2023
Exports
$4.13MWorld Rnk 23 / 123
Flag Rnk 155 / 960
2023
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.55Rnk 36 / 1025
2023
Imports
$38.7MWorld Rnk 16 / 183
Flag Rnk 87 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $4.13M in Textile Fiber Machinery, making it the 23rd largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 155th most exported product in Honduras. The main destination of Textile Fiber Machinery exports from Honduras are: Dominican Republic ($3.99M), United States ($63.1k), Morocco ($38k), El Salvador ($13k), and Mexico ($7.99k).

The fastest growing export markets for Textile Fiber Machinery of Honduras between 2022 and 2023 were Dominican Republic ($3.99M), United States ($63.1k), and Morocco ($38k).

Imports In 2023, Honduras imported $38.7M in Textile Fiber Machinery, becoming the 16th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 87th most imported product in Honduras. Honduras imports Textile Fiber Machinery primarily from: Germany ($8.76M), United States ($8.04M), India ($6.39M), China ($4.28M), and Italy ($4.14M).

The fastest growing import markets in Textile Fiber Machinery for Honduras between 2022 and 2023 were Germany ($6.59M), United States ($6.44M), and Italy ($2.3M).

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 Textile Fiber Machinery. 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)$4.13M
IMPORTS (2023)$38.7M
NET TRADE (2023)-$34.6M

In 2023, Honduras exported $4.13M in Textile Fiber Machinery. The main destinations of Honduras exports on Textile Fiber Machinery were Dominican Republic ($3.99M), United States ($63.1k), Morocco ($38k), El Salvador ($13k), and Mexico ($7.99k).

In 2023, Honduras imported $38.7M in Textile Fiber Machinery, mainly from Germany ($8.76M), United States ($8.04M), India ($6.39M), China ($4.28M), and Italy ($4.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
United States$63.1k (1%)
Morocco$38k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Honduras WERE (2022 - 2023):El Salvador-$25k (-65.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Textile Fiber Machinery were:
In 2023, Honduras's main importing competitors in Textile Fiber Machinery were:
China $627M
India $514M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $5.71k
TOP IMPORT POTENTIALGermany+ $408k

Textile Fiber Machinery’s highest export potential is Guatemala. With an export gap of $5.71k.   Textile Fiber Machinery’s highest import potential is Germany with an import gap of $408k.

See methodology.

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