Packing Bags in Honduras

EXPORTS (2018): $7.38M, World Rnk 58 / 150
Flag Rnk 96 / 657

TOP DESTINATION (2018): $6.69M, United States

FASTEST GROWING MARKET (2017 - 2018): $1.43M, United States

IMPORTS (2018): $5.5M, World Rnk 103 / 212
Flag Rnk 240 / 1067

TOP ORIGIN (2018): $2.67M, El Salvador

FASTEST GROWING ORIGIN (2017 - 2018): $435k, China

ECONOMIC COMPLEXITY of Honduras (2018): -0.65, Rnk 96 / 137

Overview: This page contains the latest trade data of Packing Bags in Honduras.

Exports: In 2018, Honduras exported $7.38M in Packing Bags, making it the 58th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 96th most exported product in Honduras. The main destination of Packing Bags exports from Honduras are: United States ($6.69M), Costa Rica ($313k), Belize ($158k), Nicaragua ($145k), and El Salvador ($43k).

The fastest growing export markets for Packing Bags of Honduras between 2017 and 2018 were United States ($1.43M), Costa Rica ($313k), and Nicaragua ($74.3k).

Imports: In 2018, Honduras imported $5.5M in Packing Bags, becoming the 103rd largest importer of Packing Bags in the world. At the same year, Packing Bags was the 240th most imported product in Honduras. Honduras imports Packing Bags primarily from: El Salvador ($2.67M), India ($1.23M), China ($793k), Nicaragua ($469k), and United States ($333k).

The fastest growing import markets in Packing Bags for Honduras between 2017 and 2018 were China ($435k), United States ($224k), and India ($51.7k).

Tariffs: In 2018, the average tariff for Honduras in Packing Bags was 13.4%. The countries with the highest import tariffs for Packing Bags were Angola (15%), Burundi (15%), Benin (15%), Burkina Faso (15%), and Botswana (15%).

Value

EXPORTS (2018): $7.38M

IMPORTS (2018): $5.5M

NET TRADE (2018): $1.88M

In 2018, Honduras exported $7.38M in Packing Bags. The main destinations of Honduras exports on Packing Bags were United States ($6.69M), Costa Rica ($313k), Belize ($158k), Nicaragua ($145k), and El Salvador ($43k).

In 2018, Honduras imported $5.5M in Packing Bags, mainly from El Salvador ($2.67M), India ($1.23M), China ($793k), Nicaragua ($469k), and United States ($333k).

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IN 2018, Honduras HAD A POSITIVE NET TRADE IN Packing Bags WITH:

  • United States, $6.36M ($6.69M - $333k)
  • Costa Rica, $312k ($313k - $1.46k)
  • Belize, $158k ($158k - $0)

IN 2018, Honduras HAD A NEGATIVE NET TRADE IN Packing Bags WITH:

  • El Salvador, -$2.63M ($43k - $2.67M)
  • India, -$1.23M ($0 - $1.23M)
  • China, -$793k ($0 - $793k)
Flow

THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Honduras WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Honduras WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Honduras's main exporting competitors in Packing Bags were:

In 2018, Honduras's main importing competitors in Packing Bags were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packing Bags in Honduras. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Honduras in Packing Bags was 13.4%.

The countries with the highest tariffs for Packing Bags in Honduras were Angola (15%), Burundi (15%), Benin (15%), Burkina Faso (15%), and Botswana (15%).

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