Honduras (HND) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Honduras-Malaysia Trade: In 2023, Honduras exported $6.34M to Malaysia. The main products that Honduras exported to Malaysia were Coffee ($1.68M), Scrap Aluminium ($1.27M), and Scrap Copper ($1.08M). Over the past 5 years the exports of Honduras to Malaysia have increased at an annualized rate of 37.5%, from $1.29M in 2018 to $6.34M in 2023.

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

Malaysia-Honduras Trade: In 2023, Malaysia exported $43.3M to Honduras. The main products that Malaysia exported to Honduras were Machinery Having Individual Functions ($4.18M), Steam Boilers ($3.95M), and Broadcasting Equipment ($3.71M). Over the past 5 years the exports of Malaysia to Honduras have decreased at an annualized rate of 2.52%, from $51.8M in 2018 to $43.3M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Honduras exported $6.34M to Malaysia. The main products exported from Honduras to Malaysia were Coffee ($1.68M), Scrap Aluminium ($1.27M), and Scrap Copper ($1.08M). During the last 5 years the exports of Honduras to Malaysia have increased at an annualized rate of 37.5%, from $1.29M in 2018 to $6.34M in 2023.

In 2018, Malaysia exported $43.3M to Honduras. The main products exported from Malaysia to Honduras were Machinery Having Individual Functions ($4.18M), Steam Boilers ($3.95M), and Broadcasting Equipment ($3.71M). During the last 5 years the exports of Malaysia to Honduras have decreased at an annualized rate of 2.52%, from $51.8M in 2023 to $43.3M in 2018.

Exports from Honduras () to Malaysia () (2023)

Exports from Malaysia () to Honduras () (2023)

Latest Data

Trade between Honduras () and Malaysia ()

Honduras Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$5.87B

Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Honduras than Malaysia included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

In 2023, countries that imported more from Malaysia than Honduras included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Honduras - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Honduras had a large net trade with Malaysia in the exports of Metals ($3.16M), Vegetable Products ($1.68M), and Textiles ($662k).

During 2018, Malaysia had a large net trade with Honduras in the exports of Machines ($24.4M), Chemical Products ($4.77M), and Metals ($4.46M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Malaysia+$1.06MKnit T-shirts

Top Product Potential Malaysia Honduras+$633kElectric Heaters

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Malaysia () (2023)

Exports from Malaysia () to Honduras () (2023)

Latest Data

Trade between Honduras () and Malaysia ()

Honduras Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Honduras - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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