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Pricing

2022
Flag → Flag
Exports $325kRnk 79 / 124
2022
Flag → Flag
Top Product $235kScented Mixtures
2022
Flag → Flag
Exports $15kRnk 139 / 160
2022
Flag → Flag
Top Product $15kLegumes
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC $3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Honduras-Senegal Trade: In 2022, Honduras exported $325k to Senegal. The main products that Honduras exported to Senegal were Scented Mixtures ($235k), Raw Sugar ($50.5k), and Non-Knit Active Wear ($11.3k). Over the past 5 years the exports of Honduras to Senegal have increased at an annualized rate of 20.3%, from $129k in 2017 to $325k in 2022.

In 2022, Honduras did not export any services to Senegal.

Senegal-Honduras Trade: In 2022, Senegal exported $15k to Honduras. The main products that Senegal exported to Honduras were Legumes ($15k). Over the past 5 years the exports of Senegal to Honduras have decreased at an annualized rate of 8.55%,  from $33.6k in 2017 to $15k in 2022.

In 2022, Senegal 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, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $325k to Senegal. The main products exported from Honduras to Senegal were Scented Mixtures ($235k), Raw Sugar ($50.5k), and Non-Knit Active Wear ($11.3k). During the last 5 years the exports of Honduras to Senegal have increased at an annualized rate of 20.3%, from $129k in 2017 to $325k in 2022.

In 2017, Senegal exported $15k to Honduras. The main products exported from Senegal to Honduras were Legumes ($15k). During the last 5 years the exports of Senegal to Honduras have decreased at an annualized rate of 8.55%, from $33.6k in 2022 to $15k in 2017.

Exports from Honduras (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Honduras (Flag) (2022)

Latest Data

Trade between Honduras (Flag) and Senegal (Flag)

Senegal Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Senegal
Top DestinationMali$1.13B

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

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

In 2022, countries that imported more from Senegal than Honduras included Mali ($1.13B), India ($1B), and Switzerland ($662M).

Difference in imports from Senegal (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - Senegal

Flow
Scale

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

During 2022, Honduras had a large net trade with Senegal in the exports of Chemical Products ($235k), Foodstuffs ($76k), and Textiles ($14.2k).

During 2017, Senegal had a large net trade with Honduras in the exports of Vegetable Products ($15k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Senegal+$90.5kRaw Sugar
Top Product Potential Senegal Honduras+$10.9kLegumes

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

Product Space of Honduras (Flag) and Senegal (Flag) (2022)

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