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2022
ExportsfalseWorld Rnk 17 / 163
Flag Rnk 94 / 884
2021 - 2022
FASTEST GROWING MARKET $988kUnited States
2022
PRODUCT COMPLEXITY IN Labels-0.16Rnk 599 / 1025
2022
Origin $709k China
2021 - 2022
FASTEST GROWING ORIGIN $709kChina
2022
ECONOMIC COMPLEXITY of Honduras-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $11.2M in Labels, making it the 17th largest exporter of Labels in the world. At the same year, Labels was the 94th most exported product in Honduras. The main destination of Labels exports from Honduras are: Nicaragua ($4.78M), Guatemala ($1.98M), United States ($1.86M), El Salvador ($1.66M), and Peru ($462k).

The fastest growing export markets for Labels of Honduras between 2021 and 2022 were United States ($988k), Nicaragua ($936k), and Peru ($192k).

The fastest growing import markets in Labels for Honduras between 2021 and 2022 were China ($709k), El Salvador ($99.6k), and Indonesia ($75.3k).

COMPANIES In 2023, leading companies such as Nike (2) were at the forefront of shipping Labels from Honduras to the United States.

Latest Trends

Jul 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 Labels. 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)$11.2M

In 2022, Honduras exported $11.2M in Labels. The main destinations of Honduras exports on Labels were Nicaragua ($4.78M), Guatemala ($1.98M), United States ($1.86M), El Salvador ($1.66M), and Peru ($462k).

In N/A, Honduras imported N/A in Labels, mainly from China ($3.44M), El Salvador ($2.93M), Hong Kong ($2.14M), Guatemala ($541k), and Italy ($524k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Labels EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$988k (113%)
Nicaragua$936k (24.3%)
Peru$192k (71.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Labels BY Honduras WERE (2021 - 2022):
Guatemala-$1.29M (-39.4%)
Mexico-$187k (-49.8%)
El Salvador-$180k (-9.81%)
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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 Labels were:
China $479M
Hong Kong $171M
Italy $78M
In 2022, Honduras's main importing competitors in Labels were:
Vietnam $140M
Hong Kong $121M
Indonesia $82.5M

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Trade Value of Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $437k
TOP IMPORT POTENTIALUnited States+ $69.2k

Labels’s highest export potential is United States. With an export gap of $437k.   Labels’s highest import potential is United States with an import gap of $69.2k.

See methodology.

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