Honduras (HND) and Benin (BEN) Trade | The Observatory of Economic Complexity

About

Honduras-Benin Trade: In 2022, Honduras exported $179k to Benin. The main products that Honduras exported to Benin were Used Clothing ($132k), Knit T-shirts ($35.1k), and Knit Women's Suits ($7.47k). Over the past 5 years the exports of Honduras to Benin have increased at an annualized rate of 26.4%, from $55.3k in 2017 to $179k in 2022.

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

Benin-Honduras In N/A, Benin did not export any products to Honduras.

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

Comparison: In 2022, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $179k to Benin. The main products exported from Honduras to Benin were Used Clothing ($132k), Knit T-shirts ($35.1k), and Knit Women's Suits ($7.47k). During the last 5 years the exports of Honduras to Benin have increased at an annualized rate of 26.4%, from $55.3k in 2017 to $179k in 2022.

Benin does not register exports to Honduras.

Exports from Honduras () to Benin () (2022)

Exports from Benin () to Honduras () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Benin
Top DestinationIndia$448M

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

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

In 2022, countries that imported more from Benin than Honduras included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

Difference in imports from Benin () and Honduras () (2022)

Comparative Advantage Honduras - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Benin in the exports of Textiles ($179k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Benin+$73.9kKnit T-shirts

Top Product Potential Benin Honduras+$2.45kRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Benin () (2022)

Exports from Benin () to Honduras () (2022)

Market Competitiveness

Difference in imports from Benin () and Honduras () (2022)

Comparative Advantage Honduras - Benin

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Honduras () and Benin () (2022)

Keep Exploring