Honduras (HND) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Honduras-Germany Trade: 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). Over the past 5 years the exports of Honduras to Germany have increased at an annualized rate of 0.48%, from $451M in 2017 to $462M in 2022.

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

Germany-Honduras Trade: In 2022, Germany exported $175M to Honduras. The main products that Germany exported to Honduras were Other Uncoated Paper ($13.2M), Textile Processing Machines ($10.8M), and Low-voltage Protection Equipment ($10.1M). Over the past 5 years the exports of Germany to Honduras have increased at an annualized rate of 3.04%, from $151M in 2017 to $175M in 2022.

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

Comparison: In 2022, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 5 years the exports of Honduras to Germany have increased at an annualized rate of 0.48%, from $451M in 2017 to $462M in 2022.

In 2017, 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 5 years the exports of Germany to Honduras have increased at an annualized rate of 3.04%, from $151M in 2022 to $175M in 2017.

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

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

Latest Data

Trade between Honduras () and Germany ()

Honduras Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Germany
Top DestinationUnited States$153B

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

In 2022, countries that imported more from Honduras than Germany included Nicaragua ($1.02B), El Salvador ($940M), and Guatemala ($596M).

In 2022, countries that imported more from Germany than Honduras included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Honduras - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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).

During 2017, Germany had a large net trade with Honduras in the exports of Machines ($81.3M), Chemical Products ($27.1M), and Paper Goods ($21.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Germany+$33.2MKnit T-shirts

Top Product Potential Germany Honduras+$6.77MVaccines, blood, antisera, toxins and cultures

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

Year

This visualization shows the product space at the HS4 level with the flags of Honduras and Germany. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Honduras.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Honduras () and Germany ()

Honduras Exports

Germany Exports

Market Competitiveness

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

Comparative Advantage Honduras - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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