Mexico (MEX) and Honduras (HND) Trade | OEC - The Observatory of Economic Complexity

About

Mexico-Honduras In 2021, Mexico exported $809M to Honduras. The main products that Mexico exported to Honduras are Insulated Wire ($80.9M), Video Displays ($44.7M), and Delivery Trucks ($40.6M). During the last 26 years the exports of Mexico to Honduras have increased at an annualized rate of 8.78%, from $90.7M in 1995 to $809M in 2021.

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

Honduras-Mexico In 2021, Honduras exported $350M to Mexico. The main products that Honduras exported to Mexico were Knit T-shirts ($98.5M), Crustaceans ($47.8M), and Insulated Wire ($47.6M). During the last 26 years the exports of Honduras to Mexico have increased at an annualized rate of 18.2%, from $4.56M in 1995 to $350M in 2021.

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

Comparison In 2021, Mexico ranked 23 in the Economic Complexity Index (ECI 1.09), and 12 in total exports ($474B). That same year, Honduras ranked 84 in the Economic Complexity Index (ECI -0.5), and 100 in total exports ($9.22B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Mexico exported $809M to Honduras. The main products exported from Mexico to Honduras were Insulated Wire ($80.9M), Video Displays ($44.7M), and Delivery Trucks ($40.6M). During the last 26 years the exports of Mexico to Honduras have increased at an annualized rate of 8.78%, from $90.7M in 1995 to $809M in 2021.

In 2021, Honduras exported $350M to Mexico. The main products exported from Honduras to Mexico were Knit T-shirts ($98.5M), Crustaceans ($47.8M), and Insulated Wire ($47.6M). During the last 26 years the exports of Honduras to Mexico have increased at an annualized rate of 18.2%, from $4.56M in 1995 to $350M in 2021.

Latest Data

Mexico Exports

Date

Honduras Exports

Date

Market Competitiveness

Color

SectionYear

Mexico
Top Destination: United States, $361B

Honduras
Top Destination: United States, $4.61B

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

In 2021, countries that imported more from Mexico than Honduras were United States ($361B), Canada ($17.4B), and China ($9.82B).

In 2021, countries that imported more from Honduras than Mexico were Haiti ($16.8M), Laos ($8.38M), and Ghana ($3.46M).

Comparative Advantage Mexico - Honduras

Flow

Scale

Year

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

During 2021, Mexico had a large net trade with Honduras in the exports of Machines ($237M), Foodstuffs ($122M), and Chemical Products ($109M).

During 2021, Honduras had a large net trade with Mexico in the exports of Textiles ($158M), Machines ($62.9M), and Animal Products ($47.8M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Mexico has comparative advantage over Honduras. Similarly, the more yellow a dot/product is, the more Honduras has comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Latest Data

Mexico Exports

Honduras Exports

Market Competitiveness

Comparative Advantage Mexico - Honduras

Economic Complexity

Competitive Landscape

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