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undefined
Flag → Flag
Exports $875Rnk 30 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 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$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

In N/A, Honduras did not export any services to Somalia.

Somalia-Honduras Trade: In N/A, Somalia exported $875 to Honduras. The main products that Somalia exported to Honduras were N/A. Over the past N/A years the exports of Somalia to Honduras have increased at an annualized rate of 1.73%,  from $803 in N/A to $875 in N/A.

In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Honduras does not register exports to Somalia.

In 2015, Somalia exported $875 to Honduras. There were not main exports from Somalia to Honduras in 2015. During the last 5 years the exports of Somalia to Honduras have increased at an annualized rate of 1.73%, from $803 in 2020 to $875 in 2015.

Exports from Honduras (Flag) to Somalia (Flag) (2020)

Exports from Somalia (Flag) to Honduras (Flag) (2020)

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Somalia
Top DestinationUnited Arab Emirates$283M

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

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

In 2022, countries that imported more from Somalia than Honduras included United Arab Emirates ($283M), Oman ($173M), and Kuwait ($13.5M).

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

Comparative Advantage Honduras - Somalia

Flow
Scale

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

During 2015, Somalia had a large net trade with Honduras in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Somalia+$2.36kRolled Tobacco
Top Product Potential Somalia Honduras+$1.07kGold

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

Product Space of Honduras (Flag) and Somalia (Flag) (2020)

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