Honduras (HND) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

About

Honduras-Saudi Arabia Trade: In 2021, Honduras exported $2.34M to Saudi Arabia. The main products that Honduras exported to Saudi Arabia were N/A. Over the past 5 years the exports of Honduras to Saudi Arabia have increased at an annualized rate of 3.11%, from $2M in 2016 to $2.34M in 2021.

In 2021, Honduras did not export any services to Saudi Arabia.

Saudi Arabia-Honduras Trade: In 2021, Saudi Arabia exported $11.5M to Honduras. The main products that Saudi Arabia exported to Honduras were N/A. Over the past 5 years the exports of Saudi Arabia to Honduras have increased at an annualized rate of 57.2%, from $1.2M in 2016 to $11.5M in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Honduras exported $2.34M to Saudi Arabia. There were not main exports from Honduras to Saudi Arabia in 2021. During the last 5 years the exports of Honduras to Saudi Arabia have increased at an annualized rate of 3.11%, from $2M in 2016 to $2.34M in 2021.

In 2016, Saudi Arabia exported $11.5M to Honduras. There were not main exports from Saudi Arabia to Honduras in 2016. During the last 5 years the exports of Saudi Arabia to Honduras have increased at an annualized rate of 57.2%, from $1.2M in 2021 to $11.5M in 2016.

Exports from Honduras () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Honduras () (2021)

Latest Data

Trade between Honduras () and Saudi Arabia ()

Honduras Exports

Date

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Saudi Arabia
Top DestinationChina$68B

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 2022, countries that imported more from Honduras than Saudi Arabia included Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

In 2022, countries that imported more from Saudi Arabia than Honduras included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Honduras () (2022)

Comparative Advantage Honduras - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Honduras had a large net trade with Saudi Arabia in the exports of .

During 2016, Saudi Arabia 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 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Honduras () (2021)

Latest Data

Trade between Honduras () and Saudi Arabia ()

Honduras Exports

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Honduras () (2022)

Comparative Advantage Honduras - Saudi Arabia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Honduras () and Saudi Arabia () (2021)

Keep Exploring