2022
Exports
$40.7MWorld Rnk 55 / 215
Flag Rnk 42 / 884
2022
PRODUCT COMPLEXITY IN Knit Women's Suits
-1.27Rnk 900 / 1025
2022
Imports
$15MWorld Rnk 110 / 220
Flag Rnk 178 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $40.7M in Knit Women's Suits, making it the 55th largest exporter of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 42nd most exported product in Honduras. The main destination of Knit Women's Suits exports from Honduras are: United States ($33.1M), Canada ($1.63M), Mexico ($1.21M), Guatemala ($945k), and El Salvador ($698k).

The fastest growing export markets for Knit Women's Suits of Honduras between 2021 and 2022 were United States ($11.2M), Mexico ($913k), and Canada ($706k).

Imports In 2022, Honduras imported $15M in Knit Women's Suits, becoming the 110th largest importer of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 178th most imported product in Honduras. Honduras imports Knit Women's Suits primarily from: El Salvador ($10.5M), China ($1.74M), Guatemala ($1.17M), Spain ($757k), and United States ($666k).

The fastest growing import markets in Knit Women's Suits for Honduras between 2021 and 2022 were United States ($282k), Spain ($115k), and Netherlands ($9.33k).

COMPANIES In 2023, leading companies such as Old Navy (1) were at the forefront of shipping Knit Women's Suits 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 Women's Suits. 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)$40.7M
IMPORTS (2022)$15M
NET TRADE (2022)$25.7M

In 2022, Honduras exported $40.7M in Knit Women's Suits. The main destinations of Honduras exports on Knit Women's Suits were United States ($33.1M), Canada ($1.63M), Mexico ($1.21M), Guatemala ($945k), and El Salvador ($698k).

In 2022, Honduras imported $15M in Knit Women's Suits, mainly from El Salvador ($10.5M), China ($1.74M), Guatemala ($1.17M), Spain ($757k), and United States ($666k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Suits EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$11.2M (51%)
Mexico$913k (309%)
Canada$706k (76.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Suits BY Honduras WERE (2021 - 2022):
Chile-$157k (-54.2%)
Australia-$142k (-57.4%)
Austria-$81.2k (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Knit Women's Suits were:
In 2022, Honduras's main importing competitors in Knit Women's Suits were:

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Trade Value of Knit Women's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $21.9M
TOP IMPORT POTENTIALChina+ $1.77M

Knit Women's Suits’s highest export potential is United States. With an export gap of $21.9M.   Knit Women's Suits’s highest import potential is China with an import gap of $1.77M.

See methodology.

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