2022
Exports
$170MWorld Rnk 85 / 226
Flag Rnk 10 / 93
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof
1.72Rnk 19 / 1025
2022
Imports
$848MWorld Rnk 86 / 226
Flag Rnk 5 / 96
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $170M in Plastics & articles thereof, making it the 85th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 10th most exported product in Honduras. The main destination of Plastics & articles thereof exports from Honduras are: United States ($55.5M), El Salvador ($43.7M), Guatemala ($29.7M), Nicaragua ($21M), and Panama ($3.57M).

The fastest growing export markets for Plastics & articles thereof of Honduras between 2021 and 2022 were United States ($19.8M), El Salvador ($18.3M), and Nicaragua ($10.9M).

Imports In 2022, Honduras imported $848M in Plastics & articles thereof, becoming the 86th largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 5th most imported product in Honduras. Honduras imports Plastics & articles thereof primarily from: United States ($254M), El Salvador ($144M), Guatemala ($121M), China ($121M), and Mexico ($41.4M).

The fastest growing import markets in Plastics & articles thereof for Honduras between 2021 and 2022 were United States ($50.2M), China ($34M), and El Salvador ($22.6M).

COMPANIES In 2023, leading companies such as EDT (Export, Development & Trade) (106), Halyard Health (31), and Dole Fresh Fruit (22) were at the forefront of shipping Plastics & articles thereof 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 Plastics & articles thereof. 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)$170M
IMPORTS (2022)$848M
NET TRADE (2022)-$678M

In 2022, Honduras exported $170M in Plastics & articles thereof. The main destinations of Honduras exports on Plastics & articles thereof were United States ($55.5M), El Salvador ($43.7M), Guatemala ($29.7M), Nicaragua ($21M), and Panama ($3.57M).

In 2022, Honduras imported $848M in Plastics & articles thereof, mainly from United States ($254M), El Salvador ($144M), Guatemala ($121M), China ($121M), and Mexico ($41.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$19.8M (55.7%)
El Salvador$18.3M (71.9%)
Nicaragua$10.9M (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY Honduras WERE (2021 - 2022):
Honduras-$3.3M (-100%)
China-$2.55M (-83%)
Brazil-$461k (-62.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Plastics & articles thereof were:
In 2022, Honduras's main importing competitors in Plastics & articles thereof were:

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Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.8M
TOP IMPORT POTENTIALChina+ $37.7M

Plastics & articles thereof’s highest export potential is United States. With an export gap of $38.8M.   Plastics & articles thereof’s highest import potential is China with an import gap of $37.7M.

See methodology.

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