Honduras (HND) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Honduras-Ireland Trade: In 2022, Honduras exported $8.67M to Ireland. The main products that Honduras exported to Ireland were Coffee ($2.85M), Felt or Coated Fabric Garments ($1.46M), and Knit Sweaters ($802k). Over the past 5 years the exports of Honduras to Ireland have increased at an annualized rate of 6.57%, from $6.31M in 2017 to $8.67M in 2022.

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

Ireland-Honduras Trade: In 2022, Ireland exported $1.1M to Honduras. The main products that Ireland exported to Honduras were Malt Extract ($416k), Packaged Medicaments ($236k), and Concentrated Milk ($187k). Over the past 5 years the exports of Ireland to Honduras have decreased at an annualized rate of 27.5%, from $7.55M in 2017 to $1.1M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $8.67M to Ireland. The main products exported from Honduras to Ireland were Coffee ($2.85M), Felt or Coated Fabric Garments ($1.46M), and Knit Sweaters ($802k). During the last 5 years the exports of Honduras to Ireland have increased at an annualized rate of 6.57%, from $6.31M in 2017 to $8.67M in 2022.

In 2017, Ireland exported $1.1M to Honduras. The main products exported from Ireland to Honduras were Malt Extract ($416k), Packaged Medicaments ($236k), and Concentrated Milk ($187k). During the last 5 years the exports of Ireland to Honduras have decreased at an annualized rate of 27.5%, from $7.55M in 2022 to $1.1M in 2017.

Exports from Honduras () to Ireland () (2022)

Exports from Ireland () to Honduras () (2022)

Latest Data

Trade between Honduras () and Ireland ()

Honduras Exports

Date

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Ireland
Top DestinationUnited States$70.7B

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

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

In 2022, countries that imported more from Ireland than Honduras included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Honduras - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Ireland in the exports of Vegetable Products ($4.29M), Textiles ($3.1M), and Foodstuffs ($1.18M).

During 2017, Ireland had a large net trade with Honduras in the exports of Foodstuffs ($454k), Chemical Products ($236k), and Animal Products ($187k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Ireland+$2.36MCoffee

Top Product Potential Ireland Honduras+$906kPackaged Medicaments

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Ireland () (2022)

Exports from Ireland () to Honduras () (2022)

Latest Data

Trade between Honduras () and Ireland ()

Honduras Exports

Ireland Exports

Market Competitiveness

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

Comparative Advantage Honduras - Ireland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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