Ukraine (UKR) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Ukraine-Honduras Trade: In 2023, Ukraine exported $521k to Honduras. The main products that Ukraine exported to Honduras were Packaged Medicaments ($373k), Iron Pipes ($106k), and Valves ($8.93k). Over the past 5 years the exports of Ukraine to Honduras have increased at an annualized rate of 6.84%, from $374k in 2018 to $521k in 2023.

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

Honduras-Ukraine Trade: In 2023, Honduras exported $4.48M to Ukraine. The main products that Honduras exported to Ukraine were Coffee ($3.19M), Bananas ($815k), and Rolled Tobacco ($148k). Over the past 5 years the exports of Honduras to Ukraine have increased at an annualized rate of 0.98%, from $4.27M in 2018 to $4.48M in 2023.

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

Comparison: In 2023, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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, Ukraine exported $521k to Honduras. The main products exported from Ukraine to Honduras were Packaged Medicaments ($373k), Iron Pipes ($106k), and Valves ($8.93k). During the last 5 years the exports of Ukraine to Honduras have increased at an annualized rate of 6.84%, from $374k in 2018 to $521k in 2023.

In 2018, Honduras exported $4.48M to Ukraine. The main products exported from Honduras to Ukraine were Coffee ($3.19M), Bananas ($815k), and Rolled Tobacco ($148k). During the last 5 years the exports of Honduras to Ukraine have increased at an annualized rate of 0.98%, from $4.27M in 2023 to $4.48M in 2018.

Exports from Ukraine () to Honduras () (2023)

Exports from Honduras () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Honduras ()

Ukraine Exports

Date

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$4.83B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Ukraine than Honduras included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

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

Comparative Advantage Ukraine - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ukraine had a large net trade with Honduras in the exports of Chemical Products ($375k), Metals ($106k), and Machines ($23.4k).

During 2018, Honduras had a large net trade with Ukraine in the exports of Vegetable Products ($4.08M), Foodstuffs ($194k), and Textiles ($121k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Honduras+$4.1kCorn

Top Product Potential Honduras Ukraine+$3.88kInsulated 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 Ukraine and Honduras. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Ukraine.

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Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Honduras () (2023)

Exports from Honduras () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Honduras ()

Ukraine Exports

Honduras Exports

Market Competitiveness

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

Comparative Advantage Ukraine - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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