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2023
Flag → Flag
Exports $9.35MRnk 167 / 216
2023
Flag → Flag
Top Product $2.76MRaw Aluminium
2023
Flag → Flag
Exports $11.8MRnk 33 / 142
2023
Flag → Flag
Top Product $2.59MCrustaceans
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

United Arab Emirates-Honduras Trade: In 2023, United Arab Emirates exported $9.35M to Honduras. The main products that United Arab Emirates exported to Honduras were Raw Aluminium ($2.76M), Refined Petroleum ($2.31M), and Cars ($1.44M). Over the past 5 years the exports of United Arab Emirates to Honduras have increased at an annualized rate of 34.8%, from $2.1M in 2018 to $9.35M in 2023.

In 2023, United Arab Emirates did not export any services to Honduras.

Honduras-United Arab Emirates Trade: In 2023, Honduras exported $11.8M to United Arab Emirates. The main products that Honduras exported to United Arab Emirates were Crustaceans ($2.59M), Coffee ($2.13M), and Knit T-shirts ($1.94M). Over the past 5 years the exports of Honduras to United Arab Emirates have decreased at an annualized rate of 4.34%,  from $14.7M in 2018 to $11.8M in 2023.

In 2023, Honduras did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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
Value

In 2023, United Arab Emirates exported $9.35M to Honduras. The main products exported from United Arab Emirates to Honduras were Raw Aluminium ($2.76M), Refined Petroleum ($2.31M), and Cars ($1.44M). During the last 5 years the exports of United Arab Emirates to Honduras have increased at an annualized rate of 34.8%, from $2.1M in 2018 to $9.35M in 2023.

In 2018, Honduras exported $11.8M to United Arab Emirates. The main products exported from Honduras to United Arab Emirates were Crustaceans ($2.59M), Coffee ($2.13M), and Knit T-shirts ($1.94M). During the last 5 years the exports of Honduras to United Arab Emirates have decreased at an annualized rate of 4.34%, from $14.7M in 2023 to $11.8M in 2018.

Exports from United Arab Emirates (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Honduras (Flag)

United Arab Emirates Exports

Honduras Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from United Arab Emirates than Honduras included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Honduras than United Arab Emirates included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

Difference in imports from Honduras (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Honduras

Flow
Scale

This chart compares trade between United Arab Emirates and Honduras by product, considering products traded by both, United Arab Emirates and Honduras.

During 2023, United Arab Emirates had a large net trade with Honduras in the exports of Metals ($3.13M), Mineral Products ($2.31M), and Transportation ($1.56M).

During 2018, Honduras had a large net trade with United Arab Emirates in the exports of Textiles ($4.08M), Vegetable Products ($3.5M), and Animal Products ($2.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Honduras+$5.36MRefined Petroleum
Top Product Potential Honduras United Arab Emirates+$3.18MKnit T-shirts

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 United Arab Emirates and Honduras. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Honduras (Flag) (2023)

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