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2022
Flag → Flag
Exports $140MRnk 12 / 124
2022
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Top Product $28.2MScented Mixtures
2022
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Exports $54.6MRnk 27 / 163
2022
Flag → Flag
Top Product $19.1MRaw Tobacco
2022
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Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
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Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
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GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
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GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
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 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
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GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
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GDP PC $3,040CURRENT US$
Rnk 132 / 186
2012-2022
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GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186
2022
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GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
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GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Honduras-Dominican Republic In 2022, Honduras exported $140M to Dominican Republic. The main products that Honduras exported to Dominican Republic are Scented Mixtures ($28.2M), Raw Tobacco ($22.6M), and Prepared Cereals ($15.8M). During the last 27 years the exports of Honduras to Dominican Republic have increased at an annualized rate of 19.8%, from $1.06M in 1995 to $140M in 2022.

In 2022, Honduras did not export any services to Dominican Republic.

Dominican Republic-Honduras In 2022, Dominican Republic exported $54.6M to Honduras. The main products that Dominican Republic exported to Honduras were Raw Tobacco ($19.1M), Packaged Medicaments ($9.45M), and Scrap Plastic ($4.52M). During the last 27 years the exports of Dominican Republic to Honduras have increased at an annualized rate of 9.65%, from $4.54M in 1995 to $54.6M in 2022.

In 2022, Dominican Republic did not export any services to Honduras.

Comparison In 2022,  Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $140M to Dominican Republic. The main products exported from Honduras to Dominican Republic were Scented Mixtures ($28.2M), Raw Tobacco ($22.6M), and Prepared Cereals ($15.8M). During the last 27 years the exports of Honduras to Dominican Republic have increased at an annualized rate of 19.8%, from $1.06M in 1995 to $140M in 2022.

In 2022, Dominican Republic exported $54.6M to Honduras. The main products exported from Dominican Republic to Honduras were Raw Tobacco ($19.1M), Packaged Medicaments ($9.45M), and Scrap Plastic ($4.52M). During the last 27 years the exports of Dominican Republic to Honduras have increased at an annualized rate of 9.65%, from $4.54M in 1995 to $54.6M in 2022.

Exports from Honduras (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Honduras (Flag) (2022)

Latest Data

Trade between Honduras (Flag) and Dominican Republic (Flag)

Honduras Exports

Dominican Republic Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Dominican Republic
Top DestinationUnited States$6.85B

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

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

In 2021, countries that imported more from Dominican Republic than Honduras were Switzerland ($1.08B), Haiti ($1.02B), and United States ($6.85B).

Difference in imports from Dominican Republic (Flag) and Honduras (Flag) (2022)

Comparative Advantage Honduras - Dominican Republic

Flow
Scale

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

During 2022, Honduras had a large net trade with Dominican Republic in the exports of Foodstuffs ($57.3M), Chemical Products ($39.7M), and Textiles ($18.6M).

During 2022, Dominican Republic had a large net trade with Honduras in the exports of Foodstuffs ($20.9M), Chemical Products ($10.7M), and Plastics and Rubbers ($8.32M).

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

Product Space of Honduras (Flag) and Dominican Republic (Flag) (2022)

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