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Pricing

2022
Flag → Flag
Exports $3.15MRnk 52 / 124
2022
Flag → Flag
Top Product $2.92MCoffee
2022
Flag → Flag
Exports $41.1kRnk 180 / 191
2022
Flag → Flag
Top Product $40.7kHydraulic Brake Fluid
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Honduras-Ukraine Trade: In 2022, Honduras exported $3.15M to Ukraine. The main products that Honduras exported to Ukraine were Coffee ($2.92M), Insulated Wire ($51k), and Knit T-shirts ($43.2k). Over the past 5 years the exports of Honduras to Ukraine have decreased at an annualized rate of 18.5%, from $8.74M in 2017 to $3.15M in 2022.

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

Ukraine-Honduras Trade: In 2022, Ukraine exported $41.1k to Honduras. The main products that Ukraine exported to Honduras were Hydraulic Brake Fluid ($40.7k) and Water ($385). Over the past 5 years the exports of Ukraine to Honduras have decreased at an annualized rate of 24.5%,  from $168k in 2017 to $41.1k in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $3.15M to Ukraine. The main products exported from Honduras to Ukraine were Coffee ($2.92M), Insulated Wire ($51k), and Knit T-shirts ($43.2k). During the last 5 years the exports of Honduras to Ukraine have decreased at an annualized rate of 18.5%, from $8.74M in 2017 to $3.15M in 2022.

In 2017, Ukraine exported $41.1k to Honduras. The main products exported from Ukraine to Honduras were Hydraulic Brake Fluid ($40.7k) and Water ($385). During the last 5 years the exports of Ukraine to Honduras have decreased at an annualized rate of 24.5%, from $168k in 2022 to $41.1k in 2017.

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

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

Latest Data

Trade between Honduras (Flag) and Ukraine (Flag)

Honduras Exports

Ukraine Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Ukraine
Top DestinationPoland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Honduras included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Honduras - Ukraine

Flow
Scale

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

During 2022, Honduras had a large net trade with Ukraine in the exports of Vegetable Products ($2.97M), Textiles ($90k), and Machines ($67.4k).

During 2017, Ukraine had a large net trade with Honduras in the exports of Chemical Products ($40.7k) and Foodstuffs ($385).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Ukraine+$3.88kInsulated Wire
Top Product Potential Ukraine Honduras+$4.1kCorn

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

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

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