2022
Flag  
GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC 
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

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
Value

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 (Flag) to Czechia (Flag) (2022)

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

Latest Data

Trade between Honduras (Flag) and Czechia (Flag)

Honduras Exports

Market Competitiveness

Color
Honduras
Top Destination
United States$6.31B
Czechia
Top Destination
Germany$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 (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - Czechia

Flow
Scale

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

Potential Exports

Depth
View
Sort By
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

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.

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

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