2022
Flag  
GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Honduras-Kazakhstan Trade: In 2022, Honduras exported $88k to Kazakhstan. The main products that Honduras exported to Kazakhstan were Coffee ($48k), Knit Sweaters ($11.5k), and Non-Knit Women's Undergarments ($6.9k). Over the past 5 years the exports of Honduras to Kazakhstan have increased at an annualized rate of 35.4%, from $19.3k in 2017 to $88k in 2022.

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

Kazakhstan-Honduras In N/A, Kazakhstan did not export any products to Honduras.

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

Comparison: In 2022,  Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $88k to Kazakhstan. The main products exported from Honduras to Kazakhstan were Coffee ($48k), Knit Sweaters ($11.5k), and Non-Knit Women's Undergarments ($6.9k). During the last 5 years the exports of Honduras to Kazakhstan have increased at an annualized rate of 35.4%, from $19.3k in 2017 to $88k in 2022.

Kazakhstan does not register exports to Honduras.

Exports from Honduras (Flag) to Kazakhstan (Flag) (2022)

Exports from Kazakhstan (Flag) to Honduras (Flag) (2022)

Market Competitiveness

Color
Honduras
Top Destination
United States$6.31B
Kazakhstan
Top Destination
China$13.4B

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

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

In 2022, countries that imported more from Kazakhstan than Honduras included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

Difference in imports from Kazakhstan (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - Kazakhstan

Flow
Scale

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

During 2022, Honduras had a large net trade with Kazakhstan in the exports of Vegetable Products ($53.8k), Textiles ($27.4k), and Foodstuffs ($5.36k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Kazakhstan+$156kCoffee
Top Product Potential Kazakhstan Honduras+$4.34kRefined Petroleum

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

This visualization shows the product space at the HS4 level with the flags of Honduras and Kazakhstan. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Honduras.

Product Space of Honduras (Flag) and Kazakhstan (Flag) (2022)

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