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2023
Flag → Flag
Exports $43.3MRnk 118 / 221
2023
Flag → Flag
Top Product $4.18MMachinery Having Individual Functions
2023
Flag → Flag
Exports $6.34MRnk 46 / 142
2023
Flag → Flag
Top Product $1.68MCoffee
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
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GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
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GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Malaysia-Honduras Trade: In 2023, Malaysia exported $43.3M to Honduras. The main products that Malaysia exported to Honduras were Machinery Having Individual Functions ($4.18M), Steam Boilers ($3.95M), and Broadcasting Equipment ($3.71M). Over the past 5 years the exports of Malaysia to Honduras have decreased at an annualized rate of 3.51%, from $51.8M in 2018 to $43.3M in 2023.

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

Honduras-Malaysia Trade: In 2023, Honduras exported $6.34M to Malaysia. The main products that Honduras exported to Malaysia were Coffee ($1.68M), Scrap Aluminium ($1.27M), and Scrap Copper ($1.08M). Over the past 5 years the exports of Honduras to Malaysia have increased at an annualized rate of 37.5%,  from $1.29M in 2018 to $6.34M in 2023.

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

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR11M and imported MYR1.41M from Honduras, resulting in a positive trade balance of MYR9.62M. Between November 2023 and November 2024 the exports of Malaysia have decreased by MYR-1.84M (-14.3%) from MYR12.9M to MYR11M, while imports decreased by MYR-22.3k (-1.55%) from MYR1.44M to MYR1.41M.

Trade In November 2024, the top exports of Malaysia to Honduras were Tractors (MYR4.24M), Scented Mixtures (MYR3.25M), Machinery Having Individual Functions (MYR1.68M), Coated Metal Soldering Products (MYR1.46M), and Light Synthetic Cotton Fabrics (MYR969k). In November 2024 the top imports of Malaysia from Honduras were Scrap Aluminium (MYR171k), Knit T-shirts (MYR159k), Electrical Transformers (MYR120k), Coffee (MYR10.7k), and Knit Women's Suits (MYR2.49k).

Growth In November 2024, the decrease in Malaysia's year-by-year exports to Honduras was explained primarily by an decrease in product exports in Rubber Apparel (MYR-2M or -86.7%) and Light Synthetic Cotton Fabrics (MYR-1.54M or -61.4%). In November 2024, the decrease in Malaysia's year-by-year imports  from Honduras was explained primarily by an decrease in product imports  in Scrap Aluminium (MYR-362k or -68%), Knit Men's Shirts (MYR-12.7k or -98.1%), and Knit Men's Suits (MYR-5.72k or -98.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR-1.84M(-14.3%)
IMPORT GROWTH (November 2023 - November 2024)MYR-22.3k(-1.55%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Honduras and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Honduras and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $43.3M to Honduras. The main products exported from Malaysia to Honduras were Machinery Having Individual Functions ($4.18M), Steam Boilers ($3.95M), and Broadcasting Equipment ($3.71M). During the last 5 years the exports of Malaysia to Honduras have decreased at an annualized rate of 3.51%, from $51.8M in 2018 to $43.3M in 2023.

In 2018, Honduras exported $6.34M to Malaysia. The main products exported from Honduras to Malaysia were Coffee ($1.68M), Scrap Aluminium ($1.27M), and Scrap Copper ($1.08M). During the last 5 years the exports of Honduras to Malaysia have increased at an annualized rate of 37.5%, from $1.29M in 2023 to $6.34M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Malaysia than Honduras included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

In 2023, countries that imported more from Honduras than Malaysia included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

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

Comparative Advantage Malaysia - Honduras

Flow
Scale

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

During 2023, Malaysia had a large net trade with Honduras in the exports of Machines ($24.4M), Chemical Products ($4.77M), and Metals ($4.46M).

During 2018, Honduras had a large net trade with Malaysia in the exports of Metals ($3.16M), Vegetable Products ($1.68M), and Textiles ($662k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Honduras+$633kElectric Heaters
Top Product Potential Honduras Malaysia+$1.06MKnit T-shirts

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

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

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