2022
Exports
$486kWorld Rnk 119 / 219
Flag Rnk 264 / 884
2022
PRODUCT COMPLEXITY IN Electrical Control Boards
0.56Rnk 343 / 1025
2022
Imports
$15MWorld Rnk 125 / 224
Flag Rnk 179 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $486k in Electrical Control Boards, making it the 119th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 264th most exported product in Honduras. The main destination of Electrical Control Boards exports from Honduras are: United States ($253k), Trinidad and Tobago ($71.4k), Guatemala ($55.3k), Canada ($24.7k), and Mexico ($24.2k).

The fastest growing export markets for Electrical Control Boards of Honduras between 2021 and 2022 were United States ($206k), Trinidad and Tobago ($71.4k), and Guatemala ($53.1k).

Imports In 2022, Honduras imported $15M in Electrical Control Boards, becoming the 125th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 179th most imported product in Honduras. Honduras imports Electrical Control Boards primarily from: United States ($4.32M), China ($3.02M), Mexico ($1.89M), Germany ($1.48M), and Costa Rica ($1.22M).

The fastest growing import markets in Electrical Control Boards for Honduras between 2021 and 2022 were China ($1.04M), Colombia ($538k), and Mexico ($359k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (39) were at the forefront of shipping Electrical Control Boards from Honduras to the United States.

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 Electrical Control Boards. 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)$486k
IMPORTS (2022)$15M
NET TRADE (2022)-$14.5M

In 2022, Honduras exported $486k in Electrical Control Boards. The main destinations of Honduras exports on Electrical Control Boards were United States ($253k), Trinidad and Tobago ($71.4k), Guatemala ($55.3k), Canada ($24.7k), and Mexico ($24.2k).

In 2022, Honduras imported $15M in Electrical Control Boards, mainly from United States ($4.32M), China ($3.02M), Mexico ($1.89M), Germany ($1.48M), and Costa Rica ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$206k (436%)
Guatemala$53.1k (2.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Honduras WERE (2021 - 2022):
Dominican Republic-$347k (-100%)
El Salvador-$80.3k (-100%)
Nicaragua-$60k (-81.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Honduras's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $546k
TOP IMPORT POTENTIALChina+ $2.35M

Electrical Control Boards’s highest export potential is United States. With an export gap of $546k.   Electrical Control Boards’s highest import potential is China with an import gap of $2.35M.

See methodology.

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