Brazil-Honduras Bilateral Trade Analysis 2023
Complete trade statistics: $234.89M total volume •Brazil surplus: $234.89M
Brazil → Honduras
$234.89M
Exports (2023)
Honduras → Brazil
$0
Imports (2023)
Trade Balance
$234.89M
Surplus for Brazil
Total Trade
$234.89M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Brazil and Honduras. Green line shows exports from Brazil, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brazil-Honduras commercial relationship and competitive positioning in global markets.
Brazil → Honduras Exports
Export Market Intelligence
🎯 Strategic Export Focus
Brazil's export portfolio to Honduras demonstrates strategic specialization, with vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 representing a key competitive advantage in this bilateral market.
Honduras → Brazil Imports
Import Dependency Profile
📦 Import Strategy Analysis
Brazil's import pattern from Honduras reveals significant dependencyin aluminium: waste and scrap, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Brazil demonstrates competitive strength in exportingvehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 to Honduras, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $234.89M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Brazil-Honduras Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $234.89 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Brazil maintains a surplus of $234.89 million
- Export Focus: Brazil's primary exports include vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, mechanical shovels, excavators and shovel loaders: n.e.c. in item no. 8429.50, juice: orange, not frozen, of a brix value exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter
- Import Dependencies: Key imports from Honduras include aluminium: waste and scrap, copper: waste and scrap, insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $234.89M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Brazil leveraging its comparative advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Brazil's specialization in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1complements Honduras's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in aluminium: waste and scrap.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $234.89M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $234.89M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $234.89 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 and aluminium: waste and scrap demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Brazil's trade surplus of $234.89 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Brazil and Honduras represents a total trade volume of $234.89 million in 2023. This partnership demonstrates a favorable trade balance for Brazil, with exports exceeding importsby $234.89 million.
Export Strengths
Brazil's exports to Honduras total $234.89 million, with competitive advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, representing $18.08M or7.7% of bilateral exports.
Import Dependencies
Imports from Honduras amount to $0.00, highlighting economic interdependence in aluminium: waste and scrap, with Aluminium: waste and scrap comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Brazil's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Brazil and Honduras in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023