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Pricing

2021
Flag → Flag
Exports $14.5kRnk 21 / 0
2021
Flag → Flag
Exports $6.07kRnk 115 / 124
2021
Flag → Flag
Top Product $2.15kKnit T-shirts
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 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 $1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Nepal-Honduras Trade: In 2021, Nepal exported $14.5k to Honduras. The main products that Nepal exported to Honduras were N/A. Over the past 5 years the exports of Nepal to Honduras have increased at an annualized rate of 18.6%, from $6.17k in 2016 to $14.5k in 2021.

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

Honduras-Nepal Trade: In 2021, Honduras exported $6.07k to Nepal. The main products that Honduras exported to Nepal were Knit T-shirts ($2.15k), Knit Sweaters ($1.57k), and Knit Men's Suits ($1.32k). Over the past 5 years the exports of Honduras to Nepal have increased at an annualized rate of 4.36%,  from $4.9k in 2016 to $6.07k in 2021.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. 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, Nepal exported $14.5k to Honduras. There were not main exports from Nepal to Honduras in 2021. During the last 5 years the exports of Nepal to Honduras have increased at an annualized rate of 18.6%, from $6.17k in 2016 to $14.5k in 2021.

In 2017, Honduras exported $6.07k to Nepal. The main products exported from Honduras to Nepal were Knit T-shirts ($2.15k), Knit Sweaters ($1.57k), and Knit Men's Suits ($1.32k). During the last 5 years the exports of Honduras to Nepal have increased at an annualized rate of 4.36%, from $4.9k in 2022 to $6.07k in 2017.

Exports from Nepal (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to Nepal (Flag) (2022)

Market Competitiveness

Color
Nepal
Top DestinationIndia$956M
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Nepal than Honduras included India ($956M), Singapore ($25.5M), and Turkey ($28.3M).

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

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

Comparative Advantage Nepal - Honduras

Flow
Scale

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

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

During 2017, Honduras had a large net trade with Nepal in the exports of Textiles ($6.04k) and Plastics and Rubbers ($31).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Honduras+$2.36kNon-Retail Synthetic Staple Fibers Yarn
Top Product Potential Honduras Nepal+$25.1kKnit T-shirts

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

Product Space of Nepal (Flag) and Honduras (Flag) (2022)

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