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2022
Flag → Flag
Exports $730kRnk 67 / 124
2022
Flag → Flag
Top Product $369kCoffee
2022
Flag → Flag
Exports $105kRnk 158 / 188
2022
Flag → Flag
Top Product $70.6kPeat
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Honduras-Estonia Trade: In 2022, Honduras exported $730k to Estonia. The main products that Honduras exported to Estonia were Coffee ($369k), Crustaceans ($121k), and Spices ($63.2k). Over the past 5 years the exports of Honduras to Estonia have increased at an annualized rate of 3.72%, from $608k in 2017 to $730k in 2022.

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

Estonia-Honduras Trade: In 2022, Estonia exported $105k to Honduras. The main products that Estonia exported to Honduras were Peat ($70.6k) and Electrical Control Boards ($34.4k). Over the past 5 years the exports of Estonia to Honduras have decreased at an annualized rate of 46.9%,  from $2.48M in 2017 to $105k in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $730k to Estonia. The main products exported from Honduras to Estonia were Coffee ($369k), Crustaceans ($121k), and Spices ($63.2k). During the last 5 years the exports of Honduras to Estonia have increased at an annualized rate of 3.72%, from $608k in 2017 to $730k in 2022.

In 2017, Estonia exported $105k to Honduras. The main products exported from Estonia to Honduras were Peat ($70.6k) and Electrical Control Boards ($34.4k). During the last 5 years the exports of Estonia to Honduras have decreased at an annualized rate of 46.9%, from $2.48M in 2022 to $105k in 2017.

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

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

Latest Data

Trade between Honduras (Flag) and Estonia (Flag)

Honduras Exports

Estonia Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from Honduras than Estonia included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

In 2022, countries that imported more from Estonia than Honduras included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Honduras - Estonia

Flow
Scale

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

During 2022, Honduras had a large net trade with Estonia in the exports of Vegetable Products ($565k), Animal Products ($121k), and Textiles ($24.2k).

During 2017, Estonia had a large net trade with Honduras in the exports of Mineral Products ($70.6k) and Machines ($34.4k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Honduras and Estonia. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Honduras.

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

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