2022
Exports
$1.16MWorld Rnk 38 / 158
Flag Rnk 207 / 884
2022
PRODUCT COMPLEXITY IN Embroidery
-0.41Rnk 676 / 1025
2022
Imports
$3.2MWorld Rnk 70 / 202
Flag Rnk 409 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $1.16M in Embroidery, making it the 38th largest exporter of Embroidery in the world. At the same year, Embroidery was the 207th most exported product in Honduras. The main destination of Embroidery exports from Honduras are: Guatemala ($961k), United States ($179k), Canada ($15.9k), El Salvador ($3.6k), and Angola ($456).

The fastest growing export markets for Embroidery of Honduras between 2021 and 2022 were El Salvador ($3.41k), Angola ($456), and Thailand ($13).

Imports In 2022, Honduras imported $3.2M in Embroidery, becoming the 70th largest importer of Embroidery in the world. At the same year, Embroidery was the 409th most imported product in Honduras. Honduras imports Embroidery primarily from: El Salvador ($1.75M), United States ($763k), China ($462k), Hong Kong ($103k), and Chinese Taipei ($64.8k).

The fastest growing import markets in Embroidery for Honduras between 2021 and 2022 were El Salvador ($1.26M), United States ($371k), and China ($227k).

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 Embroidery. 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)$1.16M
IMPORTS (2022)$3.2M
NET TRADE (2022)-$2.04M

In 2022, Honduras exported $1.16M in Embroidery. The main destinations of Honduras exports on Embroidery were Guatemala ($961k), United States ($179k), Canada ($15.9k), El Salvador ($3.6k), and Angola ($456).

In 2022, Honduras imported $3.2M in Embroidery, mainly from El Salvador ($1.75M), United States ($763k), China ($462k), Hong Kong ($103k), and Chinese Taipei ($64.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Embroidery EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
El Salvador$3.41k (1.81k%)
Angola$456 (1%)
Thailand$13 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Embroidery BY Honduras WERE (2021 - 2022):
United States-$197k (-52.3%)
Guatemala-$73.6k (-7.11%)
Canada-$151 (-0.94%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Embroidery were:
China $897M
India $164M
In 2022, Honduras's main importing competitors in Embroidery were:

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Trade Value of Embroidery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $181k
TOP IMPORT POTENTIALChina+ $234k

Embroidery’s highest export potential is United States. With an export gap of $181k.   Embroidery’s highest import potential is China with an import gap of $234k.

See methodology.

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