2022
Exports
$3.94MWorld Rnk 104 / 217
Flag Rnk 57 / 93
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.08Rnk 144 / 1025
2022
Imports
$216MWorld Rnk 70 / 225
Flag Rnk 19 / 96
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $3.94M in Paints, dyes, & varnishes, making it the 104th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 57th most exported product in Honduras. The main destination of Paints, dyes, & varnishes exports from Honduras are: Dominican Republic ($2.52M), Guatemala ($503k), Nicaragua ($315k), El Salvador ($297k), and United States ($198k).

The fastest growing export markets for Paints, dyes, & varnishes of Honduras between 2021 and 2022 were United States ($32.8k), Sri Lanka ($6.68k), and Hong Kong ($4.05k).

Imports In 2022, Honduras imported $216M in Paints, dyes, & varnishes, becoming the 70th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 19th most imported product in Honduras. Honduras imports Paints, dyes, & varnishes primarily from: India ($66.1M), Costa Rica ($26.4M), El Salvador ($24.5M), Guatemala ($22.8M), and United States ($22.4M).

The fastest growing import markets in Paints, dyes, & varnishes for Honduras between 2021 and 2022 were India ($4.39M), Costa Rica ($3.25M), and El Salvador ($3.22M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (281), Halyard Health (14), and Sucafina (3) were at the forefront of shipping Paints, dyes, & varnishes 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 Paints, dyes, & varnishes. 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)$3.94M
IMPORTS (2022)$216M
NET TRADE (2022)-$212M

In 2022, Honduras exported $3.94M in Paints, dyes, & varnishes. The main destinations of Honduras exports on Paints, dyes, & varnishes were Dominican Republic ($2.52M), Guatemala ($503k), Nicaragua ($315k), El Salvador ($297k), and United States ($198k).

In 2022, Honduras imported $216M in Paints, dyes, & varnishes, mainly from India ($66.1M), Costa Rica ($26.4M), El Salvador ($24.5M), Guatemala ($22.8M), and United States ($22.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$32.8k (19.8%)
Sri Lanka$6.68k (816%)
Hong Kong$4.05k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Honduras WERE (2021 - 2022):
Guatemala-$5.69M (-91.9%)
Dominican Republic-$970k (-27.8%)
India-$185k (-99.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Paints, dyes, & varnishes were:
In 2022, Honduras's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGuatemala+ $222k
TOP IMPORT POTENTIALChina+ $5.11M

Paints, dyes, & varnishes’s highest export potential is Guatemala. With an export gap of $222k.   Paints, dyes, & varnishes’s highest import potential is China with an import gap of $5.11M.

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