2022
Exports
$1.55MWorld Rnk 74 / 167
Flag Rnk 189 / 884
2022
PRODUCT COMPLEXITY IN Carbonates
-0.61Rnk 730 / 1025
2022
Imports
$15MWorld Rnk 75 / 216
Flag Rnk 177 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $1.55M in Carbonates, making it the 74th largest exporter of Carbonates in the world. At the same year, Carbonates was the 189th most exported product in Honduras. The main destination of Carbonates exports from Honduras are: Dominican Republic ($1.18M), Nicaragua ($219k), Guatemala ($146k), and United States ($2.77k).

The fastest growing export markets for Carbonates of Honduras between 2021 and 2022 were Dominican Republic ($566k), Guatemala ($143k), and Nicaragua ($81.3k).

Imports In 2022, Honduras imported $15M in Carbonates, becoming the 75th largest importer of Carbonates in the world. At the same year, Carbonates was the 177th most imported product in Honduras. Honduras imports Carbonates primarily from: United States ($9.19M), China ($3.96M), Guatemala ($874k), El Salvador ($365k), and Dominican Republic ($205k).

The fastest growing import markets in Carbonates for Honduras between 2021 and 2022 were United States ($7.45M), China ($3.51M), and Guatemala ($485k).

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 Carbonates. 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)$1.55M
IMPORTS (2022)$15M
NET TRADE (2022)-$13.5M

In 2022, Honduras exported $1.55M in Carbonates. The main destinations of Honduras exports on Carbonates were Dominican Republic ($1.18M), Nicaragua ($219k), Guatemala ($146k), and United States ($2.77k).

In 2022, Honduras imported $15M in Carbonates, mainly from United States ($9.19M), China ($3.96M), Guatemala ($874k), El Salvador ($365k), and Dominican Republic ($205k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbonates EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Dominican Republic$566k (91.6%)
Guatemala$143k (5.38k%)
Nicaragua$81.3k (58.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbonates BY Honduras WERE (2021 - 2022):Costa Rica-$10.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Carbonates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $50.1k
TOP IMPORT POTENTIALChina+ $526k

Carbonates’s highest export potential is Guatemala. With an export gap of $50.1k.   Carbonates’s highest import potential is China with an import gap of $526k.

See methodology.

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