Honduras (HND) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Honduras-Venezuela Trade: In 2021, Honduras exported $257k to Venezuela. The main products that Honduras exported to Venezuela were N/A. Over the past 5 years the exports of Honduras to Venezuela have decreased at an annualized rate of 53.6%, from $11.9M in 2016 to $257k in 2021.

In 2021, Honduras did not export any services to Venezuela.

Venezuela-Honduras Trade: In 2021, Venezuela exported $565k to Honduras. The main products that Venezuela exported to Honduras were N/A. Over the past 5 years the exports of Venezuela to Honduras have decreased at an annualized rate of 15.7%, from $1.33M in 2016 to $565k in 2021.

In 2021, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Honduras exported $257k to Venezuela. There were not main exports from Honduras to Venezuela in 2021. During the last 5 years the exports of Honduras to Venezuela have decreased at an annualized rate of 53.6%, from $11.9M in 2016 to $257k in 2021.

In 2016, Venezuela exported $565k to Honduras. There were not main exports from Venezuela to Honduras in 2016. During the last 5 years the exports of Venezuela to Honduras have decreased at an annualized rate of 15.7%, from $1.33M in 2021 to $565k in 2016.

Exports from Honduras () to Venezuela () (2021)

Exports from Venezuela () to Honduras () (2021)

Latest Data

Trade between Honduras () and Venezuela ()

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Venezuela
Top DestinationChina$703M

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

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

In 2022, countries that imported more from Venezuela than Honduras included China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Honduras - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Honduras had a large net trade with Venezuela in the exports of .

During 2016, Venezuela had a large net trade with Honduras in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Honduras and Venezuela. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Honduras.

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Venezuela () (2021)

Exports from Venezuela () to Honduras () (2021)

Latest Data

Trade between Honduras () and Venezuela ()

Honduras Exports

Market Competitiveness

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

Comparative Advantage Honduras - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Honduras () and Venezuela () (2021)

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