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2023
Flag → Flag
Exports $22MRnk 109 / 211
2023
Flag → Flag
Top Product $9.13MPackaged Medicaments
2023
Flag → Flag
Exports $8.74MRnk 39 / 142
2023
Flag → Flag
Top Product $3.1MCoffee
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
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GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Ireland-Honduras Trade: In 2023, Ireland exported $22M to Honduras. The main products that Ireland exported to Honduras were Packaged Medicaments ($9.13M), Coffee and Tea Extracts ($4.31M), and Malt Extract ($1.75M). Over the past 5 years the exports of Ireland to Honduras have increased at an annualized rate of 6.77%, from $15.9M in 2018 to $22M in 2023.

In 2023, Ireland did not export any services to Honduras.

Honduras-Ireland Trade: In 2023, Honduras exported $8.74M to Ireland. The main products that Honduras exported to Ireland were Coffee ($3.1M), Bananas ($1.73M), and Knit Sweaters ($924k). Over the past 5 years the exports of Honduras to Ireland have decreased at an annualized rate of 0.098%,  from $8.78M in 2018 to $8.74M in 2023.

In 2023, Honduras did not export any services to Ireland.

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Honduras, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Honduras were . In N/A the top imports of Ireland from Honduras were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Honduras was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports  from Honduras was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

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

To check Honduras and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Honduras and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $22M to Honduras. The main products exported from Ireland to Honduras were Packaged Medicaments ($9.13M), Coffee and Tea Extracts ($4.31M), and Malt Extract ($1.75M). During the last 5 years the exports of Ireland to Honduras have increased at an annualized rate of 6.77%, from $15.9M in 2018 to $22M in 2023.

In 2018, Honduras exported $8.74M to Ireland. The main products exported from Honduras to Ireland were Coffee ($3.1M), Bananas ($1.73M), and Knit Sweaters ($924k). During the last 5 years the exports of Honduras to Ireland have decreased at an annualized rate of 0.098%, from $8.78M in 2023 to $8.74M in 2018.

Exports from Ireland (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Ireland (Flag) (2023)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Ireland than Honduras included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from Honduras than Ireland included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

Difference in imports from Honduras (Flag) and Ireland (Flag) (2023)

Comparative Advantage Ireland - Honduras

Flow
Scale

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

During 2023, Ireland had a large net trade with Honduras in the exports of Chemical Products ($10.3M), Foodstuffs ($6.5M), and Machines ($3.32M).

During 2018, Honduras had a large net trade with Ireland in the exports of Vegetable Products ($5.75M), Textiles ($2.05M), and Foodstuffs ($689k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Honduras+$906kPackaged Medicaments
Top Product Potential Honduras Ireland+$2.36MCoffee

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

Product Space of Ireland (Flag) and Honduras (Flag) (2023)

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