Argentina (ARG) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Argentina-Honduras Trade: In 2022, Argentina exported $7.38M to Honduras. The main products that Argentina exported to Honduras were Packaged Medicaments ($2.51M), Quaternary Ammonium Salts and Hydroxides ($1.31M), and Other Edible Preparations ($958k). Over the past 5 years the exports of Argentina to Honduras have decreased at an annualized rate of 36.7%, from $72.8M in 2017 to $7.38M in 2022.

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

Honduras-Argentina Trade: In 2022, Honduras exported $1.26M to Argentina. The main products that Honduras exported to Argentina were Insulated Wire ($492k), Knit T-shirts ($263k), and Coffee ($227k). Over the past 5 years the exports of Honduras to Argentina have decreased at an annualized rate of 10.9%, from $11.3M in 2017 to $1.26M in 2022.

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

Comparison: In 2022, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). 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 2022, Argentina exported $7.38M to Honduras. The main products exported from Argentina to Honduras were Packaged Medicaments ($2.51M), Quaternary Ammonium Salts and Hydroxides ($1.31M), and Other Edible Preparations ($958k). During the last 5 years the exports of Argentina to Honduras have decreased at an annualized rate of 36.7%, from $72.8M in 2017 to $7.38M in 2022.

In 2017, Honduras exported $1.26M to Argentina. The main products exported from Honduras to Argentina were Insulated Wire ($492k), Knit T-shirts ($263k), and Coffee ($227k). During the last 5 years the exports of Honduras to Argentina have decreased at an annualized rate of 10.9%, from $11.3M in 2022 to $1.26M in 2017.

Exports from Argentina () to Honduras () (2022)

Exports from Honduras () to Argentina () (2022)

Latest Data

Trade between Argentina () and Honduras ()

Argentina Exports

Date

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.6B

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Argentina than Honduras included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

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

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

Comparative Advantage Argentina - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Argentina had a large net trade with Honduras in the exports of Chemical Products ($4.08M), Foodstuffs ($1.41M), and Vegetable Products ($1.29M).

During 2017, Honduras had a large net trade with Argentina in the exports of Machines ($554k), Textiles ($392k), and Vegetable Products ($227k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina Honduras+$4.86kRefined Petroleum

Top Product Potential Honduras Argentina+$4.72kInsulated Wire

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

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Historical Data

Bilateral Trade by Products

Exports from Argentina () to Honduras () (2022)

Exports from Honduras () to Argentina () (2022)

Latest Data

Trade between Argentina () and Honduras ()

Argentina Exports

Honduras Exports

Market Competitiveness

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

Comparative Advantage Argentina - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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