2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 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

Vietnam-Honduras Trade: In 2021, Vietnam exported $120M to Honduras. The main products that Vietnam exported to Honduras were N/A. Over the past 5 years the exports of Vietnam to Honduras have increased at an annualized rate of 26.6%, from $37M in 2016 to $120M in 2021.

In 2021, Vietnam did not export any services to Honduras.

Honduras-Vietnam Trade: In 2021, Honduras exported $1.15M to Vietnam. The main products that Honduras exported to Vietnam were N/A. Over the past 5 years the exports of Honduras to Vietnam have decreased at an annualized rate of 11.4%,  from $4.93M in 2016 to $1.15M in 2021.

In 2021, Honduras did not export any services to Vietnam.

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Vietnam exported $120M to Honduras. There were not main exports from Vietnam to Honduras in 2021. During the last 5 years the exports of Vietnam to Honduras have increased at an annualized rate of 26.6%, from $37M in 2016 to $120M in 2021.

In 2016, Honduras exported $1.15M to Vietnam. There were not main exports from Honduras to Vietnam in 2016. During the last 5 years the exports of Honduras to Vietnam have decreased at an annualized rate of 11.4%, from $4.93M in 2021 to $1.15M in 2016.

Exports from Vietnam (Flag) to Honduras (Flag) (2021)

Exports from Honduras (Flag) to Vietnam (Flag) (2021)

Latest Data

Trade between Vietnam (Flag) and Honduras (Flag)

Honduras Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Honduras
Top Destination
United States$6.31B

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 2022, countries that imported more from Vietnam than Honduras included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Honduras than Vietnam included Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

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

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 2021, Vietnam had a large net trade with Honduras in the exports of .

During 2016, Honduras had a large net trade with Vietnam in the exports of .

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) (2021)

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