2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Finland-Honduras In 2022, Finland exported $2.48M to Honduras. The main products that Finland exported to Honduras are Kaolin Coated Paper ($784k), Other Uncoated Paper ($394k), and Electrical Transformers ($243k). During the last 27 years the exports of Finland to Honduras have increased at an annualized rate of 1.07%, from $1.87M in 1995 to $2.48M in 2022.

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

Honduras-Finland In 2022, Honduras exported $35.1M to Finland. The main products that Honduras exported to Finland were Coffee ($34M), Knit T-shirts ($487k), and Melons ($244k). During the last 27 years the exports of Honduras to Finland have increased at an annualized rate of 5.73%, from $7.79M in 1995 to $35.1M in 2022.

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

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Honduras ranked 86 in the Economic Complexity Index (ECI -0.59), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $2.48M to Honduras. The main products exported from Finland to Honduras were Kaolin Coated Paper ($784k), Other Uncoated Paper ($394k), and Electrical Transformers ($243k). During the last 27 years the exports of Finland to Honduras have increased at an annualized rate of 1.07%, from $1.87M in 1995 to $2.48M in 2022.

In 2022, Honduras exported $35.1M to Finland. The main products exported from Honduras to Finland were Coffee ($34M), Knit T-shirts ($487k), and Melons ($244k). During the last 27 years the exports of Honduras to Finland have increased at an annualized rate of 5.73%, from $7.79M in 1995 to $35.1M in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Honduras (Flag)

Finland Exports

Honduras Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Honduras
Top Destination
United States$6.31B

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

In 2021, countries that imported more from Finland than Honduras were Germany ($9.99B), Sweden ($9.1B), and Netherlands ($5.88B).

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

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

Comparative Advantage Finland - Honduras

Flow
Scale

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

During 2022, Finland had a large net trade with Honduras in the exports of Paper Goods ($1.18M), Machines ($1.05M), and Instruments ($99.9k).

During 2022, Honduras had a large net trade with Finland in the exports of Vegetable Products ($34.4M), Textiles ($678k), and Machines ($27.1k).

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

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

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