Honduras (HND) and Belarus (BLR) Trade | The Observatory of Economic Complexity

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Honduras-Belarus Trade: In 2021, Honduras exported $80.8k to Belarus. The main products that Honduras exported to Belarus were N/A. Over the past 5 years the exports of Honduras to Belarus have increased at an annualized rate of 26.2%, from $25.3k in 2016 to $80.8k in 2021.

In 2021, Honduras did not export any services to Belarus.

Belarus-Honduras Trade: In 2021, Belarus exported $8.7M to Honduras. The main products that Belarus exported to Honduras were N/A. Over the past 5 years the exports of Belarus to Honduras have increased at an annualized rate of 96.6%, from $296k in 2016 to $8.7M in 2021.

In 2013, Belarus exported services to Honduras worth $0, with being the largest in terms of value.

Comparison: In 2022, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Honduras exported $80.8k to Belarus. There were not main exports from Honduras to Belarus in 2021. During the last 5 years the exports of Honduras to Belarus have increased at an annualized rate of 26.2%, from $25.3k in 2016 to $80.8k in 2021.

In 2016, Belarus exported $8.7M to Honduras. There were not main exports from Belarus to Honduras in 2016. During the last 5 years the exports of Belarus to Honduras have increased at an annualized rate of 96.6%, from $296k in 2021 to $8.7M in 2016.

Exports from Honduras () to Belarus () (2021)

Exports from Belarus () to Honduras () (2021)

Latest Data

Trade between Honduras () and Belarus ()

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Belarus
Top DestinationChina$1.6B

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

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

In 2022, countries that imported more from Belarus than Honduras included China ($1.6B), Ukraine ($1.29B), and Poland ($933M).

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

Comparative Advantage Honduras - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Honduras had a large net trade with Belarus in the exports of .

During 2016, Belarus had a large net trade with Honduras in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Belarus+$2.84kCoffee

Top Product Potential Belarus Honduras+$2.39kPotassic Fertilizers

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Belarus () (2021)

Exports from Belarus () to Honduras () (2021)

Latest Data

Trade between Honduras () and Belarus ()

Belarus Exports

Market Competitiveness

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

Comparative Advantage Honduras - Belarus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Honduras () and Belarus () (2021)

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