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2022
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Exports $175MRnk 114 / 223
2022
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Top Product $13.2MOther Uncoated Paper
2022
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Exports $462MRnk 5 / 124
2022
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Top Product $313MCoffee
2022
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Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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Economic Complexity (ECI) ECI -0.59Rnk 86 / 124
2022
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GDP$4.07TCURRENT US$
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2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$31.7BCURRENT US$
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2012-2022
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GDP GROWTH71.2%CURRENT US$
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2022
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GDP PC $48,432CURRENT US$
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2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
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GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Germany-Honduras In 2022, Germany exported $175M to Honduras. The main products that Germany exported to Honduras are Other Uncoated Paper ($13.2M), Textile Processing Machines ($10.8M), and Low-voltage Protection Equipment ($10.1M). During the last 27 years the exports of Germany to Honduras have increased at an annualized rate of 3.97%, from $61.4M in 1995 to $175M in 2022.

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

Honduras-Germany In 2022, Honduras exported $462M to Germany. The main products that Honduras exported to Germany were Coffee ($313M), Palm Oil ($43M), and Knit T-shirts ($29.7M). During the last 27 years the exports of Honduras to Germany have increased at an annualized rate of 4.47%, from $142M in 1995 to $462M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Honduras ranked 86 in the Economic Complexity Index (ECI -0.59), and 97 in total exports ($12.3B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €21.5M and imported €15.3M from Honduras, resulting in a positive trade balance of €6.17M. Between January 2023 and January 2024 the exports of Germany have increased by €2.01M (10.4%) from €19.5M to €21.5M, while imports decreased by €-12.3M (-44.6%) from €27.6M to €15.3M.

Trade In January 2024, the top exports of Germany to Honduras were Semi-finished products of copper and copper... (€8.18M), Machinery for electricity production, distribution (€3.43M), Paper and paperboard (€1.04M), Agricultural machinery (incl. tractors) (€890k), and Articles of plastic (€610k). In January 2024 the top imports of Germany from Honduras were Coffee (€13M), Vegetable oils and fats (€5.86M), Apparel of knitted or crocheted fabrics... (€3.71M), Fish and crustaceans, molluscs (€1.94M), and Unmanufactured tobacco and tobacco products (€1.55M).

Origins In January 2024 the exports of Germany were mainly from Hamburg (€10.9M), North Rhine-Westphalia (€2.31M), Bavaria (€1.51M), Baden-Württemberg (€1.5M), and Lower Saxony (€1.21M), while imports destinations were mainly Hamburg (€4.3M), Bremen (€3.04M), Hesse (€2.29M), North Rhine-Westphalia (€1.61M), and Baden-Württemberg (€1.08M).

Growth In January 2024, the increase in Germany's year-by-year exports to Honduras was explained primarily by an increase in product exports in Semi-finished products of copper and copper... (€8.17M or 409k%), Machinery for electricity production, distribution (€1.71M or 99.3%), and Non allocable results (€388k or 7.76k%). In January 2024, the decrease in Germany's year-by-year imports  from Honduras was explained primarily by an decrease in product imports  in Nuts and dried fruits (€-5.68M or -96.5%), Vegetable oils and fats (€-589k or -9.14%), and Products of waxes or fats (€-22k or -95.7%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€2.01M(10.4%)
IMPORT GROWTH (January 2023 - January 2024)€-12.3M(-44.6%)
MAIN EXPORTER (January 2024)Hamburg€10.9M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Honduras and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $175M to Honduras. The main products exported from Germany to Honduras were Other Uncoated Paper ($13.2M), Textile Processing Machines ($10.8M), and Low-voltage Protection Equipment ($10.1M). During the last 27 years the exports of Germany to Honduras have increased at an annualized rate of 3.97%, from $61.4M in 1995 to $175M in 2022.

In 2022, Honduras exported $462M to Germany. The main products exported from Honduras to Germany were Coffee ($313M), Palm Oil ($43M), and Knit T-shirts ($29.7M). During the last 27 years the exports of Honduras to Germany have increased at an annualized rate of 4.47%, from $142M in 1995 to $462M in 2022.

Exports from Germany (Flag) to Honduras (Flag) (2022)

Exports from Honduras (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Honduras
Top DestinationUnited States$6.31B

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

In 2021, countries that imported more from Germany than Honduras were United States ($153B), France ($120B), and China ($109B).

In 2021, countries that imported more from Honduras than Germany were Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

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

Comparative Advantage Germany - Honduras

Flow
Scale

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

During 2022, Germany had a large net trade with Honduras in the exports of Machines ($81.3M), Chemical Products ($27.1M), and Paper Goods ($21.2M).

During 2022, Honduras had a large net trade with Germany in the exports of Vegetable Products ($332M), Animal and Vegetable Bi-Products ($54.6M), and Textiles ($40.8M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Honduras. Similarly, the more yellow a dot/product is, the more Honduras has comparative advantage over Germany.

Product Space of Germany (Flag) and Honduras (Flag) (2022)

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