Honduras (HND) and Mali (MLI) Trade | The Observatory of Economic Complexity

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Honduras-Mali Trade: In 2019, Honduras exported $51k to Mali. The main products that Honduras exported to Mali were N/A. Over the past 14 years the exports of Honduras to Mali have increased at an annualized rate of 29.6%, from $1.35k in 2005 to $51k in 2019.

In 2019, Honduras did not export any services to Mali.

Mali-Honduras Trade: In 2019, Mali exported $944 to Honduras. The main products that Mali exported to Honduras were N/A. Over the past 14 years the exports of Mali to Honduras have decreased at an annualized rate of 45.4%, from $19.4k in 2005 to $944 in 2019.

In 2019, Mali 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, Mali ranked 133 in the Economic Complexity Index (ECI -2.3), and 113 in total exports ($7.56B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Honduras exported $51k to Mali. There were not main exports from Honduras to Mali in 2019. During the last 14 years the exports of Honduras to Mali have increased at an annualized rate of 29.6%, from $1.35k in 2005 to $51k in 2019.

In 2016, Mali exported $944 to Honduras. There were not main exports from Mali to Honduras in 2016. During the last 5 years the exports of Mali to Honduras have decreased at an annualized rate of 45.4%, from $19.4k in 2021 to $944 in 2016.

Exports from Honduras () to Mali () (2021)

Exports from Mali () to Honduras () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Mali
Top DestinationUnited Arab Emirates$5.57B

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

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

In 2022, countries that imported more from Mali than Honduras included United Arab Emirates ($5.57B), Switzerland ($1.26B), and Australia ($405M).

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

Comparative Advantage Honduras - Mali

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Honduras had a large net trade with Mali in the exports of .

During 2016, Mali 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 Mali+$2.39kInsulated Wire

Top Product Potential Mali Honduras+$1.88kGold

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Mali () (2021)

Exports from Mali () to Honduras () (2021)

Market Competitiveness

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

Comparative Advantage Honduras - Mali

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Honduras () and Mali () (2021)

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