Romania (ROU) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Romania-Honduras Trade: In 2022, Romania exported $1.21M to Honduras. The main products that Romania exported to Honduras were Wood Fiberboard ($647k), Electric Heaters ($414k), and Electrical Power Accessories ($72.9k). Over the past 5 years the exports of Romania to Honduras have increased at an annualized rate of 6.78%, from $871k in 2017 to $1.21M in 2022.

In 2022, Romania did not export any services to Honduras.

Honduras-Romania Trade: In 2022, Honduras exported $556k to Romania. The main products that Honduras exported to Romania were Rolled Tobacco ($288k), Coffee ($203k), and Insulated Wire ($28.2k). Over the past 5 years the exports of Honduras to Romania have decreased at an annualized rate of 18.9%, from $1.58M in 2017 to $556k in 2022.

In 2022, Honduras did not export any services to Romania.

Comparison: In 2022, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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 2022, Romania exported $1.21M to Honduras. The main products exported from Romania to Honduras were Wood Fiberboard ($647k), Electric Heaters ($414k), and Electrical Power Accessories ($72.9k). During the last 5 years the exports of Romania to Honduras have increased at an annualized rate of 6.78%, from $871k in 2017 to $1.21M in 2022.

In 2017, Honduras exported $556k to Romania. The main products exported from Honduras to Romania were Rolled Tobacco ($288k), Coffee ($203k), and Insulated Wire ($28.2k). During the last 5 years the exports of Honduras to Romania have decreased at an annualized rate of 18.9%, from $1.58M in 2022 to $556k in 2017.

Exports from Romania () to Honduras () (2022)

Exports from Honduras () to Romania () (2022)

Latest Data

Trade between Romania () and Honduras ()

Romania Exports

Date

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Romania than Honduras included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

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

Comparative Advantage Romania - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Honduras in the exports of N/A.

During 2017, Honduras had a large net trade with Romania in the exports of Foodstuffs ($288k), Vegetable Products ($203k), and Machines ($40.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Honduras+$420kElectric Heaters

Top Product Potential Honduras Romania+$680kCoffee

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

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Honduras () (2022)

Exports from Honduras () to Romania () (2022)

Latest Data

Trade between Romania () and Honduras ()

Romania Exports

Honduras Exports

Market Competitiveness

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

Comparative Advantage Romania - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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