2023
Flag  
GDP
$2.08BCURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP GROWTH
49%CURRENT US$
Rnk 76 / 195
2023
Flag
 GDP
$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH
86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC 
$1,503CURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC
$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH
55.3%CURRENT US$
Rnk 38 / 195

About

Timor-Leste-Honduras Trade: In 2023, Timor-Leste exported $3.15k to Honduras. The main products that Timor-Leste exported to Honduras were Used Rubber Tires ($2.29k), Computers ($464), and Motor vehicles; parts and accessories (8701 to 8705) ($223). Over the past 8 years the exports of Timor-Leste to Honduras have increased at an annualized rate of 21.8%, from $650 in 2015 to $3.15k in 2023.

In 2023, Timor-Leste did not export any services to Honduras.

Honduras-Timor-Leste In false, Honduras did not export any products to Timor-Leste.

In 2023, Honduras did not export any services to Timor-Leste.

Comparison In 2023,  Timor-Leste ranked 191 in total exports ($163M), 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
Value

In 2023, Timor-Leste exported $3.15k to Honduras. The main products exported from Timor-Leste to Honduras were Used Rubber Tires ($2.29k), Computers ($464), and Motor vehicles; parts and accessories (8701 to 8705) ($223). During the last 8 years the exports of Timor-Leste to Honduras have increased at an annualized rate of 21.8%, from $650 in 2015 to $3.15k in 2023.

Honduras does not register exports to Timor-Leste.

Exports from Timor-Leste (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Timor-Leste (Flag) (2023)

Market Competitiveness

Color
Timor-Leste
Top Destination
China$74.7M
Honduras
Top Destination
United States$5.87B

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

In 2023, countries that imported more from Timor-Leste than Honduras included Singapore ($40.3M), Indonesia ($8.13M), and Senegal ($491k).

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

Difference in imports from Honduras (Flag) and Timor-Leste (Flag) (2023)

Comparative Advantage Timor-Leste - Honduras

Flow
Scale

This chart compares trade between Timor-Leste and Honduras by product, considering products traded by both, Timor-Leste and Honduras.

During 2023, Timor-Leste had a large net trade with Honduras in the exports of Plastics and Rubbers ($2.29k), Machines ($630), and Transportation ($223).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Timor-Leste and Honduras. This means that a dot/product with the flag of Timor-Leste indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Timor-Leste.

Product Space of Timor-Leste (Flag) and Honduras (Flag) (2023)

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