Uzbekistan (UZB) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Uzbekistan-Honduras Trade: In 2023, Uzbekistan exported $609 to Honduras. The main products that Uzbekistan exported to Honduras were Broadcasting Accessories ($609). Over the past 12 years the exports of Uzbekistan to Honduras have increased at an annualized rate of 4.36%, from $365 in 2011 to $609 in 2023.

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

Honduras-Uzbekistan Trade: In 2023, Honduras exported $23.2k to Uzbekistan. The main products that Honduras exported to Uzbekistan were Coffee ($15.8k), Rolled Tobacco ($3.83k), and Soldering and Welding Machinery ($2.58k). Over the past 12 years the exports of Honduras to Uzbekistan have increased at an annualized rate of 102%, from $690 in 2011 to $23.2k in 2023.

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

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). 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, Uzbekistan exported $609 to Honduras. The main products exported from Uzbekistan to Honduras were Broadcasting Accessories ($609). During the last 12 years the exports of Uzbekistan to Honduras have increased at an annualized rate of 4.36%, from $365 in 2011 to $609 in 2023.

In 2018, Honduras exported $23.2k to Uzbekistan. The main products exported from Honduras to Uzbekistan were Coffee ($15.8k), Rolled Tobacco ($3.83k), and Soldering and Welding Machinery ($2.58k). During the last 5 years the exports of Honduras to Uzbekistan have increased at an annualized rate of 102%, from $690 in 2023 to $23.2k in 2018.

Exports from Uzbekistan () to Honduras () (2023)

Exports from Honduras () to Uzbekistan () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Uzbekistan than Honduras included Switzerland ($8.18B), Russia ($3.02B), and United Kingdom ($2.65B).

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

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

Comparative Advantage Uzbekistan - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Honduras in the exports of Machines ($609).

During 2018, Honduras had a large net trade with Uzbekistan in the exports of Vegetable Products ($15.8k), Foodstuffs ($3.83k), and Machines ($2.58k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Honduras+$3.56kNon-Retail Pure Cotton Yarn

Top Product Potential Honduras Uzbekistan+$2.96kInsulated 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 Uzbekistan and Honduras. This means that a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Uzbekistan.

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Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Honduras () (2023)

Exports from Honduras () to Uzbekistan () (2023)

Market Competitiveness

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

Comparative Advantage Uzbekistan - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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