Overview In 2022, Honduras was the number 101 economy in the world in terms of GDP (current US$), the number 97 in total exports, the number 95 in total imports, the number 132 economy in terms of GDP per capita (current US$) and the number 88 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Honduras are Knit T-shirts ($2.1B), Knit Sweaters ($1.57B), Coffee ($1.46B), Insulated Wire ($1.15B), and Palm Oil ($460M), exporting mostly to United States ($6.31B), Nicaragua ($1.02B), El Salvador ($940M), Guatemala ($596M), and Germany ($462M).

Imports The top imports of Honduras are Refined Petroleum ($2.19B), Non-Retail Pure Cotton Yarn ($910M), Non-Retail Synthetic Staple Fibers Yarn ($570M), Knit T-shirts ($419M), and Petroleum Gas ($345M), importing mostly from United States ($7.54B), Guatemala ($1.58B), China ($1.56B), El Salvador ($1.18B), and Mexico ($578M).

In 2022, Honduras was the world's biggest importer of Non-Retail Synthetic Staple Fibers Yarn ($570M)

Location Honduras borders El Salvador, Guatemala, and Nicaragua by land and Belize, Colombia, Cuba, Mexico, and Cayman Islands by sea.

Latest Trends

Latest Trade


The following section uses the most recent trade data from partners of Honduras.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data


The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Top Export (2022)Knit T-shirts$2.1B
Top Destination (2022)United States$6.31B

In 2022, Honduras exported a total of $12.3B, making it the number 97 exporter in the world. During the last five reported years the exports of Honduras have changed by $3.87B from $8.47B in 2017 to $12.3B in 2022.

The most recent exports are led by Knit T-shirts ($2.1B), Knit Sweaters ($1.57B), Coffee ($1.46B), Insulated Wire ($1.15B), and Palm Oil ($460M). The most common destination for the exports of Honduras are United States ($6.31B), Nicaragua ($1.02B), El Salvador ($940M), Guatemala ($596M), and Germany ($462M).

Explore Visualizations

Exports (2022)
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Destinations (2022)
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Market Growth

Fastest Growing Export Markets (2021 - 2022)
United States$1.65B (+ 35.4%)
Nicaragua$600M (+ 144%)
El Salvador$281M (+ 42.7%)
Fastest Growing Import Markets (2021 - 2022)
United States$1.64B (+ 27.7%)
Nicaragua$209M (+ 63%)
Guatemala$196M (+ 14.2%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Honduras Exports Services (2019)$1.18B
Honduras Imports Services (2019)$2.41B

In 2019, Honduras exported $1.18B worth of services. The top services exported by Honduras in 2019 were Personal travel ($492M), Other business services ($238M), Computer and information services ($187M), Transportation ($146M), and Business travel ($54.7M).

The top services imported by Honduras in 2019 were Transportation ($1.18B), Personal travel ($398M), Other business services ($237M), Computer and information services ($168M), and Insurance services ($130M).

Service Exports (2019)

Service Imports (2019)

Economic Complexity


Economic Complexity (Trade)-0.52Rank 88 of 133
Economic Complexity (Research)-0.64Rank 98 of 135

Most Specialized Products by RCA Index

Honduras has a high level of specialization in Textile Scraps (104), Melons (78), Knit T-shirts (72), Coffee (61.9), and Knit Men's Coats (46.5). Specialization is measured using RCA, an index that takes the ratio between Honduras observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Honduras according to the product complexity index (PCI) are Artificial filament tow (1.02), Electrical apparatus; parts suitable for use solely or principally with the apparatus... (0.93), Lighting or visual signalling equipment (excluding articles of heading no. 8539), windscreen... (0.9), Transfers (decalcomanias) (0.6), and Finishing agents, dye carriers to accelerate the dyeing, fixing of dyestuffs, other... (0.54). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Honduras according to the relatedness index, were Non-Knit Men's Undergarments (0.22), Cocoa Beans (0.22), Other Oily Seeds (0.22), Non-fillet Frozen Fish (0.22), and Legumes (0.22). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Honduras is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Honduras. These are products that tend to be co-exported with the products that Honduras exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier


The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

Economic Complexity Ranking


During the last 20 years Honduras's⁩ ⁨economy has become relatively more complex, moving from the ⁩⁨88th to the 88th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings

ECI (Trade) Ranking by Country

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