2022
Exports
$94.8MWorld Rnk 48 / 221
Flag Rnk 23 / 884
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$14.5MWorld Rnk 116 / 225
Flag Rnk 182 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $94.8M in Non-Knit Men's Suits, making it the 48th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 23rd most exported product in Honduras. The main destination of Non-Knit Men's Suits exports from Honduras are: United States ($82.2M), Guatemala ($3.18M), Japan ($2.49M), Canada ($2.45M), and Australia ($900k).

The fastest growing export markets for Non-Knit Men's Suits of Honduras between 2021 and 2022 were United States ($21.5M), Australia ($774k), and Canada ($416k).

Imports In 2022, Honduras imported $14.5M in Non-Knit Men's Suits, becoming the 116th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 182nd most imported product in Honduras. Honduras imports Non-Knit Men's Suits primarily from: Nicaragua ($5.44M), China ($3.03M), United States ($2.28M), Spain ($1.97M), and Guatemala ($764k).

The fastest growing import markets in Non-Knit Men's Suits for Honduras between 2021 and 2022 were United States ($1.36M), Spain ($618k), and Nicaragua ($549k).

COMPANIES In 2023, leading companies such as O&M HALYARD, INC. (2) were at the forefront of shipping Non-Knit Men's Suits from Honduras to the United States.

Latest Trends

Mar 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 Non-Knit Men's Suits. 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)$94.8M
IMPORTS (2022)$14.5M
NET TRADE (2022)$80.2M

In 2022, Honduras exported $94.8M in Non-Knit Men's Suits. The main destinations of Honduras exports on Non-Knit Men's Suits were United States ($82.2M), Guatemala ($3.18M), Japan ($2.49M), Canada ($2.45M), and Australia ($900k).

In 2022, Honduras imported $14.5M in Non-Knit Men's Suits, mainly from Nicaragua ($5.44M), China ($3.03M), United States ($2.28M), Spain ($1.97M), and Guatemala ($764k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$21.5M (35.5%)
Australia$774k (618%)
Canada$416k (20.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Honduras WERE (2021 - 2022):
Mexico-$1.19M (-91.4%)
Jamaica-$410k (-100%)
Saudi Arabia-$88k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Non-Knit Men's Suits were:
In 2022, Honduras's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

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