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Pricing

2021
Flag → Flag
Exports $16.2kRnk 72 / 0
2021
Flag → Flag
Exports $219kRnk 186 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 77 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC $3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH60.2%CURRENT US$
Rnk 27 / 186

About

Honduras-Albania Trade: In 2021, Honduras exported $16.2k to Albania. The main products that Honduras exported to Albania were N/A. Over the past 6 years the exports of Honduras to Albania have decreased at an annualized rate of 27.5%, from $111k in 2015 to $16.2k in 2021.

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

Albania-Honduras In N/A, Albania did not export any products to Honduras.

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

Comparison: In 2022,  Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Honduras exported $16.2k to Albania. There were not main exports from Honduras to Albania in 2021. During the last 6 years the exports of Honduras to Albania have decreased at an annualized rate of 27.5%, from $111k in 2015 to $16.2k in 2021.

Albania does not register exports to Honduras.

Exports from Honduras (Flag) to Albania (Flag) (2021)

Exports from Albania (Flag) to Honduras (Flag) (2021)

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Albania
Top DestinationItaly$1.75B

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

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

In 2022, countries that imported more from Albania than Honduras included Italy ($1.75B), Greece ($421M), and Spain ($309M).

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

Comparative Advantage Honduras - Albania

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Albania+$2.46kInsulated Wire
Top Product Potential Albania Honduras+$2.11kRefined Petroleum

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 Honduras and Albania. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Honduras.

Product Space of Honduras (Flag) and Albania (Flag) (2021)

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