2023
Exports
$266kWorld Rnk 75 / 185
Flag Rnk 381 / 960
2023
PRODUCT COMPLEXITY IN Cutting Blades
1.39Rnk 64 / 1025
2023
Imports
$2.98MWorld Rnk 85 / 221
Flag Rnk 455 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $266k in Cutting Blades, making it the 75th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 381st most exported product in Honduras. The main destination of Cutting Blades exports from Honduras are: El Salvador ($209k), Guatemala ($20.3k), Nicaragua ($15.9k), Ecuador ($7.12k), and Costa Rica ($5.69k).

The fastest growing export markets for Cutting Blades of Honduras between 2022 and 2023 were El Salvador ($209k), Ecuador ($7.12k), and Guatemala ($5.78k).

Imports In 2023, Honduras imported $2.98M in Cutting Blades, becoming the 85th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 455th most imported product in Honduras. Honduras imports Cutting Blades primarily from: United States ($665k), Mexico ($528k), China ($360k), Germany ($313k), and Brazil ($273k).

The fastest growing import markets in Cutting Blades for Honduras between 2022 and 2023 were China ($203k), United States ($168k), and Germany ($162k).

Latest Trends

Jan 2025

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 Cutting Blades. 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 (2023)$266k
IMPORTS (2023)$2.98M
NET TRADE (2023)-$2.72M

In 2023, Honduras exported $266k in Cutting Blades. The main destinations of Honduras exports on Cutting Blades were El Salvador ($209k), Guatemala ($20.3k), Nicaragua ($15.9k), Ecuador ($7.12k), and Costa Rica ($5.69k).

In 2023, Honduras imported $2.98M in Cutting Blades, mainly from United States ($665k), Mexico ($528k), China ($360k), Germany ($313k), and Brazil ($273k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
El Salvador$209k (116k%)
Ecuador$7.12k (1%)
Guatemala$5.78k (40%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Honduras WERE (2022 - 2023):
Dominican Republic-$9.81k (-73.1%)
Nicaragua-$5.47k (-25.6%)
Belize-$3.29k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Cutting Blades were:
In 2023, Honduras's main importing competitors in Cutting Blades were:

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $7.91k
TOP IMPORT POTENTIALChina+ $165k

Cutting Blades’s highest export potential is Guatemala. With an export gap of $7.91k.   Cutting Blades’s highest import potential is China with an import gap of $165k.

See methodology.

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