Mali (MLI) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Mali-Honduras Trade: In 2023, Mali exported $23 to Honduras. The main products that Mali exported to Honduras were Low-voltage Protection Equipment ($13), Household Washing Machines ($8), and Electric Heaters ($2). Over the past 6 years the exports of Mali to Honduras have decreased at an annualized rate of 46.3%, from $955 in 2017 to $23 in 2023.

In 2023, Mali did not export any services to Honduras.

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

In 2023, Honduras did not export any services to Mali.

Comparison: In 2023, Mali ranked 125 in the Economic Complexity Index (ECI -1.41), and 119 in total exports ($6.64B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mali exported $23 to Honduras. The main products exported from Mali to Honduras were Low-voltage Protection Equipment ($13), Household Washing Machines ($8), and Electric Heaters ($2). During the last 6 years the exports of Mali to Honduras have decreased at an annualized rate of 46.3%, from $955 in 2017 to $23 in 2023.

Honduras does not register exports to Mali.

Exports from Mali () to Honduras () (2023)

Exports from Honduras () to Mali () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mali
Top DestinationUnited Arab Emirates$4.83B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Mali than Honduras included United Arab Emirates ($4.83B), Switzerland ($1.02B), and Australia ($335M).

In 2023, countries that imported more from Honduras than Mali included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

Difference in imports from Honduras () and Mali () (2023)

Comparative Advantage Mali - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mali had a large net trade with Honduras in the exports of Machines ($23).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mali Honduras+$1.88kGold

Top Product Potential Honduras Mali+$2.39kInsulated 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

Year

This visualization shows the product space at the HS4 level with the flags of Mali and Honduras. This means that a dot/product with the flag of Mali indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Mali.

About

Historical Data

Bilateral Trade by Products

Exports from Mali () to Honduras () (2023)

Exports from Honduras () to Mali () (2023)

Market Competitiveness

Difference in imports from Honduras () and Mali () (2023)

Comparative Advantage Mali - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mali () and Honduras () (2023)

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