Kyrgyzstan (KGZ) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Kyrgyzstan-Honduras Trade: In 2019, Kyrgyzstan exported $95 to Honduras. The main products that Kyrgyzstan exported to Honduras were N/A. Over the past 17 years the exports of Kyrgyzstan to Honduras have decreased at an annualized rate of 27.4%, from $22.2k in 2002 to $95 in 2019.

In 2009, Kyrgyzstan exported services to Honduras worth $0, with being the largest in terms of value.

Honduras-Kyrgyzstan Trade: In 2019, Honduras exported $7.3k to Kyrgyzstan. The main products that Honduras exported to Kyrgyzstan were Rolled Tobacco ($7.26k) and Knit Sweaters ($37). Over the past 17 years the exports of Honduras to Kyrgyzstan have increased at an annualized rate of 21.9%, from $206 in 2002 to $7.3k in 2019.

In 2019, Honduras did not export any services to Kyrgyzstan.

Comparison: In 2023, Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Kyrgyzstan exported $95 to Honduras. There were not main exports from Kyrgyzstan to Honduras in 2019. During the last 17 years the exports of Kyrgyzstan to Honduras have decreased at an annualized rate of 27.4%, from $22.2k in 2002 to $95 in 2019.

In 2018, Honduras exported $7.3k to Kyrgyzstan. The main products exported from Honduras to Kyrgyzstan were Rolled Tobacco ($7.26k) and Knit Sweaters ($37). During the last 5 years the exports of Honduras to Kyrgyzstan have increased at an annualized rate of 21.9%, from $206 in 2023 to $7.3k in 2018.

Exports from Kyrgyzstan () to Honduras () (2023)

Exports from Honduras () to Kyrgyzstan () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kyrgyzstan
Top DestinationSwitzerland$1.18B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Kyrgyzstan than Honduras included Switzerland ($1.18B), Russia ($746M), and Kazakhstan ($559M).

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

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

Comparative Advantage Kyrgyzstan - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Kyrgyzstan had a large net trade with Honduras in the exports of .

During 2018, Honduras had a large net trade with Kyrgyzstan in the exports of Foodstuffs ($7.26k) and Textiles ($37).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kyrgyzstan Honduras+$2.84kRefined Petroleum

Top Product Potential Honduras Kyrgyzstan+$3.74kKnit Sweaters

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

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Historical Data

Bilateral Trade by Products

Exports from Kyrgyzstan () to Honduras () (2023)

Exports from Honduras () to Kyrgyzstan () (2023)

Market Competitiveness

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

Comparative Advantage Kyrgyzstan - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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