2022
Exports
$14.1MWorld Rnk 33 / 130
Flag Rnk 86 / 884
2022
PRODUCT COMPLEXITY IN Non-Retail Synthetic Staple Fibers Yarn
-0.25Rnk 631 / 1025
2022
Imports
$570MWorld Rnk 1 / 193
Flag Rnk 3 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $14.1M in Non-Retail Synthetic Staple Fibers Yarn, making it the 33rd largest exporter of Non-Retail Synthetic Staple Fibers Yarn in the world. At the same year, Non-Retail Synthetic Staple Fibers Yarn was the 86th most exported product in Honduras. The main destination of Non-Retail Synthetic Staple Fibers Yarn exports from Honduras are: Guatemala ($6.55M), El Salvador ($4.39M), Costa Rica ($1.88M), Dominican Republic ($993k), and Peru ($127k).

The fastest growing export markets for Non-Retail Synthetic Staple Fibers Yarn of Honduras between 2021 and 2022 were El Salvador ($3.74M), Costa Rica ($1.85M), and Dominican Republic ($87.1k).

Imports In 2022, Honduras imported $570M in Non-Retail Synthetic Staple Fibers Yarn, becoming the 1st largest importer of Non-Retail Synthetic Staple Fibers Yarn in the world. At the same year, Non-Retail Synthetic Staple Fibers Yarn was the 3rd most imported product in Honduras. Honduras imports Non-Retail Synthetic Staple Fibers Yarn primarily from: United States ($516M), Indonesia ($20M), El Salvador ($10M), Guatemala ($7.33M), and India ($6.74M).

The fastest growing import markets in Non-Retail Synthetic Staple Fibers Yarn for Honduras between 2021 and 2022 were United States ($146M), Nicaragua ($5.88M), and India ($4.52M).

COMPANIES In 2023, leading companies such as Old Navy (8) were at the forefront of shipping Non-Retail Synthetic Staple Fibers Yarn from Honduras to the United States.

Latest Trends

May 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 (2022)$14.1M
IMPORTS (2022)$570M
NET TRADE (2022)-$556M

In 2022, Honduras exported $14.1M in Non-Retail Synthetic Staple Fibers Yarn. The main destinations of Honduras exports on Non-Retail Synthetic Staple Fibers Yarn were Guatemala ($6.55M), El Salvador ($4.39M), Costa Rica ($1.88M), Dominican Republic ($993k), and Peru ($127k).

In 2022, Honduras imported $570M in Non-Retail Synthetic Staple Fibers Yarn, mainly from United States ($516M), Indonesia ($20M), El Salvador ($10M), Guatemala ($7.33M), and India ($6.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Synthetic Staple Fibers Yarn EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
El Salvador$3.74M (571%)
Costa Rica$1.85M (6.4k%)
Dominican Republic$87.1k (9.61%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Staple Fibers Yarn BY Honduras WERE (2021 - 2022):
Guatemala-$1.77M (-21.3%)
Trinidad and Tobago-$10.8k (-100%)
Colombia-$10.4k (-99%)

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 Synthetic Staple Fibers Yarn were:
In 2022, 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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