Malawi (MWI) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Malawi-Honduras Trade: In 2023, Malawi exported $2.24k to Honduras. The main products that Malawi exported to Honduras were Motor vehicles; parts and accessories (8701 to 8705) ($2.24k). Over the past 13 years the exports of Malawi to Honduras have decreased at an annualized rate of 28.4%, from $172k in 2010 to $2.24k in 2023.

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

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

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

Comparison In 2023, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index. 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, Malawi exported $2.24k to Honduras. The main products exported from Malawi to Honduras were Motor vehicles; parts and accessories (8701 to 8705) ($2.24k). During the last 13 years the exports of Malawi to Honduras have decreased at an annualized rate of 28.4%, from $172k in 2010 to $2.24k in 2023.

Honduras does not register exports to Malawi.

Exports from Malawi () to Honduras () (2023)

Exports from Honduras () to Malawi () (2023)

Latest Data

Trade between Malawi () and Honduras ()

Malawi Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationGermany$99.1M

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Malawi than Honduras included Zimbabwe ($52.4M), South Africa ($48.2M), and Tanzania ($38.2M).

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

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

Comparative Advantage Malawi - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Malawi had a large net trade with Honduras in the exports of Transportation ($2.24k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Honduras+$1.77kRaw Tobacco

Top Product Potential Honduras Malawi+$1.78kInsulated Wire

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

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Historical Data

Bilateral Trade by Products

Exports from Malawi () to Honduras () (2023)

Exports from Honduras () to Malawi () (2023)

Latest Data

Trade between Malawi () and Honduras ()

Malawi Exports

Market Competitiveness

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

Comparative Advantage Malawi - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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