2022
Exports
$43.6MWorld Rnk 4 / 164
Flag Rnk 39 / 884
2022
PRODUCT COMPLEXITY IN Textile Scraps
-0.89Rnk 801 / 1025
2022
Imports
$4.39MWorld Rnk 31 / 208
Flag Rnk 339 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $43.6M in Textile Scraps, making it the 4th largest exporter of Textile Scraps in the world. At the same year, Textile Scraps was the 39th most exported product in Honduras. The main destination of Textile Scraps exports from Honduras are: United States ($20.1M), Turkey ($8.91M), Spain ($6.71M), Guatemala ($1.91M), and Brazil ($1.72M).

The fastest growing export markets for Textile Scraps of Honduras between 2021 and 2022 were Turkey ($5.91M), United States ($3.23M), and Spain ($2.19M).

Imports In 2022, Honduras imported $4.39M in Textile Scraps, becoming the 31st largest importer of Textile Scraps in the world. At the same year, Textile Scraps was the 339th most imported product in Honduras. Honduras imports Textile Scraps primarily from: Dominican Republic ($2.02M), United States ($1.2M), El Salvador ($1.09M), Nicaragua ($48k), and Guatemala ($29.1k).

The fastest growing import markets in Textile Scraps for Honduras between 2021 and 2022 were El Salvador ($940k), Nicaragua ($12.1k), and Canada ($11.6k).

Latest Trends

Oct 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 Scraps. 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)$43.6M
IMPORTS (2022)$4.39M
NET TRADE (2022)$39.2M

In 2022, Honduras exported $43.6M in Textile Scraps. The main destinations of Honduras exports on Textile Scraps were United States ($20.1M), Turkey ($8.91M), Spain ($6.71M), Guatemala ($1.91M), and Brazil ($1.72M).

In 2022, Honduras imported $4.39M in Textile Scraps, mainly from Dominican Republic ($2.02M), United States ($1.2M), El Salvador ($1.09M), Nicaragua ($48k), and Guatemala ($29.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Scraps EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Turkey$5.91M (197%)
United States$3.23M (19.2%)
Spain$2.19M (48.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Scraps BY Honduras WERE (2021 - 2022):
Mexico-$642k (-49.7%)
Portugal-$123k (-9.26%)
Brazil-$50.8k (-2.87%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Textile Scraps were:
In 2022, Honduras's main importing competitors in Textile Scraps were:

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Trade Value of Textile Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $521k
TOP IMPORT POTENTIALNicaragua+ $42.7k

Textile Scraps’s highest export potential is Mexico. With an export gap of $521k.   Textile Scraps’s highest import potential is Nicaragua with an import gap of $42.7k.

See methodology.

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