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2023
Flag → Flag
Exports $10.3MRnk 118 / 205
2023
Flag → Flag
Top Product $2.1MLight Synthetic Cotton Fabrics
2023
Flag → Flag
Exports $40.3kRnk 117 / 142
2023
Flag → Flag
Top Product $24.7kScrap Plastic
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Pakistan-Honduras Trade: In 2023, Pakistan exported $10.3M to Honduras. The main products that Pakistan exported to Honduras were Light Synthetic Cotton Fabrics ($2.1M), Non-Retail Pure Cotton Yarn ($1.57M), and Heavy Pure Woven Cotton ($985k). Over the past 5 years the exports of Pakistan to Honduras have decreased at an annualized rate of 10.4%, from $17.9M in 2018 to $10.3M in 2023.

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

Honduras-Pakistan Trade: In 2023, Honduras exported $40.3k to Pakistan. The main products that Honduras exported to Pakistan were Scrap Plastic ($24.7k), Used Clothing ($10.5k), and Knit T-shirts ($2.74k). Over the past 5 years the exports of Honduras to Pakistan have decreased at an annualized rate of 57.2%,  from $2.81M in 2018 to $40.3k in 2023.

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

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). 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, Pakistan exported $10.3M to Honduras. The main products exported from Pakistan to Honduras were Light Synthetic Cotton Fabrics ($2.1M), Non-Retail Pure Cotton Yarn ($1.57M), and Heavy Pure Woven Cotton ($985k). During the last 5 years the exports of Pakistan to Honduras have decreased at an annualized rate of 10.4%, from $17.9M in 2018 to $10.3M in 2023.

In 2018, Honduras exported $40.3k to Pakistan. The main products exported from Honduras to Pakistan were Scrap Plastic ($24.7k), Used Clothing ($10.5k), and Knit T-shirts ($2.74k). During the last 5 years the exports of Honduras to Pakistan have decreased at an annualized rate of 57.2%, from $2.81M in 2023 to $40.3k in 2018.

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

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

Latest Data

Trade between Pakistan (Flag) and Honduras (Flag)

Pakistan Exports

Honduras Exports

Market Competitiveness

Color
Pakistan
Top DestinationUnited States$5.18B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Pakistan than Honduras included United Arab Emirates ($3.7B), China ($3.4B), and United Kingdom ($2.28B).

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

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

Comparative Advantage Pakistan - Honduras

Flow
Scale

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

During 2023, Pakistan had a large net trade with Honduras in the exports of Textiles ($8.94M), Animal Hides ($295k), and Instruments ($288k).

During 2018, Honduras had a large net trade with Pakistan in the exports of Plastics and Rubbers ($24.7k), Textiles ($13.2k), and Transportation ($1.33k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Honduras+$4.19MNon-Retail Pure Cotton Yarn
Top Product Potential Honduras Pakistan+$146kNon-Retail Synthetic Filament Yarn

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

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

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