2022
Exports
$168kWorld Rnk 106 / 219
Flag Rnk 346 / 884
falsefalse Guatemala
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$8.57MWorld Rnk 103 / 220
Flag Rnk 245 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $168k in Ball Bearings, making it the 106th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 346th most exported product in Honduras. The main destination of Ball Bearings exports from Honduras are: Guatemala ($162k), Nicaragua ($2.28k), Bahrain ($1.67k), Peru ($1.04k), and Poland ($446).

Imports In 2022, Honduras imported $8.57M in Ball Bearings, becoming the 103rd largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 245th most imported product in Honduras. Honduras imports Ball Bearings primarily from: Guatemala ($2.05M), United States ($1.63M), China ($1.39M), Singapore ($841k), and Mexico ($548k).

Latest Trends

Sep 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 Ball Bearings. 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)$168k
IMPORTS (2022)$8.57M
NET TRADE (2022)-$8.41M

In 2022, Honduras exported $168k in Ball Bearings. The main destinations of Honduras exports on Ball Bearings were Guatemala ($162k), Nicaragua ($2.28k), Bahrain ($1.67k), Peru ($1.04k), and Poland ($446).

In 2022, Honduras imported $8.57M in Ball Bearings, mainly from Guatemala ($2.05M), United States ($1.63M), China ($1.39M), Singapore ($841k), and Mexico ($548k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Honduras's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGuatemala+ $18.2k
TOP IMPORT POTENTIALChina+ $1.15M

Ball Bearings’s highest export potential is Guatemala. With an export gap of $18.2k.   Ball Bearings’s highest import potential is China with an import gap of $1.15M.

See methodology.

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