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Pricing

2022
Flag → Flag
Exports $111MRnk 115 / 221
2022
Flag → Flag
Top Product $27.4MTextile Processing Machines
2022
Flag → Flag
Exports $262MRnk 8 / 124
2022
Flag → Flag
Top Product $155MPalm Oil
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Italy-Honduras Trade: In 2022, Italy exported $111M to Honduras. The main products that Italy exported to Honduras were Textile Processing Machines ($27.4M), Machinery Having Individual Functions ($9.27M), and Other Non-Metal Removal Machinery ($7.43M). Over the past 5 years the exports of Italy to Honduras have increased at an annualized rate of 9.06%, from $72.1M in 2017 to $111M in 2022.

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

Honduras-Italy Trade: In 2022, Honduras exported $262M to Italy. The main products that Honduras exported to Italy were Palm Oil ($155M), Coffee ($87.1M), and Coconut Oil ($16.1M). Over the past 5 years the exports of Honduras to Italy have increased at an annualized rate of 18.2%,  from $81.2M in 2017 to $262M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Latest Trends

April, 2024

About

Overview In April 2024, Italy exported €2.38M and imported €7.3M from Honduras, resulting in a negative trade balance of €4.92M. Between April 2023 and April 2024 the exports of Italy have decreased by €-1.89M (-44.3%) from €4.27M to €2.38M, while imports decreased by €-3.51M (-32.5%) from €10.8M to €7.3M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (April 2023 - April 2024)€-1.89M(-44.3%)
IMPORT GROWTH (June 2023 - June 2024)€-3.51M(-32.5%)

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

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

For full datasets download visit Bulk Download page.

Explore Honduras and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $111M to Honduras. The main products exported from Italy to Honduras were Textile Processing Machines ($27.4M), Machinery Having Individual Functions ($9.27M), and Other Non-Metal Removal Machinery ($7.43M). During the last 5 years the exports of Italy to Honduras have increased at an annualized rate of 9.06%, from $72.1M in 2017 to $111M in 2022.

In 2017, Honduras exported $262M to Italy. The main products exported from Honduras to Italy were Palm Oil ($155M), Coffee ($87.1M), and Coconut Oil ($16.1M). During the last 5 years the exports of Honduras to Italy have increased at an annualized rate of 18.2%, from $81.2M in 2022 to $262M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Italy than Honduras included Germany ($78.5B), France ($63.8B), and United States ($68.2B).

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

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

Comparative Advantage Italy - Honduras

Flow
Scale

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

During 2022, Italy had a large net trade with Honduras in the exports of Machines ($77.5M), Chemical Products ($5.1M), and Mineral Products ($3.5M).

During 2017, Honduras had a large net trade with Italy in the exports of Animal and Vegetable Bi-Products ($171M), Vegetable Products ($87.7M), and Textiles ($1.85M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Honduras+$7.22MRefined Petroleum
Top Product Potential Honduras Italy+$31.1MCoffee

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

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

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