Honduras (HND) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Honduras-Rwanda Trade: In 2022, Honduras exported $246 to Rwanda. The main products that Honduras exported to Rwanda were Non-Knit Active Wear ($246). Over the past 6 years the exports of Honduras to Rwanda have decreased at an annualized rate of 16.8%, from $740 in 2016 to $246 in 2022.

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

Rwanda-Honduras In N/A, Rwanda did not export any products to Honduras.

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $246 to Rwanda. The main products exported from Honduras to Rwanda were Non-Knit Active Wear ($246). During the last 6 years the exports of Honduras to Rwanda have decreased at an annualized rate of 16.8%, from $740 in 2016 to $246 in 2022.

Rwanda does not register exports to Honduras.

Exports from Honduras () to Rwanda () (2022)

Exports from Rwanda () to Honduras () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Rwanda
Top DestinationUnited Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Honduras included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

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

Comparative Advantage Honduras - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Rwanda in the exports of Textiles ($246).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Rwanda+$1.75kInsulated Wire

Top Product Potential Rwanda Honduras+$1.47kMalt Extract

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

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Rwanda () (2022)

Exports from Rwanda () to Honduras () (2022)

Market Competitiveness

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

Comparative Advantage Honduras - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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