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Pricing

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Flag → Flag
Exports $40.8kRnk 105 / 124
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Flag → Flag
Top Product $38.1kCoffee
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 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 $7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

In N/A, Azerbaijan did not export any services to Honduras.

Honduras-Azerbaijan Trade: In N/A, Honduras exported $40.8k to Azerbaijan. The main products that Honduras exported to Azerbaijan were Coffee ($38.1k), Rolled Tobacco ($1.9k), and Electrical Lighting and Signalling Equipment ($623). Over the past N/A years the exports of Honduras to Azerbaijan have increased at an annualized rate of 11%,  from $24.3k in N/A to $40.8k in N/A.

In N/A, Honduras did not export any services to Azerbaijan.

Comparison: In 2022,  Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). 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

Azerbaijan does not register exports to Honduras.

In 2017, Honduras exported $40.8k to Azerbaijan. The main products exported from Honduras to Azerbaijan were Coffee ($38.1k), Rolled Tobacco ($1.9k), and Electrical Lighting and Signalling Equipment ($623). During the last 5 years the exports of Honduras to Azerbaijan have increased at an annualized rate of 11%, from $24.3k in 2022 to $40.8k in 2017.

Exports from Azerbaijan (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to Azerbaijan (Flag) (2022)

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Azerbaijan than Honduras included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Honduras than Azerbaijan included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

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

Comparative Advantage Azerbaijan - Honduras

Flow
Scale

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

During 2017, Honduras had a large net trade with Azerbaijan in the exports of Vegetable Products ($38.1k), Foodstuffs ($1.9k), and Machines ($732).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Honduras+$4.56kPetroleum Gas
Top Product Potential Honduras Azerbaijan+$88.5kCoffee

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

Product Space of Azerbaijan (Flag) and Honduras (Flag) (2022)

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