2022
Flag  
GDP
$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH
51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC 
$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH
47.7%CURRENT US$
Rnk 38 / 186
2022
Flag
GDP PC
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

El Salvador-Honduras In 2022, El Salvador exported $1.18B to Honduras. The main products that El Salvador exported to Honduras are Knit Sweaters ($114M), Knit T-shirts ($100M), and Plastic Lids ($96.8M). During the last 27 years the exports of El Salvador to Honduras have increased at an annualized rate of 10.8%, from $73.6M in 1995 to $1.18B in 2022.

In 2022, El Salvador did not export any services to Honduras.

Honduras-El Salvador In 2022, Honduras exported $940M to El Salvador. The main products that Honduras exported to El Salvador were Knit T-shirts ($249M), Knit Men's Undergarments ($58.1M), and Palm Oil ($51.1M). During the last 27 years the exports of Honduras to El Salvador have increased at an annualized rate of 11.5%, from $50.1M in 1995 to $940M in 2022.

In 2022, Honduras did not export any services to El Salvador.

Comparison In 2022,  El Salvador ranked 65 in the Economic Complexity Index (ECI -0.062), and 114 in total exports ($7.47B). That same year, Honduras ranked 86 in the Economic Complexity Index (ECI -0.59), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, El Salvador exported $1.18B to Honduras. The main products exported from El Salvador to Honduras were Knit Sweaters ($114M), Knit T-shirts ($100M), and Plastic Lids ($96.8M). During the last 27 years the exports of El Salvador to Honduras have increased at an annualized rate of 10.8%, from $73.6M in 1995 to $1.18B in 2022.

In 2022, Honduras exported $940M to El Salvador. The main products exported from Honduras to El Salvador were Knit T-shirts ($249M), Knit Men's Undergarments ($58.1M), and Palm Oil ($51.1M). During the last 27 years the exports of Honduras to El Salvador have increased at an annualized rate of 11.5%, from $50.1M in 1995 to $940M in 2022.

Exports from El Salvador (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to El Salvador (Flag) (2022)

Latest Data

Trade between El Salvador (Flag) and Honduras (Flag)

El Salvador Exports

Honduras Exports

Market Competitiveness

Color
El Salvador
Top Destination
United States$2.87B
Honduras
Top Destination
United States$6.31B

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

In 2021, countries that imported more from El Salvador than Honduras were Guatemala ($1.21B), Costa Rica ($304M), and Panama ($146M).

In 2021, countries that imported more from Honduras than El Salvador were United States ($6.31B), Nicaragua ($1.02B), and Germany ($462M).

Difference in imports from Honduras (Flag) and El Salvador (Flag) (2022)

Comparative Advantage El Salvador - Honduras

Flow
Scale

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

During 2022, El Salvador had a large net trade with Honduras in the exports of Textiles ($454M), Plastics and Rubbers ($145M), and Foodstuffs ($123M).

During 2022, Honduras had a large net trade with El Salvador in the exports of Textiles ($498M), Animal and Vegetable Bi-Products ($80.1M), and Foodstuffs ($71.2M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more El Salvador has comparative advantage over Honduras. Similarly, the more yellow a dot/product is, the more Honduras has comparative advantage over El Salvador.

Product Space of El Salvador (Flag) and Honduras (Flag) (2022)

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