2022
Exports
$3.62MWorld Rnk 23 / 130
Flag Rnk 142 / 884
2022
PRODUCT COMPLEXITY IN Non-Retail Artificial Staple Fibers Sewing Thread
-0.89Rnk 804 / 1025
2022
Imports
$1.25MWorld Rnk 87 / 194
Flag Rnk 552 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $3.62M in Non-Retail Artificial Staple Fibers Sewing Thread, making it the 23rd largest exporter of Non-Retail Artificial Staple Fibers Sewing Thread in the world. At the same year, Non-Retail Artificial Staple Fibers Sewing Thread was the 142nd most exported product in Honduras. The main destination of Non-Retail Artificial Staple Fibers Sewing Thread exports from Honduras are: Guatemala ($2.58M), El Salvador ($992k), Canada ($34.7k), Panama ($14.9k), and United States ($4.01k).

The fastest growing export markets for Non-Retail Artificial Staple Fibers Sewing Thread of Honduras between 2021 and 2022 were El Salvador ($580k), Canada ($34.7k), and United States ($2.16k).

Imports In 2022, Honduras imported $1.25M in Non-Retail Artificial Staple Fibers Sewing Thread, becoming the 87th largest importer of Non-Retail Artificial Staple Fibers Sewing Thread in the world. At the same year, Non-Retail Artificial Staple Fibers Sewing Thread was the 552nd most imported product in Honduras. Honduras imports Non-Retail Artificial Staple Fibers Sewing Thread primarily from: Guatemala ($518k), El Salvador ($291k), United States ($268k), China ($169k), and Canada ($5.47k).

The fastest growing import markets in Non-Retail Artificial Staple Fibers Sewing Thread for Honduras between 2021 and 2022 were United States ($258k) and Canada ($2.58k).

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 Non-Retail Artificial Staple Fibers Sewing Thread. 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)$3.62M
IMPORTS (2022)$1.25M
NET TRADE (2022)$2.37M

In 2022, Honduras exported $3.62M in Non-Retail Artificial Staple Fibers Sewing Thread. The main destinations of Honduras exports on Non-Retail Artificial Staple Fibers Sewing Thread were Guatemala ($2.58M), El Salvador ($992k), Canada ($34.7k), Panama ($14.9k), and United States ($4.01k).

In 2022, Honduras imported $1.25M in Non-Retail Artificial Staple Fibers Sewing Thread, mainly from Guatemala ($518k), El Salvador ($291k), United States ($268k), China ($169k), and Canada ($5.47k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Artificial Staple Fibers Sewing Thread EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
El Salvador$580k (141%)
Canada$34.7k (1%)
United States$2.16k (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Artificial Staple Fibers Sewing Thread BY Honduras WERE (2021 - 2022):
Guatemala-$280k (-9.8%)
Colombia-$9.97k (-100%)
Panama-$5.25k (-26%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Non-Retail Artificial Staple Fibers Sewing Thread were:
In 2022, Honduras's main importing competitors in Non-Retail Artificial Staple Fibers Sewing Thread were:
Russia $63.7M
Turkey $52.8M
Vietnam $46.6M

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Trade Value of Non-Retail Artificial Staple Fibers Sewing Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $26.3k
TOP IMPORT POTENTIALChina+ $104k

Non-Retail Artificial Staple Fibers Sewing Thread’s highest export potential is Canada. With an export gap of $26.3k.   Non-Retail Artificial Staple Fibers Sewing Thread’s highest import potential is China with an import gap of $104k.

See methodology.

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