2022
Exports
$213kWorld Rnk 121 / 203
Flag Rnk 327 / 884
2022
PRODUCT COMPLEXITY IN Hair Products
0.18Rnk 493 / 1025
2022
Imports
$37.1MWorld Rnk 72 / 224
Flag Rnk 79 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $213k in Hair Products, making it the 121st largest exporter of Hair Products in the world. At the same year, Hair Products was the 327th most exported product in Honduras. The main destination of Hair Products exports from Honduras are: Guatemala ($85.1k), Nicaragua ($74.1k), El Salvador ($29k), United States ($17.5k), and Belize ($5.97k).

The fastest growing export markets for Hair Products of Honduras between 2021 and 2022 were Guatemala ($38.3k), United States ($13.1k), and Belize ($1.99k).

Imports In 2022, Honduras imported $37.1M in Hair Products, becoming the 72nd largest importer of Hair Products in the world. At the same year, Hair Products was the 79th most imported product in Honduras. Honduras imports Hair Products primarily from: Mexico ($17.4M), Guatemala ($5.11M), El Salvador ($3.67M), United States ($3.41M), and Spain ($1.9M).

The fastest growing import markets in Hair Products for Honduras between 2021 and 2022 were Guatemala ($1.8M), El Salvador ($797k), and United States ($603k).

Latest Trends

Nov 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 Hair Products. 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)$213k
IMPORTS (2022)$37.1M
NET TRADE (2022)-$36.9M

In 2022, Honduras exported $213k in Hair Products. The main destinations of Honduras exports on Hair Products were Guatemala ($85.1k), Nicaragua ($74.1k), El Salvador ($29k), United States ($17.5k), and Belize ($5.97k).

In 2022, Honduras imported $37.1M in Hair Products, mainly from Mexico ($17.4M), Guatemala ($5.11M), El Salvador ($3.67M), United States ($3.41M), and Spain ($1.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hair Products EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$38.3k (81.8%)
United States$13.1k (303%)
Belize$1.99k (49.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hair Products BY Honduras WERE (2021 - 2022):
Mexico-$292k (-100%)
El Salvador-$86.7k (-75%)
Nicaragua-$60.3k (-44.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Hair Products were:
In 2022, Honduras's main importing competitors in Hair Products were:

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Trade Value of Hair Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $64.1k
TOP IMPORT POTENTIALUnited States+ $1.31M

Hair Products’s highest export potential is United States. With an export gap of $64.1k.   Hair Products’s highest import potential is United States with an import gap of $1.31M.

See methodology.

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