2023
Flag  
GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
 GDP
$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH
86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC 
$32,610CURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC
$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH
55.3%CURRENT US$
Rnk 38 / 195

About

Slovenia-Honduras Trade: In 2023, Slovenia exported $8M to Honduras. The main products that Slovenia exported to Honduras were Other Printed Material ($2.93M), Documents of title (bonds etc) and unused stamps ($2.45M), and Packaged Medicaments ($2.03M). Over the past 5 years the exports of Slovenia to Honduras have increased at an annualized rate of 60.6%, from $748k in 2018 to $8M in 2023.

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

Honduras-Slovenia Trade: In 2023, Honduras exported $1.62M to Slovenia. The main products that Honduras exported to Slovenia were Coffee ($901k), Knit T-shirts ($347k), and Melons ($91.1k). Over the past 5 years the exports of Honduras to Slovenia have increased at an annualized rate of 0.21%,  from $1.61M in 2018 to $1.62M in 2023.

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

Comparison: In 2023,  Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $8M to Honduras. The main products exported from Slovenia to Honduras were Other Printed Material ($2.93M), Documents of title (bonds etc) and unused stamps ($2.45M), and Packaged Medicaments ($2.03M). During the last 5 years the exports of Slovenia to Honduras have increased at an annualized rate of 60.6%, from $748k in 2018 to $8M in 2023.

In 2018, Honduras exported $1.62M to Slovenia. The main products exported from Honduras to Slovenia were Coffee ($901k), Knit T-shirts ($347k), and Melons ($91.1k). During the last 5 years the exports of Honduras to Slovenia have increased at an annualized rate of 0.21%, from $1.61M in 2023 to $1.62M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Honduras (Flag)

Slovenia Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$13.5B
Honduras
Top Destination
United States$5.87B

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

In 2023, countries that imported more from Slovenia than Honduras included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

In 2023, countries that imported more from Honduras than Slovenia included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

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

Comparative Advantage Slovenia - Honduras

Flow
Scale

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

During 2023, Slovenia had a large net trade with Honduras in the exports of Paper Goods ($5.38M), Chemical Products ($2.09M), and Machines ($155k).

During 2018, Honduras had a large net trade with Slovenia in the exports of Vegetable Products ($1M), Textiles ($522k), and Foodstuffs ($56.3k).

Potential Exports

Potential Exports

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

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

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

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