2022
Exports
$7.06MWorld Rnk 48 / 197
Flag Rnk 115 / 884
2022
PRODUCT COMPLEXITY IN Knit Babies' Garments
-1.54Rnk 952 / 1025
2022
Imports
$1.11MWorld Rnk 125 / 216
Flag Rnk 576 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $7.06M in Knit Babies' Garments, making it the 48th largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 115th most exported product in Honduras. The main destination of Knit Babies' Garments exports from Honduras are: United States ($6.87M), Guatemala ($63.9k), Canada ($46.4k), El Salvador ($27.8k), and Mexico ($15.1k).

The fastest growing export markets for Knit Babies' Garments of Honduras between 2021 and 2022 were Guatemala ($53.3k), El Salvador ($17.7k), and Dominican Republic ($8.27k).

Imports In 2018, Honduras imported $1.11M in Knit Babies' Garments, becoming the 125th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 576th most imported product in Honduras. Honduras imports Knit Babies' Garments primarily from: United States ($409k), Spain ($309k), China ($185k), El Salvador ($78.6k), and Guatemala ($62.4k).

The fastest growing import markets in Knit Babies' Garments for Honduras between 2021 and 2022 were Spain ($105k), United States ($80.6k), and Nicaragua ($11.7k).

COMPANIES In 2023, leading companies such as Gildan Activewear (37) and Adidas (1) were at the forefront of shipping Knit Babies' Garments from Honduras to the United States.

Latest Trends

Oct 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 Knit Babies' Garments. 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)$7.06M
IMPORTS (2022)$1.11M
NET TRADE (2022)$5.95M

In 2022, Honduras exported $7.06M in Knit Babies' Garments. The main destinations of Honduras exports on Knit Babies' Garments were United States ($6.87M), Guatemala ($63.9k), Canada ($46.4k), El Salvador ($27.8k), and Mexico ($15.1k).

In 2022, Honduras imported $1.11M in Knit Babies' Garments, mainly from United States ($409k), Spain ($309k), China ($185k), El Salvador ($78.6k), and Guatemala ($62.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$53.3k (504%)
El Salvador$17.7k (176%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Honduras WERE (2021 - 2022):
United States-$2.39M (-25.8%)
Mexico-$30.7k (-67.1%)
Singapore-$6.38k (-91.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Knit Babies' Garments were:
China $2.45B
India $1.08B
In 2022, Honduras's main importing competitors in Knit Babies' Garments were:

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.96M
TOP IMPORT POTENTIALChina+ $190k

Knit Babies' Garments’s highest export potential is United States. With an export gap of $3.96M.   Knit Babies' Garments’s highest import potential is China with an import gap of $190k.

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