Senegal (SEN) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Senegal-Honduras Trade: In 2023, Senegal exported $55.8k to Honduras. The main products that Senegal exported to Honduras were Legumes ($48.2k), Fake Hair ($5.63k), and Perfume Plants ($1.9k). Over the past 5 years the exports of Senegal to Honduras have increased at an annualized rate of 108%, from $1.45k in 2018 to $55.8k in 2023.

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

Honduras-Senegal Trade: In 2023, Honduras exported $55k to Senegal. The main products that Honduras exported to Senegal were Other Frozen Vegetables ($25.7k), Sauces and Seasonings ($13.8k), and Cheese ($8.23k). Over the past 5 years the exports of Honduras to Senegal have increased at an annualized rate of 14.7%, from $24.1k in 2018 to $55k in 2023.

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

Comparison: In 2023, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B). 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, Senegal exported $55.8k to Honduras. The main products exported from Senegal to Honduras were Legumes ($48.2k), Fake Hair ($5.63k), and Perfume Plants ($1.9k). During the last 5 years the exports of Senegal to Honduras have increased at an annualized rate of 108%, from $1.45k in 2018 to $55.8k in 2023.

In 2018, Honduras exported $55k to Senegal. The main products exported from Honduras to Senegal were Other Frozen Vegetables ($25.7k), Sauces and Seasonings ($13.8k), and Cheese ($8.23k). During the last 5 years the exports of Honduras to Senegal have increased at an annualized rate of 14.7%, from $24.1k in 2023 to $55k in 2018.

Exports from Senegal () to Honduras () (2023)

Exports from Honduras () to Senegal () (2023)

Latest Data

Trade between Senegal () and Honduras ()

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.22B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Senegal than Honduras included Mali ($1.22B), India ($681M), and Switzerland ($625M).

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

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

Comparative Advantage Senegal - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Senegal had a large net trade with Honduras in the exports of Vegetable Products ($50.1k), Footwear and Headwear ($5.63k), and Textiles ($42).

During 2018, Honduras had a large net trade with Senegal in the exports of Foodstuffs ($43.1k), Animal Products ($8.23k), and Textiles ($3.61k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Honduras+$10.9kLegumes

Top Product Potential Honduras Senegal+$90.5kRaw Sugar

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Honduras () (2023)

Exports from Honduras () to Senegal () (2023)

Latest Data

Trade between Senegal () and Honduras ()

Senegal Exports

Market Competitiveness

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

Comparative Advantage Senegal - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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