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Pricing

2022
Exports $1.4kWorld Rnk 111 / 131
Flag Rnk 739 / 884
2022
Destination $1.4k Guatemala
2021 - 2022
FASTEST GROWING MARKET $1.4kGuatemala
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $2.42MWorld Rnk 46 / 189
Flag Rnk 444 / 1113
2022
Origin $1.55M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.55MUnited States
2022
ECONOMIC COMPLEXITY of Honduras-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $1.4k in Bitumen and asphalt, making it the 111th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 739th most exported product in Honduras. The main destination of Bitumen and asphalt exports from Honduras are: Guatemala ($1.4k).

The fastest growing export markets for Bitumen and asphalt of Honduras between 2021 and 2022 were Guatemala ($1.4k).

Imports In 2022, Honduras imported $2.42M in Bitumen and asphalt, becoming the 46th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 444th most imported product in Honduras. Honduras imports Bitumen and asphalt primarily from: United States ($2.4M), Nicaragua ($16.3k), Guatemala ($5.85k), and Costa Rica ($786).

The fastest growing import markets in Bitumen and asphalt for Honduras between 2021 and 2022 were United States ($1.55M), Nicaragua ($16.3k), and Guatemala ($5.19k).

Latest Trends

Sep 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 Bitumen and asphalt. 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)$1.4k
IMPORTS (2022)$2.42M
NET TRADE (2022)-$2.42M

In 2022, Honduras exported $1.4k in Bitumen and asphalt. The main destinations of Honduras exports on Bitumen and asphalt were Guatemala ($1.4k).

In 2022, Honduras imported $2.42M in Bitumen and asphalt, mainly from United States ($2.4M), Nicaragua ($16.3k), Guatemala ($5.85k), and Costa Rica ($786).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Honduras WERE (2021 - 2022):Guatemala$1.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Honduras WERE (2021 - 2022):Spain-$78 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Honduras's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $567
TOP IMPORT POTENTIALGuatemala+ $1.29k

Bitumen and asphalt’s highest export potential is United States. With an export gap of $567.   Bitumen and asphalt’s highest import potential is Guatemala with an import gap of $1.29k.

See methodology.

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