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2023
Flag → Flag
Exports $65.3MRnk 57 / 183
2023
Flag → Flag
Top Product $8.54MMalt Extract
2023
Flag → Flag
Exports $9.58MRnk 37 / 142
2023
Flag → Flag
Top Product $2.38MRaw Sugar
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Chile-Honduras Trade: In 2023, Chile exported $65.3M to Honduras. The main products that Chile exported to Honduras were Malt Extract ($8.54M), Other Edible Preparations ($4.37M), and Apples and Pears ($4.06M). Over the past 5 years the exports of Chile to Honduras have increased at an annualized rate of 1.12%, from $61.8M in 2018 to $65.3M in 2023.

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

Honduras-Chile Trade: In 2023, Honduras exported $9.58M to Chile. The main products that Honduras exported to Chile were Raw Sugar ($2.38M), Knit T-shirts ($2.02M), and Felt or Coated Fabric Garments ($1.76M). Over the past 5 years the exports of Honduras to Chile have increased at an annualized rate of 4.77%,  from $7.59M in 2018 to $9.58M in 2023.

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

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $2.92M and imported $3.15k from Honduras, resulting in a positive trade balance of $2.92M. Between November 2023 and November 2024 the exports of Chile have decreased by $-503k (-14.7%) from $3.43M to $2.92M, while imports decreased by $-36.7k (-92.1%) from $39.8k to $3.15k.

Trade In November 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 November 2024 the top imports of Chile from Honduras were Textile Scraps ($32.8k) and Rolled Tobacco ($812).

Origins In November 2024 the exports of Chile were mainly from Las Condes ($697k), Providencia ($457k), San Bernardo ($327k), Santiago ($287k), and Vitacura ($179k), while imports destinations were mainly Las Condes ($3.15k).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-503k(-14.7%)
IMPORT GROWTH (November 2023 - November 2024)$-36.7k(-92.1%)
MAIN EXPORTER (November 2024)Las Condes$697k

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 2023, Chile exported $65.3M to Honduras. The main products exported from Chile to Honduras were Malt Extract ($8.54M), Other Edible Preparations ($4.37M), and Apples and Pears ($4.06M). During the last 5 years the exports of Chile to Honduras have increased at an annualized rate of 1.12%, from $61.8M in 2018 to $65.3M in 2023.

In 2018, Honduras exported $9.58M to Chile. The main products exported from Honduras to Chile were Raw Sugar ($2.38M), Knit T-shirts ($2.02M), and Felt or Coated Fabric Garments ($1.76M). During the last 5 years the exports of Honduras to Chile have increased at an annualized rate of 4.77%, from $7.59M in 2023 to $9.58M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Honduras
Top DestinationUnited States$5.87B

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 2023, countries that imported more from Chile than Honduras included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

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

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 2023, Chile had a large net trade with Honduras in the exports of Foodstuffs ($23.3M), Vegetable Products ($12M), and Paper Goods ($9.88M).

During 2018, Honduras had a large net trade with Chile in the exports of Textiles ($5.14M), Foodstuffs ($2.42M), and Paper Goods ($863k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Honduras+$659kPackaged Medicaments
Top Product Potential Honduras Chile+N/AN/A

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) (2023)

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