GDP$31.7BCURRENT US$Rnk 101 / 186 GDP GROWTH71.2%CURRENT US$Rnk 28 / 186
GDP$4BCURRENT US$Rnk 155 / 186 GDP GROWTH43.3%CURRENT US$Rnk 80 / 186 GDP PC $3,040CURRENT US$Rnk 132 / 186GDP PC GROWTH44.3%CURRENT US$Rnk 42 / 186GDP PC$755CURRENT US$Rnk 176 / 186GDP PC GROWTH17.1%CURRENT US$Rnk 96 / 186In N/A, Honduras did not export any services to Liberia.
Liberia-Honduras In N/A, Liberia did not export any products to Honduras.
In N/A, Liberia 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, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).
This map shows whether countries import more from Honduras or Liberia. Each country is colored based on the difference in imports they receive from Honduras and Liberia or the difference in the growth in imports.
In 2022, countries that imported more from Honduras than Liberia included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).
In 2022, countries that imported more from Liberia than Honduras included Switzerland ($544M), Lebanon ($106M), and Poland ($124M).
) and Honduras () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Honduras and Liberia. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Honduras.
) and Liberia () (2021)
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