Honduras (HND) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Honduras-Greece Trade: In 2022, Honduras exported $4.14M to Greece. The main products that Honduras exported to Greece were Coffee ($3.75M), Rolled Tobacco ($363k), and Knit Sweaters ($9.6k). Over the past 5 years the exports of Honduras to Greece have increased at an annualized rate of 19.2%, from $1.72M in 2017 to $4.14M in 2022.

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

Greece-Honduras Trade: In 2022, Greece exported $1.13M to Honduras. The main products that Greece exported to Honduras were Jams ($179k), Self-adhesive Plastics ($156k), and Other Processed Fruits and Nuts ($125k). Over the past 5 years the exports of Greece to Honduras have decreased at an annualized rate of 8.2%, from $1.73M in 2017 to $1.13M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Honduras exported $4.14M to Greece. The main products exported from Honduras to Greece were Coffee ($3.75M), Rolled Tobacco ($363k), and Knit Sweaters ($9.6k). During the last 5 years the exports of Honduras to Greece have increased at an annualized rate of 19.2%, from $1.72M in 2017 to $4.14M in 2022.

In 2017, Greece exported $1.13M to Honduras. The main products exported from Greece to Honduras were Jams ($179k), Self-adhesive Plastics ($156k), and Other Processed Fruits and Nuts ($125k). During the last 5 years the exports of Greece to Honduras have decreased at an annualized rate of 8.2%, from $1.73M in 2022 to $1.13M in 2017.

Exports from Honduras () to Greece () (2022)

Exports from Greece () to Honduras () (2022)

Latest Data

Trade between Honduras () and Greece ()

Honduras Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Greece
Top DestinationItaly$5.82B

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

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

In 2022, countries that imported more from Greece than Honduras included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

Difference in imports from Greece () and Honduras () (2022)

Comparative Advantage Honduras - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Greece in the exports of Vegetable Products ($3.75M), Foodstuffs ($363k), and Textiles ($22.8k).

During 2017, Greece had a large net trade with Honduras in the exports of Foodstuffs ($306k), Machines ($298k), and Plastics and Rubbers ($204k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Greece+$2.78MCoffee

Top Product Potential Greece Honduras+$653kRefined Petroleum

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Honduras () to Greece () (2022)

Exports from Greece () to Honduras () (2022)

Latest Data

Trade between Honduras () and Greece ()

Honduras Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Honduras () (2022)

Comparative Advantage Honduras - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Honduras () and Greece () (2022)

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