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2023
Flag → Flag
Exports $841kRnk 75 / 142
2023
Flag → Flag
Top Product $482kPalm Oil
2023
Flag → Flag
Exports $6.08MRnk 28 / 121
2023
Flag → Flag
Top Product $6MSemi-Finished Iron
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $3,232CURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Honduras-Cuba Trade: In 2023, Honduras exported $841k to Cuba. The main products that Honduras exported to Cuba were Palm Oil ($482k), Sauces and Seasonings ($189k), and Coated Flat-Rolled Iron ($94.1k). Over the past 5 years the exports of Honduras to Cuba have decreased at an annualized rate of 45.4%, from $17.4M in 2018 to $841k in 2023.

In 2023, Honduras did not export any services to Cuba.

Cuba-Honduras Trade: In 2023, Cuba exported $6.08M to Honduras. The main products that Cuba exported to Honduras were Semi-Finished Iron ($6M), Chlorides ($29.5k), and Rolled Tobacco ($22.5k). Over the past 5 years the exports of Cuba to Honduras have decreased at an annualized rate of 17.1%,  from $15.5M in 2018 to $6.08M in 2023.

In 2023, Cuba did not export any services to Honduras.

Comparison: In 2023,  Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Honduras exported $841k to Cuba. The main products exported from Honduras to Cuba were Palm Oil ($482k), Sauces and Seasonings ($189k), and Coated Flat-Rolled Iron ($94.1k). During the last 5 years the exports of Honduras to Cuba have decreased at an annualized rate of 45.4%, from $17.4M in 2018 to $841k in 2023.

In 2018, Cuba exported $6.08M to Honduras. The main products exported from Cuba to Honduras were Semi-Finished Iron ($6M), Chlorides ($29.5k), and Rolled Tobacco ($22.5k). During the last 5 years the exports of Cuba to Honduras have decreased at an annualized rate of 17.1%, from $15.5M in 2023 to $6.08M in 2018.

Exports from Honduras (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Honduras (Flag) (2023)

Latest Data

Trade between Honduras (Flag) and Cuba (Flag)

Honduras Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$5.87B
Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Honduras than Cuba included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

In 2023, countries that imported more from Cuba than Honduras included China ($358M), Cyprus ($42.5M), and Hong Kong ($43.7M).

Difference in imports from Cuba (Flag) and Honduras (Flag) (2023)

Comparative Advantage Honduras - Cuba

Flow
Scale

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

During 2023, Honduras had a large net trade with Cuba in the exports of Animal and Vegetable Bi-Products ($482k), Foodstuffs ($263k), and Metals ($94.1k).

During 2018, Cuba had a large net trade with Honduras in the exports of Metals ($6M), Chemical Products ($48.8k), and Foodstuffs ($23.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Honduras (Flag) and Cuba (Flag) (2023)

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