2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 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 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 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

Turkey-Honduras Trade: In 2022, Turkey exported $28.4M to Honduras. The main products that Turkey exported to Honduras were Iron Blocks ($3.95M), Hot-Rolled Iron Bars ($3.45M), and Cement ($2.37M). Over the past 5 years the exports of Turkey to Honduras have increased at an annualized rate of 3.72%, from $23.7M in 2017 to $28.4M in 2022.

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

Honduras-Turkey Trade: In 2022, Honduras exported $16.9M to Turkey. The main products that Honduras exported to Turkey were Textile Scraps ($8.91M), Coffee ($2.33M), and Leather Footwear ($1.31M). Over the past 5 years the exports of Honduras to Turkey have increased at an annualized rate of 33.3%,  from $4.01M in 2017 to $16.9M in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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, Turkey exported $28.4M to Honduras. The main products exported from Turkey to Honduras were Iron Blocks ($3.95M), Hot-Rolled Iron Bars ($3.45M), and Cement ($2.37M). During the last 5 years the exports of Turkey to Honduras have increased at an annualized rate of 3.72%, from $23.7M in 2017 to $28.4M in 2022.

In 2017, Honduras exported $16.9M to Turkey. The main products exported from Honduras to Turkey were Textile Scraps ($8.91M), Coffee ($2.33M), and Leather Footwear ($1.31M). During the last 5 years the exports of Honduras to Turkey have increased at an annualized rate of 33.3%, from $4.01M in 2022 to $16.9M in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Honduras (Flag)

Turkey Exports

Honduras Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from Turkey than Honduras included Germany ($21.9B), Iraq ($13.7B), and United Kingdom ($13.7B).

In 2022, countries that imported more from Honduras than Turkey included Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

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

Comparative Advantage Turkey - Honduras

Flow
Scale

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

During 2022, Turkey had a large net trade with Honduras in the exports of Metals ($9.77M), Machines ($4.48M), and Foodstuffs ($2.93M).

During 2017, Honduras had a large net trade with Turkey in the exports of Textiles ($10.2M), Footwear and Headwear ($2.83M), and Vegetable Products ($2.58M).

Economic Complexity

Competitive Landscape

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

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

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