Hong Kong (HKG) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Hong Kong-Honduras Trade: In 2023, Hong Kong exported $10.2M to Honduras. The main products that Hong Kong exported to Honduras were Broadcasting Equipment ($2.65M), Other Metal Fasteners ($1.72M), and Computers ($1.29M). Over the past 5 years the exports of Hong Kong to Honduras have decreased at an annualized rate of 12.5%, from $19.9M in 2018 to $10.2M in 2023.

In 2023, Hong Kong did not export any services to Honduras.

Honduras-Hong Kong Trade: In 2023, Honduras exported $9.92M to Hong Kong. The main products that Honduras exported to Hong Kong were Rolled Tobacco ($3.04M), Knit T-shirts ($1.12M), and Pharmaceutical Animal Products ($773k). Over the past 5 years the exports of Honduras to Hong Kong have decreased at an annualized rate of 1.14%, from $11.6M in 2018 to $9.92M in 2023.

In 2023, Honduras did not export any services to Hong Kong.

Comparison: In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hong Kong exported $10.2M to Honduras. The main products exported from Hong Kong to Honduras were Broadcasting Equipment ($2.65M), Other Metal Fasteners ($1.72M), and Computers ($1.29M). During the last 5 years the exports of Hong Kong to Honduras have decreased at an annualized rate of 12.5%, from $19.9M in 2018 to $10.2M in 2023.

In 2018, Honduras exported $9.92M to Hong Kong. The main products exported from Honduras to Hong Kong were Rolled Tobacco ($3.04M), Knit T-shirts ($1.12M), and Pharmaceutical Animal Products ($773k). During the last 5 years the exports of Honduras to Hong Kong have decreased at an annualized rate of 1.14%, from $11.6M in 2023 to $9.92M in 2018.

Exports from Hong Kong () to Honduras () (2023)

Exports from Honduras () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Honduras ()

Hong Kong Exports

Date

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Hong Kong than Honduras included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Honduras than Hong Kong included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

Difference in imports from Honduras () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Honduras in the exports of Machines ($5M), Metals ($1.91M), and Textiles ($1.17M).

During 2018, Honduras had a large net trade with Hong Kong in the exports of Foodstuffs ($3.5M), Textiles ($2.6M), and Animal Products ($2.07M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Honduras+$4.12MTelephones

Top Product Potential Honduras Hong Kong+$2.6MKnit Sweaters

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 Hong Kong and Honduras. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Hong Kong.

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Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Honduras () (2023)

Exports from Honduras () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Honduras ()

Hong Kong Exports

Honduras Exports

Market Competitiveness

Difference in imports from Honduras () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Honduras () (2023)

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