2023
Exports
$1.2MWorld Rnk 126 / 210
Flag Rnk 235 / 960
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$519MWorld Rnk 95 / 225
Flag Rnk 5 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $1.2M in Cars, making it the 126th largest exporter of Cars in the world. At the same year, Cars was the 235th most exported product in Honduras. The main destination of Cars exports from Honduras are: United States ($604k), El Salvador ($81.3k), Ireland ($79.6k), Peru ($66.1k), and Guyana ($60.1k).

The fastest growing export markets for Cars of Honduras between 2022 and 2023 were El Salvador ($81.3k), Ireland ($79.6k), and Peru ($66.1k).

Imports In 2023, Honduras imported $519M in Cars, becoming the 95th largest importer of Cars in the world. At the same year, Cars was the 5th most imported product in Honduras. Honduras imports Cars primarily from: United States ($222M), Japan ($122M), South Korea ($33.2M), China ($25.7M), and Canada ($19.6M).

The fastest growing import markets in Cars for Honduras between 2022 and 2023 were United States ($97M), Japan ($89.1M), and Canada ($19.3M).

COMPANIES In 2024, leading companies such as Dole Fresh Fruit (40), Halyard Health (4), and Rothfos (1) were at the forefront of shipping Cars from Honduras to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.2M
IMPORTS (2023)$519M
NET TRADE (2023)-$518M

In 2023, Honduras exported $1.2M in Cars. The main destinations of Honduras exports on Cars were United States ($604k), El Salvador ($81.3k), Ireland ($79.6k), Peru ($66.1k), and Guyana ($60.1k).

In 2023, Honduras imported $519M in Cars, mainly from United States ($222M), Japan ($122M), South Korea ($33.2M), China ($25.7M), and Canada ($19.6M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
El Salvador$81.3k (1%)
Ireland$79.6k (1%)
Peru$66.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Honduras WERE (2022 - 2023):
United States-$2.62M (-81.3%)
Nigeria-$60.1k (-100%)
Saudi Arabia-$47.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Honduras's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Honduras's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.03M
TOP IMPORT POTENTIALJapan+ $18.2M

Cars’s highest export potential is United States. With an export gap of $6.03M.   Cars’s highest import potential is Japan with an import gap of $18.2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with