2023
Exports
$33.6MWorld Rnk 7 / 161
Flag Rnk 54 / 960
2023
PRODUCT COMPLEXITY IN Textile Scraps
-0.9Rnk 804 / 1025
2023
Imports
$4.18MWorld Rnk 33 / 214
Flag Rnk 399 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $33.6M in Textile Scraps, making it the 7th largest exporter of Textile Scraps in the world. At the same year, Textile Scraps was the 54th most exported product in Honduras. The main destination of Textile Scraps exports from Honduras are: United States ($15.9M), Turkey ($5.68M), Spain ($5.24M), Brazil ($2.19M), and Guatemala ($1.63M).

The fastest growing export markets for Textile Scraps of Honduras between 2022 and 2023 were India ($458k), Malaysia ($264k), and Brazil ($251k).

Imports In 2023, Honduras imported $4.18M in Textile Scraps, becoming the 33rd largest importer of Textile Scraps in the world. At the same year, Textile Scraps was the 399th most imported product in Honduras. Honduras imports Textile Scraps primarily from: Dominican Republic ($3.09M), El Salvador ($566k), United States ($474k), Nicaragua ($17.5k), and South Korea ($14k).

The fastest growing import markets in Textile Scraps for Honduras between 2022 and 2023 were Dominican Republic ($1.07M), South Korea ($14k), and China ($3.99k).

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 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 (2023)$33.6M
IMPORTS (2023)$4.18M
NET TRADE (2023)$29.4M

In 2023, Honduras exported $33.6M in Textile Scraps. The main destinations of Honduras exports on Textile Scraps were United States ($15.9M), Turkey ($5.68M), Spain ($5.24M), Brazil ($2.19M), and Guatemala ($1.63M).

In 2023, Honduras imported $4.18M in Textile Scraps, mainly from Dominican Republic ($3.09M), El Salvador ($566k), United States ($474k), Nicaragua ($17.5k), and South Korea ($14k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Scraps EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
India$458k (762%)
Malaysia$264k (2.07k%)
Brazil$251k (13%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Scraps BY Honduras WERE (2022 - 2023):
Turkey-$4.44M (-43.9%)
United States-$4.19M (-20.8%)
Spain-$2.35M (-31%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Textile Scraps were:
In 2023, 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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