2022
Flag  
GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 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 
$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH
-7.77%CURRENT US$
Rnk 158 / 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

Iraq-Honduras Trade: In 2021, Iraq exported $5.79k to Honduras. The main products that Iraq exported to Honduras were N/A. Over the past 9 years the exports of Iraq to Honduras have decreased at an annualized rate of 21%, from $48.5k in 2012 to $5.79k in 2021.

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

Honduras-Iraq In N/A, Honduras did not export any products to Iraq.

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

Comparison: In 2022,  Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). 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, Iraq exported $5.79k to Honduras. There were not main exports from Iraq to Honduras in 2021. During the last 9 years the exports of Iraq to Honduras have decreased at an annualized rate of 21%, from $48.5k in 2012 to $5.79k in 2021.

Honduras does not register exports to Iraq.

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

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

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from Iraq than Honduras included India ($38.8B), China ($34B), and South Korea ($8.21B).

In 2022, countries that imported more from Honduras than Iraq included Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

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

Comparative Advantage Iraq - Honduras

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iraq Honduras+$5.86kRefined Petroleum
Top Product Potential Honduras Iraq+$4.08kInsulated Wire

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 Iraq and Honduras. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Iraq.

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

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