NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $22.2MRnk 96 / 211
2023
Flag → Flag
Top Product $6.41MVinyl Chloride Polymers
2023
Flag → Flag
Exports $8.5MRnk 40 / 142
2023
Flag → Flag
Top Product $7.61MCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

About

Portugal-Honduras Trade: In 2023, Portugal exported $22.2M to Honduras. The main products that Portugal exported to Honduras were Vinyl Chloride Polymers ($6.41M), Packaged Medicaments ($3.58M), and Ethylene Polymers ($2.19M). Over the past 5 years the exports of Portugal to Honduras have increased at an annualized rate of 13.8%, from $11.7M in 2018 to $22.2M in 2023.

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

Honduras-Portugal Trade: In 2023, Honduras exported $8.5M to Portugal. The main products that Honduras exported to Portugal were Coffee ($7.61M), Textile Scraps ($383k), and Rolled Tobacco ($160k). Over the past 5 years the exports of Honduras to Portugal have decreased at an annualized rate of 12.2%,  from $16.3M in 2018 to $8.5M in 2023.

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

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €1.57M and imported €1.16M from Honduras, resulting in a positive trade balance of €405k. Between November 2023 and November 2024 the exports of Portugal have increased by €393k (33.4%) from €1.18M to €1.57M, while imports increased by €167k (16.7%) from €997k to €1.16M.

Trade In November 2024, the top exports of Portugal to Honduras were Machinery, mechanical appliances, & parts (€533k), Plastics & articles thereof (€441k), Iron & steel (€131k), Chemical products n.e.s. (€118k), and Paper articles (€73.9k). In November 2024 the top imports of Portugal from Honduras were Coffee, tea, mate & spices (€336k), Chemical products n.e.s. (€39.2k), Used clothes & textile articles (€29.1k), Cotton (€25.4k), and Knitted clothing accesories (€470).

Growth In November 2024, the increase in Portugal's year-by-year exports to Honduras was explained primarily by an increase in product exports in Machinery, mechanical appliances, & parts (€488k or 1.08k%), Plastics & articles thereof (€307k or 230%), and Paper articles (€72k or 3.9k%). In November 2024, the increase in Portugal's year-by-year imports  from Honduras was explained primarily by an increase in product imports  in Coffee, tea, mate & spices (€42.7k or 14.6%), Electrical machinery and electronics (€261 or 2.9k%), and Knitted clothing accesories (€169 or 56.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€393k(33.4%)
IMPORT GROWTH (November 2023 - November 2024)€167k(16.7%)

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

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

For full datasets download visit Bulk Download page.

Explore Honduras and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $22.2M to Honduras. The main products exported from Portugal to Honduras were Vinyl Chloride Polymers ($6.41M), Packaged Medicaments ($3.58M), and Ethylene Polymers ($2.19M). During the last 5 years the exports of Portugal to Honduras have increased at an annualized rate of 13.8%, from $11.7M in 2018 to $22.2M in 2023.

In 2018, Honduras exported $8.5M to Portugal. The main products exported from Honduras to Portugal were Coffee ($7.61M), Textile Scraps ($383k), and Rolled Tobacco ($160k). During the last 5 years the exports of Honduras to Portugal have decreased at an annualized rate of 12.2%, from $16.3M in 2023 to $8.5M in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Portugal than Honduras included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

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

Comparative Advantage Portugal - Honduras

Flow
Scale

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

During 2023, Portugal had a large net trade with Honduras in the exports of Plastics and Rubbers ($8.97M), Chemical Products ($4.57M), and Machines ($3.61M).

During 2018, Honduras had a large net trade with Portugal in the exports of Vegetable Products ($7.61M), Textiles ($516k), and Foodstuffs ($201k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Honduras+$1.11MPackaged Medicaments
Top Product Potential Honduras Portugal+$2.67MCoffee

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms