{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:10.570Z", "seo": { "title": "Trinidad and Tobago exports to Honduras: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Trinidad and Tobago to Honduras, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "TTO", "country_name": "Trinidad and Tobago" }, "importer": { "iso3": "HND", "country_name": "Honduras" }, "latestYear": 2024, "risk": { "exporter_iso3": "TTO", "importer_iso3": "HND", "all_history_lane_count": 23, "current_lane_count": 4, "current_product_count": 4, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 6925798.431772594, "attention_trade_usd": 6716407.783140015, "critical_trade_usd": 0, "high_volatility_trade_usd": 1226555.8679879305, "unrecovered_drawdown_trade_usd": 1226555.8679879305, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 6796941.101188337, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 2, "high_volatility_lane_count": 2, "unrecovered_drawdown_lane_count": 2, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 3, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.7935866078286897, "trade_weighted_below_peak_pct": 15.94462314872802, "product_concentration_hhi": 6747.526932198605, "top1_product_share_pct": 80.429502649772, "top3_product_share_pct": 98.83719806688468, "top_product_hs6": "310210", "top_product_trade_usd": 5570385.233200407, "top_product_description": "Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution", "top_attention_product_hs6": "310210", "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers", "distance_km": 2820.597900390625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": 8.772604024242424, "avg_mfn_tariff_pct": 8.772604024242424, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 42, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 28488.668302000002, "buyer_gdp_pc_latest": 2831, "buyer_population_latest": 10062.994, "buyer_gdp_5y_cagr_pct": 8.313320948476278, "buyer_gdp_pc_5y_cagr_pct": 6.487754088318409, "buyer_population_5y_cagr_pct": 1.7143444105730765, "buyer_investment_5y_avg_pct": 26.909999999999997, "buyer_savings_5y_avg_pct": 7.446000000000001, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 96.9766569054048, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "High attention", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 28488.668302000002, "buyer_gdp_pc_2024": 2831, "buyer_population_2024": 10062.994 }, "history": [ { "year": 1995, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 2847036.228118502, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 7837863.292178686, "yoy_growth_pct": 175.29903605611761, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 15056314.20136181, "yoy_growth_pct": 92.09717802026904, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 13763444.628519954, "yoy_growth_pct": -8.58689288461395, "cagr_3y_pct": 69.08745293953925 }, { "year": 1999, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 21759456.82747236, "yoy_growth_pct": 58.09601022685447, "cagr_3y_pct": 40.54544942336331 }, { "year": 2000, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 42311777.3279026, "yoy_growth_pct": 94.45236001701085, "cagr_3y_pct": 41.117497533864736 }, { "year": 2001, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 42933815.035556406, "yoy_growth_pct": 1.4701289970241893, "cagr_3y_pct": 46.11364680853127 }, { "year": 2002, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 54867673.78409639, "yoy_growth_pct": 27.79594298493331, "cagr_3y_pct": 36.10983241965797 }, { "year": 2003, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 47753209.95708481, "yoy_growth_pct": -12.966585488947292, "cagr_3y_pct": 4.115111172589803 }, { "year": 2004, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 34325438.016359635, "yoy_growth_pct": -28.119098072763148, "cagr_3y_pct": -7.187699896572219 }, { "year": 2005, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 89009830.20925386, "yoy_growth_pct": 159.311564114146, "cagr_3y_pct": 17.500705687640572 }, { "year": 2006, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 15494296.959783657, "yoy_growth_pct": -82.59260025172725, "cagr_3y_pct": -31.284227199615135 }, { "year": 2007, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 46531920.745630205, "yoy_growth_pct": 200.3164381475745, "cagr_3y_pct": 10.67383623679512 }, { "year": 2008, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 45640716.47588426, "yoy_growth_pct": -1.9152535624260447, "cagr_3y_pct": -19.960415228138505 }, { "year": 2009, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 7171277.487361558, "yoy_growth_pct": -84.28754401532953, "cagr_3y_pct": -22.64740567134208 }, { "year": 