Honduras (HND) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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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.

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 10.1%, from $7.14M in 2017 to $12.7M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $4.21M in 2022.

In 2017, 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 10.1%, from $7.14M in 2022 to $12.7M in 2017.

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

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

Latest Data

Trade between Honduras () and Portugal ()

Honduras Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Honduras
Top DestinationUnited States$6.31B

Portugal
Top DestinationSpain$20.5B

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

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

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

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

Comparative Advantage Honduras - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Honduras had a large net trade with Portugal in the exports of Vegetable Products ($2.66M), Textiles ($1.28M), and Foodstuffs ($148k).

During 2017, 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).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Honduras Portugal+$2.67MCoffee

Top Product Potential Portugal Honduras+$1.11MPackaged 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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Honduras () and Portugal ()

Honduras Exports

Portugal Exports

Market Competitiveness

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

Comparative Advantage Honduras - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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