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Pricing

2021
Exports $2.41kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2021
Imports $78World Rnk 127 / 130
Flag Rnk 1102 / 1113
2022
ECONOMIC COMPLEXITY of Honduras-0.52Rnk 88 / 133

About

Imports In 2022, Honduras imported $78 in Iron Ore, becoming the 127th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1102nd most imported product in Honduras. Honduras imports Iron Ore primarily from: Guatemala ($78).

The fastest growing import markets in Iron Ore for Honduras between N/A and 2022 were Guatemala ($78).

Latest Trends

Sep 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 Iron Ore. 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 (2021)$2.41k
IMPORTS (2022)$78
NET TRADE (2022)-$78

In 2022, Honduras imported $78 in Iron Ore, mainly from Guatemala ($78).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Honduras WERE (N/A - 2021):
China-$1.41k (-100%)
United Arab Emirates-$1k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Honduras's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.03k
TOP IMPORT POTENTIALBrazil+ $713

Iron Ore’s highest export potential is China. With an export gap of $1.03k.   Iron Ore’s highest import potential is Brazil with an import gap of $713.

See methodology.

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