Haiti (HTI) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Haiti-Honduras Trade: In 2023, Haiti exported $52.9k to Honduras. The main products that Haiti exported to Honduras were Non-Knit Men's Undergarments ($12.4k), Non-Knit Men's Shirts ($7.32k), and Non-Knit Active Wear ($6.77k). Over the past 6 years the exports of Haiti to Honduras have decreased at an annualized rate of 9.3%, from $95.1k in 2017 to $52.9k in 2023.

In 2023, Haiti did not export any services to Honduras.

Honduras-Haiti Trade: In 2023, Honduras exported $19.9M to Haiti. The main products that Honduras exported to Haiti were Raw Sugar ($18.4M), Scented Mixtures ($477k), and Palm Oil ($426k). Over the past 6 years the exports of Honduras to Haiti have increased at an annualized rate of 11.7%, from $11.5M in 2017 to $19.9M in 2023.

In 2023, Honduras did not export any services to Haiti.

Comparison In 2023, Haiti ranked 162 in total exports ($1.03B), and does not have data regarding Economic Complexity Index. That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Haiti exported $52.9k to Honduras. The main products exported from Haiti to Honduras were Non-Knit Men's Undergarments ($12.4k), Non-Knit Men's Shirts ($7.32k), and Non-Knit Active Wear ($6.77k). During the last 6 years the exports of Haiti to Honduras have decreased at an annualized rate of 9.3%, from $95.1k in 2017 to $52.9k in 2023.

In 2018, Honduras exported $19.9M to Haiti. The main products exported from Honduras to Haiti were Raw Sugar ($18.4M), Scented Mixtures ($477k), and Palm Oil ($426k). During the last 5 years the exports of Honduras to Haiti have increased at an annualized rate of 11.7%, from $11.5M in 2023 to $19.9M in 2018.

Exports from Haiti () to Honduras () (2023)

Exports from Honduras () to Haiti () (2023)

Latest Data

Trade between Haiti () and Honduras ()

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Haiti
Top DestinationUnited States$844M

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Haiti than Honduras included Thailand ($9.24M), Sri Lanka ($1.31M), and Indonesia ($1.51M).

In 2023, countries that imported more from Honduras than Haiti included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

Difference in imports from Honduras () and Haiti () (2023)

Comparative Advantage Haiti - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Haiti had a large net trade with Honduras in the exports of Textiles ($50k) and Footwear and Headwear ($2.89k).

During 2018, Honduras had a large net trade with Haiti in the exports of Foodstuffs ($18.4M), Chemical Products ($566k), and Animal and Vegetable Bi-Products ($426k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Haiti Honduras+$3.48kKnit T-shirts

Top Product Potential Honduras Haiti+$2.48kPalm Oil

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Haiti () to Honduras () (2023)

Exports from Honduras () to Haiti () (2023)

Latest Data

Trade between Haiti () and Honduras ()

Honduras Exports

Market Competitiveness

Difference in imports from Honduras () and Haiti () (2023)

Comparative Advantage Haiti - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Haiti () and Honduras () (2023)

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