2010, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 14711804.52831486, "yoy_growth_pct": 105.1490066343479, "cagr_3y_pct": -31.87523946008306 }, { "year": 2011, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 6481012.120910959, "yoy_growth_pct": -55.9468581271769, "cagr_3y_pct": -47.82888401547291 }, { "year": 2012, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 7053933.811877152, "yoy_growth_pct": 8.84000338647204, "cagr_3y_pct": -0.5484359425033669 }, { "year": 2013, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 7087913.048713279, "yoy_growth_pct": 0.4817062045423981, "cagr_3y_pct": -21.605761637840704 }, { "year": 2014, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 17024712.06536102, "yoy_growth_pct": 140.19357952552255, "cagr_3y_pct": 37.97878423489196 }, { "year": 2015, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 7769500.006328164, "yoy_growth_pct": -54.36339847335088, "cagr_3y_pct": 3.2731039733514544 }, { "year": 2016, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 3370440.316530782, "yoy_growth_pct": -56.61959825232513, "cagr_3y_pct": -21.94703235771086 }, { "year": 2017, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 4887945.4144391, "yoy_growth_pct": 45.023942137931016, "cagr_3y_pct": -34.02963950867727 }, { "year": 2018, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 3389494.9944904814, "yoy_growth_pct": -30.65603833304199, "cagr_3y_pct": -24.15726687475822 }, { "year": 2019, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 3260495.7828392796, "yoy_growth_pct": -3.805853434239792, "cagr_3y_pct": -1.0993830939704297 }, { "year": 2020, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 4722554.746513939, "yoy_growth_pct": 44.841614927699155, "cagr_3y_pct": -1.1408471341856519 }, { "year": 2021, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 4024982.3601292265, "yoy_growth_pct": -14.771080989577555, "cagr_3y_pct": 5.895212980170883 }, { "year": 2022, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 3800320.8672992247, "yoy_growth_pct": -5.581676457901019, "cagr_3y_pct": 5.23952385804336 }, { "year": 2023, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 2038723.4452246595, "yoy_growth_pct": -46.35391282964167, "cagr_3y_pct": -24.42228245591561 }, { "year": 2024, "exporter_iso3": "TTO", "importer_iso3": "HND", "export_value_usd": 7235737.5022846125, "yoy_growth_pct": 254.91510725660302, "cagr_3y_pct": 21.59235611267136 } ], "riskLanes": [ { "exporter_iso3": "TTO", "importer_iso3": "HND", "hs_code": "310210", "hs_description": "Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution", "buyer_imports_latest_usd": 66224179.83171514, "current_below_peak_pct": 0, "lane_volatility_cv": 0.6480863436615285, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "TTO", "importer_iso3": "HND", "hs_code": "271112", "hs_description": "Petroleum gases and other gaseous hydrocarbons: liquefied, propane", "buyer_imports_latest_usd": 194206888.22920242, "current_below_peak_pct": 90.1735702690573, "lane_volatility_cv": 1.3517903774627429, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "TTO", "importer_iso3": "HND", "hs_code": "220299", "hs_description": "Non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit, nut or vegetable juices of heading no. 2009", "buyer_imports_latest_usd": 56563215.70464666, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9949560448947514, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "risk_driver_labels": [ "limited_history" ] }, { "exporter_iso3": "TTO", "importer_iso3": "HND", "hs_code": "392330", "hs_description": "Plastics: carboys, bottles, flasks and similar articles, for the conveyance or packing of goods", "buyer_imports_latest_usd": 71719088.55654304, "current_below_peak_pct": 88.01700008819758, "lane_volatility_cv": 2.591978762403835, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "TTO", "importer_iso3": "HND", "distance_km": 2818, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 28488.668302000002, "importer_gdp_per_capita_usd": 2831.033020788843, "importer_population": 10062.994, "importer_biz_entry_days": 42, "importer_biz_entry_cost_pct": 28.1, "exporter_gdp_million_usd": 21391.802311, "exporter_gdp_per_capita_usd": 15243.122867460848, "avg_applied_tariff_pct": 8.772604024242424, "avg_mfn_tariff_pct": 8.772604024242424, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/TTO-HND/risk", "html": "https://www.yugalinks.com/trade/corridor/TTO-HND/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/TTO-HND/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/TTO-HND/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/TTO-HND/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }