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2022
Flag → Flag
Exports $381kRnk 78 / 124
2022
Flag → Flag
Top Product $212kShaped Wood
2022
Flag → Flag
Exports $304kRnk 54 / 139
2022
Flag → Flag
Top Product $180kScrap Iron
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Honduras-Barbados Trade: In 2022, Honduras exported $381k to Barbados. The main products that Honduras exported to Barbados were Shaped Wood ($212k), Asbestos Cement Articles ($58.8k), and Sawn Wood ($50.5k). Over the past 5 years the exports of Honduras to Barbados have decreased at an annualized rate of 30.5%, from $2.35M in 2017 to $381k in 2022.

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

Barbados-Honduras Trade: In 2022, Barbados exported $304k to Honduras. The main products that Barbados exported to Honduras were Scrap Iron ($180k), Pesticides ($61.1k), and Shaving Products ($48.2k). Over the past 5 years the exports of Barbados to Honduras have increased at an annualized rate of 72.2%,  from $20.1k in 2017 to $304k in 2022.

In 2022, Barbados 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, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $381k to Barbados. The main products exported from Honduras to Barbados were Shaped Wood ($212k), Asbestos Cement Articles ($58.8k), and Sawn Wood ($50.5k). During the last 5 years the exports of Honduras to Barbados have decreased at an annualized rate of 30.5%, from $2.35M in 2017 to $381k in 2022.

In 2017, Barbados exported $304k to Honduras. The main products exported from Barbados to Honduras were Scrap Iron ($180k), Pesticides ($61.1k), and Shaving Products ($48.2k). During the last 5 years the exports of Barbados to Honduras have increased at an annualized rate of 72.2%, from $20.1k in 2022 to $304k in 2017.

Exports from Honduras (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to Honduras (Flag) (2022)

Latest Data

Trade between Honduras (Flag) and Barbados (Flag)

Honduras Exports

Barbados Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Barbados
Top DestinationUnited States$88.6M

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

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

In 2022, countries that imported more from Barbados than Honduras included Jamaica ($43.3M), Guyana ($29.7M), and Trinidad and Tobago ($33.8M).

Difference in imports from Barbados (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - Barbados

Flow
Scale

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

During 2022, Honduras had a large net trade with Barbados in the exports of Wood Products ($273k), Stone And Glass ($58.8k), and Foodstuffs ($43.9k).

During 2017, Barbados had a large net trade with Honduras in the exports of Metals ($180k), Chemical Products ($109k), and Plastics and Rubbers ($10k).

Economic Complexity

Competitive Landscape

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

Product Space of Honduras (Flag) and Barbados (Flag) (2022)

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