2022
Exports
$18MWorld Rnk 17 / 99
Flag Rnk 78 / 884
2022
PRODUCT COMPLEXITY IN Non-Retail Mixed Cotton Yarn
-0.61Rnk 731 / 1025
2022
Imports
$104MWorld Rnk 4 / 162
Flag Rnk 30 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $18M in Non-Retail Mixed Cotton Yarn, making it the 17th largest exporter of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 78th most exported product in Honduras. The main destination of Non-Retail Mixed Cotton Yarn exports from Honduras are: Guatemala ($10.6M), Dominican Republic ($3.86M), El Salvador ($2.67M), United States ($778k), and Nicaragua ($52.1k).

The fastest growing export markets for Non-Retail Mixed Cotton Yarn of Honduras between 2021 and 2022 were Guatemala ($3.85M), Dominican Republic ($2.43M), and United States ($207k).

Imports In 2022, Honduras imported $104M in Non-Retail Mixed Cotton Yarn, becoming the 4th largest importer of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 30th most imported product in Honduras. Honduras imports Non-Retail Mixed Cotton Yarn primarily from: United States ($43.6M), Indonesia ($28.1M), El Salvador ($21.8M), India ($8.55M), and Guatemala ($1.3M).

The fastest growing import markets in Non-Retail Mixed Cotton Yarn for Honduras between 2021 and 2022 were United States ($7.69M), Indonesia ($3.78M), and El Salvador ($2.29M).

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 Non-Retail Mixed Cotton Yarn. 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)$18M
IMPORTS (2022)$104M
NET TRADE (2022)-$86M

In 2022, Honduras exported $18M in Non-Retail Mixed Cotton Yarn. The main destinations of Honduras exports on Non-Retail Mixed Cotton Yarn were Guatemala ($10.6M), Dominican Republic ($3.86M), El Salvador ($2.67M), United States ($778k), and Nicaragua ($52.1k).

In 2022, Honduras imported $104M in Non-Retail Mixed Cotton Yarn, mainly from United States ($43.6M), Indonesia ($28.1M), El Salvador ($21.8M), India ($8.55M), and Guatemala ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Mixed Cotton Yarn EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$3.85M (56.9%)
Dominican Republic$2.43M (170%)
United States$207k (36.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Mixed Cotton Yarn BY Honduras WERE (2021 - 2022):
El Salvador-$711k (-21%)
Costa Rica-$15.8k (-34.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Non-Retail Mixed Cotton Yarn were:
In 2022, Honduras's main importing competitors in Non-Retail Mixed Cotton Yarn were:

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Trade Value of Non-Retail Mixed Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $450k
TOP IMPORT POTENTIALNicaragua+ $324k

Non-Retail Mixed Cotton Yarn’s highest export potential is United States. With an export gap of $450k.   Non-Retail Mixed Cotton Yarn’s highest import potential is Nicaragua with an import gap of $324k.

See methodology.

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