Austria (AUT) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Austria-Honduras Trade: In 2023, Austria exported $24.6M to Honduras. The main products that Austria exported to Honduras were Vaccines, blood, antisera, toxins and cultures ($5.58M), Packaged Medicaments ($3.72M), and Rubberworking Machinery ($3.12M). Over the past 5 years the exports of Austria to Honduras have increased at an annualized rate of 6.98%, from $17.6M in 2018 to $24.6M in 2023.

In 2023, Austria did not export any services to Honduras.

Honduras-Austria Trade: In 2023, Honduras exported $10.4M to Austria. The main products that Honduras exported to Austria were Coffee ($6.29M), Knit T-shirts ($826k), and Tropical Fruits ($690k). Over the past 5 years the exports of Honduras to Austria have increased at an annualized rate of 0.47%, from $10.2M in 2018 to $10.4M in 2023.

In 2023, Honduras did not export any services to Austria.

Comparison: In 2023, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). 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, Austria exported $24.6M to Honduras. The main products exported from Austria to Honduras were Vaccines, blood, antisera, toxins and cultures ($5.58M), Packaged Medicaments ($3.72M), and Rubberworking Machinery ($3.12M). During the last 5 years the exports of Austria to Honduras have increased at an annualized rate of 6.98%, from $17.6M in 2018 to $24.6M in 2023.

In 2018, Honduras exported $10.4M to Austria. The main products exported from Honduras to Austria were Coffee ($6.29M), Knit T-shirts ($826k), and Tropical Fruits ($690k). During the last 5 years the exports of Honduras to Austria have increased at an annualized rate of 0.47%, from $10.2M in 2023 to $10.4M in 2018.

Exports from Austria () to Honduras () (2023)

Exports from Honduras () to Austria () (2023)

Latest Data

Trade between Austria () and Honduras ()

Austria Exports

Date

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$51B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Austria than Honduras included Germany ($51B), Italy ($13.5B), and United States ($18.1B).

In 2023, countries that imported more from Honduras than Austria included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

Difference in imports from Honduras () and Austria () (2023)

Comparative Advantage Austria - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Austria had a large net trade with Honduras in the exports of Chemical Products ($9.78M), Machines ($8.37M), and Foodstuffs ($2.36M).

During 2018, Honduras had a large net trade with Austria in the exports of Vegetable Products ($8.39M), Textiles ($1.38M), and Foodstuffs ($240k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Honduras+$1.76MVaccines, blood, antisera, toxins and cultures

Top Product Potential Honduras Austria+$2.41MCoffee

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

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Historical Data

Bilateral Trade by Products

Exports from Austria () to Honduras () (2023)

Exports from Honduras () to Austria () (2023)

Latest Data

Trade between Austria () and Honduras ()

Austria Exports

Honduras Exports

Market Competitiveness

Difference in imports from Honduras () and Austria () (2023)

Comparative Advantage Austria - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Honduras () (2023)

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