Botswana (BWA) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Botswana-Honduras Trade: In 2020, Botswana exported $76 to Honduras. The main products that Botswana exported to Honduras were N/A. Over the past 13 years the exports of Botswana to Honduras have decreased at an annualized rate of 48.7%, from $444k in 2007 to $76 in 2020.

In 2020, Botswana did not export any services to Honduras.

Honduras-Botswana Trade: In 2020, Honduras exported $393 to Botswana. The main products that Honduras exported to Botswana were Knit T-shirts ($144), Knit Men's Suits ($80), and Other Women's Undergarments ($62). Over the past 13 years the exports of Honduras to Botswana have increased at an annualized rate of 32.4%, from $73 in 2007 to $393 in 2020.

In 2020, Honduras did not export any services to Botswana.

Comparison: In 2022, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Botswana exported $76 to Honduras. There were not main exports from Botswana to Honduras in 2020. During the last 13 years the exports of Botswana to Honduras have decreased at an annualized rate of 48.7%, from $444k in 2007 to $76 in 2020.

In 2017, Honduras exported $393 to Botswana. The main products exported from Honduras to Botswana were Knit T-shirts ($144), Knit Men's Suits ($80), and Other Women's Undergarments ($62). During the last 5 years the exports of Honduras to Botswana have increased at an annualized rate of 32.4%, from $73 in 2022 to $393 in 2017.

Exports from Botswana () to Honduras () (2022)

Exports from Honduras () to Botswana () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Botswana than Honduras included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

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

Difference in imports from Honduras () and Botswana () (2022)

Comparative Advantage Botswana - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Botswana had a large net trade with Honduras in the exports of .

During 2017, Honduras had a large net trade with Botswana in the exports of Textiles ($316), Metals ($62), and Machines ($15).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Honduras+$1.91kInsulated Wire

Top Product Potential Honduras Botswana+$4.03kKnit 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Botswana () to Honduras () (2022)

Exports from Honduras () to Botswana () (2022)

Market Competitiveness

Difference in imports from Honduras () and Botswana () (2022)

Comparative Advantage Botswana - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and Honduras () (2022)

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