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

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Uzbekistan-Honduras Trade: In 2022, Uzbekistan exported $83.6k to Honduras. The main products that Uzbekistan exported to Honduras were Non-Retail Pure Cotton Yarn ($83.6k). Over the past 13 years the exports of Uzbekistan to Honduras have increased at an annualized rate of 76.5%, from $52 in 2009 to $83.6k in 2022.

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

Honduras-Uzbekistan Trade: In 2022, Honduras exported $62.8k to Uzbekistan. The main products that Honduras exported to Uzbekistan were Coffee ($31.3k), Low-voltage Protection Equipment ($30.5k), and Interchangeable Tool Parts ($787). Over the past 13 years the exports of Honduras to Uzbekistan have increased at an annualized rate of 85.6%, from $1.53k in 2009 to $62.8k in 2022.

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

Comparison: In 2022, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). 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, Uzbekistan exported $83.6k to Honduras. The main products exported from Uzbekistan to Honduras were Non-Retail Pure Cotton Yarn ($83.6k). During the last 13 years the exports of Uzbekistan to Honduras have increased at an annualized rate of 76.5%, from $52 in 2009 to $83.6k in 2022.

In 2017, Honduras exported $62.8k to Uzbekistan. The main products exported from Honduras to Uzbekistan were Coffee ($31.3k), Low-voltage Protection Equipment ($30.5k), and Interchangeable Tool Parts ($787). During the last 5 years the exports of Honduras to Uzbekistan have increased at an annualized rate of 85.6%, from $1.53k in 2022 to $62.8k in 2017.

Exports from Uzbekistan () to Honduras () (2022)

Exports from Honduras () to Uzbekistan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Honduras
Top DestinationUnited States$6.31B

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 2022, countries that imported more from Uzbekistan than Honduras included Switzerland ($4.29B), Russia ($2.6B), and China ($1.98B).

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

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

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 2022, Uzbekistan had a large net trade with Honduras in the exports of Textiles ($83.6k).

During 2017, Honduras had a large net trade with Uzbekistan in the exports of Vegetable Products ($31.3k), Machines ($30.5k), and Metals ($787).

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.

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Honduras () (2022)

Exports from Honduras () to Uzbekistan () (2022)

Market Competitiveness

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

Comparative Advantage Uzbekistan - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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