Honduras (HND) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Honduras-Barbados Trade: In 2022, Honduras exported $381k to Barbados. The main products that Honduras exported to Barbados were Shaped Wood ($212k), Asbestos Cement Articles ($58.8k), and Sawn Wood ($50.5k). Over the past 5 years the exports of Honduras to Barbados have decreased at an annualized rate of 30.5%, from $2.35M in 2017 to $381k in 2022.

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

Barbados-Honduras Trade: In 2022, Barbados exported $304k to Honduras. The main products that Barbados exported to Honduras were Scrap Iron ($180k), Pesticides ($61.1k), and Shaving Products ($48.2k). Over the past 5 years the exports of Barbados to Honduras have increased at an annualized rate of 72.2%, from $20.1k in 2017 to $304k in 2022.

In 2022, Barbados 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, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $381k to Barbados. The main products exported from Honduras to Barbados were Shaped Wood ($212k), Asbestos Cement Articles ($58.8k), and Sawn Wood ($50.5k). During the last 5 years the exports of Honduras to Barbados have decreased at an annualized rate of 30.5%, from $2.35M in 2017 to $381k in 2022.

In 2017, Barbados exported $304k to Honduras. The main products exported from Barbados to Honduras were Scrap Iron ($180k), Pesticides ($61.1k), and Shaving Products ($48.2k). During the last 5 years the exports of Barbados to Honduras have increased at an annualized rate of 72.2%, from $20.1k in 2022 to $304k in 2017.

Exports from Honduras () to Barbados () (2022)

Exports from Barbados () to Honduras () (2022)

Latest Data

Trade between Honduras () and Barbados ()

Honduras Exports

Date

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Barbados
Top DestinationUnited States$88.6M

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

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

In 2022, countries that imported more from Barbados than Honduras included Jamaica ($43.3M), Guyana ($29.7M), and Trinidad and Tobago ($33.8M).

Difference in imports from Barbados () and Honduras () (2022)

Comparative Advantage Honduras - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Barbados in the exports of Wood Products ($273k), Stone And Glass ($58.8k), and Foodstuffs ($43.9k).

During 2017, Barbados had a large net trade with Honduras in the exports of Metals ($180k), Chemical Products ($109k), and Plastics and Rubbers ($10k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Barbados () (2022)

Exports from Barbados () to Honduras () (2022)

Latest Data

Trade between Honduras () and Barbados ()

Honduras Exports

Barbados Exports

Market Competitiveness

Difference in imports from Barbados () and Honduras () (2022)

Comparative Advantage Honduras - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Honduras () and Barbados () (2022)

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