2023
Exports
$4.31MWorld Rnk 35 / 185
Flag Rnk 153 / 960
2023
PRODUCT COMPLEXITY IN Sewing Machines
0.95Rnk 193 / 1025
2023
Imports
$7.49MWorld Rnk 70 / 214
Flag Rnk 287 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $4.31M in Sewing Machines, making it the 35th largest exporter of Sewing Machines in the world. At the same year, Sewing Machines was the 153rd most exported product in Honduras. The main destination of Sewing Machines exports from Honduras are: Nicaragua ($2.84M), Bangladesh ($458k), Mexico ($313k), Brazil ($223k), and Dominican Republic ($158k).

The fastest growing export markets for Sewing Machines of Honduras between 2022 and 2023 were Nicaragua ($2.1M), Bangladesh ($458k), and Mexico ($313k).

Imports In 2023, Honduras imported $7.49M in Sewing Machines, becoming the 70th largest importer of Sewing Machines in the world. At the same year, Sewing Machines was the 287th most imported product in Honduras. Honduras imports Sewing Machines primarily from: El Salvador ($4.06M), China ($1.34M), United States ($780k), Vietnam ($619k), and Japan ($154k).

The fastest growing import markets in Sewing Machines for Honduras between 2022 and 2023 were El Salvador ($2.37M), Vietnam ($619k), and Hong Kong ($48.7k).

Latest Trends

Jan 2025

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 Sewing Machines. 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 (2023)$4.31M
IMPORTS (2023)$7.49M
NET TRADE (2023)-$3.18M

In 2023, Honduras exported $4.31M in Sewing Machines. The main destinations of Honduras exports on Sewing Machines were Nicaragua ($2.84M), Bangladesh ($458k), Mexico ($313k), Brazil ($223k), and Dominican Republic ($158k).

In 2023, Honduras imported $7.49M in Sewing Machines, mainly from El Salvador ($4.06M), China ($1.34M), United States ($780k), Vietnam ($619k), and Japan ($154k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sewing Machines EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
Nicaragua$2.1M (285%)
Bangladesh$458k (1%)
Mexico$313k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sewing Machines BY Honduras WERE (2022 - 2023):
Panama-$603 (-62.9%)
Belize-$84 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Sewing Machines were:
China $1.89B
Japan $340M
In 2023, Honduras's main importing competitors in Sewing Machines were:

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Trade Value of Sewing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALEl Salvador+ $34.5k
TOP IMPORT POTENTIALChina+ $879k

Sewing Machines’s highest export potential is El Salvador. With an export gap of $34.5k.   Sewing Machines’s highest import potential is China with an import gap of $879k.

See methodology.

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