Gabon (GAB) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Gabon-Honduras Trade: In 2023, Gabon exported $107k to Honduras. The main products that Gabon exported to Honduras were Sawn Wood ($107k). Over the past 5 years the exports of Gabon to Honduras have decreased at an annualized rate of 17.1%, from $272k in 2018 to $107k in 2023.

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

Honduras-Gabon Trade: In 2023, Honduras exported $2.76k to Gabon. The main products that Honduras exported to Gabon were Knit T-shirts ($1.2k), Packaged Medicaments ($494), and Hand Tools ($465). Over the past 5 years the exports of Honduras to Gabon have decreased at an annualized rate of 35.9%, from $39.6k in 2018 to $2.76k in 2023.

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

Comparison: In 2023, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $107k to Honduras. The main products exported from Gabon to Honduras were Sawn Wood ($107k). During the last 5 years the exports of Gabon to Honduras have decreased at an annualized rate of 17.1%, from $272k in 2018 to $107k in 2023.

In 2018, Honduras exported $2.76k to Gabon. The main products exported from Honduras to Gabon were Knit T-shirts ($1.2k), Packaged Medicaments ($494), and Hand Tools ($465). During the last 5 years the exports of Honduras to Gabon have decreased at an annualized rate of 35.9%, from $39.6k in 2023 to $2.76k in 2018.

Exports from Gabon () to Honduras () (2023)

Exports from Honduras () to Gabon () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Gabon than Honduras included China ($2.77B), Indonesia ($875M), and Israel ($680M).

In 2023, countries that imported more from Honduras than Gabon included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

Difference in imports from Honduras () and Gabon () (2023)

Comparative Advantage Gabon - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Honduras in the exports of Wood Products ($107k).

During 2018, Honduras had a large net trade with Gabon in the exports of Textiles ($1.65k), Chemical Products ($494), and Metals ($465).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Honduras+$2.66kRefined Petroleum

Top Product Potential Honduras Gabon+$2.05kInsulated Wire

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Honduras () (2023)

Exports from Honduras () to Gabon () (2023)

Market Competitiveness

Difference in imports from Honduras () and Gabon () (2023)

Comparative Advantage Gabon - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Honduras () (2023)

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