Honduras (HND) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Honduras-Guinea Trade: In 2016, Honduras exported $80 to Guinea. The main products that Honduras exported to Guinea were N/A. Over the past 11 years the exports of Honduras to Guinea have decreased at an annualized rate of 17.5%, from $662 in 2005 to $80 in 2016.

In 2016, Honduras did not export any services to Guinea.

Guinea-Honduras Trade: In 2016, Guinea exported $86 to Honduras. The main products that Guinea exported to Honduras were N/A. Over the past 11 years the exports of Guinea to Honduras have increased at an annualized rate of 7.11%, from $61 in 2005 to $86 in 2016.

In 2016, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2016, Honduras exported $80 to Guinea. There were not main exports from Honduras to Guinea in 2016. During the last 11 years the exports of Honduras to Guinea have decreased at an annualized rate of 17.5%, from $662 in 2005 to $80 in 2016.

In 2015, Guinea exported $86 to Honduras. There were not main exports from Guinea to Honduras in 2015. During the last 5 years the exports of Guinea to Honduras have increased at an annualized rate of 7.11%, from $61 in 2020 to $86 in 2015.

Exports from Honduras () to Guinea () (2020)

Exports from Guinea () to Honduras () (2020)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Guinea
Top DestinationChina$3.81B

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

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

In 2022, countries that imported more from Guinea than Honduras included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Honduras - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, Honduras had a large net trade with Guinea in the exports of .

During 2015, Guinea had a large net trade with Honduras in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Guinea+$2.34kInsulated Wire

Top Product Potential Guinea Honduras+$1.77kRefined 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Guinea () (2020)

Exports from Guinea () to Honduras () (2020)

Market Competitiveness

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

Comparative Advantage Honduras - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Honduras () and Guinea () (2020)

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