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Pricing

2023
Flag → Flag
Exports $16.9MRnk 79 / 138
2023
Flag → Flag
Top Product $2.75MNon-Knit Men's Suits
2023
Flag → Flag
Exports $6.03MRnk 47 / 142
2023
Flag → Flag
Top Product $2.52MTextile Processing Machines
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Bangladesh-Honduras Trade: In 2023, Bangladesh exported $16.9M to Honduras. The main products that Bangladesh exported to Honduras were Non-Knit Men's Suits ($2.75M), Knit T-shirts ($2.62M), and Non-Knit Women's Suits ($2.3M). Over the past 6 years the exports of Bangladesh to Honduras have increased at an annualized rate of 18.1%, from $6.22M in 2017 to $16.9M in 2023.

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

Honduras-Bangladesh Trade: In 2023, Honduras exported $6.03M to Bangladesh. The main products that Honduras exported to Bangladesh were Textile Processing Machines ($2.52M), Dyeing Finishing Agents ($1.65M), and Knitting Machines ($922k). Over the past 6 years the exports of Honduras to Bangladesh have increased at an annualized rate of 35.1%,  from $1.34M in 2017 to $6.03M in 2023.

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

Comparison: In 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). 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, Bangladesh exported $16.9M to Honduras. The main products exported from Bangladesh to Honduras were Non-Knit Men's Suits ($2.75M), Knit T-shirts ($2.62M), and Non-Knit Women's Suits ($2.3M). During the last 6 years the exports of Bangladesh to Honduras have increased at an annualized rate of 18.1%, from $6.22M in 2017 to $16.9M in 2023.

In 2018, Honduras exported $6.03M to Bangladesh. The main products exported from Honduras to Bangladesh were Textile Processing Machines ($2.52M), Dyeing Finishing Agents ($1.65M), and Knitting Machines ($922k). During the last 5 years the exports of Honduras to Bangladesh have increased at an annualized rate of 35.1%, from $1.34M in 2023 to $6.03M in 2018.

Exports from Bangladesh (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Bangladesh (Flag) (2023)

Latest Data

Trade between Bangladesh (Flag) and Honduras (Flag)

Honduras Exports

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Bangladesh than Honduras included Germany ($8.28B), United Kingdom ($4.25B), and Spain ($3.95B).

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

Difference in imports from Honduras (Flag) and Bangladesh (Flag) (2023)

Comparative Advantage Bangladesh - Honduras

Flow
Scale

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

During 2023, Bangladesh had a large net trade with Honduras in the exports of Textiles ($14M), Footwear and Headwear ($2.13M), and Chemical Products ($630k).

During 2018, Honduras had a large net trade with Bangladesh in the exports of Machines ($4.11M), Chemical Products ($1.65M), and Plastics and Rubbers ($123k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Honduras+$4.89kKnit T-shirts
Top Product Potential Honduras Bangladesh+$4.44kPalm Oil

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

Product Space of Bangladesh (Flag) and Honduras (Flag) (2023)

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