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Pricing

2021
Exports $60.6kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Other Steel Bars0.29Rnk 456 / 1025
2021
Imports $661kWorld Rnk 148 / 218
Flag Rnk 656 / 1113
2022
ECONOMIC COMPLEXITY of Honduras-0.52Rnk 88 / 133

About

Imports In 2022, Honduras imported $661k in Other Steel Bars, becoming the 148th largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 656th most imported product in Honduras. Honduras imports Other Steel Bars primarily from: China ($383k), Guatemala ($70k), Spain ($67.6k), United States ($61.2k), and Turkey ($29.8k).

The fastest growing import markets in Other Steel Bars for Honduras between 2021 and 2022 were El Salvador ($25.9k), Turkey ($19.8k), and Nicaragua ($15.5k).

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 Steel 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 (2021)$60.6k
IMPORTS (2022)$661k
NET TRADE (2022)-$661k

In 2022, Honduras imported $661k in Other Steel Bars, mainly from China ($383k), Guatemala ($70k), Spain ($67.6k), United States ($61.2k), and Turkey ($29.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Honduras WERE (N/A - 2021):
El Salvador-$42.7k (-100%)
Bolivia-$17.8k (-100%)
Nicaragua-$103 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Other Steel Bars were:
China $3.04B
Germany $1.79B
Japan $1.06B
In 2022, Honduras's main importing competitors in Other Steel Bars were:
Germany $1.71B
United States $1.1B
Mexico $818M

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Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $570
TOP IMPORT POTENTIALChina+ $232k

Other Steel Bars’s highest export potential is United States. With an export gap of $570.   Other Steel Bars’s highest import potential is China with an import gap of $232k.

See methodology.

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