2022
Exports
$34.2kWorld Rnk 97 / 198
Flag Rnk 503 / 884
2022
PRODUCT COMPLEXITY IN Electrical Resistors
0.88Rnk 215 / 1025
2022
Imports
$758kWorld Rnk 96 / 214
Flag Rnk 632 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $34.2k in Electrical Resistors, making it the 97th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 503rd most exported product in Honduras. The main destination of Electrical Resistors exports from Honduras are: Singapore ($19.1k), United States ($11.7k), Guatemala ($1.67k), China ($664), and Nicaragua ($493).

The fastest growing export markets for Electrical Resistors of Honduras between 2021 and 2022 were Singapore ($19.1k), United States ($8.29k), and China ($664).

Imports In 2022, Honduras imported $758k in Electrical Resistors, becoming the 96th largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 632nd most imported product in Honduras. Honduras imports Electrical Resistors primarily from: United States ($312k), Hong Kong ($158k), Greece ($110k), China ($109k), and Switzerland ($11.6k).

The fastest growing import markets in Electrical Resistors for Honduras between 2021 and 2022 were Greece ($110k), United States ($17.1k), and Netherlands ($6.63k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (4) were at the forefront of shipping Electrical Resistors from Honduras to the United States.

Latest Trends

Aug 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 Resistors. 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)$34.2k
IMPORTS (2022)$758k
NET TRADE (2022)-$724k

In 2022, Honduras exported $34.2k in Electrical Resistors. The main destinations of Honduras exports on Electrical Resistors were Singapore ($19.1k), United States ($11.7k), Guatemala ($1.67k), China ($664), and Nicaragua ($493).

In 2022, Honduras imported $758k in Electrical Resistors, mainly from United States ($312k), Hong Kong ($158k), Greece ($110k), China ($109k), and Switzerland ($11.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Singapore$19.1k (1%)
United States$8.29k (240%)
China$664 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY Honduras WERE (2021 - 2022):
El Salvador-$1.86k (-96.3%)
Peru-$1.29k (-100%)
Canada-$56 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Electrical Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, Honduras's main importing competitors in Electrical Resistors were:

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Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $28.6k
TOP IMPORT POTENTIALChina+ $143k

Electrical Resistors’s highest export potential is United States. With an export gap of $28.6k.   Electrical Resistors’s highest import potential is China with an import gap of $143k.

See methodology.

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