2022
Exports
$2.49MWorld Rnk 99 / 222
Flag Rnk 167 / 884
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$21.4MWorld Rnk 116 / 225
Flag Rnk 127 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $2.49M in Other Iron Products, making it the 99th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 167th most exported product in Honduras. The main destination of Other Iron Products exports from Honduras are: United States ($1.53M), El Salvador ($264k), Nicaragua ($221k), Dominican Republic ($210k), and Guatemala ($109k).

The fastest growing export markets for Other Iron Products of Honduras between 2021 and 2022 were United States ($1.37M), El Salvador ($124k), and Nicaragua ($102k).

Imports In 2022, Honduras imported $21.4M in Other Iron Products, becoming the 116th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 127th most imported product in Honduras. Honduras imports Other Iron Products primarily from: China ($10.7M), United States ($4M), Mexico ($1.81M), Guatemala ($1.13M), and El Salvador ($849k).

The fastest growing import markets in Other Iron Products for Honduras between 2021 and 2022 were China ($3.02M), Mexico ($528k), and United States ($465k).

Latest Trends

Jul 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 Products. 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)$2.49M
IMPORTS (2022)$21.4M
NET TRADE (2022)-$18.9M

In 2022, Honduras exported $2.49M in Other Iron Products. The main destinations of Honduras exports on Other Iron Products were United States ($1.53M), El Salvador ($264k), Nicaragua ($221k), Dominican Republic ($210k), and Guatemala ($109k).

In 2022, Honduras imported $21.4M in Other Iron Products, mainly from China ($10.7M), United States ($4M), Mexico ($1.81M), Guatemala ($1.13M), and El Salvador ($849k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$1.37M (859%)
El Salvador$124k (88.4%)
Nicaragua$102k (85.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Honduras WERE (2021 - 2022):
Spain-$59.1k (-100%)
Honduras-$26.9k (-100%)
Chile-$19.9k (-79.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.91M
TOP IMPORT POTENTIALChina+ $3.97M

Other Iron Products’s highest export potential is United States. With an export gap of $1.91M.   Other Iron Products’s highest import potential is China with an import gap of $3.97M.

See methodology.

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