2022
Exports
$40.7kWorld Rnk 108 / 145
Flag Rnk 480 / 884
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$13.9MWorld Rnk 72 / 203
Flag Rnk 188 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $40.7k in Carboxylic Acids, making it the 108th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 480th most exported product in Honduras. The main destination of Carboxylic Acids exports from Honduras are: Guatemala ($37.3k), Dominican Republic ($2.94k), and Costa Rica ($500).

The fastest growing export markets for Carboxylic Acids of Honduras between 2021 and 2022 were Dominican Republic ($2.94k) and Costa Rica ($500).

Imports In 2022, Honduras imported $13.9M in Carboxylic Acids, becoming the 72nd largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 188th most imported product in Honduras. Honduras imports Carboxylic Acids primarily from: China ($10.4M), Guatemala ($1.82M), United States ($436k), Brazil ($308k), and Colombia ($303k).

The fastest growing import markets in Carboxylic Acids for Honduras between 2021 and 2022 were China ($6.49M), Guatemala ($1.15M), and El Salvador ($142k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (3) were at the forefront of shipping Carboxylic Acids from Honduras to the United States.

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 Carboxylic Acids. 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)$40.7k
IMPORTS (2022)$13.9M
NET TRADE (2022)-$13.9M

In 2022, Honduras exported $40.7k in Carboxylic Acids. The main destinations of Honduras exports on Carboxylic Acids were Guatemala ($37.3k), Dominican Republic ($2.94k), and Costa Rica ($500).

In 2022, Honduras imported $13.9M in Carboxylic Acids, mainly from China ($10.4M), Guatemala ($1.82M), United States ($436k), Brazil ($308k), and Colombia ($303k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Costa Rica$500 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Honduras WERE (2021 - 2022):
Nicaragua-$52k (-100%)
Guatemala-$19.5k (-34.4%)
United States-$15.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Honduras's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $21.3k
TOP IMPORT POTENTIALIndia+ $358k

Carboxylic Acids’s highest export potential is Guatemala. With an export gap of $21.3k.   Carboxylic Acids’s highest import potential is India with an import gap of $358k.

See methodology.

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