Honduras (HND) and Uzbekistan (UZB) Trade | The Observatory of Economic Complexity

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Honduras-Uzbekistan Trade: In 2023, Honduras exported $23.2k to Uzbekistan. The main products that Honduras exported to Uzbekistan were Coffee ($15.8k), Rolled Tobacco ($3.83k), and Soldering and Welding Machinery ($2.58k). Over the past 5 years the exports of Honduras to Uzbekistan have increased at an annualized rate of 102%, from $690 in 2018 to $23.2k in 2023.

In 2023, Honduras did not export any services to Uzbekistan.

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

In 2023, Uzbekistan did not export any services to Honduras.

Comparison: In 2023, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B). That same year, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Honduras exported $23.2k to Uzbekistan. The main products exported from Honduras to Uzbekistan were Coffee ($15.8k), Rolled Tobacco ($3.83k), and Soldering and Welding Machinery ($2.58k). During the last 5 years the exports of Honduras to Uzbekistan have increased at an annualized rate of 102%, from $690 in 2018 to $23.2k in 2023.

Uzbekistan does not register exports to Honduras. The main products exported from Uzbekistan to Honduras were Broadcasting Accessories ($609).

Exports from Honduras () to Uzbekistan () (2023)

Exports from Uzbekistan () to Honduras () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$5.87B

Uzbekistan
Top DestinationSwitzerland$8.18B

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

In 2023, countries that imported more from Honduras than Uzbekistan included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

In 2023, countries that imported more from Uzbekistan than Honduras included Switzerland ($8.18B), Russia ($3.02B), and United Kingdom ($2.65B).

Difference in imports from Uzbekistan () and Honduras () (2023)

Comparative Advantage Honduras - Uzbekistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Honduras had a large net trade with Uzbekistan in the exports of Vegetable Products ($15.8k), Foodstuffs ($3.83k), and Machines ($2.58k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Uzbekistan+$2.96kInsulated Wire

Top Product Potential Uzbekistan Honduras+$3.56kNon-Retail Pure Cotton 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 Uzbekistan. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Honduras.

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Uzbekistan () (2023)

Exports from Uzbekistan () to Honduras () (2023)

Market Competitiveness

Difference in imports from Uzbekistan () and Honduras () (2023)

Comparative Advantage Honduras - Uzbekistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Honduras () and Uzbekistan () (2023)

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