2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$31.7BCURRENT US$
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2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Singapore-Honduras In 2022, Singapore exported $8.8M to Honduras. The main products that Singapore exported to Honduras are Aluminium Foil ($1.57M), Refined Petroleum ($1.08M), and Other Measuring Instruments ($869k). During the last 27 years the exports of Singapore to Honduras have increased at an annualized rate of 3.34%, from $3.62M in 1995 to $8.8M in 2022.

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

Honduras-Singapore In 2022, Honduras exported $4.8M to Singapore. The main products that Honduras exported to Singapore were Knit T-shirts ($1.43M), Coffee ($1.16M), and Crustaceans ($509k). During the last 27 years the exports of Honduras to Singapore have increased at an annualized rate of 0.17%, from $4.58M in 1995 to $4.8M in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $8.8M to Honduras. The main products exported from Singapore to Honduras were Aluminium Foil ($1.57M), Refined Petroleum ($1.08M), and Other Measuring Instruments ($869k). During the last 27 years the exports of Singapore to Honduras have increased at an annualized rate of 3.34%, from $3.62M in 1995 to $8.8M in 2022.

In 2022, Honduras exported $4.8M to Singapore. The main products exported from Honduras to Singapore were Knit T-shirts ($1.43M), Coffee ($1.16M), and Crustaceans ($509k). During the last 27 years the exports of Honduras to Singapore have increased at an annualized rate of 0.17%, from $4.58M in 1995 to $4.8M in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Honduras (Flag)

Singapore Exports

Honduras Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Honduras
Top Destination
United States$6.31B

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

In 2021, countries that imported more from Singapore than Honduras were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2021, countries that imported more from Honduras than Singapore were Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

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

Comparative Advantage Singapore - Honduras

Flow
Scale

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

During 2022, Singapore had a large net trade with Honduras in the exports of Machines ($3.45M), Metals ($1.57M), and Mineral Products ($1.08M).

During 2022, Honduras had a large net trade with Singapore in the exports of Textiles ($2.43M), Vegetable Products ($1.3M), and Animal Products ($509k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Honduras. Similarly, the more yellow a dot/product is, the more Honduras has comparative advantage over Singapore.

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

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