2022
Exports
$2.31MWorld Rnk 50 / 141
Flag Rnk 173 / 884
2022
PRODUCT COMPLEXITY IN Pile Fabric
0.18Rnk 494 / 1025
2022
Imports
$13.1MWorld Rnk 68 / 195
Flag Rnk 195 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $2.31M in Pile Fabric, making it the 50th largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 173rd most exported product in Honduras. The main destination of Pile Fabric exports from Honduras are: Costa Rica ($2.11M), Jamaica ($202k), United States ($3.25k), El Salvador ($315), and Guatemala ($19).

The fastest growing export markets for Pile Fabric of Honduras between 2021 and 2022 were Costa Rica ($1.77M).

Imports In 2022, Honduras imported $13.1M in Pile Fabric, becoming the 68th largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 195th most imported product in Honduras. Honduras imports Pile Fabric primarily from: El Salvador ($10.6M), China ($1.08M), United States ($974k), Chinese Taipei ($381k), and Egypt ($43.2k).

The fastest growing import markets in Pile Fabric for Honduras between 2021 and 2022 were El Salvador ($7.39M), United States ($479k), and Egypt ($43.2k).

COMPANIES In 2023, leading companies such as Old Navy (1) were at the forefront of shipping Pile Fabric from Honduras to the United States.

Latest Trends

Sep 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 Pile Fabric. 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)$2.31M
IMPORTS (2022)$13.1M
NET TRADE (2022)-$10.8M

In 2022, Honduras exported $2.31M in Pile Fabric. The main destinations of Honduras exports on Pile Fabric were Costa Rica ($2.11M), Jamaica ($202k), United States ($3.25k), El Salvador ($315), and Guatemala ($19).

In 2022, Honduras imported $13.1M in Pile Fabric, mainly from El Salvador ($10.6M), China ($1.08M), United States ($974k), Chinese Taipei ($381k), and Egypt ($43.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Honduras WERE (2021 - 2022):Costa Rica$1.77M (530%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY Honduras WERE (2021 - 2022):
Jamaica-$55.2k (-21.4%)
Guatemala-$21k (-99.9%)
El Salvador-$17.2k (-98.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Pile Fabric were:
In 2022, Honduras's main importing competitors in Pile Fabric were:

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.6k
TOP IMPORT POTENTIALChina+ $920k

Pile Fabric’s highest export potential is United States. With an export gap of $20.6k.   Pile Fabric’s highest import potential is China with an import gap of $920k.

See methodology.

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