2022
Exports
$396kWorld Rnk 45 / 93
Flag Rnk 278 / 884
falsefalse United States
2022
Imports
$38kWorld Rnk 113 / 178
Flag Rnk 947 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $396k in Turpentine, making it the 45th largest exporter of Turpentine in the world. At the same year, Turpentine was the 278th most exported product in Honduras. The main destination of Turpentine exports from Honduras are: United States ($231k), India ($70.6k), Nicaragua ($59.6k), Canada ($17.5k), and Guatemala ($11.3k).

Imports In 2022, Honduras imported $38k in Turpentine, becoming the 113th largest importer of Turpentine in the world. At the same year, Turpentine was the 947th most imported product in Honduras. Honduras imports Turpentine primarily from: Guatemala ($38k).

The fastest growing import markets in Turpentine for Honduras between 2021 and 2022 were Guatemala ($24.2k).

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 Turpentine. 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)$396k
IMPORTS (2022)$38k
NET TRADE (2022)$358k

In 2022, Honduras exported $396k in Turpentine. The main destinations of Honduras exports on Turpentine were United States ($231k), India ($70.6k), Nicaragua ($59.6k), Canada ($17.5k), and Guatemala ($11.3k).

In 2022, Honduras imported $38k in Turpentine, mainly from Guatemala ($38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Honduras WERE (2021 - 2022):
Mexico-$454k (-100%)
Colombia-$233k (-100%)
France-$130k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $79.1k
TOP IMPORT POTENTIALBrazil+ $695

Turpentine’s highest export potential is United States. With an export gap of $79.1k.   Turpentine’s highest import potential is Brazil with an import gap of $695.

See methodology.

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