2023
Flag  
GDP
$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH
86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC 
$3,232CURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP PC GROWTH
55.3%CURRENT US$
Rnk 38 / 195

About

Honduras-Chinese Taipei Trade: In 2023, Honduras exported $117M to Chinese Taipei. The main products that Honduras exported to Chinese Taipei were Crustaceans ($97.6M), Raw Sugar ($6.81M), and Scrap Iron ($2.56M). Over the past 5 years the exports of Honduras to Chinese Taipei have increased at an annualized rate of 11.5%, from $67.6M in 2018 to $117M in 2023.

In 2023, Honduras did not export any services to Chinese Taipei.

Chinese Taipei-Honduras Trade: In 2023, Chinese Taipei exported $99M to Honduras. The main products that Chinese Taipei exported to Honduras were Polyacetals ($14.1M), Motor vehicles; parts and accessories (8701 to 8705) ($7.82M), and Flavored Water ($5.26M). Over the past 5 years the exports of Chinese Taipei to Honduras have decreased at an annualized rate of 0.37%,  from $101M in 2018 to $99M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Honduras exported $117M to Chinese Taipei. The main products exported from Honduras to Chinese Taipei were Crustaceans ($97.6M), Raw Sugar ($6.81M), and Scrap Iron ($2.56M). During the last 5 years the exports of Honduras to Chinese Taipei have increased at an annualized rate of 11.5%, from $67.6M in 2018 to $117M in 2023.

In 2018, Chinese Taipei exported $99M to Honduras. The main products exported from Chinese Taipei to Honduras were Polyacetals ($14.1M), Motor vehicles; parts and accessories (8701 to 8705) ($7.82M), and Flavored Water ($5.26M). During the last 5 years the exports of Chinese Taipei to Honduras have decreased at an annualized rate of 0.37%, from $101M in 2023 to $99M in 2018.

Exports from Honduras (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Honduras (Flag) (2023)

Market Competitiveness

Color
Honduras
Top Destination
United States$5.87B
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Honduras than Chinese Taipei included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

In 2023, countries that imported more from Chinese Taipei than Honduras included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Honduras (Flag) (2023)

Comparative Advantage Honduras - Chinese Taipei

Flow
Scale

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

During 2023, Honduras had a large net trade with Chinese Taipei in the exports of Animal Products ($99M), Foodstuffs ($9.47M), and Metals ($4.61M).

During 2018, Chinese Taipei had a large net trade with Honduras in the exports of Machines ($34.4M), Plastics and Rubbers ($24.7M), and Textiles ($9.84M).

Economic Complexity

Competitive Landscape

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

Product Space of Honduras (Flag) and Chinese Taipei (Flag) (2023)

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