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

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Honduras-Austria Trade: In 2022, Honduras exported $3.34M to Austria. The main products that Honduras exported to Austria were Coffee ($1.62M), Rolled Tobacco ($613k), and Knit T-shirts ($525k). Over the past 5 years the exports of Honduras to Austria have decreased at an annualized rate of 15.5%, from $7.77M in 2017 to $3.34M in 2022.

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

Austria-Honduras Trade: In 2022, Austria exported $9.25M to Honduras. The main products that Austria exported to Honduras were Vaccines, blood, antisera, toxins and cultures ($2.11M), Stone Processing Machines ($1.31M), and Animal Food ($1.21M). Over the past 5 years the exports of Austria to Honduras have decreased at an annualized rate of 1.95%, from $11.5M in 2017 to $9.25M in 2022.

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

Comparison: In 2022, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $3.34M to Austria. The main products exported from Honduras to Austria were Coffee ($1.62M), Rolled Tobacco ($613k), and Knit T-shirts ($525k). During the last 5 years the exports of Honduras to Austria have decreased at an annualized rate of 15.5%, from $7.77M in 2017 to $3.34M in 2022.

In 2017, Austria exported $9.25M to Honduras. The main products exported from Austria to Honduras were Vaccines, blood, antisera, toxins and cultures ($2.11M), Stone Processing Machines ($1.31M), and Animal Food ($1.21M). During the last 5 years the exports of Austria to Honduras have decreased at an annualized rate of 1.95%, from $11.5M in 2022 to $9.25M in 2017.

Exports from Honduras () to Austria () (2022)

Exports from Austria () to Honduras () (2022)

Latest Data

Trade between Honduras () and Austria ()

Honduras Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Austria
Top DestinationGermany$57.7B

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

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

In 2022, countries that imported more from Austria than Honduras included Germany ($57.7B), Italy ($13.6B), and Switzerland ($11.2B).

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

Comparative Advantage Honduras - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Austria in the exports of Vegetable Products ($1.62M), Textiles ($1.03M), and Foodstuffs ($613k).

During 2017, Austria had a large net trade with Honduras in the exports of Machines ($4.4M), Chemical Products ($2.15M), and Foodstuffs ($1.21M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Austria+$2.41MCoffee

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

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

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Austria () (2022)

Exports from Austria () to Honduras () (2022)

Latest Data

Trade between Honduras () and Austria ()

Honduras Exports

Austria Exports

Market Competitiveness

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

Comparative Advantage Honduras - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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