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2023
Flag → Flag
Exports $300MRnk 103 / 220
2023
Flag → Flag
Top Product $85.3MCopper Wire
2023
Flag → Flag
Exports $395MRnk 7 / 142
2023
Flag → Flag
Top Product $286MCoffee
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
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GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
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 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
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GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
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GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
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GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
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GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
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GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Germany-Honduras Trade: In 2023, Germany exported $300M to Honduras. The main products that Germany exported to Honduras were Copper Wire ($85.3M), Packaged Medicaments ($38.8M), and Vaccines, blood, antisera, toxins and cultures ($12.4M). Over the past 5 years the exports of Germany to Honduras have increased at an annualized rate of 7.55%, from $209M in 2018 to $300M in 2023.

In 2023, Germany did not export any services to Honduras.

Honduras-Germany Trade: In 2023, Honduras exported $395M to Germany. The main products that Honduras exported to Germany were Coffee ($286M), Knit T-shirts ($32.2M), and Palm Oil ($22.3M). Over the past 5 years the exports of Honduras to Germany have increased at an annualized rate of 0.3%,  from $383M in 2018 to $395M in 2023.

In 2023, Honduras did not export any services to Germany.

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €12.1M and imported €10.8M from Honduras, resulting in a positive trade balance of €1.33M. Between November 2023 and November 2024 the exports of Germany have decreased by €-9.2M (-43.2%) from €21.3M to €12.1M, while imports decreased by €-6.01M (-35.8%) from €16.8M to €10.8M.

Trade In November 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 November 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 November 2024 the exports of Germany were mainly from Bavaria (€2.22M), Baden-Württemberg (€1.65M), North Rhine-Westphalia (€1.36M), Hesse (€1.25M), and Saxony (€833k), while imports destinations were mainly Hamburg (€3.01M), Bremen (€2.19M), North Rhine-Westphalia (€1.6M), Berlin (€864k), and Lower Saxony (€818k).

Growth In November 2024, the decrease in Germany's year-by-year exports to Honduras was explained primarily by an decrease in product exports in Other chemical final products (€-463k or -56.3%), Machinery for textile, apparel, leather production (€-430k or -45.5%), and Paper and paperboard (€-425k or -29%). In November 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

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-9.2M(-43.2%)
IMPORT GROWTH (November 2023 - November 2024)€-6.01M(-35.8%)
MAIN EXPORTER (November 2024)Bavaria€2.22M

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.

Explore Honduras and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $300M to Honduras. The main products exported from Germany to Honduras were Copper Wire ($85.3M), Packaged Medicaments ($38.8M), and Vaccines, blood, antisera, toxins and cultures ($12.4M). During the last 5 years the exports of Germany to Honduras have increased at an annualized rate of 7.55%, from $209M in 2018 to $300M in 2023.

In 2018, Honduras exported $395M to Germany. The main products exported from Honduras to Germany were Coffee ($286M), Knit T-shirts ($32.2M), and Palm Oil ($22.3M). During the last 5 years the exports of Honduras to Germany have increased at an annualized rate of 0.3%, from $383M in 2023 to $395M in 2018.

Exports from Germany (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Honduras
Top DestinationUnited States$5.87B

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 2023, countries that imported more from Germany than Honduras included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Honduras than Germany included Nicaragua ($980M), El Salvador ($796M), and North Korea ($980k).

Difference in imports from Honduras (Flag) and Germany (Flag) (2023)

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 2023, Germany had a large net trade with Honduras in the exports of Metals ($91.9M), Chemical Products ($77.6M), and Machines ($74.5M).

During 2018, Honduras had a large net trade with Germany in the exports of Vegetable Products ($295M), Textiles ($44.8M), and Animal and Vegetable Bi-Products ($25M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Honduras+$6.77MVaccines, blood, antisera, toxins and cultures
Top Product Potential Honduras Germany+$33.2MKnit T-shirts

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

Product Space of Germany (Flag) and Honduras (Flag) (2023)

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