2023
Flag  
GDP
$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH
86%CURRENT US$
Rnk 21 / 195
2023
Flag
 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC 
$3,232CURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP PC GROWTH
55.3%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Honduras-Saudi Arabia Trade: In 2023, Honduras exported $1.49M to Saudi Arabia. The main products that Honduras exported to Saudi Arabia were Coffee ($399k), Knit T-shirts ($276k), and Non-Knit Men's Shirts ($140k). Over the past 5 years the exports of Honduras to Saudi Arabia have decreased at an annualized rate of 3.74%, from $1.8M in 2018 to $1.49M in 2023.

In 2023, Honduras did not export any services to Saudi Arabia.

Saudi Arabia-Honduras Trade: In 2023, Saudi Arabia exported $3.28M to Honduras. The main products that Saudi Arabia exported to Honduras were Propylene Polymers ($2.78M), Ethylene Polymers ($229k), and Raw Plastic Sheeting ($152k). Over the past 5 years the exports of Saudi Arabia to Honduras have decreased at an annualized rate of 2.1%,  from $3.97M in 2018 to $3.28M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Latest Data

Trade between Honduras (Flag) and Saudi Arabia (Flag)

Honduras Exports

Saudi Arabia Exports

Market Competitiveness

Color
Honduras
Top Destination
United States$5.87B
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Honduras than Saudi Arabia included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

In 2023, countries that imported more from Saudi Arabia than Honduras included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Honduras (Flag) (2023)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Saudi Arabia+$4.83kKnit T-shirts
Top Product Potential Saudi Arabia Honduras+$6.86kRefined 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

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

Product Space of Honduras (Flag) and Saudi Arabia (Flag) (NaN)

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