2022
Flag  
GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC 
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Senegal-Honduras Trade: In 2022, Senegal exported $15k to Honduras. The main products that Senegal exported to Honduras were Legumes ($15k). Over the past 5 years the exports of Senegal to Honduras have decreased at an annualized rate of 14.9%, from $33.6k in 2017 to $15k in 2022.

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

Honduras-Senegal Trade: In 2022, Honduras exported $325k to Senegal. The main products that Honduras exported to Senegal were Scented Mixtures ($235k), Raw Sugar ($50.5k), and Non-Knit Active Wear ($11.3k). Over the past 5 years the exports of Honduras to Senegal have increased at an annualized rate of 20.3%,  from $129k in 2017 to $325k in 2022.

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

Comparison: In 2022,  Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). 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
Value

In 2022, Senegal exported $15k to Honduras. The main products exported from Senegal to Honduras were Legumes ($15k). During the last 5 years the exports of Senegal to Honduras have decreased at an annualized rate of 14.9%, from $33.6k in 2017 to $15k in 2022.

In 2017, Honduras exported $325k to Senegal. The main products exported from Honduras to Senegal were Scented Mixtures ($235k), Raw Sugar ($50.5k), and Non-Knit Active Wear ($11.3k). During the last 5 years the exports of Honduras to Senegal have increased at an annualized rate of 20.3%, from $129k in 2022 to $325k in 2017.

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

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

Latest Data

Trade between Senegal (Flag) and Honduras (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.13B
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from Senegal than Honduras included Mali ($1.13B), India ($1B), and Switzerland ($662M).

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

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

Comparative Advantage Senegal - Honduras

Flow
Scale

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

During 2022, Senegal had a large net trade with Honduras in the exports of Vegetable Products ($15k).

During 2017, Honduras had a large net trade with Senegal in the exports of Chemical Products ($235k), Foodstuffs ($76k), and Textiles ($14.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Honduras+$10.9kLegumes
Top Product Potential Honduras Senegal+$90.5kRaw Sugar

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

Product Space of Senegal (Flag) and Honduras (Flag) (2022)

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