Honduras (HND) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Honduras-New Zealand Trade: In 2022, Honduras exported $8.71M to New Zealand. The main products that Honduras exported to New Zealand were Coffee ($7.07M), Knit T-shirts ($548k), and Non-Knit Active Wear ($314k). Over the past 5 years the exports of Honduras to New Zealand have increased at an annualized rate of 20.8%, from $3.38M in 2017 to $8.71M in 2022.

In 2022, Honduras did not export any services to New Zealand.

New Zealand-Honduras Trade: In 2022, New Zealand exported $6.66M to Honduras. The main products that New Zealand exported to Honduras were Concentrated Milk ($5.94M), Lifting Machinery ($291k), and Plastic Housewares ($192k). Over the past 5 years the exports of New Zealand to Honduras have increased at an annualized rate of 42.4%, from $1.14M in 2017 to $6.66M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $8.71M to New Zealand. The main products exported from Honduras to New Zealand were Coffee ($7.07M), Knit T-shirts ($548k), and Non-Knit Active Wear ($314k). During the last 5 years the exports of Honduras to New Zealand have increased at an annualized rate of 20.8%, from $3.38M in 2017 to $8.71M in 2022.

In 2017, New Zealand exported $6.66M to Honduras. The main products exported from New Zealand to Honduras were Concentrated Milk ($5.94M), Lifting Machinery ($291k), and Plastic Housewares ($192k). During the last 5 years the exports of New Zealand to Honduras have increased at an annualized rate of 42.4%, from $1.14M in 2022 to $6.66M in 2017.

Exports from Honduras () to New Zealand () (2022)

Exports from New Zealand () to Honduras () (2022)

Latest Data

Trade between Honduras () and New Zealand ()

Honduras Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

New Zealand
Top DestinationChina$13.1B

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

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

In 2022, countries that imported more from New Zealand than Honduras included China ($13.1B), Australia ($5.35B), and Japan ($2.75B).

Difference in imports from New Zealand () and Honduras () (2022)

Comparative Advantage Honduras - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with New Zealand in the exports of Vegetable Products ($7.07M), Textiles ($1.55M), and Miscellaneous ($34.5k).

During 2017, New Zealand had a large net trade with Honduras in the exports of Animal Products ($5.94M), Plastics and Rubbers ($333k), and Machines ($315k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras New Zealand+$1.3MCoffee

Top Product Potential New Zealand Honduras+$938kConcentrated Milk

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

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to New Zealand () (2022)

Exports from New Zealand () to Honduras () (2022)

Latest Data

Trade between Honduras () and New Zealand ()

Honduras Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Honduras () (2022)

Comparative Advantage Honduras - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Honduras () and New Zealand () (2022)

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