2022
Flag  
GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
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GDP GROWTH
71.2%CURRENT US$
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2022
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 GDP
$2.14TCURRENT US$
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2012-2022
Flag
GDP GROWTH
17%CURRENT US$
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2022
Flag
GDP PC 
$3,040CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
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2022
Flag
GDP PC
$54,966CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
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About

Honduras-Canada In 2022, Honduras exported $372M to Canada. The main products that Honduras exported to Canada are Coffee ($69.8M), Knit T-shirts ($58.6M), and Knit Sweaters ($52.4M). During the last 27 years the exports of Honduras to Canada have increased at an annualized rate of 9.46%, from $32.4M in 1995 to $372M in 2022.

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

Canada-Honduras In 2022, Canada exported $35.4M to Honduras. The main products that Canada exported to Honduras were Potassic Fertilizers ($7.57M), Pig Meat ($4.2M), and Rubberworking Machinery ($1.41M). During the last 27 years the exports of Canada to Honduras have increased at an annualized rate of 2.53%, from $18M in 1995 to $35.4M in 2022.

In 2020, Canada exported services to Honduras worth $6.71M, with Travel ($6.71M) being the largest in terms of value.

Comparison In 2022,  Honduras ranked 86 in the Economic Complexity Index (ECI -0.59), and 97 in total exports ($12.3B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $372M to Canada. The main products exported from Honduras to Canada were Coffee ($69.8M), Knit T-shirts ($58.6M), and Knit Sweaters ($52.4M). During the last 27 years the exports of Honduras to Canada have increased at an annualized rate of 9.46%, from $32.4M in 1995 to $372M in 2022.

In 2022, Canada exported $35.4M to Honduras. The main products exported from Canada to Honduras were Potassic Fertilizers ($7.57M), Pig Meat ($4.2M), and Rubberworking Machinery ($1.41M). During the last 27 years the exports of Canada to Honduras have increased at an annualized rate of 2.53%, from $18M in 1995 to $35.4M in 2022.

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

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

Latest Data

Trade between Honduras (Flag) and Canada (Flag)

Honduras Exports

Canada Exports

Market Competitiveness

Color
Honduras
Top Destination
United States$6.31B
Canada
Top Destination
United States$438B

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

In 2021, countries that imported more from Honduras than Canada were Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

In 2021, countries that imported more from Canada than Honduras were United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Honduras - Canada

Flow
Scale

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

During 2022, Honduras had a large net trade with Canada in the exports of Textiles ($152M), Vegetable Products ($145M), and Machines ($46.8M).

During 2022, Canada had a large net trade with Honduras in the exports of Chemical Products ($8.82M), Machines ($7.46M), and Animal Products ($5.17M).

Service Trade

Bilateral Service Trade

In 2020, Canada exported services to Honduras worth $6.71M, with Travel ($6.71M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Honduras (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Honduras has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Honduras.

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

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