Ghana (GHA) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Ghana-Honduras Trade: In 2021, Ghana exported $591 to Honduras. The main products that Ghana exported to Honduras were N/A. Over the past 5 years the exports of Ghana to Honduras have decreased at an annualized rate of 20.4%, from $1.85k in 2016 to $591 in 2021.

In 2021, Ghana did not export any services to Honduras.

Honduras-Ghana Trade: In 2021, Honduras exported $3.46M to Ghana. The main products that Honduras exported to Ghana were N/A. Over the past 5 years the exports of Honduras to Ghana have increased at an annualized rate of 8.37%, from $544k in 2016 to $3.46M in 2021.

In 2021, Honduras did not export any services to Ghana.

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). 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 2021, Ghana exported $591 to Honduras. There were not main exports from Ghana to Honduras in 2021. During the last 5 years the exports of Ghana to Honduras have decreased at an annualized rate of 20.4%, from $1.85k in 2016 to $591 in 2021.

In 2016, Honduras exported $3.46M to Ghana. There were not main exports from Honduras to Ghana in 2016. During the last 5 years the exports of Honduras to Ghana have increased at an annualized rate of 8.37%, from $544k in 2021 to $3.46M in 2016.

Exports from Ghana () to Honduras () (2021)

Exports from Honduras () to Ghana () (2021)

Latest Data

Trade between Ghana () and Honduras ()

Ghana Exports

Date

Sep 2019

Aug 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Ghana than Honduras included United Arab Emirates ($4.72B), Switzerland ($3.37B), and India ($2.04B).

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

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

Comparative Advantage Ghana - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Ghana had a large net trade with Honduras in the exports of .

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Honduras+$3kRefined Petroleum

Top Product Potential Honduras Ghana+$3.1kInsulated 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 Ghana and Honduras. This means that a dot/product with the flag of Ghana indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Ghana.

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Historical Data

Bilateral Trade by Products

Exports from Ghana () to Honduras () (2021)

Exports from Honduras () to Ghana () (2021)

Latest Data

Trade between Ghana () and Honduras ()

Ghana Exports

Market Competitiveness

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

Comparative Advantage Ghana - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Honduras () (2021)

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