GDP$13.3BCURRENT US$Rnk 136 / 186 GDP GROWTH73.9%CURRENT US$Rnk 27 / 186
GDP$31.7BCURRENT US$Rnk 101 / 186 GDP GROWTH71.2%CURRENT US$Rnk 28 / 186 GDP PC $966CURRENT US$Rnk 169 / 186GDP PC GROWTH36.8%CURRENT US$Rnk 55 / 186GDP PC$3,040CURRENT US$Rnk 132 / 186GDP PC GROWTH44.3%CURRENT US$Rnk 42 / 186In N/A, Rwanda did not export any services to Honduras.
Honduras-Rwanda In N/A, Honduras did not export any products to Rwanda.
In N/A, Honduras did not export any services to Rwanda.
Comparison: In 2022, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).
) to Honduras () (2022)) to Rwanda () (2022)This map shows whether countries import more from Rwanda or Honduras. Each country is colored based on the difference in imports they receive from Rwanda and Honduras or the difference in the growth in imports.
In 2022, countries that imported more from Rwanda than Honduras included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).
In 2022, countries that imported more from Honduras than Rwanda included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).
) and Rwanda () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Rwanda and Honduras. This means that a dot/product with the flag of Rwanda indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Rwanda.
) and Honduras () (2022)
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