2022
Exports
$26.1kWorld Rnk 140 / 212
Flag Rnk 532 / 884
2022
PRODUCT COMPLEXITY IN Audio Alarms
0.59Rnk 325 / 1025
2022
Imports
$4.75MWorld Rnk 110 / 224
Flag Rnk 324 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $26.1k in Audio Alarms, making it the 140th largest exporter of Audio Alarms in the world. At the same year, Audio Alarms was the 532nd most exported product in Honduras. The main destination of Audio Alarms exports from Honduras are: Nicaragua ($13k), Costa Rica ($6.32k), Belgium ($4k), United States ($2.05k), and Guatemala ($606).

The fastest growing export markets for Audio Alarms of Honduras between 2021 and 2022 were Belgium ($4k), Costa Rica ($3.55k), and Switzerland ($41).

Imports In 2022, Honduras imported $4.75M in Audio Alarms, becoming the 110th largest importer of Audio Alarms in the world. At the same year, Audio Alarms was the 324th most imported product in Honduras. Honduras imports Audio Alarms primarily from: United States ($3.48M), China ($404k), Canada ($363k), India ($84.2k), and Guatemala ($74.7k).

The fastest growing import markets in Audio Alarms for Honduras between 2021 and 2022 were United States ($2.3M), India ($81.4k), and South Korea ($20.4k).

Latest Trends

Aug 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 Audio Alarms. 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)$26.1k
IMPORTS (2022)$4.75M
NET TRADE (2022)-$4.72M

In 2022, Honduras exported $26.1k in Audio Alarms. The main destinations of Honduras exports on Audio Alarms were Nicaragua ($13k), Costa Rica ($6.32k), Belgium ($4k), United States ($2.05k), and Guatemala ($606).

In 2022, Honduras imported $4.75M in Audio Alarms, mainly from United States ($3.48M), China ($404k), Canada ($363k), India ($84.2k), and Guatemala ($74.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio Alarms EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Belgium$4k (1%)
Costa Rica$3.55k (128%)
Switzerland$41 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio Alarms BY Honduras WERE (2021 - 2022):
Nicaragua-$22.2k (-63%)
India-$4.1k (-100%)
United States-$1.86k (-47.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Audio Alarms were:
In 2022, Honduras's main importing competitors in Audio Alarms were:

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Trade Value of Audio Alarms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12k
TOP IMPORT POTENTIALChina+ $553k

Audio Alarms’s highest export potential is United States. With an export gap of $12k.   Audio Alarms’s highest import potential is China with an import gap of $553k.

See methodology.

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