2023
Exports
$38.4MWorld Rnk 61 / 226
Flag Rnk 48 / 960
2023
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment
0.68Rnk 294 / 1025
2023
Imports
$60.4MWorld Rnk 84 / 226
Flag Rnk 53 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $38.4M in Low-voltage Protection Equipment, making it the 61st largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 48th most exported product in Honduras. The main destination of Low-voltage Protection Equipment exports from Honduras are: United States ($26.6M), Mexico ($8.21M), Canada ($891k), Guatemala ($525k), and China ($483k).

The fastest growing export markets for Low-voltage Protection Equipment of Honduras between 2022 and 2023 were United States ($789k), Guatemala ($199k), and El Salvador ($168k).

Imports In 2023, Honduras imported $60.4M in Low-voltage Protection Equipment, becoming the 84th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 53rd most imported product in Honduras. Honduras imports Low-voltage Protection Equipment primarily from: United States ($24.1M), China ($13.4M), Germany ($5.87M), Mexico ($5.34M), and Costa Rica ($3.35M).

The fastest growing import markets in Low-voltage Protection Equipment for Honduras between 2022 and 2023 were China ($5.45M), Mexico ($2.04M), and Colombia ($453k).

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 Low-voltage Protection Equipment. 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)$38.4M
IMPORTS (2023)$60.4M
NET TRADE (2023)-$22M

In 2023, Honduras exported $38.4M in Low-voltage Protection Equipment. The main destinations of Honduras exports on Low-voltage Protection Equipment were United States ($26.6M), Mexico ($8.21M), Canada ($891k), Guatemala ($525k), and China ($483k).

In 2023, Honduras imported $60.4M in Low-voltage Protection Equipment, mainly from United States ($24.1M), China ($13.4M), Germany ($5.87M), Mexico ($5.34M), and Costa Rica ($3.35M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
United States$789k (3.06%)
Guatemala$199k (61%)
El Salvador$168k (5.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY Honduras WERE (2022 - 2023):
Mexico-$500k (-5.74%)
Canada-$144k (-13.9%)
Belgium-$83.7k (-52.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Low-voltage Protection Equipment were:
In 2023, Honduras's main importing competitors in Low-voltage Protection Equipment were:

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Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.2M
TOP IMPORT POTENTIALChina+ $9.72M

Low-voltage Protection Equipment’s highest export potential is United States. With an export gap of $16.2M.   Low-voltage Protection Equipment’s highest import potential is China with an import gap of $9.72M.

See methodology.

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