2022
Exports
$226kWorld Rnk 121 / 213
Flag Rnk 320 / 884
2022
PRODUCT COMPLEXITY IN Refrigerators
0.56Rnk 339 / 1025
2022
Imports
$73.5MWorld Rnk 84 / 224
Flag Rnk 41 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $226k in Refrigerators, making it the 121st largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 320th most exported product in Honduras. The main destination of Refrigerators exports from Honduras are: Guatemala ($183k), Nicaragua ($36.9k), El Salvador ($4.22k), Dominican Republic ($978), and Lebanon ($594).

The fastest growing export markets for Refrigerators of Honduras between 2021 and 2022 were Guatemala ($134k), Dominican Republic ($836), and Lebanon ($594).

Imports In 2022, Honduras imported $73.5M in Refrigerators, becoming the 84th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 41st most imported product in Honduras. Honduras imports Refrigerators primarily from: Mexico ($16.7M), Colombia ($15.3M), Guatemala ($13.2M), China ($13M), and United States ($9.76M).

The fastest growing import markets in Refrigerators for Honduras between 2021 and 2022 were United States ($2.74M), Guatemala ($2.2M), and Denmark ($1.76M).

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 Refrigerators. 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)$226k
IMPORTS (2022)$73.5M
NET TRADE (2022)-$73.3M

In 2022, Honduras exported $226k in Refrigerators. The main destinations of Honduras exports on Refrigerators were Guatemala ($183k), Nicaragua ($36.9k), El Salvador ($4.22k), Dominican Republic ($978), and Lebanon ($594).

In 2022, Honduras imported $73.5M in Refrigerators, mainly from Mexico ($16.7M), Colombia ($15.3M), Guatemala ($13.2M), China ($13M), and United States ($9.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$134k (276%)
Lebanon$594 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Honduras WERE (2021 - 2022):
Mexico-$261k (-100%)
Nicaragua-$68.2k (-64.9%)
Costa Rica-$34.2k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Refrigerators were:
China $16.7B
Mexico $7.06B
Italy $4.21B
In 2022, Honduras's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGuatemala+ $103k
TOP IMPORT POTENTIALChina+ $6.8M

Refrigerators’s highest export potential is Guatemala. With an export gap of $103k.   Refrigerators’s highest import potential is China with an import gap of $6.8M.

See methodology.

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