2023
Exports
$9.86MWorld Rnk 35 / 131
Flag Rnk 110 / 960
2023
PRODUCT COMPLEXITY IN Non-Retail Synthetic Staple Fibers Yarn
-0.24Rnk 630 / 1025
2023
Imports
$370MWorld Rnk 2 / 194
Flag Rnk 6 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $9.86M in Non-Retail Synthetic Staple Fibers Yarn, making it the 35th largest exporter of Non-Retail Synthetic Staple Fibers Yarn in the world. At the same year, Non-Retail Synthetic Staple Fibers Yarn was the 110th most exported product in Honduras. The main destination of Non-Retail Synthetic Staple Fibers Yarn exports from Honduras are: Guatemala ($6.99M), El Salvador ($1.26M), Costa Rica ($848k), Dominican Republic ($627k), and Lebanon ($120k).

The fastest growing export markets for Non-Retail Synthetic Staple Fibers Yarn of Honduras between 2022 and 2023 were Guatemala ($353k) and Lebanon ($120k).

Imports In 2023, Honduras imported $370M in Non-Retail Synthetic Staple Fibers Yarn, becoming the 2nd largest importer of Non-Retail Synthetic Staple Fibers Yarn in the world. At the same year, Non-Retail Synthetic Staple Fibers Yarn was the 6th most imported product in Honduras. Honduras imports Non-Retail Synthetic Staple Fibers Yarn primarily from: United States ($358M), El Salvador ($5.85M), Guatemala ($3.14M), Nicaragua ($1.12M), and Indonesia ($1M).

The fastest growing import markets in Non-Retail Synthetic Staple Fibers Yarn for Honduras between 2022 and 2023 were Canada ($39k) and Pakistan ($35.5k).

Latest Trends

Dec 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 Synthetic Staple Fibers 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 (2023)$9.86M
IMPORTS (2023)$370M
NET TRADE (2023)-$360M

In 2023, Honduras exported $9.86M in Non-Retail Synthetic Staple Fibers Yarn. The main destinations of Honduras exports on Non-Retail Synthetic Staple Fibers Yarn were Guatemala ($6.99M), El Salvador ($1.26M), Costa Rica ($848k), Dominican Republic ($627k), and Lebanon ($120k).

In 2023, Honduras imported $370M in Non-Retail Synthetic Staple Fibers Yarn, mainly from United States ($358M), El Salvador ($5.85M), Guatemala ($3.14M), Nicaragua ($1.12M), and Indonesia ($1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Staple Fibers Yarn EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
Guatemala$353k (5.31%)
Lebanon$120k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Staple Fibers Yarn BY Honduras WERE (2022 - 2023):
El Salvador-$3.17M (-71.5%)
Costa Rica-$1.07M (-55.8%)
Dominican Republic-$409k (-39.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Non-Retail Synthetic Staple Fibers Yarn were:
In 2023, Honduras's main importing competitors in Non-Retail Synthetic Staple Fibers Yarn were:

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Trade Value of Non-Retail Synthetic Staple Fibers Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $327k
TOP IMPORT POTENTIALIndia+ $3.63M

Non-Retail Synthetic Staple Fibers Yarn’s highest export potential is United States. With an export gap of $327k.   Non-Retail Synthetic Staple Fibers Yarn’s highest import potential is India with an import gap of $3.63M.

See methodology.

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