2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

China-Honduras Trade: In 2022, China exported $1.56B to Honduras. The main products that China exported to Honduras were Coated Flat-Rolled Iron ($227M), Motorcycles and cycles ($75.7M), and Rubber Tires ($36.5M). Over the past 5 years the exports of China to Honduras have increased at an annualized rate of 6.9%, from $1.12B in 2017 to $1.56B in 2022.

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

Honduras-China Trade: In 2022, Honduras exported $28.1M to China. The main products that Honduras exported to China were Scrap Copper ($10.9M), Knit T-shirts ($5.99M), and Electrical Power Accessories ($2.64M). Over the past 5 years the exports of Honduras to China have decreased at an annualized rate of 6.95%,  from $40.2M in 2017 to $28.1M in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $1.56B to Honduras. The main products exported from China to Honduras were Coated Flat-Rolled Iron ($227M), Motorcycles and cycles ($75.7M), and Rubber Tires ($36.5M). During the last 5 years the exports of China to Honduras have increased at an annualized rate of 6.9%, from $1.12B in 2017 to $1.56B in 2022.

In 2017, Honduras exported $28.1M to China. The main products exported from Honduras to China were Scrap Copper ($10.9M), Knit T-shirts ($5.99M), and Electrical Power Accessories ($2.64M). During the last 5 years the exports of Honduras to China have decreased at an annualized rate of 6.95%, from $40.2M in 2022 to $28.1M in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
N/AN/A
Honduras
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Honduras (Flag) and China (Flag) (2022)

Comparative Advantage China - Honduras

Flow
Scale

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

During 2022, China had a large net trade with Honduras in the exports of Metals ($396M), Machines ($367M), and Plastics and Rubbers ($164M).

During 2017, Honduras had a large net trade with China in the exports of Metals ($11.1M), Textiles ($9.92M), and Machines ($4.17M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Honduras+$34.2MTelephones
Top Product Potential Honduras China+$10.9MKnit 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 China and Honduras. This means that a dot/product with the flag of China indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over China.

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

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