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2022
Flag → Flag
Exports $216MRnk 9 / 124
2022
Flag → Flag
Top Product $111MPalm Oil
2022
Flag → Flag
Exports $68MRnk 132 / 224
2022
Flag → Flag
Top Product $7.54MOther Agricultural Machinery
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC $3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Honduras-Netherlands Trade: In 2022, Honduras exported $216M to Netherlands. The main products that Honduras exported to Netherlands were Palm Oil ($111M), Melons ($22.5M), and Coconut Oil ($19.1M). Over the past 5 years the exports of Honduras to Netherlands have decreased at an annualized rate of 5.65%, from $289M in 2017 to $216M in 2022.

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

Netherlands-Honduras Trade: In 2022, Netherlands exported $68M to Honduras. The main products that Netherlands exported to Honduras were Other Agricultural Machinery ($7.54M), Beer ($7.28M), and Sowing Seeds ($6.57M). Over the past 5 years the exports of Netherlands to Honduras have increased at an annualized rate of 10.7%,  from $40.9M in 2017 to $68M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Honduras exported $216M to Netherlands. The main products exported from Honduras to Netherlands were Palm Oil ($111M), Melons ($22.5M), and Coconut Oil ($19.1M). During the last 5 years the exports of Honduras to Netherlands have decreased at an annualized rate of 5.65%, from $289M in 2017 to $216M in 2022.

In 2017, Netherlands exported $68M to Honduras. The main products exported from Netherlands to Honduras were Other Agricultural Machinery ($7.54M), Beer ($7.28M), and Sowing Seeds ($6.57M). During the last 5 years the exports of Netherlands to Honduras have increased at an annualized rate of 10.7%, from $40.9M in 2022 to $68M in 2017.

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

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

Latest Data

Trade between Honduras (Flag) and Netherlands (Flag)

Honduras Exports

Netherlands Exports

Market Competitiveness

Color
Honduras
Top DestinationUnited States$6.31B
Netherlands
Top DestinationGermany$131B

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

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

In 2022, countries that imported more from Netherlands than Honduras included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Honduras - Netherlands

Flow
Scale

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

During 2022, Honduras had a large net trade with Netherlands in the exports of Animal and Vegetable Bi-Products ($137M), Vegetable Products ($52.9M), and Animal Products ($16.9M).

During 2017, Netherlands had a large net trade with Honduras in the exports of Foodstuffs ($20.4M), Vegetable Products ($15M), and Machines ($13.3M).

Potential Exports

Potential Exports

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

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

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

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