2018
Exports
$125MWorld Rnk 25 / 180
Flag Rnk 14 / 884
2022
PRODUCT COMPLEXITY IN Light Rubberized Knitted Fabric
-0.28Rnk 640 / 1025
2018
Imports
$209MWorld Rnk 35 / 215
Flag Rnk 11 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2018, Honduras exported $125M in Light Rubberized Knitted Fabric, making it the 25th largest exporter of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 14th most exported product in Honduras. The main destination of Light Rubberized Knitted Fabric exports from Honduras are: El Salvador ($42.5M), Guatemala ($31.6M), Nicaragua ($27M), Mexico ($21.2M), and Dominican Republic ($1.24M).

The fastest growing export markets for Light Rubberized Knitted Fabric of Honduras between 2021 and 2022 were Mexico ($17.1M), Nicaragua ($1.8M), and Dominican Republic ($224k).

Imports In 2022, Honduras imported $209M in Light Rubberized Knitted Fabric, becoming the 35th largest importer of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 11th most imported product in Honduras. Honduras imports Light Rubberized Knitted Fabric primarily from: United States ($97.6M), El Salvador ($58.8M), Guatemala ($26M), China ($9.37M), and Chinese Taipei ($5.95M).

The fastest growing import markets in Light Rubberized Knitted Fabric for Honduras between 2021 and 2022 were United States ($13.3M), Guatemala ($3.86M), and China ($2.72M).

COMPANIES In 2023, leading companies such as Old Navy (8) were at the forefront of shipping Light Rubberized Knitted Fabric from Honduras to the United States.

Latest Trends

Oct 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 Light Rubberized Knitted Fabric. 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)$125M
IMPORTS (2022)$209M
NET TRADE (2022)-$84.2M

In 2022, Honduras exported $125M in Light Rubberized Knitted Fabric. The main destinations of Honduras exports on Light Rubberized Knitted Fabric were El Salvador ($42.5M), Guatemala ($31.6M), Nicaragua ($27M), Mexico ($21.2M), and Dominican Republic ($1.24M).

In 2022, Honduras imported $209M in Light Rubberized Knitted Fabric, mainly from United States ($97.6M), El Salvador ($58.8M), Guatemala ($26M), China ($9.37M), and Chinese Taipei ($5.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Light Rubberized Knitted Fabric EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Mexico$17.1M (411%)
Nicaragua$1.8M (7.13%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Rubberized Knitted Fabric BY Honduras WERE (2021 - 2022):
Guatemala-$6.46M (-17%)
El Salvador-$1.83M (-4.13%)
United States-$282k (-65.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Light Rubberized Knitted Fabric were:
In 2022, Honduras's main importing competitors in Light Rubberized Knitted Fabric were:

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Trade Value of Light Rubberized Knitted Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMexico+ $580
TOP IMPORT POTENTIALChina+ $210k

Light Rubberized Knitted Fabric’s highest export potential is Mexico. With an export gap of $580.   Light Rubberized Knitted Fabric’s highest import potential is China with an import gap of $210k.

See methodology.

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