2018
Exports
$18.9kWorld Rnk 167 / 218
Flag Rnk 557 / 884
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2018
Imports
$5.94MWorld Rnk 110 / 224
Flag Rnk 300 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2018, Honduras exported $18.9k in Other Hand Tools, making it the 167th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 557th most exported product in Honduras. The main destination of Other Hand Tools exports from Honduras are: Nicaragua ($7.56k), Costa Rica ($5.95k), Guatemala ($2.67k), Panama ($1.37k), and Denmark ($444).

The fastest growing export markets for Other Hand Tools of Honduras between 2021 and 2022 were Nicaragua ($3.77k), Costa Rica ($3.54k), and Panama ($942).

Imports In 2022, Honduras imported $5.94M in Other Hand Tools, becoming the 110th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 300th most imported product in Honduras. Honduras imports Other Hand Tools primarily from: China ($2.08M), United States ($1.78M), Mexico ($1.29M), Guatemala ($232k), and El Salvador ($125k).

The fastest growing import markets in Other Hand Tools for Honduras between 2021 and 2022 were United States ($235k), Guatemala ($150k), and Hong Kong ($37.5k).

Latest Trends

Nov 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 Hand Tools. 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)$18.9k
IMPORTS (2022)$5.94M
NET TRADE (2022)-$5.92M

In 2022, Honduras exported $18.9k in Other Hand Tools. The main destinations of Honduras exports on Other Hand Tools were Nicaragua ($7.56k), Costa Rica ($5.95k), Guatemala ($2.67k), Panama ($1.37k), and Denmark ($444).

In 2022, Honduras imported $5.94M in Other Hand Tools, mainly from China ($2.08M), United States ($1.78M), Mexico ($1.29M), Guatemala ($232k), and El Salvador ($125k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Nicaragua$3.77k (99.4%)
Costa Rica$3.54k (147%)
Panama$942 (220%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Honduras WERE (2021 - 2022):
Colombia-$64.5k (-99.6%)
Guatemala-$9.65k (-78.3%)
Chile-$1.91k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $3.93k
TOP IMPORT POTENTIALChina+ $741k

Other Hand Tools’s highest export potential is Guatemala. With an export gap of $3.93k.   Other Hand Tools’s highest import potential is China with an import gap of $741k.

See methodology.

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