NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $183kRnk 115 / 158
2023
Flag → Flag
Top Product $43.8kMedical Instruments
2023
Flag → Flag
Exports $183kRnk 104 / 142
2023
Flag → Flag
Top Product $183kCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $8,284CURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Georgia-Honduras Trade: In 2023, Georgia exported $183k to Honduras. The main products that Georgia exported to Honduras were Medical Instruments ($43.8k), Cyanides ($38.5k), and Saturated Acyclic Monocarboxylic Acids ($29.8k). Over the past 5 years the exports of Georgia to Honduras have decreased at an annualized rate of 36%, from $1.71M in 2018 to $183k in 2023.

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

Honduras-Georgia Trade: In 2023, Honduras exported $183k to Georgia. The main products that Honduras exported to Georgia were Coffee ($183k) and Raw Plastic Sheeting ($4). Over the past 5 years the exports of Honduras to Georgia have increased at an annualized rate of 26.6%,  from $56.2k in 2018 to $183k in 2023.

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

Comparison: In 2023,  Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B). 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, Georgia exported $183k to Honduras. The main products exported from Georgia to Honduras were Medical Instruments ($43.8k), Cyanides ($38.5k), and Saturated Acyclic Monocarboxylic Acids ($29.8k). During the last 5 years the exports of Georgia to Honduras have decreased at an annualized rate of 36%, from $1.71M in 2018 to $183k in 2023.

In 2018, Honduras exported $183k to Georgia. The main products exported from Honduras to Georgia were Coffee ($183k) and Raw Plastic Sheeting ($4). During the last 5 years the exports of Honduras to Georgia have increased at an annualized rate of 26.6%, from $56.2k in 2023 to $183k in 2018.

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

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

Latest Data

Trade between Georgia (Flag) and Honduras (Flag)

Georgia Exports

Date

Honduras Exports

Date

Market Competitiveness

Color
Georgia
Top DestinationAzerbaijan$828M
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Georgia than Honduras included Azerbaijan ($828M), Turkey ($733M), and Armenia ($712M).

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

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

Comparative Advantage Georgia - Honduras

Flow
Scale

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

During 2023, Georgia had a large net trade with Honduras in the exports of Chemical Products ($90.3k), Instruments ($44k), and Textiles ($31.2k).

During 2018, Honduras had a large net trade with Georgia in the exports of Vegetable Products ($183k) and Plastics and Rubbers ($4).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Honduras+$2.43kRefined Petroleum
Top Product Potential Honduras Georgia+$2.43kKnit T-shirts

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms