2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 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

Hong Kong-Honduras Trade: In 2022, Hong Kong exported $38.8M to Honduras. The main products that Hong Kong exported to Honduras were Broadcasting Equipment ($13.5M), Light Rubberized Knitted Fabric ($4.01M), and Integrated Circuits ($3.77M). Over the past 5 years the exports of Hong Kong to Honduras have increased at an annualized rate of 24.4%, from $13M in 2017 to $38.8M in 2022.

In 2022, Hong Kong did not export any services to Honduras.

Honduras-Hong Kong Trade: In 2022, Honduras exported $11.9M to Hong Kong. The main products that Honduras exported to Hong Kong were Processed Crustaceans ($3.28M), Rolled Tobacco ($1.76M), and Coffee ($1.68M). Over the past 5 years the exports of Honduras to Hong Kong have increased at an annualized rate of 9.14%,  from $7.71M in 2017 to $11.9M in 2022.

In 2022, Honduras did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $38.8M to Honduras. The main products exported from Hong Kong to Honduras were Broadcasting Equipment ($13.5M), Light Rubberized Knitted Fabric ($4.01M), and Integrated Circuits ($3.77M). During the last 5 years the exports of Hong Kong to Honduras have increased at an annualized rate of 24.4%, from $13M in 2017 to $38.8M in 2022.

In 2017, Honduras exported $11.9M to Hong Kong. The main products exported from Honduras to Hong Kong were Processed Crustaceans ($3.28M), Rolled Tobacco ($1.76M), and Coffee ($1.68M). During the last 5 years the exports of Honduras to Hong Kong have increased at an annualized rate of 9.14%, from $7.71M in 2022 to $11.9M in 2017.

Exports from Hong Kong (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Honduras (Flag)

Hong Kong Exports

Honduras Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from Hong Kong than Honduras included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

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

Difference in imports from Honduras (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Honduras

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Honduras in the exports of Machines ($21.7M), Textiles ($9.21M), and Metals ($1.81M).

During 2017, Honduras had a large net trade with Hong Kong in the exports of Foodstuffs ($5.26M), Textiles ($3.16M), and Vegetable Products ($1.81M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Honduras+$4.12MTelephones
Top Product Potential Honduras Hong Kong+$2.6MKnit Sweaters

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.

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Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Honduras (Flag) (2022)

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