2021
Exports | Imports
$72.6M | $22.2MWorld Rnk 50 / 221
Flag Rnk 24 / 961
World Rnk 89 / 223
Flag Rnk 137 / 1147
2021
ECONOMIC COMPLEXITY of Honduras
-0.5Rnk 84 / 131
2021
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.15Rnk 870 / 1024

About

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).

Latest Trends

Dec 2023

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 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

Trade Balance

Color
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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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Honduras WERE (2020 - 2021):
United States$12.5M (26.1%)
Guatemala$795k (39.3%)
Costa Rica$314k (248%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Honduras WERE (2020 - 2021):
Mexico-$1.1M (-45.7%)
Saudi Arabia-$556k (-86.3%)
Czechia-$516k (-92.7%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
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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Trade Value of Non-Knit Men's Suits by Exporters

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