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Pricing

2023
Flag → Flag
Exports $3.28MRnk 141 / 182
2023
Flag → Flag
Top Product $2.78MPropylene Polymers
2023
Flag → Flag
Exports $1.49MRnk 71 / 142
2023
Flag → Flag
Top Product $399kCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Saudi Arabia-Honduras Trade: In 2023, Saudi Arabia exported $3.28M to Honduras. The main products that Saudi Arabia exported to Honduras were Propylene Polymers ($2.78M), Ethylene Polymers ($229k), and Raw Plastic Sheeting ($152k). Over the past 5 years the exports of Saudi Arabia to Honduras have decreased at an annualized rate of 3.74%, from $3.97M in 2018 to $3.28M in 2023.

In 2023, Saudi Arabia did not export any services to Honduras.

Honduras-Saudi Arabia Trade: In 2023, Honduras exported $1.49M to Saudi Arabia. The main products that Honduras exported to Saudi Arabia were Coffee ($399k), Knit T-shirts ($276k), and Non-Knit Men's Shirts ($140k). Over the past 5 years the exports of Honduras to Saudi Arabia have decreased at an annualized rate of 3.74%,  from $1.8M in 2018 to $1.49M in 2023.

In 2023, Honduras did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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

In 2023, Saudi Arabia exported $3.28M to Honduras. The main products exported from Saudi Arabia to Honduras were Propylene Polymers ($2.78M), Ethylene Polymers ($229k), and Raw Plastic Sheeting ($152k). During the last 5 years the exports of Saudi Arabia to Honduras have decreased at an annualized rate of 3.74%, from $3.97M in 2018 to $3.28M in 2023.

In 2018, Honduras exported $1.49M to Saudi Arabia. The main products exported from Honduras to Saudi Arabia were Coffee ($399k), Knit T-shirts ($276k), and Non-Knit Men's Shirts ($140k). During the last 5 years the exports of Honduras to Saudi Arabia have decreased at an annualized rate of 3.74%, from $1.8M in 2023 to $1.49M in 2018.

Exports from Saudi Arabia (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Honduras (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$64.4B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Saudi Arabia than Honduras included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from Honduras than Saudi Arabia included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

Difference in imports from Honduras (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Honduras

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Honduras in the exports of Plastics and Rubbers ($3.16M), Machines ($77.1k), and Mineral Products ($34.6k).

During 2018, Honduras had a large net trade with Saudi Arabia in the exports of Textiles ($783k), Vegetable Products ($418k), and Transportation ($126k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Honduras+$6.86kRefined Petroleum
Top Product Potential Honduras Saudi Arabia+$4.83kKnit 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 Saudi Arabia and Honduras. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Honduras (Flag) (2023)

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