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Pricing

2022
Flag → Flag
Exports $4.9MRnk 42 / 124
2022
Flag → Flag
Top Product $3.72MCoffee
2022
Flag → Flag
Exports $9.02MRnk 139 / 218
2022
Flag → Flag
Top Product $2.12MRefrigerators
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Honduras-Denmark Trade: In 2022, Honduras exported $4.9M to Denmark. The main products that Honduras exported to Denmark were Coffee ($3.72M), Other live plants, cuttings and slips; mushroom spawn ($998k), and Rolled Tobacco ($49.9k). Over the past 5 years the exports of Honduras to Denmark have increased at an annualized rate of 3.58%, from $4.11M in 2017 to $4.9M in 2022.

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

Denmark-Honduras Trade: In 2022, Denmark exported $9.02M to Honduras. The main products that Denmark exported to Honduras were Refrigerators ($2.12M), Enzymes ($1.14M), and Concentrated Milk ($922k). Over the past 5 years the exports of Denmark to Honduras have decreased at an annualized rate of 3.13%,  from $18.1M in 2017 to $9.02M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $4.9M to Denmark. The main products exported from Honduras to Denmark were Coffee ($3.72M), Other live plants, cuttings and slips; mushroom spawn ($998k), and Rolled Tobacco ($49.9k). During the last 5 years the exports of Honduras to Denmark have increased at an annualized rate of 3.58%, from $4.11M in 2017 to $4.9M in 2022.

In 2017, Denmark exported $9.02M to Honduras. The main products exported from Denmark to Honduras were Refrigerators ($2.12M), Enzymes ($1.14M), and Concentrated Milk ($922k). During the last 5 years the exports of Denmark to Honduras have decreased at an annualized rate of 3.13%, from $18.1M in 2022 to $9.02M in 2017.

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

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

Latest Data

Trade between Honduras (Flag) and Denmark (Flag)

Honduras Exports

Denmark Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Denmark
Top DestinationGermany$18.9B

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

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

In 2022, countries that imported more from Denmark than Honduras included Germany ($18.9B), Sweden ($11.6B), and Netherlands ($7.26B).

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

Comparative Advantage Honduras - Denmark

Flow
Scale

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

During 2022, Honduras had a large net trade with Denmark in the exports of Vegetable Products ($4.72M), Textiles ($88.2k), and Foodstuffs ($49.9k).

During 2017, Denmark had a large net trade with Honduras in the exports of Machines ($4.48M), Chemical Products ($1.67M), and Animal Products ($922k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Denmark+$2.74MCoffee
Top Product Potential Denmark Honduras+$492kVaccines, 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

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

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

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