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Pricing

2022
Flag → Flag
Exports $12.7MRnk 110 / 208
2022
Flag → Flag
Top Product $5.14MVinyl Chloride Polymers
2022
Flag → Flag
Exports $4.21MRnk 49 / 124
2022
Flag → Flag
Top Product $2.66MCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Portugal-Honduras Trade: In 2022, Portugal exported $12.7M to Honduras. The main products that Portugal exported to Honduras were Vinyl Chloride Polymers ($5.14M), Ethylene Polymers ($1.68M), and Packaged Medicaments ($1.19M). Over the past 5 years the exports of Portugal to Honduras have increased at an annualized rate of 12.3%, from $7.14M in 2017 to $12.7M in 2022.

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

Honduras-Portugal Trade: In 2022, Honduras exported $4.21M to Portugal. The main products that Honduras exported to Portugal were Coffee ($2.66M), Textile Scraps ($1.2M), and Rosin ($60.8k). Over the past 5 years the exports of Honduras to Portugal have decreased at an annualized rate of 13.4%,  from $8.64M in 2017 to $4.21M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €2.18M and imported €1.28M from Honduras, resulting in a positive trade balance of €901k. Between June 2023 and June 2024 the exports of Portugal have increased by €595k (37.4%) from €1.59M to €2.18M, while imports increased by €408k (46.6%) from €876k to €1.28M.

Trade In June 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 June 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 June 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 June 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 (June 2023 - June 2024)€595k(37.4%)
IMPORT GROWTH (June 2023 - June 2024)€408k(46.6%)

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 2022, Portugal exported $12.7M to Honduras. The main products exported from Portugal to Honduras were Vinyl Chloride Polymers ($5.14M), Ethylene Polymers ($1.68M), and Packaged Medicaments ($1.19M). During the last 5 years the exports of Portugal to Honduras have increased at an annualized rate of 12.3%, from $7.14M in 2017 to $12.7M in 2022.

In 2017, Honduras exported $4.21M to Portugal. The main products exported from Honduras to Portugal were Coffee ($2.66M), Textile Scraps ($1.2M), and Rosin ($60.8k). During the last 5 years the exports of Honduras to Portugal have decreased at an annualized rate of 13.4%, from $8.64M in 2022 to $4.21M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Honduras
Top DestinationUnited States$6.31B

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 2022, countries that imported more from Portugal than Honduras included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

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 2022, Portugal had a large net trade with Honduras in the exports of Plastics and Rubbers ($7.08M), Chemical Products ($1.78M), and Machines ($1.77M).

During 2017, Honduras had a large net trade with Portugal in the exports of Vegetable Products ($2.66M), Textiles ($1.28M), and Foodstuffs ($148k).

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.

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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) (2022)

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