2022
Exports
$46.8kWorld Rnk 148 / 213
Flag Rnk 465 / 884
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$5.82MWorld Rnk 119 / 225
Flag Rnk 305 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $46.8k in Interchangeable Tool Parts, making it the 148th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 465th most exported product in Honduras. The main destination of Interchangeable Tool Parts exports from Honduras are: Guatemala ($13.7k), Slovenia ($8.12k), India ($5.35k), Dominican Republic ($4.52k), and Canada ($4.14k).

The fastest growing export markets for Interchangeable Tool Parts of Honduras between 2021 and 2022 were Slovenia ($7.98k), Guatemala ($7.91k), and India ($5.35k).

Imports In 2022, Honduras imported $5.82M in Interchangeable Tool Parts, becoming the 119th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 305th most imported product in Honduras. Honduras imports Interchangeable Tool Parts primarily from: United States ($2.4M), China ($985k), Germany ($813k), Mexico ($768k), and Czechia ($161k).

The fastest growing import markets in Interchangeable Tool Parts for Honduras between 2021 and 2022 were United States ($788k), Germany ($713k), and Mexico ($51k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (375) and Adidas (2) were at the forefront of shipping Interchangeable Tool Parts from Honduras to the United States.

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 Interchangeable Tool Parts. 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)$46.8k
IMPORTS (2022)$5.82M
NET TRADE (2022)-$5.77M

In 2022, Honduras exported $46.8k in Interchangeable Tool Parts. The main destinations of Honduras exports on Interchangeable Tool Parts were Guatemala ($13.7k), Slovenia ($8.12k), India ($5.35k), Dominican Republic ($4.52k), and Canada ($4.14k).

In 2022, Honduras imported $5.82M in Interchangeable Tool Parts, mainly from United States ($2.4M), China ($985k), Germany ($813k), Mexico ($768k), and Czechia ($161k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Slovenia$7.98k (5.87k%)
Guatemala$7.91k (136%)
India$5.35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Honduras WERE (2021 - 2022):
Panama-$12.2k (-100%)
Italy-$6.78k (-100%)
Nicaragua-$2.59k (-87.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Honduras's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $13.8k
TOP IMPORT POTENTIALChina+ $795k

Interchangeable Tool Parts’s highest export potential is India. With an export gap of $13.8k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $795k.

See methodology.

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