2022
Exports
$7.1kWorld Rnk 108 / 138
Flag Rnk 623 / 884
2022
PRODUCT COMPLEXITY IN Traffic Signals
1.02Rnk 165 / 1025
2022
Imports
$191kWorld Rnk 151 / 210
Flag Rnk 804 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $7.1k in Traffic Signals, making it the 108th largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 623rd most exported product in Honduras. The main destination of Traffic Signals exports from Honduras are: United States ($6.8k) and Guatemala ($301).

The fastest growing export markets for Traffic Signals of Honduras between 2021 and 2022 were United States ($6.8k) and Guatemala ($301).

Imports In 2022, Honduras imported $191k in Traffic Signals, becoming the 151st largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 804th most imported product in Honduras. Honduras imports Traffic Signals primarily from: United States ($72.9k), China ($72k), Bulgaria ($23.4k), Guatemala ($23k), and Spain ($235).

The fastest growing import markets in Traffic Signals for Honduras between 2021 and 2022 were China ($24.1k), Bulgaria ($10.8k), and Guatemala ($1.87k).

Latest Trends

Aug 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 Traffic Signals. 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)$7.1k
IMPORTS (2022)$191k
NET TRADE (2022)-$184k

In 2022, Honduras exported $7.1k in Traffic Signals. The main destinations of Honduras exports on Traffic Signals were United States ($6.8k) and Guatemala ($301).

In 2022, Honduras imported $191k in Traffic Signals, mainly from United States ($72.9k), China ($72k), Bulgaria ($23.4k), Guatemala ($23k), and Spain ($235).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$6.8k (1%)
Guatemala$301 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY Honduras WERE (2021 - 2022):El Salvador-$40 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Traffic Signals were:
In 2022, Honduras's main importing competitors in Traffic Signals were:

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Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.5k
TOP IMPORT POTENTIALChina+ $44.9k

Traffic Signals’s highest export potential is United States. With an export gap of $11.5k.   Traffic Signals’s highest import potential is China with an import gap of $44.9k.

See methodology.

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