2022
Flag  
GDP
$2.14TCURRENT US$
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2012-2022
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GDP GROWTH
17%CURRENT US$
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2022
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 GDP
$31.7BCURRENT US$
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2012-2022
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GDP GROWTH
71.2%CURRENT US$
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2022
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GDP PC 
$54,966CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
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2022
Flag
GDP PC
$3,040CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
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About

Canada-Honduras In 2022, Canada exported $35.4M to Honduras. The main products that Canada exported to Honduras are Potassic Fertilizers ($7.57M), Pig Meat ($4.2M), and Rubberworking Machinery ($1.41M). During the last 27 years the exports of Canada to Honduras have increased at an annualized rate of 2.53%, from $18M in 1995 to $35.4M in 2022.

In 2020, Canada exported services to Honduras worth $6.71M, with Travel ($6.71M) being the largest in terms of value.

Honduras-Canada In 2022, Honduras exported $372M to Canada. The main products that Honduras exported to Canada were Coffee ($69.8M), Knit T-shirts ($58.6M), and Knit Sweaters ($52.4M). During the last 27 years the exports of Honduras to Canada have increased at an annualized rate of 9.46%, from $32.4M in 1995 to $372M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). 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, Canada exported $35.4M to Honduras. The main products exported from Canada to Honduras were Potassic Fertilizers ($7.57M), Pig Meat ($4.2M), and Rubberworking Machinery ($1.41M). During the last 27 years the exports of Canada to Honduras have increased at an annualized rate of 2.53%, from $18M in 1995 to $35.4M in 2022.

In 2022, Honduras exported $372M to Canada. The main products exported from Honduras to Canada were Coffee ($69.8M), Knit T-shirts ($58.6M), and Knit Sweaters ($52.4M). During the last 27 years the exports of Honduras to Canada have increased at an annualized rate of 9.46%, from $32.4M in 1995 to $372M in 2022.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Honduras
Top Destination
United States$6.31B

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

In 2021, countries that imported more from Canada than Honduras were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Honduras than Canada were Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

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

Comparative Advantage Canada - Honduras

Flow
Scale

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

During 2022, Canada had a large net trade with Honduras in the exports of Chemical Products ($8.82M), Machines ($7.46M), and Animal Products ($5.17M).

During 2022, Honduras had a large net trade with Canada in the exports of Textiles ($152M), Vegetable Products ($145M), and Machines ($46.8M).

Service Trade

Bilateral Service Trade

In 2020, Canada exported services to Honduras worth $6.71M, with Travel ($6.71M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Honduras (Flag) (2020)

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

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

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