Sierra Leone (SLE) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Sierra Leone-Honduras Trade: In 2023, Sierra Leone exported $393 to Honduras. The main products that Sierra Leone exported to Honduras were Centrifuges ($389) and Iron Fasteners ($4). Over the past 6 years the exports of Sierra Leone to Honduras have increased at an annualized rate of 54.4%, from $29 in 2017 to $393 in 2023.

In 2023, Sierra Leone did not export any services to Honduras.

Honduras-Sierra Leone In N/A, Honduras did not export any products to Sierra Leone.

In 2023, Honduras did not export any services to Sierra Leone.

Comparison In 2023, Sierra Leone ranked 152 in total exports ($1.52B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sierra Leone exported $393 to Honduras. The main products exported from Sierra Leone to Honduras were Centrifuges ($389) and Iron Fasteners ($4). During the last 6 years the exports of Sierra Leone to Honduras have increased at an annualized rate of 54.4%, from $29 in 2017 to $393 in 2023.

Honduras does not register exports to Sierra Leone.

Exports from Sierra Leone () to Honduras () (2023)

Exports from Honduras () to Sierra Leone () (2023)

Latest Data

Trade between Sierra Leone () and Honduras ()

Honduras Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sierra Leone
Top DestinationChina$1.03B

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Sierra Leone than Honduras included China ($1.03B), India ($96.5M), and Ireland ($48M).

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

Difference in imports from Honduras () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sierra Leone had a large net trade with Honduras in the exports of Machines ($389) and Metals ($4).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sierra Leone Honduras+$1.37kPalm Oil

Top Product Potential Honduras Sierra Leone+$1.78kInsulated 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 Sierra Leone and Honduras. This means that a dot/product with the flag of Sierra Leone indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Sierra Leone.

About

Historical Data

Bilateral Trade by Products

Exports from Sierra Leone () to Honduras () (2023)

Exports from Honduras () to Sierra Leone () (2023)

Latest Data

Trade between Sierra Leone () and Honduras ()

Honduras Exports

Market Competitiveness

Difference in imports from Honduras () and Sierra Leone () (2023)

Comparative Advantage Sierra Leone - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sierra Leone () and Honduras () (2023)

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