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2022
Flag → Flag
Exports $23.9MRnk 135 / 218
2022
Flag → Flag
Top Product $3.89MLight Synthetic Cotton Fabrics
2022
Flag → Flag
Exports $4.89MRnk 43 / 124
2022
Flag → Flag
Top Product $2.29MScrap Aluminium
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 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 $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Malaysia-Honduras Trade: In 2022, Malaysia exported $23.9M to Honduras. The main products that Malaysia exported to Honduras were Light Synthetic Cotton Fabrics ($3.89M), Machinery Having Individual Functions ($3.44M), and Scented Mixtures ($2.93M). Over the past 5 years the exports of Malaysia to Honduras have decreased at an annualized rate of 3.05%, from $27.9M in 2017 to $23.9M in 2022.

In 2022, Malaysia did not export any services to Honduras.

Honduras-Malaysia Trade: In 2022, Honduras exported $4.89M to Malaysia. The main products that Honduras exported to Malaysia were Scrap Aluminium ($2.29M), Electrical Transformers ($459k), and Sawn Wood ($397k). Over the past 5 years the exports of Honduras to Malaysia have increased at an annualized rate of 5.58%,  from $3.73M in 2017 to $4.89M in 2022.

In 2022, Honduras did not export any services to Malaysia.

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Latest Trends

August, 2024

About

Overview In August 2024, Malaysia exported MYR12.6M and imported MYR2.54M from Honduras, resulting in a positive trade balance of MYR10M. Between August 2023 and August 2024 the exports of Malaysia have increased by MYR3.19M (34.1%) from MYR9.36M to MYR12.6M, while imports decreased by MYR-696k (-21.5%) from MYR3.24M to MYR2.54M.

Trade In August 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 August 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 August 2024, the increase in Malaysia's year-by-year exports to Honduras was explained primarily by an increase in product exports in Scented Mixtures (MYR1.93M or 146%), Machinery Having Individual Functions (MYR1.2M or 250%), and Transmissions (MYR339k or 355%). In August 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 (August 2023 - August 2024)MYR3.19M(34.1%)
IMPORT GROWTH (August 2023 - August 2024)MYR-696k(-21.5%)

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 2022, Malaysia exported $23.9M to Honduras. The main products exported from Malaysia to Honduras were Light Synthetic Cotton Fabrics ($3.89M), Machinery Having Individual Functions ($3.44M), and Scented Mixtures ($2.93M). During the last 5 years the exports of Malaysia to Honduras have decreased at an annualized rate of 3.05%, from $27.9M in 2017 to $23.9M in 2022.

In 2017, Honduras exported $4.89M to Malaysia. The main products exported from Honduras to Malaysia were Scrap Aluminium ($2.29M), Electrical Transformers ($459k), and Sawn Wood ($397k). During the last 5 years the exports of Honduras to Malaysia have increased at an annualized rate of 5.58%, from $3.73M in 2022 to $4.89M in 2017.

Exports from Malaysia (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Honduras
Top DestinationUnited States$6.31B

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 2022, countries that imported more from Malaysia than Honduras included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Honduras than Malaysia included Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

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

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 2022, Malaysia had a large net trade with Honduras in the exports of Machines ($9.92M), Textiles ($3.93M), and Chemical Products ($3.63M).

During 2017, Honduras had a large net trade with Malaysia in the exports of Metals ($2.29M), Wood Products ($728k), and Textiles ($544k).

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) (2022)

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