Flag Honduras / North Korea Flag

2019
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Exports
: $7.73M, Rnk 39 / 139

2019
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Top Product
: $7.65M, Coffee

2019
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Exports
: $1.42M, Rnk 20 / 92

2019
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Top Product
: $488k, Cars

2019
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Economic Complexity (ECI)
: ECI -0.48, Rnk 94 / 146

2019
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GDP
: $25.1B, CURRENT US$
Rnk 103 / 187

2009-2019
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GDP GROWTH
: 72%, CURRENT US$
Rnk 56 / 187

2019
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GDP PC 
: $2,575, CURRENT US$
Rnk 135 / 187

2009-2019
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GDP PC GROWTH
: 43.9%, CURRENT US$
Rnk 67 / 187

Honduras-North Korea In 2019, Honduras exported $7.73M to North Korea. The main products that Honduras exported to North Korea are Coffee ($7.65M) and Scrap Iron ($86.8k). During the last 24 years the exports of Honduras to North Korea have decreased at an annualized rate of 3.48%, from $18.1M in 1995 to $7.73M in 2019.

In 2019, Honduras did not export any services to North Korea.

North Korea-Honduras In 2019, North Korea exported $1.42M to Honduras . The main products that North Korea exported to Honduras were Cars ($488k), Engine Parts ($154k), and Vehicle Parts ($115k). During the last 24 years the exports of North Korea to Honduras have decreased at an annualized rate of 7%, from $8.11M in 1995 to $1.42M in 2019.

In 2019, North Korea did not export any services to Honduras.

Comparison In 2019,  Honduras ranked 94 in the Economic Complexity Index (ECI -0.48),  and 99 in total exports ($7.8B). That same year, North Korea ranked 172 in total exports ($308M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Honduras exported $7.73M to North Korea. The main products exported from Honduras to North Korea were Coffee ($7.65M) and Scrap Iron ($86.8k). During the last 24 years the exports of Honduras to North Korea have decreased at an annualized rate of 3.48%, from $18.1M in 1995 to $7.73M in 2019.

In 2019, North Korea exported $1.42M to Honduras. The main products exported from North Korea to Honduras were Cars ($488k), Engine Parts ($154k), and Vehicle Parts ($115k). During the last 24 years the exports of North Korea to Honduras have decreased at an annualized rate of 7%, from $8.11M in 1995 to $1.42M in 2019.

Honduras Exports

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Market Competitiveness

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Measure

Honduras
Top Destination
: United States, $4.15B

North Korea
Top Destination
: China, $207M

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

In 2019, countries that imported more from Honduras than North Korea were United States ($4.15B), El Salvador ($627M), and Guatemala ($415M).

In 2019, countries that imported more from North Korea than Honduras were China ($207M), Suriname ($19.8M), and Fiji ($7.13M).

Comparative Advantage Honduras - North Korea

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Depth

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

During 2019, Honduras had a large net trade with North Korea in the exports of Vegetable Products ($7.65M) and Metals ($86.8k).

During 2019, North Korea had a large net trade with Honduras in the exports of Transportation ($614k), Machines ($548k), and Chemical Products ($106k).

Economic Complexity

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Competitive Landscape

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