2022
Exports
$389kWorld Rnk 136 / 185
Flag Rnk 280 / 884
falsefalse Guatemala
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$54MWorld Rnk 106 / 222
Flag Rnk 59 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $389k in Large Construction Vehicles, making it the 136th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 280th most exported product in Honduras. The main destination of Large Construction Vehicles exports from Honduras are: Guatemala ($389k).

Imports In 2022, Honduras imported $54M in Large Construction Vehicles, becoming the 106th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 59th most imported product in Honduras. Honduras imports Large Construction Vehicles primarily from: Brazil ($19.2M), China ($11.2M), United States ($10.1M), South Korea ($6.32M), and India ($1.98M).

The fastest growing import markets in Large Construction Vehicles for Honduras between 2021 and 2022 were Brazil ($4.85M), South Korea ($2.13M), and China ($1.46M).

Latest Trends

Sep 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 Large Construction Vehicles. 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)$389k
IMPORTS (2022)$54M
NET TRADE (2022)-$53.6M

In 2022, Honduras exported $389k in Large Construction Vehicles. The main destinations of Honduras exports on Large Construction Vehicles were Guatemala ($389k).

In 2022, Honduras imported $54M in Large Construction Vehicles, mainly from Brazil ($19.2M), China ($11.2M), United States ($10.1M), South Korea ($6.32M), and India ($1.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Honduras WERE (2021 - 2022):
Nicaragua-$4.08M (-100%)
Ghana-$2M (-100%)
Guatemala-$284k (-42.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Large Construction Vehicles were:
In 2022, Honduras's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $96k
TOP IMPORT POTENTIALChina+ $4.86M

Large Construction Vehicles’s highest export potential is Guatemala. With an export gap of $96k.   Large Construction Vehicles’s highest import potential is China with an import gap of $4.86M.

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