2022
Exports
$2.1BWorld Rnk 7 / 226
Flag Rnk 1 / 884
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$419MWorld Rnk 28 / 223
Flag Rnk 4 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $2.1B in Knit T-shirts, making it the 7th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 1st most exported product in Honduras. The main destination of Knit T-shirts exports from Honduras are: United States ($1.12B), Nicaragua ($455M), El Salvador ($249M), Mexico ($84.2M), and Canada ($58.6M).

The fastest growing export markets for Knit T-shirts of Honduras between 2021 and 2022 were United States ($754M), Nicaragua ($327M), and El Salvador ($133M).

Imports In 2022, Honduras imported $419M in Knit T-shirts, becoming the 28th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 4th most imported product in Honduras. Honduras imports Knit T-shirts primarily from: Nicaragua ($259M), El Salvador ($100M), United States ($50.7M), Guatemala ($2.52M), and Spain ($2.44M).

The fastest growing import markets in Knit T-shirts for Honduras between 2021 and 2022 were Nicaragua ($114M), United States ($38.2M), and El Salvador ($18.2M).

COMPANIES In 2023, leading companies such as Gildan Activewear (93), Adidas (24), and Nike (1) were at the forefront of shipping Knit T-shirts from Honduras to the United States.

Latest Trends

Oct 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 Knit T-shirts. 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 (2022)$2.1B
IMPORTS (2022)$419M
NET TRADE (2022)$1.68B

In 2022, Honduras exported $2.1B in Knit T-shirts. The main destinations of Honduras exports on Knit T-shirts were United States ($1.12B), Nicaragua ($455M), El Salvador ($249M), Mexico ($84.2M), and Canada ($58.6M).

In 2022, Honduras imported $419M in Knit T-shirts, mainly from Nicaragua ($259M), El Salvador ($100M), United States ($50.7M), Guatemala ($2.52M), and Spain ($2.44M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$754M (208%)
Nicaragua$327M (254%)
El Salvador$133M (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Honduras WERE (2021 - 2022):
Mexico-$14.3M (-14.5%)
China-$4.26M (-41.6%)
Colombia-$2.09M (-32.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Honduras's main exporting competitors in Knit T-shirts were:
In 2022, Honduras's main importing competitors in Knit T-shirts were:

Explore Visualizations

Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $76.1M
TOP IMPORT POTENTIALGuatemala+ $3.78M

Knit T-shirts’s highest export potential is United States. With an export gap of $76.1M.   Knit T-shirts’s highest import potential is Guatemala with an import gap of $3.78M.

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