Honduras (HND) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Honduras-Namibia Trade: In 2022, Honduras exported $1.54k to Namibia. The main products that Honduras exported to Namibia were Coffee ($961), Knit Women's Undergarments ($182), and Knit T-shirts ($182). Over the past 5 years the exports of Honduras to Namibia have increased at an annualized rate of 141%, from $19 in 2017 to $1.54k in 2022.

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

Namibia-Honduras Trade: In 2022, Namibia exported $97 to Honduras. The main products that Namibia exported to Honduras were N/A. Over the past 5 years the exports of Namibia to Honduras have decreased at an annualized rate of 32.1%, from $673 in 2017 to $97 in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $1.54k to Namibia. The main products exported from Honduras to Namibia were Coffee ($961), Knit Women's Undergarments ($182), and Knit T-shirts ($182). During the last 5 years the exports of Honduras to Namibia have increased at an annualized rate of 141%, from $19 in 2017 to $1.54k in 2022.

In 2016, Namibia exported $97 to Honduras. There were not main exports from Namibia to Honduras in 2016. During the last 5 years the exports of Namibia to Honduras have decreased at an annualized rate of 32.1%, from $673 in 2021 to $97 in 2016.

Exports from Honduras () to Namibia () (2022)

Exports from Namibia () to Honduras () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Honduras than Namibia included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

In 2022, countries that imported more from Namibia than Honduras included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

Comparative Advantage Honduras - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Namibia in the exports of Vegetable Products ($961) and Textiles ($576).

During 2016, Namibia 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 Namibia+$7.67kCoffee

Top Product Potential Namibia Honduras+$3.05kRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Namibia () (2022)

Exports from Namibia () to Honduras () (2022)

Market Competitiveness

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

Comparative Advantage Honduras - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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