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2023
Flag → Flag
Exports $94.2kRnk 78 / 139
2023
Flag → Flag
Top Product $43kPesticides
2023
Flag → Flag
Exports $421kRnk 89 / 142
2023
Flag → Flag
Top Product $280kSawn Wood
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Barbados-Honduras Trade: In 2023, Barbados exported $94.2k to Honduras. The main products that Barbados exported to Honduras were Pesticides ($43k), Shaving Products ($32.7k), and Hard Liquor ($17.2k). Over the past 5 years the exports of Barbados to Honduras have increased at an annualized rate of 75.9%, from $5.59k in 2018 to $94.2k in 2023.

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

Honduras-Barbados Trade: In 2023, Honduras exported $421k to Barbados. The main products that Honduras exported to Barbados were Sawn Wood ($280k), Shaped Wood ($59.5k), and Raw Sugar ($53.5k). Over the past 5 years the exports of Honduras to Barbados have decreased at an annualized rate of 22.5%,  from $1.5M in 2018 to $421k in 2023.

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

Comparison In 2023,  Barbados ranked 171 in total exports ($421M), 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, Barbados exported $94.2k to Honduras. The main products exported from Barbados to Honduras were Pesticides ($43k), Shaving Products ($32.7k), and Hard Liquor ($17.2k). During the last 5 years the exports of Barbados to Honduras have increased at an annualized rate of 75.9%, from $5.59k in 2018 to $94.2k in 2023.

In 2018, Honduras exported $421k to Barbados. The main products exported from Honduras to Barbados were Sawn Wood ($280k), Shaped Wood ($59.5k), and Raw Sugar ($53.5k). During the last 5 years the exports of Honduras to Barbados have decreased at an annualized rate of 22.5%, from $1.5M in 2023 to $421k in 2018.

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

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

Latest Data

Trade between Barbados (Flag) and Honduras (Flag)

Barbados Exports

Honduras Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Barbados than Honduras included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

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

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

Comparative Advantage Barbados - Honduras

Flow
Scale

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

During 2023, Barbados had a large net trade with Honduras in the exports of Chemical Products ($76.3k), Foodstuffs ($17.2k), and Metals ($298).

During 2018, Honduras had a large net trade with Barbados in the exports of Wood Products ($340k), Foodstuffs ($69.7k), and Machines ($6.36k).

Economic Complexity

Competitive Landscape

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

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

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