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2022
Flag → Flag
Exports $304kRnk 54 / 139
2022
Flag → Flag
Top Product $180kScrap Iron
2022
Flag → Flag
Exports $381kRnk 78 / 124
2022
Flag → Flag
Top Product $212kShaped Wood
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC $20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

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
Value

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 (Flag) to Honduras (Flag) (2022)

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

Latest Data

Trade between Barbados (Flag) and Honduras (Flag)

Barbados Exports

Honduras Exports

Market Competitiveness

Color
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 (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Honduras

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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