Knit Sweaters in Honduras | The Observatory of Economic Complexity

About

Exports In 2022, Honduras exported $1.57B in Knit Sweaters, making it the 11th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 2nd most exported product in Honduras. The main destination of Knit Sweaters exports from Honduras are: United States ($1.24B), Nicaragua ($138M), Canada ($52.4M), El Salvador ($48.6M), and Mexico ($33.6M).

The fastest growing export markets for Knit Sweaters of Honduras between 2021 and 2022 were United States ($199M), Nicaragua ($114M), and El Salvador ($23M).

Imports In 2022, Honduras imported $198M in Knit Sweaters, becoming the 43rd largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 12th most imported product in Honduras. Honduras imports Knit Sweaters primarily from: El Salvador ($114M), Nicaragua ($79.1M), Guatemala ($1.57M), Spain ($1.54M), and United States ($1.02M).

The fastest growing import markets in Knit Sweaters for Honduras between 2021 and 2022 were Nicaragua ($47.8M), El Salvador ($14.7M), and Spain ($322k).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (2.6k), GILDAN ACTIVEWEAR (EDEN) INC. (728), and OLD NAVY (CANADA) INC (16) were at the forefront of shipping Knit Sweaters from Honduras to the United States.

Feb 2024

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

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 Knit Sweaters. Countries are shown based on data availability.

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

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.57B

IMPORTS (2022)$198M

NET TRADE (2022)$1.37B

In 2022, Honduras exported $1.57B in Knit Sweaters. The main destinations of Honduras exports on Knit Sweaters were United States ($1.24B), Nicaragua ($138M), Canada ($52.4M), El Salvador ($48.6M), and Mexico ($33.6M).

In 2022, Honduras imported $198M in Knit Sweaters, mainly from El Salvador ($114M), Nicaragua ($79.1M), Guatemala ($1.57M), Spain ($1.54M), and United States ($1.02M).