2022
Exports
$46.1kWorld Rnk 141 / 184
Flag Rnk 467 / 884
falsefalse Costa Rica
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$18.2MWorld Rnk 105 / 219
Flag Rnk 151 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $46.1k in Lifting Machinery, making it the 141st largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 467th most exported product in Honduras. The main destination of Lifting Machinery exports from Honduras are: Costa Rica ($21.3k), Germany ($9.09k), Ecuador ($6.11k), El Salvador ($3.74k), and Guatemala ($3.55k).

The fastest growing export markets for Lifting Machinery of Honduras between 2021 and 2022 were Germany ($9.09k), Ecuador ($6.11k), and Dominican Republic ($2.26k).

Imports In 2022, Honduras imported $18.2M in Lifting Machinery, becoming the 105th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 151st most imported product in Honduras. Honduras imports Lifting Machinery primarily from: Germany ($4.96M), United States ($4.02M), China ($2.85M), Brazil ($1.21M), and France ($959k).

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 Lifting Machinery. 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)$46.1k
IMPORTS (2022)$18.2M
NET TRADE (2022)-$18.1M

In 2022, Honduras exported $46.1k in Lifting Machinery. The main destinations of Honduras exports on Lifting Machinery were Costa Rica ($21.3k), Germany ($9.09k), Ecuador ($6.11k), El Salvador ($3.74k), and Guatemala ($3.55k).

In 2022, Honduras imported $18.2M in Lifting Machinery, mainly from Germany ($4.96M), United States ($4.02M), China ($2.85M), Brazil ($1.21M), and France ($959k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Germany$9.09k (1%)
Ecuador$6.11k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Honduras WERE (2021 - 2022):
Mexico-$303k (-100%)
Costa Rica-$186k (-89.7%)
Guatemala-$180k (-98.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Honduras's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $19.1k
TOP IMPORT POTENTIALChina+ $1.95M

Lifting Machinery’s highest export potential is Germany. With an export gap of $19.1k.   Lifting Machinery’s highest import potential is China with an import gap of $1.95M.

See methodology.

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