone Processing Machines ($118k), Plastic Lids ($38.1k), and Iron Fasteners ($10.8k). During the last 5 years the exports of Bolivia to Honduras have decreased at an annualized rate of 9.39%, from $293k in 2017 to $179k in 2022.

In 2017, Honduras exported $229k to Bolivia. The main products exported from Honduras to Bolivia were Knit T-shirts ($131k), Non-Knit Men's Suits ($24k), and Bandages ($15.7k). During the last 5 years the exports of Honduras to Bolivia have decreased at an annualized rate of 9.36%, from $374k in 2022 to $229k in 2017.

Exports from Bolivia (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Honduras
Top DestinationUnited States$6.31B

This map shows whether countries import more from Bolivia or Honduras. Each country is colored based on the difference in imports they receive from Bolivia and Honduras or the difference in the growth in imports.

In 2022, countries that imported more from Bolivia than Honduras included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

In 2022, countries that imported more from Honduras than Bolivia included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

Difference in imports from Honduras (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - Honduras

Flow
Scale

This chart compares trade between Bolivia and Honduras by product, considering products traded by both, Bolivia and Honduras.

During 2022, Bolivia had a large net trade with Honduras in the exports of Machines ($125k), Plastics and Rubbers ($41.2k), and Metals ($11.6k).

During 2017, Honduras had a large net trade with Bolivia in the exports of Textiles ($192k), Chemical Products ($15.7k), and Paper Goods ($11.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Honduras+$50.7kPlastic Lids
Top Product Potential Honduras Bolivia+$266kKnit T-shirts

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bolivia and Honduras. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Bolivia.

Product Space of Bolivia (Flag) and Honduras (Flag) (2022)

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