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2023
Flag → Flag
Exports $185MRnk 69 / 142
2023
Flag → Flag
Top Product $71.1MBroadcasting Equipment
2023
Flag → Flag
Exports $2.94MRnk 62 / 142
2023
Flag → Flag
Top Product $2MCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
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GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Vietnam-Honduras Trade: In 2023, Vietnam exported $185M to Honduras. The main products that Vietnam exported to Honduras were Broadcasting Equipment ($71.1M), Cement ($45.8M), and Computers ($9.82M). Over the past 6 years the exports of Vietnam to Honduras have increased at an annualized rate of 22%, from $56.1M in 2017 to $185M in 2023.

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

Honduras-Vietnam Trade: In 2023, Honduras exported $2.94M to Vietnam. The main products that Honduras exported to Vietnam were Coffee ($2M), Animal Meal and Pellets ($448k), and Pepper ($167k). Over the past 6 years the exports of Honduras to Vietnam have increased at an annualized rate of 11.2%,  from $1.73M in 2017 to $2.94M in 2023.

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

Comparison: In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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, Vietnam exported $185M to Honduras. The main products exported from Vietnam to Honduras were Broadcasting Equipment ($71.1M), Cement ($45.8M), and Computers ($9.82M). During the last 6 years the exports of Vietnam to Honduras have increased at an annualized rate of 22%, from $56.1M in 2017 to $185M in 2023.

In 2018, Honduras exported $2.94M to Vietnam. The main products exported from Honduras to Vietnam were Coffee ($2M), Animal Meal and Pellets ($448k), and Pepper ($167k). During the last 5 years the exports of Honduras to Vietnam have increased at an annualized rate of 11.2%, from $1.73M in 2023 to $2.94M in 2018.

Exports from Vietnam (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Vietnam (Flag) (2023)

Latest Data

Trade between Vietnam (Flag) and Honduras (Flag)

Honduras Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Vietnam than Honduras included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

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

Comparative Advantage Vietnam - Honduras

Flow
Scale

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

During 2023, Vietnam had a large net trade with Honduras in the exports of Machines ($97.7M), Mineral Products ($45.8M), and Footwear and Headwear ($14.4M).

During 2018, Honduras had a large net trade with Vietnam in the exports of Vegetable Products ($2.17M), Foodstuffs ($448k), and Paper Goods ($190k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Honduras+$5.78kTelephones
Top Product Potential Honduras Vietnam+$5.41kInsulated 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 Vietnam and Honduras. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Vietnam.

Product Space of Vietnam (Flag) and Honduras (Flag) (2023)

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