2022
Exports
$46.2kWorld Rnk 131 / 209
Flag Rnk 466 / 884
2022
PRODUCT COMPLEXITY IN Electrical Ignitions
0.62Rnk 310 / 1025
2022
Imports
$7.07MWorld Rnk 99 / 223
Flag Rnk 276 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $46.2k in Electrical Ignitions, making it the 131st largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 466th most exported product in Honduras. The main destination of Electrical Ignitions exports from Honduras are: Guatemala ($21k), United States ($18k), Angola ($2.48k), Bahamas ($2k), and Canada ($1.07k).

The fastest growing export markets for Electrical Ignitions of Honduras between 2021 and 2022 were Guatemala ($11.1k), Angola ($2.48k), and Bahamas ($2k).

Imports In 2022, Honduras imported $7.07M in Electrical Ignitions, becoming the 99th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 276th most imported product in Honduras. Honduras imports Electrical Ignitions primarily from: China ($2.29M), United States ($1.17M), Mexico ($920k), El Salvador ($588k), and India ($534k).

The fastest growing import markets in Electrical Ignitions for Honduras between 2021 and 2022 were Malaysia ($146k), India ($79.3k), and Guatemala ($65.5k).

Latest Trends

Oct 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 Electrical Ignitions. 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)$46.2k
IMPORTS (2022)$7.07M
NET TRADE (2022)-$7.02M

In 2022, Honduras exported $46.2k in Electrical Ignitions. The main destinations of Honduras exports on Electrical Ignitions were Guatemala ($21k), United States ($18k), Angola ($2.48k), Bahamas ($2k), and Canada ($1.07k).

In 2022, Honduras imported $7.07M in Electrical Ignitions, mainly from China ($2.29M), United States ($1.17M), Mexico ($920k), El Salvador ($588k), and India ($534k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$11.1k (112%)
Angola$2.48k (1%)
Bahamas$2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Honduras WERE (2021 - 2022):
United States-$47.2k (-72.4%)
El Salvador-$14.8k (-99.7%)
Nicaragua-$4.13k (-89.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Electrical Ignitions were:
In 2022, Honduras's main importing competitors in Electrical Ignitions were:

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Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $53.3k
TOP IMPORT POTENTIALChina+ $802k

Electrical Ignitions’s highest export potential is United States. With an export gap of $53.3k.   Electrical Ignitions’s highest import potential is China with an import gap of $802k.

See methodology.

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