2022
Flag  
GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Honduras-Burkina Faso Trade: In 2022, Honduras exported $71 to Burkina Faso. The main products that Honduras exported to Burkina Faso were Video Displays ($71). Over the past 5 years the exports of Honduras to Burkina Faso have decreased at an annualized rate of 88%, from $2.85M in 2017 to $71 in 2022.

In 2022, Honduras did not export any services to Burkina Faso.

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

In 2022, Burkina Faso 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, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $71 to Burkina Faso. The main products exported from Honduras to Burkina Faso were Video Displays ($71). During the last 5 years the exports of Honduras to Burkina Faso have decreased at an annualized rate of 88%, from $2.85M in 2017 to $71 in 2022.

Burkina Faso does not register exports to Honduras.

Exports from Honduras (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Honduras (Flag) (2022)

Latest Data

Trade between Honduras (Flag) and Burkina Faso (Flag)

Honduras Exports

Date

Market Competitiveness

Color
Honduras
Top Destination
United States$6.31B
Burkina Faso
Top Destination
Switzerland$6.08B

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

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

In 2022, countries that imported more from Burkina Faso than Honduras included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

Difference in imports from Burkina Faso (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - Burkina Faso

Flow
Scale

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

During 2022, Honduras had a large net trade with Burkina Faso in the exports of Machines ($71).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Burkina Faso+$2.53kInsulated Wire
Top Product Potential Burkina Faso Honduras+$2.46kRefined 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.

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Economic Complexity

Competitive Landscape

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

Product Space of Honduras (Flag) and Burkina Faso (Flag) (2022)

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