Tanzania (TZA) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Tanzania-Honduras Trade: In 2021, Tanzania exported $249 to Honduras. The main products that Tanzania exported to Honduras were N/A. Over the past 5 years the exports of Tanzania to Honduras have decreased at an annualized rate of 75.6%, from $287k in 2016 to $249 in 2021.

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

Honduras-Tanzania Trade: In 2021, Honduras exported $28k to Tanzania. The main products that Honduras exported to Tanzania were Used Clothing ($27.5k), Other Knit Garments ($309), and Brooms ($175). Over the past 5 years the exports of Honduras to Tanzania have decreased at an annualized rate of 33.1%, from $209k in 2016 to $28k in 2021.

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

Comparison: In 2022, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). 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, Tanzania exported $249 to Honduras. There were not main exports from Tanzania to Honduras in 2021. During the last 5 years the exports of Tanzania to Honduras have decreased at an annualized rate of 75.6%, from $287k in 2016 to $249 in 2021.

In 2017, Honduras exported $28k to Tanzania. The main products exported from Honduras to Tanzania were Used Clothing ($27.5k), Other Knit Garments ($309), and Brooms ($175). During the last 5 years the exports of Honduras to Tanzania have decreased at an annualized rate of 33.1%, from $209k in 2022 to $28k in 2017.

Exports from Tanzania () to Honduras () (2022)

Exports from Honduras () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Honduras ()

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Tanzania than Honduras included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

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

Comparative Advantage Tanzania - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Honduras had a large net trade with Tanzania in the exports of Textiles ($27.9k) and Miscellaneous ($175).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Honduras+$2.59kCorn

Top Product Potential Honduras Tanzania+$29.2kUsed Clothing

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

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Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Honduras () (2022)

Exports from Honduras () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Honduras ()

Honduras Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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