2022
Flag  
GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 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
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Honduras-Sweden Trade: In 2022, Honduras exported $44.7M to Sweden. The main products that Honduras exported to Sweden were Coffee ($44.2M), Knit T-shirts ($166k), and Rolled Tobacco ($101k). Over the past 5 years the exports of Honduras to Sweden have increased at an annualized rate of 0.66%, from $43.3M in 2017 to $44.7M in 2022.

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

Sweden-Honduras Trade: In 2022, Sweden exported $16.3M to Honduras. The main products that Sweden exported to Honduras were Blank Audio Media ($5.73M), Washing and Bottling Machines ($2.23M), and Kraft Paper ($1.55M). Over the past 5 years the exports of Sweden to Honduras have decreased at an annualized rate of 9.23%,  from $26.4M in 2017 to $16.3M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $44.7M to Sweden. The main products exported from Honduras to Sweden were Coffee ($44.2M), Knit T-shirts ($166k), and Rolled Tobacco ($101k). During the last 5 years the exports of Honduras to Sweden have increased at an annualized rate of 0.66%, from $43.3M in 2017 to $44.7M in 2022.

In 2017, Sweden exported $16.3M to Honduras. The main products exported from Sweden to Honduras were Blank Audio Media ($5.73M), Washing and Bottling Machines ($2.23M), and Kraft Paper ($1.55M). During the last 5 years the exports of Sweden to Honduras have decreased at an annualized rate of 9.23%, from $26.4M in 2022 to $16.3M in 2017.

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

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

Latest Data

Trade between Honduras (Flag) and Sweden (Flag)

Honduras Exports

Sweden Exports

Market Competitiveness

Color
Honduras
Top Destination
United States$6.31B
Sweden
Top Destination
Germany$19.2B

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

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

In 2022, countries that imported more from Sweden than Honduras included Germany ($19.2B), Norway ($18.7B), and Denmark ($14.6B).

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

Comparative Advantage Honduras - Sweden

Flow
Scale

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

During 2022, Honduras had a large net trade with Sweden in the exports of Vegetable Products ($44.2M), Textiles ($332k), and Foodstuffs ($102k).

During 2017, Sweden had a large net trade with Honduras in the exports of Machines ($12.4M), Paper Goods ($1.87M), and Chemical Products ($698k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Sweden+$741kKnit T-shirts
Top Product Potential Sweden Honduras+$1.36MTelephones

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

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

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