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2022
Exports $29.8MWorld Rnk 43 / 200
Flag Rnk 57 / 884
2022
Destination $13.5M United States
2021 - 2022
FASTEST GROWING MARKET $13.5MUnited States
2022
PRODUCT COMPLEXITY IN Knit Men's Shirts-1.58Rnk 957 / 1025
2022
Imports $4.32MWorld Rnk 94 / 222
Flag Rnk 343 / 1113
2022
Origin $97.1k China
2021 - 2022
FASTEST GROWING ORIGIN $97.1kSpain
2022
ECONOMIC COMPLEXITY of Honduras-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $29.8M in Knit Men's Shirts, making it the 43rd largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 57th most exported product in Honduras. The main destination of Knit Men's Shirts exports from Honduras are: United States ($22.1M), El Salvador ($4M), Guatemala ($1.33M), Canada ($865k), and Belgium ($276k).

The fastest growing export markets for Knit Men's Shirts of Honduras between 2021 and 2022 were United States ($13.5M), El Salvador ($2.34M), and Guatemala ($343k).

Imports In 2022, Honduras imported $4.32M in Knit Men's Shirts, becoming the 94th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 343rd most imported product in Honduras. Honduras imports Knit Men's Shirts primarily from: China ($1.53M), Guatemala ($1.09M), Nicaragua ($672k), United States ($475k), and Spain ($222k).

The fastest growing import markets in Knit Men's Shirts for Honduras between 2021 and 2022 were Spain ($97.1k), Peru ($79.9k), and Colombia ($69.9k).

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 Men's Shirts. 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)$29.8M
IMPORTS (2022)$4.32M
NET TRADE (2022)$25.5M

In 2022, Honduras exported $29.8M in Knit Men's Shirts. The main destinations of Honduras exports on Knit Men's Shirts were United States ($22.1M), El Salvador ($4M), Guatemala ($1.33M), Canada ($865k), and Belgium ($276k).

In 2022, Honduras imported $4.32M in Knit Men's Shirts, mainly from China ($1.53M), Guatemala ($1.09M), Nicaragua ($672k), United States ($475k), and Spain ($222k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$13.5M (159%)
El Salvador$2.34M (142%)
Guatemala$343k (34.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Honduras WERE (2021 - 2022):
Colombia-$341k (-99.8%)
Mexico-$170k (-51.8%)
Belgium-$75.2k (-21.4%)
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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 Knit Men's Shirts were:
Bangladesh $1.44B
China $1.42B
Vietnam $920M
In 2022, Honduras's main importing competitors in Knit Men's Shirts were:
United States $2.7B
Germany $804M
United Kingdom $512M

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $10.9M
TOP IMPORT POTENTIALGuatemala+ $621k

Knit Men's Shirts’s highest export potential is United States. With an export gap of $10.9M.   Knit Men's Shirts’s highest import potential is Guatemala with an import gap of $621k.

See methodology.

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