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Pricing

2022
Flag → Flag
Exports $120MRnk 103 / 218
2022
Flag → Flag
Top Product $7.55MUnglazed Ceramics
2022
Flag → Flag
Exports $77.7MRnk 18 / 124
2022
Flag → Flag
Top Product $23.2MCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.59Rnk 86 / 124
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
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GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Spain-Honduras In 2022, Spain exported $120M to Honduras. The main products that Spain exported to Honduras are Unglazed Ceramics ($7.55M), Non-Knit Women's Suits ($6.01M), and Vaccines, blood, antisera, toxins and cultures ($5.58M). During the last 27 years the exports of Spain to Honduras have increased at an annualized rate of 1.77%, from $74.9M in 1995 to $120M in 2022.

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

Honduras-Spain In 2022, Honduras exported $77.7M to Spain. The main products that Honduras exported to Spain were Coffee ($23.2M), Palm Oil ($20.8M), and Coconut Oil ($7.39M). During the last 27 years the exports of Honduras to Spain have increased at an annualized rate of 0.83%, from $62.2M in 1995 to $77.7M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). 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, Spain exported €6.72M and imported €12.4M from Honduras, resulting in a negative trade balance of €5.64M. Between January 2023 and January 2024 the exports of Spain have increased by €1.4M (26.3%) from €5.32M to €6.72M, while imports increased by €3.24M (35.5%) from €9.12M to €12.4M.

Trade In January 2024, the top exports of Spain to Honduras were Non-Knit Women's Suits (€301k), Commodities not elsewhere specified (€263k), Unglazed Ceramics (€202k), Processed Synthetic Staple Fibers (€182k), and Washing and Bottling Machines (€176k). In January 2024 the top imports of Spain from Honduras were Palm Oil (€3.66M), Coconut Oil (€1.55M), Processed Crustaceans (€1.42M), Coffee (€835k), and Other Vegetables (€616k).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€1.16M), Madrid (€1.03M), Asturias (€575k), Valencia (€542k), and Castellón (€460k), while imports destinations were mainly Barcelona (€9.86M), Madrid (€743k), Alicante (€404k), Girona (€352k), and Granada (€214k).

Growth In January 2024, the increase in Spain's year-by-year exports to Honduras was explained primarily by an increase in product exports in Scales (€167k or 20.9k%), Processed Synthetic Staple Fibers (€127k or 230%), and Plastic Lids (€99.1k or 682%). In January 2024, the increase in Spain's year-by-year imports  from Honduras was explained primarily by an increase in product imports  in Palm Oil (€3.66M or 3.6M%), Other Vegetables (€429k or 230%), and Other Processed Fruits and Nuts (€19k or 67%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€1.4M(26.3%)
IMPORT GROWTH (January 2023 - January 2024)€3.24M(35.5%)
MAIN EXPORTER (January 2024)Barcelona€1.16M

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

To check Honduras and Spain 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, Spain exported $120M to Honduras. The main products exported from Spain to Honduras were Unglazed Ceramics ($7.55M), Non-Knit Women's Suits ($6.01M), and Vaccines, blood, antisera, toxins and cultures ($5.58M). During the last 27 years the exports of Spain to Honduras have increased at an annualized rate of 1.77%, from $74.9M in 1995 to $120M in 2022.

In 2022, Honduras exported $77.7M to Spain. The main products exported from Honduras to Spain were Coffee ($23.2M), Palm Oil ($20.8M), and Coconut Oil ($7.39M). During the last 27 years the exports of Honduras to Spain have increased at an annualized rate of 0.83%, from $62.2M in 1995 to $77.7M in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Honduras
Top DestinationUnited States$6.31B

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

In 2021, countries that imported more from Spain than Honduras were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Honduras

Flow
Scale

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

During 2022, Spain had a large net trade with Honduras in the exports of Machines ($28.3M), Chemical Products ($23.1M), and Textiles ($20.6M).

During 2022, Honduras had a large net trade with Spain in the exports of Vegetable Products ($30.2M), Animal and Vegetable Bi-Products ($28.2M), and Foodstuffs ($7.94M).

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 Spain has comparative advantage over Honduras. Similarly, the more yellow a dot/product is, the more Honduras has comparative advantage over Spain.

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

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