Honduras (HND) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Honduras-Czechia Trade: In 2022, Honduras exported $4.43M to Czechia. The main products that Honduras exported to Czechia were Coffee ($1.12M), Knit T-shirts ($948k), and Processed Crustaceans ($755k). Over the past 5 years the exports of Honduras to Czechia have decreased at an annualized rate of 3.64%, from $5.33M in 2017 to $4.43M in 2022.

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

Czechia-Honduras Trade: In 2022, Czechia exported $20M to Honduras. The main products that Czechia exported to Honduras were Plastic Pipes ($4.01M), Textile Fiber Machinery ($3.21M), and Metal Insulating Fittings ($1.96M). Over the past 5 years the exports of Czechia to Honduras have increased at an annualized rate of 5.8%, from $15.1M in 2017 to $20M in 2022.

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

Comparison: In 2022, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $4.43M to Czechia. The main products exported from Honduras to Czechia were Coffee ($1.12M), Knit T-shirts ($948k), and Processed Crustaceans ($755k). During the last 5 years the exports of Honduras to Czechia have decreased at an annualized rate of 3.64%, from $5.33M in 2017 to $4.43M in 2022.

In 2017, Czechia exported $20M to Honduras. The main products exported from Czechia to Honduras were Plastic Pipes ($4.01M), Textile Fiber Machinery ($3.21M), and Metal Insulating Fittings ($1.96M). During the last 5 years the exports of Czechia to Honduras have increased at an annualized rate of 5.8%, from $15.1M in 2022 to $20M in 2017.

Exports from Honduras () to Czechia () (2022)

Exports from Czechia () to Honduras () (2022)

Latest Data

Trade between Honduras () and Czechia ()

Honduras Exports

Date

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Honduras than Czechia included Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

In 2022, countries that imported more from Czechia than Honduras included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Honduras - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Czechia in the exports of Textiles ($1.79M), Vegetable Products ($1.44M), and Foodstuffs ($1.07M).

During 2017, Czechia had a large net trade with Honduras in the exports of Machines ($8.63M), Plastics and Rubbers ($6.15M), and Weapons ($1.49M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Czechia+$2.32MKnit T-shirts

Top Product Potential Czechia Honduras+$613kPlastic Lids

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Czechia () (2022)

Exports from Czechia () to Honduras () (2022)

Latest Data

Trade between Honduras () and Czechia ()

Honduras Exports

Czechia Exports

Market Competitiveness

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

Comparative Advantage Honduras - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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