2022
Exports
$2.8MWorld Rnk 77 / 177
Flag Rnk 161 / 884
2022
PRODUCT COMPLEXITY IN Wood Carpentry
-0.052Rnk 563 / 1025
2022
Imports
$1.25MWorld Rnk 164 / 222
Flag Rnk 553 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $2.8M in Wood Carpentry, making it the 77th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 161st most exported product in Honduras. The main destination of Wood Carpentry exports from Honduras are: United States ($911k), Guatemala ($754k), Panama ($521k), El Salvador ($477k), and Nicaragua ($106k).

The fastest growing export markets for Wood Carpentry of Honduras between 2021 and 2022 were Guatemala ($645k), Panama ($481k), and United States ($471k).

Imports In 2022, Honduras imported $1.25M in Wood Carpentry, becoming the 164th largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 553rd most imported product in Honduras. Honduras imports Wood Carpentry primarily from: N/A.

The fastest growing import markets in Wood Carpentry for Honduras between 2021 and 2022 were Costa Rica ($162k), Peru ($99k), and United States ($86.8k).

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 Wood Carpentry. 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)$2.8M
IMPORTS (2022)$1.25M
NET TRADE (2022)$1.55M

In 2022, Honduras exported $2.8M in Wood Carpentry. The main destinations of Honduras exports on Wood Carpentry were United States ($911k), Guatemala ($754k), Panama ($521k), El Salvador ($477k), and Nicaragua ($106k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$645k (591%)
Panama$481k (1.18k%)
United States$471k (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY Honduras WERE (2021 - 2022):
Saint Lucia-$51.7k (-100%)
Costa Rica-$45.7k (-100%)
Dominican Republic-$13.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, Honduras's main importing competitors in Wood Carpentry were:

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.25M
TOP IMPORT POTENTIALUnited States+ $122k

Wood Carpentry’s highest export potential is United States. With an export gap of $1.25M.   Wood Carpentry’s highest import potential is United States with an import gap of $122k.

See methodology.

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