2022
Flag  
GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 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 
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 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

Gambia-Honduras Trade: In 2021, Gambia exported $668 to Honduras. The main products that Gambia exported to Honduras were N/A. Over the past 5 years the exports of Gambia to Honduras have decreased at an annualized rate of 11.3%, from $1.22k in 2016 to $668 in 2021.

In 2021, Gambia did not export any services to Honduras.

Honduras-Gambia Trade: In 2021, Honduras exported $460k to Gambia. The main products that Honduras exported to Gambia were N/A. Over the past 5 years the exports of Honduras to Gambia have increased at an annualized rate of 157%,  from $4.07k in 2016 to $460k in 2021.

In 2021, Honduras did not export any services to Gambia.

Comparison In 2022,  Gambia ranked 193 in total exports ($170M), 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 2021, Gambia exported $668 to Honduras. There were not main exports from Gambia to Honduras in 2021. During the last 5 years the exports of Gambia to Honduras have decreased at an annualized rate of 11.3%, from $1.22k in 2016 to $668 in 2021.

In 2014, Honduras exported $460k to Gambia. There were not main exports from Honduras to Gambia in 2014. During the last 5 years the exports of Honduras to Gambia have increased at an annualized rate of 157%, from $4.07k in 2019 to $460k in 2014.

Exports from Gambia (Flag) to Honduras (Flag) (2021)

Exports from Honduras (Flag) to Gambia (Flag) (2021)

Market Competitiveness

Color
Gambia
Top Destination
India$52.9M
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from Gambia than Honduras included India ($52.9M), China ($38.7M), and Portugal ($9.02M).

In 2022, countries that imported more from Honduras than Gambia included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

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

Comparative Advantage Gambia - Honduras

Flow
Scale

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

During 2021, Gambia had a large net trade with Honduras in the exports of .

During 2014, Honduras had a large net trade with Gambia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gambia Honduras+$1.24kRefined Petroleum
Top Product Potential Honduras Gambia+$1.68kPalm Oil

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Gambia (Flag) and Honduras (Flag) (2021)

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