Honduras (HND) and China (CHN) Trade | The Observatory of Economic Complexity

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Honduras-China Trade: In 2023, Honduras exported $87.6M to China. The main products that Honduras exported to China were Rough Wood ($48.3M), Scrap Copper ($8.78M), and Iron Ore ($6.66M). Over the past 5 years the exports of Honduras to China have increased at an annualized rate of 10.4%, from $53.4M in 2018 to $87.6M in 2023.

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

China-Honduras Trade: In 2023, China exported $2.4B to Honduras. The main products that China exported to Honduras were Coated Flat-Rolled Iron ($252M), Broadcasting Equipment ($140M), and Motorcycles and cycles ($87.4M). Over the past 5 years the exports of China to Honduras have increased at an annualized rate of 9.45%, from $1.53B in 2018 to $2.4B in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Honduras exported $87.6M to China. The main products exported from Honduras to China were Rough Wood ($48.3M), Scrap Copper ($8.78M), and Iron Ore ($6.66M). During the last 5 years the exports of Honduras to China have increased at an annualized rate of 10.4%, from $53.4M in 2018 to $87.6M in 2023.

In 2018, China exported $2.4B to Honduras. The main products exported from China to Honduras were Coated Flat-Rolled Iron ($252M), Broadcasting Equipment ($140M), and Motorcycles and cycles ($87.4M). During the last 5 years the exports of China to Honduras have increased at an annualized rate of 9.45%, from $1.53B in 2023 to $2.4B in 2018.

Exports from Honduras () to China () (2023)

Exports from China () to Honduras () (2023)

Latest Data

Trade between Honduras () and China ()

Honduras Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$5.87B

China
Top DestinationUnited States$436B

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

In 2023, no countries were registered that imported more from Honduras than from China.

In 2023, countries that imported more from China than Honduras included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Honduras - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Honduras had a large net trade with China in the exports of Wood Products ($48.3M), Metals ($9.26M), and Textiles ($7.49M).

During 2018, China had a large net trade with Honduras in the exports of Machines ($823M), Metals ($510M), and Transportation ($228M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras China+$10.9MKnit T-shirts

Top Product Potential China Honduras+$34.2MTelephones

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to China () (2023)

Exports from China () to Honduras () (2023)

Latest Data

Trade between Honduras () and China ()

Honduras Exports

China Exports

Market Competitiveness

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

Comparative Advantage Honduras - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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