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2021
Flag → Flag
Exports $260Rnk 118 / 0
2021
Flag → Flag
Exports $33.6MRnk 7 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC $755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Liberia-Honduras Trade: In 2021, Liberia exported $260 to Honduras. The main products that Liberia exported to Honduras were N/A. Over the past 14 years the exports of Liberia to Honduras have decreased at an annualized rate of 27.6%, from $23.8k in 2007 to $260 in 2021.

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

Honduras-Liberia In N/A, Honduras did not export any products to Liberia.

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

Comparison: In 2022,  Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). 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, Liberia exported $260 to Honduras. There were not main exports from Liberia to Honduras in 2021. During the last 14 years the exports of Liberia to Honduras have decreased at an annualized rate of 27.6%, from $23.8k in 2007 to $260 in 2021.

Honduras does not register exports to Liberia.

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

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

Market Competitiveness

Color
Liberia
Top DestinationSwitzerland$544M
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Liberia than Honduras included Switzerland ($544M), Lebanon ($106M), and Poland ($124M).

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

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

Comparative Advantage Liberia - Honduras

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Honduras+$2.72kRefined Petroleum
Top Product Potential Honduras Liberia+$1.69kInsulated Wire

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

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

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