Cambodia (KHM) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Cambodia-Honduras Trade: In 2023, Cambodia exported $1.47M to Honduras. The main products that Cambodia exported to Honduras were Non-Knit Women's Suits ($408k), Leather Footwear ($249k), and Rubber Footwear ($105k). Over the past 5 years the exports of Cambodia to Honduras have decreased at an annualized rate of 16.5%, from $3.61M in 2018 to $1.47M in 2023.

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

Honduras-Cambodia Trade: In 2023, Honduras exported $7.49k to Cambodia. The main products that Honduras exported to Cambodia were Equine and Bovine Hides ($6.3k), Knit T-shirts ($845), and Rolled Tobacco ($295). Over the past 5 years the exports of Honduras to Cambodia have decreased at an annualized rate of 48.3%, from $202k in 2018 to $7.49k in 2023.

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

Comparison: In 2023, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B). 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 2023, Cambodia exported $1.47M to Honduras. The main products exported from Cambodia to Honduras were Non-Knit Women's Suits ($408k), Leather Footwear ($249k), and Rubber Footwear ($105k). During the last 5 years the exports of Cambodia to Honduras have decreased at an annualized rate of 16.5%, from $3.61M in 2018 to $1.47M in 2023.

In 2018, Honduras exported $7.49k to Cambodia. The main products exported from Honduras to Cambodia were Equine and Bovine Hides ($6.3k), Knit T-shirts ($845), and Rolled Tobacco ($295). During the last 5 years the exports of Honduras to Cambodia have decreased at an annualized rate of 48.3%, from $202k in 2023 to $7.49k in 2018.

Exports from Cambodia () to Honduras () (2023)

Exports from Honduras () to Cambodia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cambodia
Top DestinationUnited States$12.2B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Cambodia than Honduras included United States ($12.2B), China ($1.96B), and Japan ($1.9B).

In 2023, countries that imported more from Honduras than Cambodia included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

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

Comparative Advantage Cambodia - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cambodia had a large net trade with Honduras in the exports of Textiles ($979k), Footwear and Headwear ($410k), and Animal Hides ($45.3k).

During 2018, Honduras had a large net trade with Cambodia in the exports of Animal Hides ($6.3k), Textiles ($888), and Foodstuffs ($295).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cambodia Honduras+$112kRubber Footwear

Top Product Potential Honduras Cambodia+$15.5kRolled Tobacco

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

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Historical Data

Bilateral Trade by Products

Exports from Cambodia () to Honduras () (2023)

Exports from Honduras () to Cambodia () (2023)

Market Competitiveness

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

Comparative Advantage Cambodia - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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