2023
Exports
$23.8MWorld Rnk 72 / 201
Flag Rnk 67 / 960
2023
PRODUCT COMPLEXITY IN Iron Structures
0.46Rnk 378 / 1025
2023
Imports
$38.7MWorld Rnk 123 / 225
Flag Rnk 88 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $23.8M in Iron Structures, making it the 72nd largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 67th most exported product in Honduras. The main destination of Iron Structures exports from Honduras are: Guatemala ($13.6M), United States ($4.94M), Nicaragua ($2.74M), El Salvador ($1.85M), and Dominican Republic ($202k).

The fastest growing export markets for Iron Structures of Honduras between 2022 and 2023 were United States ($556k), Turkey ($116k), and Belize ($75.7k).

Imports In 2023, Honduras imported $38.7M in Iron Structures, becoming the 123rd largest importer of Iron Structures in the world. At the same year, Iron Structures was the 88th most imported product in Honduras. Honduras imports Iron Structures primarily from: China ($10M), United States ($9.77M), Guatemala ($6.6M), Spain ($2.95M), and Mexico ($2.09M).

The fastest growing import markets in Iron Structures for Honduras between 2022 and 2023 were United States ($4.6M), Spain ($557k), and Thailand ($497k).

Latest Trends

Jan 2025

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 Structures. 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 (2023)$23.8M
IMPORTS (2023)$38.7M
NET TRADE (2023)-$14.9M

In 2023, Honduras exported $23.8M in Iron Structures. The main destinations of Honduras exports on Iron Structures were Guatemala ($13.6M), United States ($4.94M), Nicaragua ($2.74M), El Salvador ($1.85M), and Dominican Republic ($202k).

In 2023, Honduras imported $38.7M in Iron Structures, mainly from China ($10M), United States ($9.77M), Guatemala ($6.6M), Spain ($2.95M), and Mexico ($2.09M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
United States$556k (12.7%)
Turkey$116k (1%)
Belize$75.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Honduras WERE (2022 - 2023):
Guatemala-$5.31M (-28.1%)
El Salvador-$2.38M (-56.3%)
Nicaragua-$938k (-25.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Iron Structures were:
In 2023, Honduras's main importing competitors in Iron Structures were:

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Trade Value of Iron Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.15M
TOP IMPORT POTENTIALChina+ $4.88M

Iron Structures’s highest export potential is United States. With an export gap of $7.15M.   Iron Structures’s highest import potential is China with an import gap of $4.88M.

See methodology.

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