2022
Exports
$1.13MWorld Rnk 79 / 159
Flag Rnk 209 / 884
2022
PRODUCT COMPLEXITY IN Shaped Wood
-0.84Rnk 788 / 1025
2022
Imports
$295kWorld Rnk 140 / 221
Flag Rnk 759 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $1.13M in Shaped Wood, making it the 79th largest exporter of Shaped Wood in the world. At the same year, Shaped Wood was the 209th most exported product in Honduras. The main destination of Shaped Wood exports from Honduras are: United States ($443k), Grenada ($218k), Barbados ($212k), El Salvador ($177k), and Antigua and Barbuda ($32.5k).

The fastest growing export markets for Shaped Wood of Honduras between 2021 and 2022 were Bahamas ($12.3k), United Kingdom ($8.18k), and Canada ($2.41k).

Imports In 2022, Honduras imported $295k in Shaped Wood, becoming the 140th largest importer of Shaped Wood in the world. At the same year, Shaped Wood was the 759th most imported product in Honduras. Honduras imports Shaped Wood primarily from: Guatemala ($197k), United States ($82.6k), Peru ($8.92k), China ($5.68k), and Nicaragua ($200).

The fastest growing import markets in Shaped Wood for Honduras between 2021 and 2022 were Guatemala ($68k), Peru ($7.34k), and China ($548).

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 Shaped Wood. 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)$1.13M
IMPORTS (2022)$295k
NET TRADE (2022)$835k

In 2022, Honduras exported $1.13M in Shaped Wood. The main destinations of Honduras exports on Shaped Wood were United States ($443k), Grenada ($218k), Barbados ($212k), El Salvador ($177k), and Antigua and Barbuda ($32.5k).

In 2022, Honduras imported $295k in Shaped Wood, mainly from Guatemala ($197k), United States ($82.6k), Peru ($8.92k), China ($5.68k), and Nicaragua ($200).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Shaped Wood EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Bahamas$12.3k (1%)
United Kingdom$8.18k (1%)
Canada$2.41k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Shaped Wood BY Honduras WERE (2021 - 2022):
United States-$243k (-35.4%)
El Salvador-$157k (-46.9%)
Barbados-$93.1k (-30.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Shaped Wood were:
In 2022, Honduras's main importing competitors in Shaped Wood were:

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Trade Value of Shaped Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $517k
TOP IMPORT POTENTIALUnited States+ $39.9k

Shaped Wood’s highest export potential is United States. With an export gap of $517k.   Shaped Wood’s highest import potential is United States with an import gap of $39.9k.

See methodology.

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