HS Icon Non-Knit Men's Suits in  Flag Honduras

2021
Exports | Imports
: $72.6M | $22.2M, World Rnk 50 / 221
Flag Rnk 24 / 961 | World Rnk 89 / 223
Flag Rnk 137 / 1147

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $12.5M | $3.34M, United States |  China

2021
ECONOMIC COMPLEXITY of Honduras
: -0.5, Rnk 84 / 131

2021
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
: -1.08, Rnk 860 / 1029

Exports In 2021, Honduras exported $72.6M in Non-Knit Men's Suits, making it the 50th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 24th most exported product in Honduras. The main destination of Non-Knit Men's Suits exports from Honduras are: United States ($60.7M), Guatemala ($2.81M), Japan ($2.32M), Canada ($2.03M), and Mexico ($1.3M).

The fastest growing export markets for Non-Knit Men's Suits of Honduras between 2020 and 2021 were United States ($12.5M), Guatemala ($795k), and Costa Rica ($314k).

Imports In 2021, Honduras imported $22.2M in Non-Knit Men's Suits, becoming the 89th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 137th most imported product in Honduras. Honduras imports Non-Knit Men's Suits primarily from: China ($7.83M), Nicaragua ($4.9M), Mexico ($1.91M), Bangladesh ($1.54M), and Spain ($1.36M).

The fastest growing import markets in Non-Knit Men's Suits for Honduras between 2020 and 2021 were China ($3.34M), Nicaragua ($2.43M), and Mexico ($1.72M).

Tariffs In 2018, the average tariff for Honduras in Non-Knit Men's Suits was 13.3%. The countries with the highest import tariffs for Non-Knit Men's Suits were Angola (Most Favoured Nation duty rate treatment, 15%), Burundi (Most Favoured Nation duty rate treatment, 15%), Benin (Most Favoured Nation duty rate treatment, 15%), Burkina Faso (Most Favoured Nation duty rate treatment, 15%), and Botswana (Most Favoured Nation duty rate treatment, 15%).

Apr 2023

Subnational Monthly Trade

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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 Non-Knit Men's Suits. 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

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EXPORTS (2021): $72.6M

IMPORTS (2021): $22.2M

NET TRADE (2021): $50.4M

In 2021, Honduras exported $72.6M in Non-Knit Men's Suits. The main destinations of Honduras exports on Non-Knit Men's Suits were United States ($60.7M), Guatemala ($2.81M), Japan ($2.32M), Canada ($2.03M), and Mexico ($1.3M).

In 2021, Honduras imported $22.2M in Non-Knit Men's Suits, mainly from China ($7.83M), Nicaragua ($4.9M), Mexico ($1.91M), Bangladesh ($1.54M), and Spain ($1.36M).

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THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Honduras WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Honduras WERE (2020 - 2021):

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Market Concentration

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In 2021, Honduras's main exporting competitors in Non-Knit Men's Suits were:

In 2021, Honduras's main importing competitors in Non-Knit Men's Suits were:

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