2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 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 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 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

Cyprus-Honduras Trade: In 2022, Cyprus exported $2.35M to Honduras. The main products that Cyprus exported to Honduras were Passenger and Cargo Ships ($1.8M), Tug Boats ($413k), and Plastic Pipes ($108k). Over the past 5 years the exports of Cyprus to Honduras have increased at an annualized rate of 41%, from $422k in 2017 to $2.35M in 2022.

In 2022, Cyprus did not export any services to Honduras.

Honduras-Cyprus Trade: In 2022, Honduras exported $122k to Cyprus. The main products that Honduras exported to Cyprus were Rolled Tobacco ($116k), Knit Sweaters ($4.43k), and Motor vehicles; parts and accessories (8701 to 8705) ($620). Over the past 5 years the exports of Honduras to Cyprus have increased at an annualized rate of 23.7%,  from $42k in 2017 to $122k in 2022.

In 2022, Honduras did not export any services to Cyprus.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), 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
Value

In 2022, Cyprus exported $2.35M to Honduras. The main products exported from Cyprus to Honduras were Passenger and Cargo Ships ($1.8M), Tug Boats ($413k), and Plastic Pipes ($108k). During the last 5 years the exports of Cyprus to Honduras have increased at an annualized rate of 41%, from $422k in 2017 to $2.35M in 2022.

In 2017, Honduras exported $122k to Cyprus. The main products exported from Honduras to Cyprus were Rolled Tobacco ($116k), Knit Sweaters ($4.43k), and Motor vehicles; parts and accessories (8701 to 8705) ($620). During the last 5 years the exports of Honduras to Cyprus have increased at an annualized rate of 23.7%, from $42k in 2022 to $122k in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Honduras (Flag)

Cyprus Exports

Honduras Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from Cyprus than Honduras included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

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

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

Comparative Advantage Cyprus - Honduras

Flow
Scale

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

During 2022, Cyprus had a large net trade with Honduras in the exports of Transportation ($2.21M), Plastics and Rubbers ($108k), and Instruments ($36.9k).

During 2017, Honduras had a large net trade with Cyprus in the exports of Foodstuffs ($116k), Textiles ($4.97k), and Transportation ($620).

Economic Complexity

Competitive Landscape

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

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

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