2023
Exports
$1.94MWorld Rnk 95 / 220
Flag Rnk 200 / 960
2023
PRODUCT COMPLEXITY IN Electrical Control Boards
0.69Rnk 285 / 1025
2023
Imports
$17MWorld Rnk 121 / 225
Flag Rnk 174 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $1.94M in Electrical Control Boards, making it the 95th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 200th most exported product in Honduras. The main destination of Electrical Control Boards exports from Honduras are: Hungary ($740k), United States ($473k), El Salvador ($299k), Mexico ($118k), and Bangladesh ($117k).

The fastest growing export markets for Electrical Control Boards of Honduras between 2022 and 2023 were Hungary ($740k), El Salvador ($299k), and United States ($220k).

Imports In 2023, Honduras imported $17M in Electrical Control Boards, becoming the 121st largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 174th most imported product in Honduras. Honduras imports Electrical Control Boards primarily from: United States ($5.89M), Mexico ($2.95M), China ($1.81M), Germany ($1.45M), and Costa Rica ($942k).

The fastest growing import markets in Electrical Control Boards for Honduras between 2022 and 2023 were United States ($1.58M), Mexico ($1.06M), and Spain ($425k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.94M
IMPORTS (2023)$17M
NET TRADE (2023)-$15M

In 2023, Honduras exported $1.94M in Electrical Control Boards. The main destinations of Honduras exports on Electrical Control Boards were Hungary ($740k), United States ($473k), El Salvador ($299k), Mexico ($118k), and Bangladesh ($117k).

In 2023, Honduras imported $17M in Electrical Control Boards, mainly from United States ($5.89M), Mexico ($2.95M), China ($1.81M), Germany ($1.45M), and Costa Rica ($942k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
Hungary$740k (1%)
El Salvador$299k (1%)
United States$220k (87.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Honduras WERE (2022 - 2023):
Trinidad and Tobago-$71.4k (-100%)
Canada-$12.9k (-52.1%)
Nicaragua-$8.21k (-58.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Honduras's main exporting competitors in Electrical Control Boards were:
China $14.5B
Germany $13.7B
Mexico $9.41B
In 2023, Honduras's main importing competitors in Electrical Control Boards were:

Explore Visualizations

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with