2022
Exports
$94.8MWorld Rnk 48 / 221
Flag Rnk 23 / 884
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$14.5MWorld Rnk 116 / 225
Flag Rnk 182 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $94.8M in Non-Knit Men's Suits, making it the 48th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 23rd most exported product in Honduras. The main destination of Non-Knit Men's Suits exports from Honduras are: United States ($82.2M), Guatemala ($3.18M), Japan ($2.49M), Canada ($2.45M), and Australia ($900k).

The fastest growing export markets for Non-Knit Men's Suits of Honduras between 2021 and 2022 were United States ($21.5M), Australia ($774k), and Canada ($416k).

Imports In 2022, Honduras imported $14.5M in Non-Knit Men's Suits, becoming the 116th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 182nd most imported product in Honduras. Honduras imports Non-Knit Men's Suits primarily from: Nicaragua ($5.44M), China ($3.03M), United States ($2.28M), Spain ($1.97M), and Guatemala ($764k).

The fastest growing import markets in Non-Knit Men's Suits for Honduras between 2021 and 2022 were United States ($1.36M), Spain ($618k), and Nicaragua ($549k).

COMPANIES In 2023, leading companies such as Halyard Health (2) were at the forefront of shipping Non-Knit Men's Suits from Honduras to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Non-Knit Men's Suits. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$94.8M
IMPORTS (2022)$14.5M
NET TRADE (2022)$80.2M

In 2022, Honduras exported $94.8M in Non-Knit Men's Suits. The main destinations of Honduras exports on Non-Knit Men's Suits were United States ($82.2M), Guatemala ($3.18M), Japan ($2.49M), Canada ($2.45M), and Australia ($900k).

In 2022, Honduras imported $14.5M in Non-Knit Men's Suits, mainly from Nicaragua ($5.44M), China ($3.03M), United States ($2.28M), Spain ($1.97M), and Guatemala ($764k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$21.5M (35.5%)
Australia$774k (618%)
Canada$416k (20.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Honduras WERE (2021 - 2022):
Mexico-$1.19M (-91.4%)
Jamaica-$410k (-100%)
Saudi Arabia-$88k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Honduras's main exporting competitors in Non-Knit Men's Suits were:
In 2022, Honduras's main importing competitors in Non-Knit Men's Suits were:

Explore Visualizations

Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.4M
TOP IMPORT POTENTIALChina+ $1.89M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $39.4M.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $1.89M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with