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Pricing

2022
Flag → Flag
Exports $41.7MRnk 64 / 185
2022
Flag → Flag
Top Product $4.7MMalt Extract
2022
Flag → Flag
Exports $10.8MRnk 32 / 124
2022
Flag → Flag
Top Product $2.97MFelt or Coated Fabric Garments
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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 $15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Chile-Honduras Trade: In 2022, Chile exported $41.7M to Honduras. The main products that Chile exported to Honduras were Malt Extract ($4.7M), Jams ($4.02M), and Apples and Pears ($3.4M). Over the past 5 years the exports of Chile to Honduras have decreased at an annualized rate of 2.36%, from $47M in 2017 to $41.7M in 2022.

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

Honduras-Chile Trade: In 2022, Honduras exported $10.8M to Chile. The main products that Honduras exported to Chile were Felt or Coated Fabric Garments ($2.97M), Knit T-shirts ($2.94M), and Knit Sweaters ($942k). Over the past 5 years the exports of Honduras to Chile have increased at an annualized rate of 11%,  from $6.4M in 2017 to $10.8M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Latest Trends

June, 2024

About

Overview In June 2024, Chile exported $3.96M and imported $23.4k from Honduras, resulting in a positive trade balance of $3.94M. Between June 2023 and June 2024 the exports of Chile have decreased by $-2.78M (-41.2%) from $6.74M to $3.96M, while imports decreased by $-61.5k (-72.5%) from $84.8k to $23.4k.

Trade In June 2024, the top exports of Chile to Honduras were Malt Extract ($742k), Jams ($367k), Concentrated Milk ($313k), Processed Tomatoes ($279k), and Processed Cereals ($113k). In June 2024 the top imports of Chile from Honduras were Textile Scraps ($32.8k) and Rolled Tobacco ($812).

Origins In June 2024 the exports of Chile were mainly from Coronel ($954k), Las Condes ($640k), San Fernando ($509k), Providencia ($446k), and Santiago ($384k), while imports destinations were mainly Cerrillos ($23k) and Las Condes ($389).

Growth In June 2024, the decrease in Chile's year-by-year exports to Honduras was explained primarily by an decrease in product exports in Aluminium Foil ($-105k or -69.8%), Pitted Fruits ($-22.8k or -35.3%), and Confectionery Sugar ($-3.53k or -62.4%). In June 2024, the decrease in Chile'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 (June 2023 - June 2024)$-2.78M(-41.2%)
IMPORT GROWTH (June 2023 - June 2024)$-61.5k(-72.5%)
MAIN EXPORTER (June 2024)Coronel$954k

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

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

For full datasets download visit Bulk Download page.

Explore Honduras and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $41.7M to Honduras. The main products exported from Chile to Honduras were Malt Extract ($4.7M), Jams ($4.02M), and Apples and Pears ($3.4M). During the last 5 years the exports of Chile to Honduras have decreased at an annualized rate of 2.36%, from $47M in 2017 to $41.7M in 2022.

In 2017, Honduras exported $10.8M to Chile. The main products exported from Honduras to Chile were Felt or Coated Fabric Garments ($2.97M), Knit T-shirts ($2.94M), and Knit Sweaters ($942k). During the last 5 years the exports of Honduras to Chile have increased at an annualized rate of 11%, from $6.4M in 2022 to $10.8M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Chile than Honduras included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

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

Comparative Advantage Chile - Honduras

Flow
Scale

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

During 2022, Chile had a large net trade with Honduras in the exports of Foodstuffs ($18.9M), Vegetable Products ($7.74M), and Paper Goods ($3.38M).

During 2017, Honduras had a large net trade with Chile in the exports of Textiles ($8.7M), Paper Goods ($545k), and Foodstuffs ($413k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Honduras+$659kPackaged Medicaments
Top Product Potential Honduras Chile+$4.57MKnit 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 Chile and Honduras. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Chile.

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

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