2022
Flag  
GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
GDP PC 
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Honduras-Slovenia Trade: In 2022, Honduras exported $1.59M to Slovenia. The main products that Honduras exported to Slovenia were Coffee ($815k), Knit T-shirts ($286k), and Melons ($114k). Over the past 5 years the exports of Honduras to Slovenia have decreased at an annualized rate of 10.7%, from $2.8M in 2017 to $1.59M in 2022.

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

Slovenia-Honduras Trade: In 2022, Slovenia exported $3.58M to Honduras. The main products that Slovenia exported to Honduras were Other Printed Material ($3.41M), Medical Instruments ($47.8k), and Vegetable or Animal Dyes ($41k). Over the past 5 years the exports of Slovenia to Honduras have decreased at an annualized rate of 2.32%,  from $4.03M in 2017 to $3.58M in 2022.

In 2022, Slovenia 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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $1.59M to Slovenia. The main products exported from Honduras to Slovenia were Coffee ($815k), Knit T-shirts ($286k), and Melons ($114k). During the last 5 years the exports of Honduras to Slovenia have decreased at an annualized rate of 10.7%, from $2.8M in 2017 to $1.59M in 2022.

In 2017, Slovenia exported $3.58M to Honduras. The main products exported from Slovenia to Honduras were Other Printed Material ($3.41M), Medical Instruments ($47.8k), and Vegetable or Animal Dyes ($41k). During the last 5 years the exports of Slovenia to Honduras have decreased at an annualized rate of 2.32%, from $4.03M in 2022 to $3.58M in 2017.

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

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

Latest Data

Trade between Honduras (Flag) and Slovenia (Flag)

Honduras Exports

Slovenia Exports

Market Competitiveness

Color
Honduras
Top Destination
United States$6.31B
Slovenia
Top Destination
Switzerland$9.92B

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

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

In 2022, countries that imported more from Slovenia than Honduras included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

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

Comparative Advantage Honduras - Slovenia

Flow
Scale

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

During 2022, Honduras had a large net trade with Slovenia in the exports of Vegetable Products ($942k), Textiles ($534k), and Animal Products ($47.4k).

During 2017, Slovenia had a large net trade with Honduras in the exports of Paper Goods ($3.41M), Instruments ($72.2k), and Chemical Products ($57.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Slovenia+$896kCoffee
Top Product Potential Slovenia Honduras+$83.7kMedical Instruments

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

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

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