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2023
Flag → Flag
Exports $2.15kRnk 62 / 90
2023
Flag → Flag
Top Product $2.15kRailway Cargo Containers
2023
Flag → Flag
Exports $2.44kRnk 136 / 142
2023
Flag → Flag
Top Product $2.44kRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Bermuda-Honduras Trade: In 2023, Bermuda exported $2.15k to Honduras. The main products that Bermuda exported to Honduras were Railway Cargo Containers ($2.15k). Over the past 25 years the exports of Bermuda to Honduras have decreased at an annualized rate of 5.96%, from $9.99k in 1998 to $2.15k in 2023.

In 2023, Bermuda did not export any services to Honduras.

Honduras-Bermuda Trade: In 2023, Honduras exported $2.44k to Bermuda. The main products that Honduras exported to Bermuda were Rolled Tobacco ($2.44k). Over the past 25 years the exports of Honduras to Bermuda have decreased at an annualized rate of 48.7%,  from $68.5k in 1998 to $2.44k in 2023.

In 2023, Honduras did not export any services to Bermuda.

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $2.15k to Honduras. The main products exported from Bermuda to Honduras were Railway Cargo Containers ($2.15k). During the last 25 years the exports of Bermuda to Honduras have decreased at an annualized rate of 5.96%, from $9.99k in 1998 to $2.15k in 2023.

In 2018, Honduras exported $2.44k to Bermuda. The main products exported from Honduras to Bermuda were Rolled Tobacco ($2.44k). During the last 5 years the exports of Honduras to Bermuda have decreased at an annualized rate of 48.7%, from $68.5k in 2023 to $2.44k in 2018.

Exports from Bermuda (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Bermuda (Flag) (2023)

Latest Data

Trade between Bermuda (Flag) and Honduras (Flag)

Honduras Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Honduras
Top DestinationUnited States$5.87B

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 2023, countries that imported more from Bermuda than Honduras included South Africa ($96.3M), Angola ($4.49M), and Zambia ($1.45M).

In 2023, countries that imported more from Honduras than Bermuda included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

Difference in imports from Honduras (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - Honduras

Flow
Scale

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

During 2023, Bermuda had a large net trade with Honduras in the exports of Transportation ($2.15k).

During 2018, Honduras had a large net trade with Bermuda in the exports of Foodstuffs ($2.44k).

Economic Complexity

Competitive Landscape

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.

Product Space of Bermuda (Flag) and Honduras (Flag) (2023)

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