2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 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

Mexico-Honduras In 2022, Mexico exported $578M to Honduras. The main products that Mexico exported to Honduras are Insulated Wire ($102M), Toilet Paper ($43.9M), and Malt Extract ($29M). During the last 27 years the exports of Mexico to Honduras have increased at an annualized rate of 7.11%, from $90.6M in 1995 to $578M in 2022.

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

Honduras-Mexico In 2022, Honduras exported $441M to Mexico. The main products that Honduras exported to Mexico were Insulated Wire ($187M), Knit T-shirts ($84.2M), and Knit Sweaters ($33.6M). During the last 27 years the exports of Honduras to Mexico have increased at an annualized rate of 18.4%, from $4.57M in 1995 to $441M in 2022.

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

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Honduras ranked 86 in the Economic Complexity Index (ECI -0.59), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $578M to Honduras. The main products exported from Mexico to Honduras were Insulated Wire ($102M), Toilet Paper ($43.9M), and Malt Extract ($29M). During the last 27 years the exports of Mexico to Honduras have increased at an annualized rate of 7.11%, from $90.6M in 1995 to $578M in 2022.

In 2022, Honduras exported $441M to Mexico. The main products exported from Honduras to Mexico were Insulated Wire ($187M), Knit T-shirts ($84.2M), and Knit Sweaters ($33.6M). During the last 27 years the exports of Honduras to Mexico have increased at an annualized rate of 18.4%, from $4.57M in 1995 to $441M in 2022.

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

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

Latest Data

Trade between Mexico (Flag) and Honduras (Flag)

Mexico Exports

Honduras Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Honduras
Top Destination
United States$6.31B

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

In 2021, countries that imported more from Mexico than Honduras were United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2021, countries that imported more from Honduras than Mexico were Nicaragua ($1.02B).

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

Comparative Advantage Mexico - Honduras

Flow
Scale

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

During 2022, Mexico had a large net trade with Honduras in the exports of Machines ($208M), Chemical Products ($101M), and Foodstuffs ($77.8M).

During 2022, Honduras had a large net trade with Mexico in the exports of Machines ($211M), Textiles ($177M), and Animal and Vegetable Bi-Products ($20.7M).

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

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with