Bermuda (BMU) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Bermuda-Honduras Trade: In 2021, Bermuda exported $332 to Honduras. The main products that Bermuda exported to Honduras were N/A. Over the past 25 years the exports of Bermuda to Honduras have decreased at an annualized rate of 18.9%, from $62.1k in 1996 to $332 in 2021.

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

Honduras-Bermuda Trade: In 2021, Honduras exported $79.3k to Bermuda. The main products that Honduras exported to Bermuda were Rolled Tobacco ($77.3k), Brooms ($1.79k), and Ornamental Ceramics ($148). Over the past 25 years the exports of Honduras to Bermuda have decreased at an annualized rate of 0.25%, from $81.7k in 1996 to $79.3k in 2021.

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

Comparison In 2022, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Bermuda exported $332 to Honduras. There were not main exports from Bermuda to Honduras in 2021. During the last 25 years the exports of Bermuda to Honduras have decreased at an annualized rate of 18.9%, from $62.1k in 1996 to $332 in 2021.

In 2017, Honduras exported $79.3k to Bermuda. The main products exported from Honduras to Bermuda were Rolled Tobacco ($77.3k), Brooms ($1.79k), and Ornamental Ceramics ($148). During the last 5 years the exports of Honduras to Bermuda have decreased at an annualized rate of 0.25%, from $81.7k in 2022 to $79.3k in 2017.

Exports from Bermuda () to Honduras () (2022)

Exports from Honduras () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Honduras ()

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Bermuda than Honduras included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

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

Difference in imports from Honduras () and Bermuda () (2022)

Comparative Advantage Bermuda - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Honduras had a large net trade with Bermuda in the exports of Foodstuffs ($77.3k), Miscellaneous ($1.79k), and Stone And Glass ($148).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bermuda and Honduras. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Bermuda.

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Honduras () (2022)

Exports from Honduras () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Honduras ()

Honduras Exports

Market Competitiveness

Difference in imports from Honduras () and Bermuda () (2022)

Comparative Advantage Bermuda - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Honduras () (2022)

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