Oman (OMN) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Oman-Honduras Trade: In 2022, Oman exported $689k to Honduras. The main products that Oman exported to Honduras were Raw Plastic Sheeting ($689k). Over the past 5 years the exports of Oman to Honduras have increased at an annualized rate of 11.6%, from $398k in 2017 to $689k in 2022.

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

Honduras-Oman Trade: In 2022, Honduras exported $6.27M to Oman. The main products that Honduras exported to Oman were Soybean Meal ($5.4M), Other Ores ($873k), and Metal Molds ($343). Over the past 5 years the exports of Honduras to Oman have increased at an annualized rate of 229%, from $16.3k in 2017 to $6.27M in 2022.

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

Comparison: In 2022, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Oman exported $689k to Honduras. The main products exported from Oman to Honduras were Raw Plastic Sheeting ($689k). During the last 5 years the exports of Oman to Honduras have increased at an annualized rate of 11.6%, from $398k in 2017 to $689k in 2022.

In 2017, Honduras exported $6.27M to Oman. The main products exported from Honduras to Oman were Soybean Meal ($5.4M), Other Ores ($873k), and Metal Molds ($343). During the last 5 years the exports of Honduras to Oman have increased at an annualized rate of 229%, from $16.3k in 2022 to $6.27M in 2017.

Exports from Oman () to Honduras () (2022)

Exports from Honduras () to Oman () (2022)

Latest Data

Trade between Oman () and Honduras ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Oman
Top DestinationChina$30.4B

Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Oman than Honduras included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Difference in imports from Honduras () and Oman () (2022)

Comparative Advantage Oman - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Oman had a large net trade with Honduras in the exports of Plastics and Rubbers ($689k).

During 2017, Honduras had a large net trade with Oman in the exports of Foodstuffs ($5.4M), Mineral Products ($873k), and Machines ($343).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Oman Honduras+$341kRaw Plastic Sheeting

Top Product Potential Honduras Oman+$3.17kInsulated 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Oman () to Honduras () (2022)

Exports from Honduras () to Oman () (2022)

Latest Data

Trade between Oman () and Honduras ()

Oman Exports

Market Competitiveness

Difference in imports from Honduras () and Oman () (2022)

Comparative Advantage Oman - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Oman () and Honduras () (2022)

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