Honduras (HND) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Honduras-Nepal Trade: In 2022, Honduras exported $6.07k to Nepal. The main products that Honduras exported to Nepal were Knit T-shirts ($2.15k), Knit Sweaters ($1.57k), and Knit Men's Suits ($1.32k). Over the past 5 years the exports of Honduras to Nepal have increased at an annualized rate of 4.36%, from $4.9k in 2017 to $6.07k in 2022.

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

Nepal-Honduras Trade: In 2022, Nepal exported $14.5k to Honduras. The main products that Nepal exported to Honduras were N/A. Over the past 5 years the exports of Nepal to Honduras have increased at an annualized rate of 12.9%, from $6.17k in 2017 to $14.5k in 2022.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), 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 2022, Honduras exported $6.07k to Nepal. The main products exported from Honduras to Nepal were Knit T-shirts ($2.15k), Knit Sweaters ($1.57k), and Knit Men's Suits ($1.32k). During the last 5 years the exports of Honduras to Nepal have increased at an annualized rate of 4.36%, from $4.9k in 2017 to $6.07k in 2022.

In 2016, Nepal exported $14.5k to Honduras. There were not main exports from Nepal to Honduras in 2016. During the last 5 years the exports of Nepal to Honduras have increased at an annualized rate of 12.9%, from $6.17k in 2021 to $14.5k in 2016.

Exports from Honduras () to Nepal () (2022)

Exports from Nepal () to Honduras () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Nepal
Top DestinationIndia$956M

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

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

In 2022, countries that imported more from Nepal than Honduras included India ($956M), Singapore ($25.5M), and Turkey ($28.3M).

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

Comparative Advantage Honduras - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Nepal in the exports of Textiles ($6.04k) and Plastics and Rubbers ($31).

During 2016, Nepal 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 Nepal+$25.1kKnit T-shirts

Top Product Potential Nepal Honduras+$2.36kNon-Retail Synthetic Staple Fibers Yarn

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

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Nepal () (2022)

Exports from Nepal () to Honduras () (2022)

Market Competitiveness

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

Comparative Advantage Honduras - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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