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2023
Flag → Flag
Exports $63MRnk 134 / 224
2023
Flag → Flag
Top Product $8.62MOther Edible Preparations
2023
Flag → Flag
Exports $208MRnk 8 / 142
2023
Flag → Flag
Top Product $92.5MPalm Oil
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Netherlands-Honduras Trade: In 2023, Netherlands exported $63M to Honduras. The main products that Netherlands exported to Honduras were Other Edible Preparations ($8.62M), Coffee and Tea Extracts ($5.13M), and Onions ($4.83M). Over the past 5 years the exports of Netherlands to Honduras have increased at an annualized rate of 5.27%, from $48.7M in 2018 to $63M in 2023.

In 2023, Netherlands did not export any services to Honduras.

Honduras-Netherlands Trade: In 2023, Honduras exported $208M to Netherlands. The main products that Honduras exported to Netherlands were Palm Oil ($92.5M), Coffee ($52.9M), and Melons ($16.8M). Over the past 5 years the exports of Honduras to Netherlands have decreased at an annualized rate of 5.25%,  from $272M in 2018 to $208M in 2023.

In 2023, Honduras did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €4M and imported €16M from Honduras, resulting in a negative trade balance of €12M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-1M (-20%) from €5M to €4M, while imports increased by €12M (300%) from €4M to €16M.

Trade In October 2024, the top exports of Netherlands to Honduras were Undefined (€2M) and Tea and matT (€1M). In October 2024 the top imports of Netherlands from Honduras were Fixed vegetable fats and oils, crude,... (€8M), Crustaceans, molluscs and aquatic invertebrates, whether... (€1M), Fruit, preserved, and fruit preparations (excluding... (€1M), Crude vegetable materials, n.e.s. (€1M), and Alcohols, phenols, phenol-alcohols, and their halogenated,... (€1M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€-1M(-20%)
IMPORT GROWTH (October 2023 - October 2024)€12M(300%)

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

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

For full datasets download visit Bulk Download page.

Explore Honduras and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $63M to Honduras. The main products exported from Netherlands to Honduras were Other Edible Preparations ($8.62M), Coffee and Tea Extracts ($5.13M), and Onions ($4.83M). During the last 5 years the exports of Netherlands to Honduras have increased at an annualized rate of 5.27%, from $48.7M in 2018 to $63M in 2023.

In 2018, Honduras exported $208M to Netherlands. The main products exported from Honduras to Netherlands were Palm Oil ($92.5M), Coffee ($52.9M), and Melons ($16.8M). During the last 5 years the exports of Honduras to Netherlands have decreased at an annualized rate of 5.25%, from $272M in 2023 to $208M in 2018.

Exports from Netherlands (Flag) to Honduras (Flag) (2023)

Exports from Honduras (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Netherlands than Honduras included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Honduras than Netherlands included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

Difference in imports from Honduras (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Honduras

Flow
Scale

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

During 2023, Netherlands had a large net trade with Honduras in the exports of Foodstuffs ($23.4M), Machines ($13.1M), and Vegetable Products ($9.52M).

During 2018, Honduras had a large net trade with Netherlands in the exports of Animal and Vegetable Bi-Products ($109M), Vegetable Products ($86.6M), and Foodstuffs ($5.15M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Honduras+$1.9MPackaged Medicaments
Top Product Potential Honduras Netherlands+$14.2MCoffee

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

Product Space of Netherlands (Flag) and Honduras (Flag) (2023)

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