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Pricing

2022
Flag → Flag
Exports $3.16MRnk 117 / 194
2022
Flag → Flag
Top Product $1.95MCinnamon
2022
Flag → Flag
Exports $12.6kRnk 113 / 124
2022
Flag → Flag
Top Product $7.5kInk
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 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 $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Sri Lanka-Honduras Trade: In 2022, Sri Lanka exported $3.16M to Honduras. The main products that Sri Lanka exported to Honduras were Cinnamon ($1.95M), Coconut and Other Vegetable Fibers ($898k), and Rubber Tires ($263k). Over the past 5 years the exports of Sri Lanka to Honduras have decreased at an annualized rate of 1.42%, from $3.4M in 2017 to $3.16M in 2022.

In 2022, Sri Lanka did not export any services to Honduras.

Honduras-Sri Lanka Trade: In 2022, Honduras exported $12.6k to Sri Lanka. The main products that Honduras exported to Sri Lanka were Ink ($7.5k), Shaped Paper ($3.91k), and Other Plastic Products ($281). Over the past 5 years the exports of Honduras to Sri Lanka have decreased at an annualized rate of 58.8%,  from $1.06M in 2017 to $12.6k in 2022.

In 2022, Honduras did not export any services to Sri Lanka.

Comparison: In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). 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, Sri Lanka exported $3.16M to Honduras. The main products exported from Sri Lanka to Honduras were Cinnamon ($1.95M), Coconut and Other Vegetable Fibers ($898k), and Rubber Tires ($263k). During the last 5 years the exports of Sri Lanka to Honduras have decreased at an annualized rate of 1.42%, from $3.4M in 2017 to $3.16M in 2022.

In 2017, Honduras exported $12.6k to Sri Lanka. The main products exported from Honduras to Sri Lanka were Ink ($7.5k), Shaped Paper ($3.91k), and Other Plastic Products ($281). During the last 5 years the exports of Honduras to Sri Lanka have decreased at an annualized rate of 58.8%, from $1.06M in 2022 to $12.6k in 2017.

Exports from Sri Lanka (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and Honduras (Flag)

Sri Lanka Exports

Date

Honduras Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Sri Lanka than Honduras included India ($1.12B), United Kingdom ($1.04B), and Germany ($881M).

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

Difference in imports from Honduras (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Honduras

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Honduras in the exports of Vegetable Products ($1.95M), Textiles ($899k), and Plastics and Rubbers ($314k).

During 2017, Honduras had a large net trade with Sri Lanka in the exports of Chemical Products ($7.5k), Paper Goods ($4.1k), and Plastics and Rubbers ($312).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Honduras+$2.67kKnit T-shirts
Top Product Potential Honduras Sri Lanka+$2.63kInsulated 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 Sri Lanka and Honduras. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Sri Lanka.

Product Space of Sri Lanka (Flag) and Honduras (Flag) (2022)

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