2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
Flag
 GDP
$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH
86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC 
$40,396CURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195
2023
Flag
GDP PC
$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH
55.3%CURRENT US$
Rnk 38 / 195

About

Malta-Honduras Trade: In 2023, Malta exported $3.57M to Honduras. The main products that Malta exported to Honduras were Documents of title (bonds etc) and unused stamps ($3.32M), Packaged Medicaments ($207k), and Air Conditioners ($18.4k). Over the past 5 years the exports of Malta to Honduras have increased at an annualized rate of 33%, from $856k in 2018 to $3.57M in 2023.

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

Honduras-Malta Trade: In 2023, Honduras exported $39k to Malta. The main products that Honduras exported to Malta were Rolled Tobacco ($36k), Stone Working Machines ($1.63k), and Knit Sweaters ($697). Over the past 5 years the exports of Honduras to Malta have increased at an annualized rate of 66.8%,  from $3.02k in 2018 to $39k in 2023.

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

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B), 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
Value

In 2023, Malta exported $3.57M to Honduras. The main products exported from Malta to Honduras were Documents of title (bonds etc) and unused stamps ($3.32M), Packaged Medicaments ($207k), and Air Conditioners ($18.4k). During the last 5 years the exports of Malta to Honduras have increased at an annualized rate of 33%, from $856k in 2018 to $3.57M in 2023.

In 2018, Honduras exported $39k to Malta. The main products exported from Honduras to Malta were Rolled Tobacco ($36k), Stone Working Machines ($1.63k), and Knit Sweaters ($697). During the last 5 years the exports of Honduras to Malta have increased at an annualized rate of 66.8%, from $3.02k in 2023 to $39k in 2018.

Exports from Malta (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Malta (Flag) (2023)

Latest Data

Trade between Malta (Flag) and Honduras (Flag)

Malta Exports

Date

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Honduras
Top Destination
United States$5.87B

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

In 2023, countries that imported more from Malta than Honduras included Nigeria ($2.26B), Germany ($849M), and China ($494M).

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

Difference in imports from Honduras (Flag) and Malta (Flag) (2023)

Comparative Advantage Malta - Honduras

Flow
Scale

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

During 2023, Malta had a large net trade with Honduras in the exports of Paper Goods ($3.33M), Chemical Products ($207k), and Machines ($29.5k).

During 2018, Honduras had a large net trade with Malta in the exports of Foodstuffs ($36k), Machines ($1.69k), and Textiles ($766).

Economic Complexity

Competitive Landscape

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

Product Space of Malta (Flag) and Honduras (Flag) (2023)

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