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Pricing

2022
Flag → Flag
Exports $93.4kRnk 96 / 124
2022
Flag → Flag
Top Product $17.2kKnit T-shirts
2022
Flag → Flag
Exports $16Rnk 160 / 162
2022
Flag → Flag
Top Product $16Plaster Articles
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
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GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
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 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC $3,040CURRENT US$
Rnk 132 / 186
2012-2022
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GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Honduras-Bosnia and Herzegovina Trade: In 2022, Honduras exported $93.4k to Bosnia and Herzegovina. The main products that Honduras exported to Bosnia and Herzegovina were Knit T-shirts ($17.2k), Knit Men's Shirts ($15.8k), and Coffee ($13.1k). Over the past 5 years the exports of Honduras to Bosnia and Herzegovina have decreased at an annualized rate of 17.9%, from $250k in 2017 to $93.4k in 2022.

In 2022, Honduras did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Honduras Trade: In 2022, Bosnia and Herzegovina exported $16 to Honduras. The main products that Bosnia and Herzegovina exported to Honduras were Plaster Articles ($16). Over the past 5 years the exports of Bosnia and Herzegovina to Honduras have decreased at an annualized rate of 79.1%,  from $40.1k in 2017 to $16 in 2022.

In 2022, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $93.4k to Bosnia and Herzegovina. The main products exported from Honduras to Bosnia and Herzegovina were Knit T-shirts ($17.2k), Knit Men's Shirts ($15.8k), and Coffee ($13.1k). During the last 5 years the exports of Honduras to Bosnia and Herzegovina have decreased at an annualized rate of 17.9%, from $250k in 2017 to $93.4k in 2022.

In 2017, Bosnia and Herzegovina exported $16 to Honduras. The main products exported from Bosnia and Herzegovina to Honduras were Plaster Articles ($16). During the last 5 years the exports of Bosnia and Herzegovina to Honduras have decreased at an annualized rate of 79.1%, from $40.1k in 2022 to $16 in 2017.

Exports from Honduras (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Honduras (Flag) (2022)

Latest Data

Trade between Honduras (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

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

In 2022, countries that imported more from Bosnia and Herzegovina than Honduras included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

Difference in imports from Bosnia and Herzegovina (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Honduras had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($64.2k), Vegetable Products ($24.2k), and Machines ($3.21k).

During 2017, Bosnia and Herzegovina had a large net trade with Honduras in the exports of Stone And Glass ($16).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Bosnia and Herzegovina+$94.4kKnit T-shirts
Top Product Potential Bosnia and Herzegovina Honduras+$2.57kInsulated Wire

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 Bosnia and Herzegovina. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Honduras.

Product Space of Honduras (Flag) and Bosnia and Herzegovina (Flag) (2022)

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