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Pricing

2023
Flag → Flag
Exports $10.9MRnk 33 / 136
2023
Flag → Flag
Top Product $10.4MSoybean Oil
2023
Flag → Flag
Exports $369kRnk 91 / 142
2023
Flag → Flag
Top Product $216kKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Bolivia-Honduras Trade: In 2023, Bolivia exported $10.9M to Honduras. The main products that Bolivia exported to Honduras were Soybean Oil ($10.4M), Industrial Fatty Acids, Oils and Alcohols ($167k), and Borax ($158k). Over the past 5 years the exports of Bolivia to Honduras have increased at an annualized rate of 54.8%, from $1.23M in 2018 to $10.9M in 2023.

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

Honduras-Bolivia Trade: In 2023, Honduras exported $369k to Bolivia. The main products that Honduras exported to Bolivia were Knit T-shirts ($216k), Shaped Paper ($37.7k), and Paper Containers ($17.9k). Over the past 5 years the exports of Honduras to Bolivia have decreased at an annualized rate of 27.7%,  from $1.87M in 2018 to $369k in 2023.

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

Comparison: In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Honduras, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Bolivia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Bolivia to Honduras were Minerals, crude, n.e.s. ($43.6k). In N/A the top imports of Bolivia from Honduras were Synthetic filament yarn (other than sewing... ($13.5k) and T-shirts, singlets and other vests, knitted... ($6.39k).

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly La Paz ($6.92k), Tarija ($5.57k), and Santa Cruz ($117).

Growth In N/A, the N/A in Bolivia's year-by-year exports to Honduras was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Honduras was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for Bolivia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Bolivia over time.

To check Honduras and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Honduras and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $10.9M to Honduras. The main products exported from Bolivia to Honduras were Soybean Oil ($10.4M), Industrial Fatty Acids, Oils and Alcohols ($167k), and Borax ($158k). During the last 5 years the exports of Bolivia to Honduras have increased at an annualized rate of 54.8%, from $1.23M in 2018 to $10.9M in 2023.

In 2018, Honduras exported $369k to Bolivia. The main products exported from Honduras to Bolivia were Knit T-shirts ($216k), Shaped Paper ($37.7k), and Paper Containers ($17.9k). During the last 5 years the exports of Honduras to Bolivia have decreased at an annualized rate of 27.7%, from $1.87M in 2023 to $369k in 2018.

Exports from Bolivia (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Bolivia than Honduras included Brazil ($1.54B), India ($1.33B), and Argentina ($1.15B).

In 2023, countries that imported more from Honduras than Bolivia included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

Difference in imports from Honduras (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Honduras

Flow
Scale

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

During 2023, Bolivia had a large net trade with Honduras in the exports of Animal and Vegetable Bi-Products ($10.4M), Chemical Products ($182k), and Mineral Products ($158k).

During 2018, Honduras had a large net trade with Bolivia in the exports of Textiles ($269k), Paper Goods ($62.1k), and Chemical Products ($15.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Honduras+$50.7kPlastic Lids
Top Product Potential Honduras Bolivia+$266kKnit T-shirts

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

Product Space of Bolivia (Flag) and Honduras (Flag) (2023)

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