Honduras (HND) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Honduras-Belize Trade: In 2023, Honduras exported $8.36M to Belize. The main products that Honduras exported to Belize were Plastic Lids ($2.05M), Sawn Wood ($1.12M), and Animal Food ($1.01M). Over the past 5 years the exports of Honduras to Belize have decreased at an annualized rate of 18.5%, from $23.2M in 2018 to $8.36M in 2023.

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

Belize-Honduras Trade: In 2023, Belize exported $14.3M to Honduras. The main products that Belize exported to Honduras were Rolled Tobacco ($14.1M), Sauces and Seasonings ($54.1k), and Fruit Juice ($45.9k). Over the past 5 years the exports of Belize to Honduras have increased at an annualized rate of 22.2%, from $5.23M in 2018 to $14.3M in 2023.

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

Comparison In 2023, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Honduras exported $8.36M to Belize. The main products exported from Honduras to Belize were Plastic Lids ($2.05M), Sawn Wood ($1.12M), and Animal Food ($1.01M). During the last 5 years the exports of Honduras to Belize have decreased at an annualized rate of 18.5%, from $23.2M in 2018 to $8.36M in 2023.

In 2018, Belize exported $14.3M to Honduras. The main products exported from Belize to Honduras were Rolled Tobacco ($14.1M), Sauces and Seasonings ($54.1k), and Fruit Juice ($45.9k). During the last 5 years the exports of Belize to Honduras have increased at an annualized rate of 22.2%, from $5.23M in 2023 to $14.3M in 2018.

Exports from Honduras () to Belize () (2023)

Exports from Belize () to Honduras () (2023)

Latest Data

Trade between Honduras () and Belize ()

Honduras Exports

Date

Comparative Advantage Honduras - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Honduras had a large net trade with Belize in the exports of Plastics and Rubbers ($2.28M), Foodstuffs ($1.45M), and Wood Products ($1.15M).

During 2018, Belize had a large net trade with Honduras in the exports of Foodstuffs ($14.2M), Machines ($6.68k), and Plastics and Rubbers ($6.36k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Belize () (2023)

Exports from Belize () to Honduras () (2023)

Latest Data

Trade between Honduras () and Belize ()

Honduras Exports

Comparative Advantage Honduras - Belize

Economic Complexity

Competitive Landscape

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

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