2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Iran-Honduras Trade: In 2021, Iran exported $86.9k to Honduras. The main products that Iran exported to Honduras were N/A. Over the past 5 years the exports of Iran to Honduras have decreased at an annualized rate of 6.54%, from $122k in 2016 to $86.9k in 2021.

In 2021, Iran did not export any services to Honduras.

Honduras-Iran Trade: In 2021, Honduras exported $23.5k to Iran. The main products that Honduras exported to Iran were N/A. Over the past 5 years the exports of Honduras to Iran have decreased at an annualized rate of 42.3%,  from $369k in 2016 to $23.5k in 2021.

In 2021, Honduras did not export any services to Iran.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iran exported $86.9k to Honduras. There were not main exports from Iran to Honduras in 2021. During the last 5 years the exports of Iran to Honduras have decreased at an annualized rate of 6.54%, from $122k in 2016 to $86.9k in 2021.

In 2014, Honduras exported $23.5k to Iran. There were not main exports from Honduras to Iran in 2014. During the last 5 years the exports of Honduras to Iran have decreased at an annualized rate of 42.3%, from $369k in 2019 to $23.5k in 2014.

Exports from Iran (Flag) to Honduras (Flag) (2021)

Exports from Honduras (Flag) to Iran (Flag) (2021)

Latest Data

Trade between Iran (Flag) and Honduras (Flag)

Honduras Exports

Date

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from Iran than Honduras included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

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

Comparative Advantage Iran - Honduras

Flow
Scale

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

During 2021, Iran had a large net trade with Honduras in the exports of .

During 2014, Honduras had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Honduras+$3.04kEthylene Polymers
Top Product Potential Honduras Iran+$3.82kPalm Oil

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

Product Space of Iran (Flag) and Honduras (Flag) (2021)

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