Namibia (NAM) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Namibia-Honduras Trade: In 2021, Namibia exported $97 to Honduras. The main products that Namibia exported to Honduras were N/A. Over the past 18 years the exports of Namibia to Honduras have decreased at an annualized rate of 20.8%, from $6.47k in 2003 to $97 in 2021.

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

Honduras-Namibia Trade: In 2021, Honduras exported $1.54k to Namibia. The main products that Honduras exported to Namibia were Coffee ($961), Knit Women's Undergarments ($182), and Knit T-shirts ($182). Over the past 18 years the exports of Honduras to Namibia have increased at an annualized rate of 141%, from $19 in 2003 to $1.54k in 2021.

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

Comparison: In 2022, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Namibia exported $97 to Honduras. There were not main exports from Namibia to Honduras in 2021. During the last 18 years the exports of Namibia to Honduras have decreased at an annualized rate of 20.8%, from $6.47k in 2003 to $97 in 2021.

In 2017, Honduras exported $1.54k to Namibia. The main products exported from Honduras to Namibia were Coffee ($961), Knit Women's Undergarments ($182), and Knit T-shirts ($182). During the last 5 years the exports of Honduras to Namibia have increased at an annualized rate of 141%, from $19 in 2022 to $1.54k in 2017.

Exports from Namibia () to Honduras () (2022)

Exports from Honduras () to Namibia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Namibia than Honduras included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

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

Comparative Advantage Namibia - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Honduras had a large net trade with Namibia in the exports of Vegetable Products ($961) and Textiles ($576).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Honduras+$3.05kRefined Petroleum

Top Product Potential Honduras Namibia+$7.67kCoffee

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Honduras () (2022)

Exports from Honduras () to Namibia () (2022)

Market Competitiveness

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

Comparative Advantage Namibia - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and Honduras () (2022)

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