2023
Exports
$20.8MWorld Rnk 52 / 164
Flag Rnk 70 / 960
2023
PRODUCT COMPLEXITY IN Iron Blocks
-0.47Rnk 688 / 1025
2023
Imports
$45.6MWorld Rnk 70 / 220
Flag Rnk 67 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $20.8M in Iron Blocks, making it the 52nd largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 70th most exported product in Honduras. The main destination of Iron Blocks exports from Honduras are: Nicaragua ($6.73M), Guatemala ($6.08M), Costa Rica ($4.48M), El Salvador ($3.4M), and United States ($65.3k).

The fastest growing export markets for Iron Blocks of Honduras between 2022 and 2023 were United States ($65.3k) and Netherlands ($319).

Imports In 2023, Honduras imported $45.6M in Iron Blocks, becoming the 70th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 67th most imported product in Honduras. Honduras imports Iron Blocks primarily from: Guatemala ($18.1M), China ($9.25M), Turkey ($5.91M), El Salvador ($5.6M), and Mexico ($4.93M).

The fastest growing import markets in Iron Blocks for Honduras between 2022 and 2023 were China ($4.11M), Mexico ($3.3M), and Turkey ($1.96M).

Latest Trends

Dec 2024

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 Iron Blocks. 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)$20.8M
IMPORTS (2023)$45.6M
NET TRADE (2023)-$24.8M

In 2023, Honduras exported $20.8M in Iron Blocks. The main destinations of Honduras exports on Iron Blocks were Nicaragua ($6.73M), Guatemala ($6.08M), Costa Rica ($4.48M), El Salvador ($3.4M), and United States ($65.3k).

In 2023, Honduras imported $45.6M in Iron Blocks, mainly from Guatemala ($18.1M), China ($9.25M), Turkey ($5.91M), El Salvador ($5.6M), and Mexico ($4.93M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
United States$65.3k (1%)
Netherlands$319 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Honduras WERE (2022 - 2023):
Guatemala-$3.6M (-37.2%)
El Salvador-$1.1M (-24.4%)
Nicaragua-$707k (-9.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Honduras's main exporting competitors in Iron Blocks were:
China $2.69B
Spain $1.83B
Germany $1.64B
In 2023, Honduras's main importing competitors in Iron Blocks were:

Explore Visualizations

Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEl Salvador+ $149k
TOP IMPORT POTENTIALChina+ $1.85M

Iron Blocks’s highest export potential is El Salvador. With an export gap of $149k.   Iron Blocks’s highest import potential is China with an import gap of $1.85M.

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