2022
Exports
$53.4kWorld Rnk 97 / 182
Flag Rnk 447 / 884
2022
PRODUCT COMPLEXITY IN Cutting Blades
1.38Rnk 76 / 1025
2022
Imports
$3.3MWorld Rnk 79 / 219
Flag Rnk 402 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $53.4k in Cutting Blades, making it the 97th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 447th most exported product in Honduras. The main destination of Cutting Blades exports from Honduras are: Nicaragua ($21.3k), Guatemala ($14.5k), Dominican Republic ($13.4k), Belize ($3.29k), and Costa Rica ($706).

The fastest growing export markets for Cutting Blades of Honduras between 2021 and 2022 were Dominican Republic ($13.4k), Belize ($3.29k), and Denmark ($16).

Imports In 2022, Honduras imported $3.3M in Cutting Blades, becoming the 79th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 402nd most imported product in Honduras. Honduras imports Cutting Blades primarily from: Italy ($1.04M), United States ($497k), Mexico ($466k), Brazil ($331k), and Guatemala ($217k).

The fastest growing import markets in Cutting Blades for Honduras between 2021 and 2022 were Italy ($464k), Mexico ($241k), and Guatemala ($120k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Cutting Blades. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$53.4k
IMPORTS (2022)$3.3M
NET TRADE (2022)-$3.25M

In 2022, Honduras exported $53.4k in Cutting Blades. The main destinations of Honduras exports on Cutting Blades were Nicaragua ($21.3k), Guatemala ($14.5k), Dominican Republic ($13.4k), Belize ($3.29k), and Costa Rica ($706).

In 2022, Honduras imported $3.3M in Cutting Blades, mainly from Italy ($1.04M), United States ($497k), Mexico ($466k), Brazil ($331k), and Guatemala ($217k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Belize$3.29k (1%)
Denmark$16 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Honduras WERE (2021 - 2022):
Guatemala-$25.3k (-63.6%)
El Salvador-$11k (-98.4%)
Costa Rica-$2.37k (-77%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Cutting Blades were:
In 2022, Honduras's main importing competitors in Cutting Blades were:

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $7.91k
TOP IMPORT POTENTIALChina+ $165k

Cutting Blades’s highest export potential is Guatemala. With an export gap of $7.91k.   Cutting Blades’s highest import potential is China with an import gap of $165k.

See methodology.

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