Barbados (BRB) and Honduras (HND) Trade | The Observatory of Economic Complexity

About

Barbados-Honduras Trade: In 2022, Barbados exported $304k to Honduras. The main products that Barbados exported to Honduras were Scrap Iron ($180k), Pesticides ($61.1k), and Shaving Products ($48.2k). Over the past 5 years the exports of Barbados to Honduras have increased at an annualized rate of 72.2%, from $20.1k in 2017 to $304k in 2022.

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

Honduras-Barbados Trade: In 2022, Honduras exported $381k to Barbados. The main products that Honduras exported to Barbados were Shaped Wood ($212k), Asbestos Cement Articles ($58.8k), and Sawn Wood ($50.5k). Over the past 5 years the exports of Honduras to Barbados have decreased at an annualized rate of 30.5%, from $2.35M in 2017 to $381k in 2022.

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

Comparison In 2022, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index. 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, Barbados exported $304k to Honduras. The main products exported from Barbados to Honduras were Scrap Iron ($180k), Pesticides ($61.1k), and Shaving Products ($48.2k). During the last 5 years the exports of Barbados to Honduras have increased at an annualized rate of 72.2%, from $20.1k in 2017 to $304k in 2022.

In 2017, Honduras exported $381k to Barbados. The main products exported from Honduras to Barbados were Shaped Wood ($212k), Asbestos Cement Articles ($58.8k), and Sawn Wood ($50.5k). During the last 5 years the exports of Honduras to Barbados have decreased at an annualized rate of 30.5%, from $2.35M in 2022 to $381k in 2017.

Exports from Barbados () to Honduras () (2022)

Exports from Honduras () to Barbados () (2022)

Latest Data

Trade between Barbados () and Honduras ()

Barbados Exports

Date

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Barbados than Honduras included Jamaica ($43.3M), Guyana ($29.7M), and Trinidad and Tobago ($33.8M).

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

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

Comparative Advantage Barbados - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with Honduras in the exports of Metals ($180k), Chemical Products ($109k), and Plastics and Rubbers ($10k).

During 2017, Honduras had a large net trade with Barbados in the exports of Wood Products ($273k), Stone And Glass ($58.8k), and Foodstuffs ($43.9k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Barbados () to Honduras () (2022)

Exports from Honduras () to Barbados () (2022)

Latest Data

Trade between Barbados () and Honduras ()

Barbados Exports

Honduras Exports

Market Competitiveness

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

Comparative Advantage Barbados - Honduras

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring