2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
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 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
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GDP GROWTH
71.2%CURRENT US$
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2022
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GDP PC 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186
2022
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GDP PC
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
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GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Turkey-Honduras In 2022, Turkey exported $28.4M to Honduras. The main products that Turkey exported to Honduras are Iron Blocks ($3.95M), Hot-Rolled Iron Bars ($3.45M), and Cement ($2.37M). During the last 27 years the exports of Turkey to Honduras have increased at an annualized rate of 18.4%, from $301k in 1995 to $28.4M in 2022.

In 2022, Turkey did not export any services to Honduras.

Honduras-Turkey In 2022, Honduras exported $16.9M to Turkey. The main products that Honduras exported to Turkey were Textile Scraps ($8.91M), Coffee ($2.33M), and Leather Footwear ($1.31M). During the last 27 years the exports of Honduras to Turkey have increased at an annualized rate of 20.1%, from $121k in 1995 to $16.9M in 2022.

In 2022, Honduras did not export any services to Turkey.

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). 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, Turkey exported $28.4M to Honduras. The main products exported from Turkey to Honduras were Iron Blocks ($3.95M), Hot-Rolled Iron Bars ($3.45M), and Cement ($2.37M). During the last 27 years the exports of Turkey to Honduras have increased at an annualized rate of 18.4%, from $301k in 1995 to $28.4M in 2022.

In 2022, Honduras exported $16.9M to Turkey. The main products exported from Honduras to Turkey were Textile Scraps ($8.91M), Coffee ($2.33M), and Leather Footwear ($1.31M). During the last 27 years the exports of Honduras to Turkey have increased at an annualized rate of 20.1%, from $121k in 1995 to $16.9M in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Honduras (Flag)

Turkey Exports

Honduras Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Honduras
Top Destination
United States$6.31B

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

In 2021, countries that imported more from Turkey than Honduras were Germany ($21.9B), Iraq ($13.7B), and United Kingdom ($13.7B).

In 2021, countries that imported more from Honduras than Turkey were Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

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

Comparative Advantage Turkey - Honduras

Flow
Scale

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

During 2022, Turkey had a large net trade with Honduras in the exports of Metals ($9.77M), Machines ($4.48M), and Foodstuffs ($2.93M).

During 2022, Honduras had a large net trade with Turkey in the exports of Textiles ($10.2M), Footwear and Headwear ($2.83M), and Vegetable Products ($2.58M).

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 Turkey has comparative advantage over Honduras. Similarly, the more yellow a dot/product is, the more Honduras has comparative advantage over Turkey.

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

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