2022
Flag  
GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Honduras-Hong Kong Trade: In 2022, Honduras exported $11.9M to Hong Kong. The main products that Honduras exported to Hong Kong were Processed Crustaceans ($3.28M), Rolled Tobacco ($1.76M), and Coffee ($1.68M). Over the past 5 years the exports of Honduras to Hong Kong have increased at an annualized rate of 9.14%, from $7.71M in 2017 to $11.9M in 2022.

In 2022, Honduras did not export any services to Hong Kong.

Hong Kong-Honduras Trade: In 2022, Hong Kong exported $38.8M to Honduras. The main products that Hong Kong exported to Honduras were Broadcasting Equipment ($13.5M), Light Rubberized Knitted Fabric ($4.01M), and Integrated Circuits ($3.77M). Over the past 5 years the exports of Hong Kong to Honduras have increased at an annualized rate of 24.4%,  from $13M in 2017 to $38.8M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $11.9M to Hong Kong. The main products exported from Honduras to Hong Kong were Processed Crustaceans ($3.28M), Rolled Tobacco ($1.76M), and Coffee ($1.68M). During the last 5 years the exports of Honduras to Hong Kong have increased at an annualized rate of 9.14%, from $7.71M in 2017 to $11.9M in 2022.

In 2017, Hong Kong exported $38.8M to Honduras. The main products exported from Hong Kong to Honduras were Broadcasting Equipment ($13.5M), Light Rubberized Knitted Fabric ($4.01M), and Integrated Circuits ($3.77M). During the last 5 years the exports of Hong Kong to Honduras have increased at an annualized rate of 24.4%, from $13M in 2022 to $38.8M in 2017.

Exports from Honduras (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Honduras (Flag) (2022)

Latest Data

Trade between Honduras (Flag) and Hong Kong (Flag)

Honduras Exports

Hong Kong Exports

Market Competitiveness

Color
Honduras
Top Destination
United States$6.31B
Hong Kong
Top Destination
China$23.4B

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

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

In 2022, countries that imported more from Hong Kong than Honduras included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - Hong Kong

Flow
Scale

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

During 2022, Honduras had a large net trade with Hong Kong in the exports of Foodstuffs ($5.26M), Textiles ($3.16M), and Vegetable Products ($1.81M).

During 2017, Hong Kong had a large net trade with Honduras in the exports of Machines ($21.7M), Textiles ($9.21M), and Metals ($1.81M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Hong Kong+$2.6MKnit Sweaters
Top Product Potential Hong Kong Honduras+$4.12MTelephones

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

Product Space of Honduras (Flag) and Hong Kong (Flag) (2022)

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