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Pricing

2022
Flag → Flag
Exports $10.8MRnk 32 / 124
2022
Flag → Flag
Top Product $2.97MFelt or Coated Fabric Garments
2022
Flag → Flag
Exports $41.7MRnk 64 / 185
2022
Flag → Flag
Top Product $4.7MMalt Extract
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $10.8M in 2022.

In 2017, 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 2022 to $41.7M in 2017.

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

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

Latest Data

Trade between Honduras (Flag) and Chile (Flag)

Honduras Exports

Chile Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Honduras - Chile

Flow
Scale

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

During 2022, Honduras had a large net trade with Chile in the exports of Textiles ($8.7M), Paper Goods ($545k), and Foodstuffs ($413k).

During 2017, Chile had a large net trade with Honduras in the exports of Foodstuffs ($18.9M), Vegetable Products ($7.74M), and Paper Goods ($3.38M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Chile+$4.57MKnit T-shirts
Top Product Potential Chile Honduras+$659kPackaged Medicaments

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

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

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