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Pricing

2022
Flag → Flag
Exports $16.3MRnk 119 / 217
2022
Flag → Flag
Top Product $5.73MBlank Audio Media
2022
Flag → Flag
Exports $44.7MRnk 23 / 124
2022
Flag → Flag
Top Product $44.2MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 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 $55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Sweden-Honduras Trade: In 2022, Sweden exported $16.3M to Honduras. The main products that Sweden exported to Honduras were Blank Audio Media ($5.73M), Washing and Bottling Machines ($2.23M), and Kraft Paper ($1.55M). Over the past 5 years the exports of Sweden to Honduras have decreased at an annualized rate of 9.23%, from $26.4M in 2017 to $16.3M in 2022.

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

Honduras-Sweden Trade: In 2022, Honduras exported $44.7M to Sweden. The main products that Honduras exported to Sweden were Coffee ($44.2M), Knit T-shirts ($166k), and Rolled Tobacco ($101k). Over the past 5 years the exports of Honduras to Sweden have increased at an annualized rate of 0.66%,  from $43.3M in 2017 to $44.7M in 2022.

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

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Latest Trends

August, 2024

About

Overview In August 2024, Sweden exported SEK3.89M and imported SEK33.3M from Honduras, resulting in a negative trade balance of SEK29.4M. Between August 2023 and August 2024 the exports of Sweden have decreased by SEK-2.36M (-37.7%) from SEK6.25M to SEK3.89M, while imports decreased by SEK-102M (-75.4%) from SEK135M to SEK33.3M.

Trade In August 2024, the top exports of Sweden to Honduras were Blank Audio Media (SEK5.94M), Kraft Paper (SEK2.82M), Dairy Machinery (SEK2.61M), Sulfates (SEK2.41M), and Large Construction Vehicles (SEK669k). In August 2024 the top imports of Sweden from Honduras were Coffee (SEK7.68M).

Growth In August 2024, the decrease in Sweden's year-by-year exports to Honduras was explained primarily by an decrease in product exports in Centrifuges (SEK-308k or -87.3%), Plastic Lids (SEK-304k or -46.6%), and Motor-working Tools (SEK-300k or -95.2%). In August 2024, the decrease in Sweden's year-by-year imports  from Honduras was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)SEK-2.36M(-37.7%)
IMPORT GROWTH (August 2023 - August 2024)SEK-102M(-75.4%)

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

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

For full datasets download visit Bulk Download page.

Explore Honduras and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $16.3M to Honduras. The main products exported from Sweden to Honduras were Blank Audio Media ($5.73M), Washing and Bottling Machines ($2.23M), and Kraft Paper ($1.55M). During the last 5 years the exports of Sweden to Honduras have decreased at an annualized rate of 9.23%, from $26.4M in 2017 to $16.3M in 2022.

In 2017, Honduras exported $44.7M to Sweden. The main products exported from Honduras to Sweden were Coffee ($44.2M), Knit T-shirts ($166k), and Rolled Tobacco ($101k). During the last 5 years the exports of Honduras to Sweden have increased at an annualized rate of 0.66%, from $43.3M in 2022 to $44.7M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Sweden than Honduras included Germany ($19.2B), Norway ($18.7B), and Denmark ($14.6B).

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

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

Comparative Advantage Sweden - Honduras

Flow
Scale

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

During 2022, Sweden had a large net trade with Honduras in the exports of N/A.

During 2017, Honduras had a large net trade with Sweden in the exports of Vegetable Products ($44.2M), Textiles ($332k), and Foodstuffs ($102k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Honduras+$1.36MTelephones
Top Product Potential Honduras Sweden+$741kKnit T-shirts

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

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

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