Ethiopia (ETH) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Ethiopia-Honduras Trade: In 2023, Ethiopia exported $634k to Honduras. The main products that Ethiopia exported to Honduras were Dried Legumes ($621k), Knit Babies' Garments ($6.03k), and Integrated Circuits ($2.4k). Over the past 5 years the exports of Ethiopia to Honduras have increased at an annualized rate of 73.5%, from $40.3k in 2018 to $634k in 2023.

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

Honduras-Ethiopia Trade: In 2023, Honduras exported $14.7k to Ethiopia. The main products that Honduras exported to Ethiopia were Knit T-shirts ($14.7k). Over the past 5 years the exports of Honduras to Ethiopia have decreased at an annualized rate of 3.06%, from $17.2k in 2018 to $14.7k in 2023.

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

Comparison: In 2023, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). 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, Ethiopia exported $634k to Honduras. The main products exported from Ethiopia to Honduras were Dried Legumes ($621k), Knit Babies' Garments ($6.03k), and Integrated Circuits ($2.4k). During the last 5 years the exports of Ethiopia to Honduras have increased at an annualized rate of 73.5%, from $40.3k in 2018 to $634k in 2023.

In 2018, Honduras exported $14.7k to Ethiopia. The main products exported from Honduras to Ethiopia were Knit T-shirts ($14.7k). During the last 5 years the exports of Honduras to Ethiopia have decreased at an annualized rate of 3.06%, from $17.2k in 2023 to $14.7k in 2018.

Exports from Ethiopia () to Honduras () (2023)

Exports from Honduras () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Honduras ()

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Ethiopia than Honduras included China ($402M), Saudi Arabia ($304M), and United Arab Emirates ($314M).

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

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

Comparative Advantage Ethiopia - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Honduras in the exports of Vegetable Products ($621k), Textiles ($9.65k), and Machines ($2.4k).

During 2018, Honduras had a large net trade with Ethiopia in the exports of Textiles ($14.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Honduras+$153kDried Legumes

Top Product Potential Honduras Ethiopia+$3.37kPalm Oil

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

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Honduras () (2023)

Exports from Honduras () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Honduras ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Ethiopia - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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