Papua New Guinea (PNG) and Honduras (HND) Trade | The Observatory of Economic Complexity

About

Papua New Guinea-Honduras Trade: In 2021, Papua New Guinea exported $171k to Honduras. The main products that Papua New Guinea exported to Honduras were N/A. Over the past 10 years the exports of Papua New Guinea to Honduras have decreased at an annualized rate of 7.66%, from $380k in 2011 to $171k in 2021.

In 2021, Papua New Guinea did not export any services to Honduras.

Honduras-Papua New Guinea In N/A, Honduras did not export any products to Papua New Guinea.

In 2021, Honduras did not export any services to Papua New Guinea.

Comparison: In 2022, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B). 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, Papua New Guinea exported $171k to Honduras. There were not main exports from Papua New Guinea to Honduras in 2021. During the last 10 years the exports of Papua New Guinea to Honduras have decreased at an annualized rate of 7.66%, from $380k in 2011 to $171k in 2021.

Honduras does not register exports to Papua New Guinea.

Exports from Papua New Guinea () to Honduras () (2021)

Exports from Honduras () to Papua New Guinea () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Papua New Guinea
Top DestinationJapan$4.03B

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Papua New Guinea than Honduras included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

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

Difference in imports from Honduras () and Papua New Guinea () (2022)

Comparative Advantage Papua New Guinea - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Papua New Guinea and Honduras by product, considering products traded by both, Papua New Guinea and Honduras.

During 2021, Papua New Guinea had a large net trade with Honduras in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Papua New Guinea Honduras+$4.06kPetroleum Gas

Top Product Potential Honduras Papua New Guinea+$2kInsulated 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Papua New Guinea () to Honduras () (2021)

Exports from Honduras () to Papua New Guinea () (2021)

Market Competitiveness

Difference in imports from Honduras () and Papua New Guinea () (2022)

Comparative Advantage Papua New Guinea - Honduras

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Papua New Guinea () and Honduras () (2021)

Keep Exploring