Honduras (HND) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Honduras-Bangladesh Trade: In 2021, Honduras exported $528k to Bangladesh. The main products that Honduras exported to Bangladesh were N/A. Over the past 5 years the exports of Honduras to Bangladesh have decreased at an annualized rate of 11.3%, from $963k in 2016 to $528k in 2021.

In 2021, Honduras did not export any services to Bangladesh.

Bangladesh-Honduras Trade: In 2021, Bangladesh exported $10.3M to Honduras. The main products that Bangladesh exported to Honduras were N/A. Over the past 5 years the exports of Bangladesh to Honduras have increased at an annualized rate of 15.2%, from $5.07M in 2016 to $10.3M in 2021.

In 2021, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Honduras exported $528k to Bangladesh. There were not main exports from Honduras to Bangladesh in 2021. During the last 5 years the exports of Honduras to Bangladesh have decreased at an annualized rate of 11.3%, from $963k in 2016 to $528k in 2021.

In 2016, Bangladesh exported $10.3M to Honduras. There were not main exports from Bangladesh to Honduras in 2016. During the last 5 years the exports of Bangladesh to Honduras have increased at an annualized rate of 15.2%, from $5.07M in 2021 to $10.3M in 2016.

Exports from Honduras () to Bangladesh () (2021)

Exports from Bangladesh () to Honduras () (2021)

Latest Data

Trade between Honduras () and Bangladesh ()

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Bangladesh
Top DestinationUnited States$11.7B

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

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

In 2022, countries that imported more from Bangladesh than Honduras included Germany ($10.2B), United States ($11.7B), and United Kingdom ($4.86B).

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

Comparative Advantage Honduras - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Honduras had a large net trade with Bangladesh in the exports of .

During 2016, Bangladesh had a large net trade with Honduras in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Bangladesh+$4.44kPalm Oil

Top Product Potential Bangladesh Honduras+$4.89kKnit 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

Year

This visualization shows the product space at the HS4 level with the flags of Honduras and Bangladesh. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Honduras.

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Bangladesh () (2021)

Exports from Bangladesh () to Honduras () (2021)

Latest Data

Trade between Honduras () and Bangladesh ()

Honduras Exports

Market Competitiveness

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

Comparative Advantage Honduras - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Honduras () and Bangladesh () (2021)

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