2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 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 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 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

United Arab Emirates-Honduras Trade: In 2022, United Arab Emirates exported $17.3M to Honduras. The main products that United Arab Emirates exported to Honduras were Raw Aluminium ($9.19M), Refined Petroleum ($1.65M), and Rolled Tobacco ($1.47M). Over the past 5 years the exports of United Arab Emirates to Honduras have increased at an annualized rate of 47.8%, from $2.46M in 2017 to $17.3M in 2022.

In 2022, United Arab Emirates did not export any services to Honduras.

Honduras-United Arab Emirates Trade: In 2022, Honduras exported $7M to United Arab Emirates. The main products that Honduras exported to United Arab Emirates were Coffee ($1.77M), Knit T-shirts ($1.56M), and Rolled Tobacco ($1.5M). Over the past 5 years the exports of Honduras to United Arab Emirates have decreased at an annualized rate of 5.17%,  from $9.13M in 2017 to $7M in 2022.

In 2022, Honduras did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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 2022, United Arab Emirates exported $17.3M to Honduras. The main products exported from United Arab Emirates to Honduras were Raw Aluminium ($9.19M), Refined Petroleum ($1.65M), and Rolled Tobacco ($1.47M). During the last 5 years the exports of United Arab Emirates to Honduras have increased at an annualized rate of 47.8%, from $2.46M in 2017 to $17.3M in 2022.

In 2017, Honduras exported $7M to United Arab Emirates. The main products exported from Honduras to United Arab Emirates were Coffee ($1.77M), Knit T-shirts ($1.56M), and Rolled Tobacco ($1.5M). During the last 5 years the exports of Honduras to United Arab Emirates have decreased at an annualized rate of 5.17%, from $9.13M in 2022 to $7M in 2017.

Exports from United Arab Emirates (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Honduras (Flag)

United Arab Emirates Exports

Honduras Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from United Arab Emirates than Honduras included India ($51B), Japan ($40.9B), and China ($32.5B).

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

Difference in imports from Honduras (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Honduras

Flow
Scale

This chart compares trade between United Arab Emirates and Honduras by product, considering products traded by both, United Arab Emirates and Honduras.

During 2022, United Arab Emirates had a large net trade with Honduras in the exports of Metals ($9.51M), Mineral Products ($1.65M), and Foodstuffs ($1.47M).

During 2017, Honduras had a large net trade with United Arab Emirates in the exports of Textiles ($3.02M), Vegetable Products ($2.19M), and Foodstuffs ($1.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Honduras+$5.36MRefined Petroleum
Top Product Potential Honduras United Arab Emirates+$3.18MKnit T-shirts

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

Product Space of United Arab Emirates (Flag) and Honduras (Flag) (2022)

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