Honduras (HND) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Honduras-Oman Trade: In 2022, Honduras exported $6.27M to Oman. The main products that Honduras exported to Oman were Soybean Meal ($5.4M), Other Ores ($873k), and Metal Molds ($343). Over the past 6 years the exports of Honduras to Oman have increased at an annualized rate of 146%, from $28.3k in 2016 to $6.27M in 2022.

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

Oman-Honduras Trade: In 2022, Oman exported $689k to Honduras. The main products that Oman exported to Honduras were Raw Plastic Sheeting ($689k). Over the past 6 years the exports of Oman to Honduras have increased at an annualized rate of 11.6%, from $398k in 2016 to $689k in 2022.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $6.27M to Oman. The main products exported from Honduras to Oman were Soybean Meal ($5.4M), Other Ores ($873k), and Metal Molds ($343). During the last 6 years the exports of Honduras to Oman have increased at an annualized rate of 146%, from $28.3k in 2016 to $6.27M in 2022.

In 2017, Oman exported $689k to Honduras. The main products exported from Oman to Honduras were Raw Plastic Sheeting ($689k). During the last 5 years the exports of Oman to Honduras have increased at an annualized rate of 11.6%, from $398k in 2022 to $689k in 2017.

Exports from Honduras () to Oman () (2022)

Exports from Oman () to Honduras () (2022)

Latest Data

Trade between Honduras () and Oman ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Oman
Top DestinationChina$30.4B

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

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

In 2022, countries that imported more from Oman than Honduras included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Comparative Advantage Honduras - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Oman in the exports of Foodstuffs ($5.4M), Mineral Products ($873k), and Machines ($343).

During 2017, Oman had a large net trade with Honduras in the exports of Plastics and Rubbers ($689k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Oman+$3.17kInsulated Wire

Top Product Potential Oman Honduras+$341kRaw Plastic Sheeting

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Honduras () to Oman () (2022)

Exports from Oman () to Honduras () (2022)

Latest Data

Trade between Honduras () and Oman ()

Oman Exports

Market Competitiveness

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

Comparative Advantage Honduras - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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