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2023
Flag → Flag
Exports $145MRnk 51 / 168
2023
Flag → Flag
Top Product $118MDelivery Trucks
2023
Flag → Flag
Exports $2.15MRnk 65 / 142
2023
Flag → Flag
Top Product $1.21MInsulated Wire
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Argentina-Honduras Trade: In 2023, Argentina exported $145M to Honduras. The main products that Argentina exported to Honduras were Delivery Trucks ($118M), Packaged Medicaments ($5.45M), and Cars ($4.35M). Over the past 5 years the exports of Argentina to Honduras have increased at an annualized rate of 14.7%, from $72.7M in 2018 to $145M in 2023.

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

Honduras-Argentina Trade: In 2023, Honduras exported $2.15M to Argentina. The main products that Honduras exported to Argentina were Insulated Wire ($1.21M), Knit T-shirts ($316k), and Coffee ($272k). Over the past 5 years the exports of Honduras to Argentina have decreased at an annualized rate of 20.7%,  from $6.84M in 2018 to $2.15M in 2023.

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

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $145M to Honduras. The main products exported from Argentina to Honduras were Delivery Trucks ($118M), Packaged Medicaments ($5.45M), and Cars ($4.35M). During the last 5 years the exports of Argentina to Honduras have increased at an annualized rate of 14.7%, from $72.7M in 2018 to $145M in 2023.

In 2018, Honduras exported $2.15M to Argentina. The main products exported from Honduras to Argentina were Insulated Wire ($1.21M), Knit T-shirts ($316k), and Coffee ($272k). During the last 5 years the exports of Honduras to Argentina have decreased at an annualized rate of 20.7%, from $6.84M in 2023 to $2.15M in 2018.

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

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

Latest Data

Trade between Argentina (Flag) and Honduras (Flag)

Argentina Exports

Honduras Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Argentina than Honduras included Brazil ($12.1B), Chile ($5.57B), and China ($5.36B).

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

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

Comparative Advantage Argentina - Honduras

Flow
Scale

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

During 2023, Argentina had a large net trade with Honduras in the exports of Transportation ($123M), Chemical Products ($8.12M), and Foodstuffs ($4.03M).

During 2018, Honduras had a large net trade with Argentina in the exports of Machines ($1.23M), Textiles ($396k), and Vegetable Products ($272k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Honduras+$4.86kRefined Petroleum
Top Product Potential Honduras Argentina+$4.72kInsulated Wire

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

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

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