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Pricing

2022
Flag → Flag
Exports $16.6MRnk 120 / 214
2022
Flag → Flag
Top Product $8.42MCorn
2022
Flag → Flag
Exports $4.69MRnk 46 / 124
2022
Flag → Flag
Top Product $3.52MCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

South Africa-Honduras Trade: In 2022, South Africa exported $16.6M to Honduras. The main products that South Africa exported to Honduras were Corn ($8.42M), Delivery Trucks ($6.41M), and Special Purpose Ships ($897k). Over the past 5 years the exports of South Africa to Honduras have increased at an annualized rate of 28.3%, from $4.8M in 2017 to $16.6M in 2022.

In 2022, South Africa did not export any services to Honduras.

Honduras-South Africa Trade: In 2022, Honduras exported $4.69M to South Africa. The main products that Honduras exported to South Africa were Coffee ($3.52M), Sowing Seeds ($386k), and Felt or Coated Fabric Garments ($231k). Over the past 5 years the exports of Honduras to South Africa have decreased at an annualized rate of 4.04%,  from $5.77M in 2017 to $4.69M in 2022.

In 2022, Honduras did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Latest Trends

September, 2024

About

Overview In September 2024, South Africa exported ZAR18M and imported ZAR3.73M from Honduras, resulting in a positive trade balance of ZAR14.3M. Between September 2023 and September 2024 the exports of South Africa have decreased by ZAR-116M (-86.6%) from ZAR134M to ZAR18M, while imports decreased by ZAR-10.3M (-73.3%) from ZAR14M to ZAR3.73M.

Trade In September 2024, the top exports of South Africa to Honduras were Other live plants, cuttings and slips; mushroom... (ZAR273k). In September 2024 the top imports of South Africa from Honduras were Knit T-shirts (ZAR493k), Insulated Wire (ZAR452k), Other Rubber Products (ZAR129k), Knit Men's Suits (ZAR119k), and Rolled Tobacco (ZAR88.6k).

Origins In September 2024 the exports of South Africa were mainly from Pretoria (ZAR16.5M), East London (ZAR1.33M), and Durban (ZAR156k), while imports destinations were mainly Durban (ZAR2.46M), O.R. Tambo Int Airport (ZAR657k), Cape Town Int Airport (ZAR610k), Johannesburg (ZAR5.48k), and Pretoria (ZAR442).

Growth In September 2024, the decrease in South Africa's year-by-year exports to Honduras was explained primarily by an decrease in product exports in . In September 2024, the decrease in South Africa's year-by-year imports  from Honduras was explained primarily by an decrease in product imports  in Rolled Tobacco (ZAR-93.7k or -51.4%), Knit Men's Shirts (ZAR-2.72k or -90.3%), and Other Women's Undergarments (ZAR-1.95k or -62%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)ZAR-116M(-86.6%)
IMPORT GROWTH (September 2023 - September 2024)ZAR-10.3M(-73.3%)
MAIN EXPORTER (September 2024)PretoriaZAR16.5M

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Honduras and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Honduras and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $16.6M to Honduras. The main products exported from South Africa to Honduras were Corn ($8.42M), Delivery Trucks ($6.41M), and Special Purpose Ships ($897k). During the last 5 years the exports of South Africa to Honduras have increased at an annualized rate of 28.3%, from $4.8M in 2017 to $16.6M in 2022.

In 2017, Honduras exported $4.69M to South Africa. The main products exported from Honduras to South Africa were Coffee ($3.52M), Sowing Seeds ($386k), and Felt or Coated Fabric Garments ($231k). During the last 5 years the exports of Honduras to South Africa have decreased at an annualized rate of 4.04%, from $5.77M in 2022 to $4.69M in 2017.

Exports from South Africa (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from South Africa than Honduras included China ($23.4B), Germany ($9.96B), and India ($9.14B).

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

Difference in imports from Honduras (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Honduras

Flow
Scale

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

During 2022, South Africa had a large net trade with Honduras in the exports of Vegetable Products ($8.48M), Transportation ($7.31M), and Foodstuffs ($361k).

During 2017, Honduras had a large net trade with South Africa in the exports of Vegetable Products ($3.9M), Textiles ($531k), and Machines ($84k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Honduras+$2.87MDelivery Trucks
Top Product Potential Honduras South Africa+$2.24MCoffee

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

Product Space of South Africa (Flag) and Honduras (Flag) (2022)

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