2022
Exports
$779kWorld Rnk 102 / 216
Flag Rnk 231 / 884
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$11.8MWorld Rnk 119 / 224
Flag Rnk 207 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $779k in Other Electrical Machinery, making it the 102nd largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 231st most exported product in Honduras. The main destination of Other Electrical Machinery exports from Honduras are: United States ($548k), Canada ($96.1k), Guatemala ($80.3k), Chile ($26.4k), and Dominican Republic ($11k).

The fastest growing export markets for Other Electrical Machinery of Honduras between 2021 and 2022 were United States ($325k), Canada ($38k), and Chile ($25.9k).

Imports In 2022, Honduras imported $11.8M in Other Electrical Machinery, becoming the 119th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 207th most imported product in Honduras. Honduras imports Other Electrical Machinery primarily from: China ($3.64M), United States ($2.98M), France ($2.21M), India ($758k), and Guatemala ($427k).

The fastest growing import markets in Other Electrical Machinery for Honduras between 2021 and 2022 were United States ($1.53M), India ($639k), and United Kingdom ($152k).

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 Other Electrical Machinery. 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)$779k
IMPORTS (2022)$11.8M
NET TRADE (2022)-$11M

In 2022, Honduras exported $779k in Other Electrical Machinery. The main destinations of Honduras exports on Other Electrical Machinery were United States ($548k), Canada ($96.1k), Guatemala ($80.3k), Chile ($26.4k), and Dominican Republic ($11k).

In 2022, Honduras imported $11.8M in Other Electrical Machinery, mainly from China ($3.64M), United States ($2.98M), France ($2.21M), India ($758k), and Guatemala ($427k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$325k (145%)
Canada$38k (65.4%)
Chile$25.9k (5.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Honduras WERE (2021 - 2022):
El Salvador-$2.16M (-100%)
Nicaragua-$2.12M (-99.6%)
Guatemala-$70.2k (-46.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Other Electrical Machinery were:
In 2022, Honduras's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $850k
TOP IMPORT POTENTIALChina+ $1.65M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $850k.   Other Electrical Machinery’s highest import potential is China with an import gap of $1.65M.

See methodology.

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