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2023
Flag → Flag
Exports $8.36MRnk 41 / 142
2023
Flag → Flag
Top Product $2.05MPlastic Lids
2023
Flag → Flag
Exports $14.3MRnk 7 / 127
2023
Flag → Flag
Top Product $14.1MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
 GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC $3,232CURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195

About

Honduras-Belize Trade: In 2023, Honduras exported $8.36M to Belize. The main products that Honduras exported to Belize were Plastic Lids ($2.05M), Sawn Wood ($1.12M), and Animal Food ($1.01M). Over the past 5 years the exports of Honduras to Belize have decreased at an annualized rate of 18.5%, from $23.2M in 2018 to $8.36M in 2023.

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

Belize-Honduras Trade: In 2023, Belize exported $14.3M to Honduras. The main products that Belize exported to Honduras were Rolled Tobacco ($14.1M), Sauces and Seasonings ($54.1k), and Fruit Juice ($45.9k). Over the past 5 years the exports of Belize to Honduras have increased at an annualized rate of 22.2%,  from $5.23M in 2018 to $14.3M in 2023.

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

Comparison In 2023,  Honduras ranked 88 in the Economic Complexity Index (ECI -0.53),  and 95 in total exports ($11.9B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Honduras exported $8.36M to Belize. The main products exported from Honduras to Belize were Plastic Lids ($2.05M), Sawn Wood ($1.12M), and Animal Food ($1.01M). During the last 5 years the exports of Honduras to Belize have decreased at an annualized rate of 18.5%, from $23.2M in 2018 to $8.36M in 2023.

In 2018, Belize exported $14.3M to Honduras. The main products exported from Belize to Honduras were Rolled Tobacco ($14.1M), Sauces and Seasonings ($54.1k), and Fruit Juice ($45.9k). During the last 5 years the exports of Belize to Honduras have increased at an annualized rate of 22.2%, from $5.23M in 2023 to $14.3M in 2018.

Exports from Honduras (Flag) to Belize (Flag) (2023)

Exports from Belize (Flag) to Honduras (Flag) (2023)

Latest Data

Trade between Honduras (Flag) and Belize (Flag)

Honduras Exports

Belize Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$5.87B
Belize
Top DestinationUnited States$86.2M

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

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

In 2023, countries that imported more from Belize than Honduras included Cote d'Ivoire ($13.6M), Trinidad and Tobago ($15.5M), and Portugal ($18.5M).

Difference in imports from Belize (Flag) and Honduras (Flag) (2023)

Comparative Advantage Honduras - Belize

Flow
Scale

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

During 2023, Honduras had a large net trade with Belize in the exports of Plastics and Rubbers ($2.28M), Foodstuffs ($1.45M), and Wood Products ($1.15M).

During 2018, Belize had a large net trade with Honduras in the exports of Foodstuffs ($14.2M), Machines ($6.68k), and Plastics and Rubbers ($6.36k).

Economic Complexity

Competitive Landscape

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

Product Space of Honduras (Flag) and Belize (Flag) (2023)

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