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2022
Flag → Flag
Exports $175MRnk 114 / 223
2022
Flag → Flag
Top Product $13.2MOther Uncoated Paper
2022
Flag → Flag
Exports $462MRnk 5 / 124
2022
Flag → Flag
Top Product $313MCoffee
2022
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Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
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GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
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GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Germany-Honduras Trade: In 2022, Germany exported $175M to Honduras. The main products that Germany exported to Honduras were Other Uncoated Paper ($13.2M), Textile Processing Machines ($10.8M), and Low-voltage Protection Equipment ($10.1M). Over the past 5 years the exports of Germany to Honduras have increased at an annualized rate of 3.04%, from $151M in 2017 to $175M in 2022.

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

Honduras-Germany Trade: In 2022, Honduras exported $462M to Germany. The main products that Honduras exported to Germany were Coffee ($313M), Palm Oil ($43M), and Knit T-shirts ($29.7M). Over the past 5 years the exports of Honduras to Germany have increased at an annualized rate of 0.48%,  from $451M in 2017 to $462M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). 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, Germany exported €23.1M and imported €19.6M from Honduras, resulting in a positive trade balance of €3.44M. Between August 2023 and August 2024 the exports of Germany have decreased by €-4.81M (-17.3%) from €27.9M to €23.1M, while imports decreased by €-3.89M (-16.6%) from €23.5M to €19.6M.

Trade In August 2024, the top exports of Germany to Honduras were Semi-finished products of copper and copper... (€8.18M), Machinery for electricity production, distribution (€3.43M), Paper and paperboard (€1.04M), Agricultural machinery (incl. tractors) (€890k), and Articles of plastic (€610k). In August 2024 the top imports of Germany from Honduras were Coffee (€13M), Vegetable oils and fats (€5.86M), Apparel of knitted or crocheted fabrics... (€3.71M), Fish and crustaceans, molluscs (€1.94M), and Unmanufactured tobacco and tobacco products (€1.55M).

Origins In August 2024 the exports of Germany were mainly from Hamburg (€8.4M), Bavaria (€2.78M), North Rhine-Westphalia (€1.87M), Baden-Württemberg (€1.73M), and Lower Saxony (€1.36M), while imports destinations were mainly Hamburg (€6.71M), Bremen (€5.69M), Baden-Württemberg (€1.9M), North Rhine-Westphalia (€1.72M), and Lower Saxony (€1.08M).

Growth In August 2024, the decrease in Germany's year-by-year exports to Honduras was explained primarily by an decrease in product exports in Other chemical final products (€-463k or -56.3%), Machinery for textile, apparel, leather production (€-430k or -45.5%), and Paper and paperboard (€-425k or -29%). In August 2024, the decrease in Germany's year-by-year imports  from Honduras was explained primarily by an decrease in product imports  in Nuts and dried fruits (€-5.68M or -96.5%), Vegetable oils and fats (€-589k or -9.14%), and Products of waxes or fats (€-22k or -95.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-4.81M(-17.3%)
IMPORT GROWTH (August 2023 - August 2024)€-3.89M(-16.6%)
MAIN EXPORTER (August 2024)Hamburg€8.4M

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

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

For full datasets download visit Bulk Download page.

Explore Honduras and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $175M to Honduras. The main products exported from Germany to Honduras were Other Uncoated Paper ($13.2M), Textile Processing Machines ($10.8M), and Low-voltage Protection Equipment ($10.1M). During the last 5 years the exports of Germany to Honduras have increased at an annualized rate of 3.04%, from $151M in 2017 to $175M in 2022.

In 2017, Honduras exported $462M to Germany. The main products exported from Honduras to Germany were Coffee ($313M), Palm Oil ($43M), and Knit T-shirts ($29.7M). During the last 5 years the exports of Honduras to Germany have increased at an annualized rate of 0.48%, from $451M in 2022 to $462M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Honduras
Top DestinationUnited States$6.31B

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

In 2022, countries that imported more from Germany than Honduras included United States ($153B), France ($120B), and China ($109B).

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

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

Comparative Advantage Germany - Honduras

Flow
Scale

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

During 2022, Germany had a large net trade with Honduras in the exports of Machines ($81.3M), Chemical Products ($27.1M), and Paper Goods ($21.2M).

During 2017, Honduras had a large net trade with Germany in the exports of Vegetable Products ($332M), Animal and Vegetable Bi-Products ($54.6M), and Textiles ($40.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Honduras+$6.77MVaccines, blood, antisera, toxins and cultures
Top Product Potential Honduras Germany+$33.2MKnit 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 Germany and Honduras. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Germany.

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

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