2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
 GDP
$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH
86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC 
$1,010CURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195
2023
Flag
GDP PC
$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH
55.3%CURRENT US$
Rnk 38 / 195

About

In N/A, Rwanda did not export any services to Honduras.

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

In N/A, Honduras did not export any services to Rwanda.

Comparison In 2023,  Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index. 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
Value

Rwanda does not register exports to Honduras.

Honduras does not register exports to Rwanda.

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

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

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Honduras
Top Destination
United States$5.87B

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

In 2023, countries that imported more from Rwanda than Honduras included United Arab Emirates ($895M), China ($131M), and Kenya ($34.5M).

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

Difference in imports from Honduras (Flag) and Rwanda (Flag) (2023)

Comparative Advantage Rwanda - Honduras

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Honduras+$1.47kMalt Extract
Top Product Potential Honduras Rwanda+$1.75kInsulated 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 Rwanda and Honduras. This means that a dot/product with the flag of Rwanda indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Rwanda.

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

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