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Pricing

2022
Flag → Flag
Exports $6.31BRnk 1 / 124
2022
Flag → Flag
Top Product $1.24BKnit Sweaters
2022
Flag → Flag
Exports $7.54BRnk 40 / 219
2022
Flag → Flag
Top Product $2.11BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Honduras-United States Trade: In 2022, Honduras exported $6.31B to United States. The main products that Honduras exported to United States were Knit Sweaters ($1.24B), Knit T-shirts ($1.12B), and Insulated Wire ($853M). Over the past 5 years the exports of Honduras to United States have increased at an annualized rate of 7.58%, from $4.38B in 2017 to $6.31B in 2022.

In 2022, Honduras did not export any services to United States.

United States-Honduras Trade: In 2022, United States exported $7.54B to Honduras. The main products that United States exported to Honduras were Refined Petroleum ($2.11B), Non-Retail Pure Cotton Yarn ($710M), and Non-Retail Synthetic Staple Fibers Yarn ($516M). Over the past 5 years the exports of United States to Honduras have increased at an annualized rate of 9.36%,  from $4.82B in 2017 to $7.54B in 2022.

In 2017, United States exported services to Honduras worth $1.24B, with Travel ($626M), Transportation ($308M), and Financial services ($86M) being the largest in terms of value.

Comparison: In 2022,  Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $6.31B to United States. The main products exported from Honduras to United States were Knit Sweaters ($1.24B), Knit T-shirts ($1.12B), and Insulated Wire ($853M). During the last 5 years the exports of Honduras to United States have increased at an annualized rate of 7.58%, from $4.38B in 2017 to $6.31B in 2022.

In 2017, United States exported $7.54B to Honduras. The main products exported from United States to Honduras were Refined Petroleum ($2.11B), Non-Retail Pure Cotton Yarn ($710M), and Non-Retail Synthetic Staple Fibers Yarn ($516M). During the last 5 years the exports of United States to Honduras have increased at an annualized rate of 9.36%, from $4.82B in 2022 to $7.54B in 2017.

Exports from Honduras (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Honduras (Flag) (2022)

Latest Data

Trade between Honduras (Flag) and United States (Flag)

Honduras Exports

United States Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
United States
Top DestinationCanada$308B

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

In 2022, no countries were registered that imported more from Honduras than from United States.

In 2022, countries that imported more from United States than Honduras included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - United States

Flow
Scale

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

During 2022, Honduras had a large net trade with United States in the exports of Textiles ($3.47B), Vegetable Products ($950M), and Machines ($916M).

During 2017, United States had a large net trade with Honduras in the exports of Mineral Products ($2.52B), Textiles ($1.79B), and Machines ($782M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras United States+$155MInsulated Wire
Top Product Potential United States Honduras+$11.4MVaccines, blood, antisera, toxins and cultures

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

Product Space of Honduras (Flag) and United States (Flag) (2022)

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