Honduras (HND) and Papua New Guinea (PNG) Trade | The Observatory of Economic Complexity

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Honduras-Papua New Guinea Trade: In 2020, Honduras exported $1.78k to Papua New Guinea. The main products that Honduras exported to Papua New Guinea were N/A. Over the past 20 years the exports of Honduras to Papua New Guinea have increased at an annualized rate of 4.61%, from $720 in 2000 to $1.78k in 2020.

In 2020, Honduras did not export any services to Papua New Guinea.

Papua New Guinea-Honduras Trade: In 2020, Papua New Guinea exported $171k to Honduras. The main products that Papua New Guinea exported to Honduras were N/A. Over the past 20 years the exports of Papua New Guinea to Honduras have increased at an annualized rate of 118%, from $3.47k in 2000 to $171k in 2020.

In 2020, Papua New Guinea 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, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Honduras exported $1.78k to Papua New Guinea. There were not main exports from Honduras to Papua New Guinea in 2020. During the last 20 years the exports of Honduras to Papua New Guinea have increased at an annualized rate of 4.61%, from $720 in 2000 to $1.78k in 2020.

In 2016, Papua New Guinea exported $171k to Honduras. There were not main exports from Papua New Guinea to Honduras in 2016. During the last 5 years the exports of Papua New Guinea to Honduras have increased at an annualized rate of 118%, from $3.47k in 2021 to $171k in 2016.

Exports from Honduras () to Papua New Guinea () (2021)

Exports from Papua New Guinea () to Honduras () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Papua New Guinea
Top DestinationJapan$4.03B

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

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

In 2022, countries that imported more from Papua New Guinea than Honduras included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

Difference in imports from Papua New Guinea () and Honduras () (2022)

Comparative Advantage Honduras - Papua New Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Honduras had a large net trade with Papua New Guinea in the exports of .

During 2016, Papua New Guinea 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 Papua New Guinea+$2kInsulated Wire

Top Product Potential Papua New Guinea Honduras+$4.06kPetroleum Gas

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

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Papua New Guinea () (2021)

Exports from Papua New Guinea () to Honduras () (2021)

Market Competitiveness

Difference in imports from Papua New Guinea () and Honduras () (2022)

Comparative Advantage Honduras - Papua New Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Honduras () and Papua New Guinea () (2021)

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