2023
Exports
$836kWorld Rnk 63 / 144
Flag Rnk 265 / 960
2023
PRODUCT COMPLEXITY IN Other Iron Bars
-0.21Rnk 616 / 1025
2023
Imports
$6.28MWorld Rnk 61 / 208
Flag Rnk 325 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $836k in Other Iron Bars, making it the 63rd largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 265th most exported product in Honduras. The main destination of Other Iron Bars exports from Honduras are: Guatemala ($406k), El Salvador ($358k), and Nicaragua ($71.8k).

The fastest growing export markets for Other Iron Bars of Honduras between 2022 and 2023 were Nicaragua ($71.8k).

Imports In 2023, Honduras imported $6.28M in Other Iron Bars, becoming the 61st largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 325th most imported product in Honduras. Honduras imports Other Iron Bars primarily from: Guatemala ($3.83M), El Salvador ($1.75M), Spain ($315k), China ($119k), and United States ($88.9k).

The fastest growing import markets in Other Iron Bars for Honduras between 2022 and 2023 were Japan ($34.5k), China ($20.3k), and Spain ($17.6k).

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 Other Iron Bars. 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)$836k
IMPORTS (2023)$6.28M
NET TRADE (2023)-$5.45M

In 2023, Honduras exported $836k in Other Iron Bars. The main destinations of Honduras exports on Other Iron Bars were Guatemala ($406k), El Salvador ($358k), and Nicaragua ($71.8k).

In 2023, Honduras imported $6.28M in Other Iron Bars, mainly from Guatemala ($3.83M), El Salvador ($1.75M), Spain ($315k), China ($119k), and United States ($88.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR Honduras WERE (2022 - 2023):Nicaragua$71.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY Honduras WERE (2022 - 2023):
Guatemala-$1.19M (-74.5%)
El Salvador-$799k (-69%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Other Iron Bars were:
In 2023, Honduras's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.26k
TOP IMPORT POTENTIALIndia+ $173k

Other Iron Bars’s highest export potential is Germany. With an export gap of $2.26k.   Other Iron Bars’s highest import potential is India with an import gap of $173k.

See methodology.

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