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Pricing

2022
Flag → Flag
Exports $22.3kRnk 164 / 182
2022
Flag → Flag
Top Product $17.7kElectric Motors
2022
Flag → Flag
Exports $173kRnk 89 / 124
2022
Flag → Flag
Top Product $165kRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC $18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Croatia-Honduras Trade: In 2022, Croatia exported $22.3k to Honduras. The main products that Croatia exported to Honduras were Electric Motors ($17.7k), Animal Food ($2.96k), and Washing and Bottling Machines ($1.61k). Over the past 5 years the exports of Croatia to Honduras have decreased at an annualized rate of 21.1%, from $73.1k in 2017 to $22.3k in 2022.

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

Honduras-Croatia Trade: In 2022, Honduras exported $173k to Croatia. The main products that Honduras exported to Croatia were Rolled Tobacco ($165k), Knit T-shirts ($6.02k), and Knit Men's Coats ($948). Over the past 5 years the exports of Honduras to Croatia have decreased at an annualized rate of 21.8%,  from $593k in 2017 to $173k in 2022.

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

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Croatia exported $22.3k to Honduras. The main products exported from Croatia to Honduras were Electric Motors ($17.7k), Animal Food ($2.96k), and Washing and Bottling Machines ($1.61k). During the last 5 years the exports of Croatia to Honduras have decreased at an annualized rate of 21.1%, from $73.1k in 2017 to $22.3k in 2022.

In 2017, Honduras exported $173k to Croatia. The main products exported from Honduras to Croatia were Rolled Tobacco ($165k), Knit T-shirts ($6.02k), and Knit Men's Coats ($948). During the last 5 years the exports of Honduras to Croatia have decreased at an annualized rate of 21.8%, from $593k in 2022 to $173k in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Honduras (Flag)

Croatia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Croatia than Honduras included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

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

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

Comparative Advantage Croatia - Honduras

Flow
Scale

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

During 2022, Croatia had a large net trade with Honduras in the exports of Machines ($19.3k) and Foodstuffs ($2.96k).

During 2017, Honduras had a large net trade with Croatia in the exports of Foodstuffs ($165k), Textiles ($7.46k), and Machines ($679).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Honduras+$21kElectric Motors
Top Product Potential Honduras Croatia+$242kRolled Tobacco

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

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

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