2022
Exports
$17.4MWorld Rnk 68 / 218
Flag Rnk 79 / 884
2022
PRODUCT COMPLEXITY IN Seats
0.0071Rnk 545 / 1025
2022
Imports
$30MWorld Rnk 100 / 224
Flag Rnk 95 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $17.4M in Seats, making it the 68th largest exporter of Seats in the world. At the same year, Seats was the 79th most exported product in Honduras. The main destination of Seats exports from Honduras are: United States ($10.8M), Nicaragua ($2.75M), Guatemala ($1.04M), El Salvador ($897k), and Panama ($674k).

The fastest growing export markets for Seats of Honduras between 2021 and 2022 were United States ($5.54M), Nicaragua ($1.97M), and Guatemala ($747k).

Imports In 2022, Honduras imported $30M in Seats, becoming the 100th largest importer of Seats in the world. At the same year, Seats was the 95th most imported product in Honduras. Honduras imports Seats primarily from: China ($11.4M), Guatemala ($8.3M), United States ($3.56M), El Salvador ($3.09M), and Costa Rica ($1.1M).

The fastest growing import markets in Seats for Honduras between 2021 and 2022 were Guatemala ($1.16M), Costa Rica ($664k), and El Salvador ($475k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Seats. 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)$17.4M
IMPORTS (2022)$30M
NET TRADE (2022)-$12.7M

In 2022, Honduras exported $17.4M in Seats. The main destinations of Honduras exports on Seats were United States ($10.8M), Nicaragua ($2.75M), Guatemala ($1.04M), El Salvador ($897k), and Panama ($674k).

In 2022, Honduras imported $30M in Seats, mainly from China ($11.4M), Guatemala ($8.3M), United States ($3.56M), El Salvador ($3.09M), and Costa Rica ($1.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seats EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$5.54M (105%)
Nicaragua$1.97M (254%)
Guatemala$747k (256%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seats BY Honduras WERE (2021 - 2022):
Mexico-$2.15M (-100%)
Honduras-$1.3M (-100%)
Brazil-$480k (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Seats were:
China $34.3B
Poland $6.67B
Vietnam $4.84B
In 2022, Honduras's main importing competitors in Seats were:

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Trade Value of Seats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.8M
TOP IMPORT POTENTIALChina+ $6.07M

Seats’s highest export potential is United States. With an export gap of $12.8M.   Seats’s highest import potential is China with an import gap of $6.07M.

See methodology.

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