2022
Flag  
GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
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GDP GROWTH
2.87%CURRENT US$
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2022
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 GDP
$31.7BCURRENT US$
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2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
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2022
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GDP PC 
$18,222CURRENT US$
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2012-2022
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GDP PC GROWTH
-3.9%CURRENT US$
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2022
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GDP PC
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
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GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Trinidad and Tobago-Honduras In 2022, Trinidad and Tobago exported $6.04M to Honduras. The main products that Trinidad and Tobago exported to Honduras are Nitrogenous Fertilizers ($4.52M), Amino-resins ($751k), and Sausages ($447k). During the last 27 years the exports of Trinidad and Tobago to Honduras have increased at an annualized rate of 4.41%, from $1.88M in 1995 to $6.04M in 2022.

In 2022, Trinidad and Tobago did not export any services to Honduras.

Honduras-Trinidad and Tobago In 2022, Honduras exported $5.51M to Trinidad and Tobago. The main products that Honduras exported to Trinidad and Tobago were Sawn Wood ($1.28M), Artificial Filament Tow ($1.24M), and Raw Sugar ($1.08M). During the last 27 years the exports of Honduras to Trinidad and Tobago have increased at an annualized rate of 3.03%, from $2.46M in 1995 to $5.51M in 2022.

In 2022, Honduras did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index. 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, Trinidad and Tobago exported $6.04M to Honduras. The main products exported from Trinidad and Tobago to Honduras were Nitrogenous Fertilizers ($4.52M), Amino-resins ($751k), and Sausages ($447k). During the last 27 years the exports of Trinidad and Tobago to Honduras have increased at an annualized rate of 4.41%, from $1.88M in 1995 to $6.04M in 2022.

In 2022, Honduras exported $5.51M to Trinidad and Tobago. The main products exported from Honduras to Trinidad and Tobago were Sawn Wood ($1.28M), Artificial Filament Tow ($1.24M), and Raw Sugar ($1.08M). During the last 27 years the exports of Honduras to Trinidad and Tobago have increased at an annualized rate of 3.03%, from $2.46M in 1995 to $5.51M in 2022.

Exports from Trinidad and Tobago (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and Honduras (Flag)

Trinidad and Tobago Exports

Honduras Exports

Market Competitiveness

Color
Trinidad and Tobago
Top Destination
United States$4.91B
Honduras
Top Destination
United States$6.31B

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

In 2021, countries that imported more from Trinidad and Tobago than Honduras were Belgium ($894M), Morocco ($740M), and Spain ($580M).

In 2021, countries that imported more from Honduras than Trinidad and Tobago were United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

Difference in imports from Honduras (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Honduras

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Honduras in the exports of Chemical Products ($4.53M), Plastics and Rubbers ($980k), and Foodstuffs ($530k).

During 2022, Honduras had a large net trade with Trinidad and Tobago in the exports of Textiles ($1.78M), Wood Products ($1.3M), and Foodstuffs ($1.09M).

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 Trinidad and Tobago has comparative advantage over Honduras. Similarly, the more yellow a dot/product is, the more Honduras has comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and Honduras (Flag) (2022)

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