Switzerland (CHE) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Switzerland-Honduras Trade: In 2022, Switzerland exported $21.4M to Honduras. The main products that Switzerland exported to Honduras were Dyeing Finishing Agents ($3.63M), Packaged Medicaments ($3.54M), and Synthetic Coloring Matter ($3.15M). Over the past 5 years the exports of Switzerland to Honduras have increased at an annualized rate of 0.45%, from $20.9M in 2017 to $21.4M in 2022.

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

Honduras-Switzerland Trade: In 2022, Honduras exported $55.4M to Switzerland. The main products that Honduras exported to Switzerland were Coffee ($44.6M), Rolled Tobacco ($3.68M), and Melons ($1.77M). Over the past 5 years the exports of Honduras to Switzerland have increased at an annualized rate of 15.2%, from $27.3M in 2017 to $55.4M in 2022.

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

Comparison: In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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, Switzerland exported $21.4M to Honduras. The main products exported from Switzerland to Honduras were Dyeing Finishing Agents ($3.63M), Packaged Medicaments ($3.54M), and Synthetic Coloring Matter ($3.15M). During the last 5 years the exports of Switzerland to Honduras have increased at an annualized rate of 0.45%, from $20.9M in 2017 to $21.4M in 2022.

In 2017, Honduras exported $55.4M to Switzerland. The main products exported from Honduras to Switzerland were Coffee ($44.6M), Rolled Tobacco ($3.68M), and Melons ($1.77M). During the last 5 years the exports of Honduras to Switzerland have increased at an annualized rate of 15.2%, from $27.3M in 2022 to $55.4M in 2017.

Exports from Switzerland () to Honduras () (2022)

Exports from Honduras () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Honduras ()

Switzerland Exports

Date

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Switzerland than Honduras included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

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

Comparative Advantage Switzerland - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Honduras in the exports of Chemical Products ($11.5M), Machines ($5.25M), and Foodstuffs ($1.76M).

During 2017, Honduras had a large net trade with Switzerland in the exports of Vegetable Products ($47M), Foodstuffs ($5.8M), and Textiles ($2.25M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Honduras+$4.74MPackaged Medicaments

Top Product Potential Honduras Switzerland+$5.38MCoffee

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

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Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Honduras () (2022)

Exports from Honduras () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Honduras ()

Switzerland Exports

Honduras Exports

Market Competitiveness

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

Comparative Advantage Switzerland - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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