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Pricing

2019
Flag → Flag
Exports $80Rnk 71 / 0
2019
Flag → Flag
Exports $27.7kRnk 90 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 104 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH-50.6%CURRENT US$
Rnk 186 / 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 $6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH-57.4%CURRENT US$
Rnk 185 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Libya-Honduras Trade: In 2019, Libya exported $80 to Honduras. The main products that Libya exported to Honduras were N/A. Over the past 14 years the exports of Libya to Honduras have decreased at an annualized rate of 39.7%, from $94.6k in 2005 to $80 in 2019.

In 2019, Libya did not export any services to Honduras.

Honduras-Libya Trade: In 2019, Honduras exported $27.7k to Libya. The main products that Honduras exported to Libya were N/A. Over the past 14 years the exports of Honduras to Libya have decreased at an annualized rate of 48%,  from $728k in 2005 to $27.7k in 2019.

In 2019, Honduras did not export any services to Libya.

Comparison: In 2022,  Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). 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 2019, Libya exported $80 to Honduras. There were not main exports from Libya to Honduras in 2019. During the last 14 years the exports of Libya to Honduras have decreased at an annualized rate of 39.7%, from $94.6k in 2005 to $80 in 2019.

In 2009, Honduras exported $27.7k to Libya. There were not main exports from Honduras to Libya in 2009. During the last 5 years the exports of Honduras to Libya have decreased at an annualized rate of 48%, from $728k in 2014 to $27.7k in 2009.

Exports from Libya (Flag) to Honduras (Flag) (2019)

Exports from Honduras (Flag) to Libya (Flag) (2019)

Market Competitiveness

Color
Libya
Top DestinationItaly$9.26B
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Libya than Honduras included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).

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

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

Comparative Advantage Libya - Honduras

Flow
Scale

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

During 2019, Libya had a large net trade with Honduras in the exports of .

During 2009, Honduras had a large net trade with Libya in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Honduras+$3.37kPetroleum Gas
Top Product Potential Honduras Libya+$2.93kInsulated Wire

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

Product Space of Libya (Flag) and Honduras (Flag) (2019)

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