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Pricing

2022
Flag → Flag
Exports $210kRnk 117 / 154
2022
Flag → Flag
Top Product $210kCyanides
2022
Flag → Flag
Exports $63.8kRnk 152 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 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 $6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Georgia-Honduras Trade: In 2022, Georgia exported $210k to Honduras. The main products that Georgia exported to Honduras were Cyanides ($210k). Over the past 5 years the exports of Georgia to Honduras have increased at an annualized rate of 123%, from $3.77k in 2017 to $210k in 2022.

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

Honduras-Georgia Trade: In 2022, Honduras exported $63.8k to Georgia. The main products that Honduras exported to Georgia were N/A. Over the past 5 years the exports of Honduras to Georgia have increased at an annualized rate of 2.92%,  from $55.2k in 2017 to $63.8k in 2022.

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

Comparison: In 2022,  Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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, Georgia exported $210k to Honduras. The main products exported from Georgia to Honduras were Cyanides ($210k). During the last 5 years the exports of Georgia to Honduras have increased at an annualized rate of 123%, from $3.77k in 2017 to $210k in 2022.

In 2016, Honduras exported $63.8k to Georgia. There were not main exports from Honduras to Georgia in 2016. During the last 5 years the exports of Honduras to Georgia have increased at an annualized rate of 2.92%, from $55.2k in 2021 to $63.8k in 2016.

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

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

Latest Data

Trade between Georgia (Flag) and Honduras (Flag)

Georgia Exports

Date

Honduras Exports

Date

Market Competitiveness

Color
Georgia
Top DestinationChina$759M
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Georgia than Honduras included China ($759M), Azerbaijan ($668M), and Russia ($642M).

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

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

Comparative Advantage Georgia - Honduras

Flow
Scale

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

During 2022, Georgia had a large net trade with Honduras in the exports of Chemical Products ($210k).

During 2016, Honduras had a large net trade with Georgia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Honduras+$2.43kRefined Petroleum
Top Product Potential Honduras Georgia+$2.43kKnit 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 Georgia and Honduras. This means that a dot/product with the flag of Georgia indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Georgia.

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

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