2022
Exports
$2.1BWorld Rnk 7 / 226
Flag Rnk 1 / 884
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$419MWorld Rnk 28 / 223
Flag Rnk 4 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $2.1B in Knit T-shirts, making it the 7th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 1st most exported product in Honduras. The main destination of Knit T-shirts exports from Honduras are: United States ($1.12B), Nicaragua ($455M), El Salvador ($249M), Mexico ($84.2M), and Canada ($58.6M).

The fastest growing export markets for Knit T-shirts of Honduras between 2021 and 2022 were United States ($754M), Nicaragua ($327M), and El Salvador ($133M).

Imports In 2022, Honduras imported $419M in Knit T-shirts, becoming the 28th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 4th most imported product in Honduras. Honduras imports Knit T-shirts primarily from: Nicaragua ($259M), El Salvador ($100M), United States ($50.7M), Guatemala ($2.52M), and Spain ($2.44M).

The fastest growing import markets in Knit T-shirts for Honduras between 2021 and 2022 were Nicaragua ($114M), United States ($38.2M), and El Salvador ($18.2M).

COMPANIES In 2023, leading companies such as Gildan Activewear (93), Adidas (24), and Nike (1) were at the forefront of shipping Knit T-shirts from Honduras to the United States.

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 Knit T-shirts. 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)$2.1B
IMPORTS (2022)$419M
NET TRADE (2022)$1.68B

In 2022, Honduras exported $2.1B in Knit T-shirts. The main destinations of Honduras exports on Knit T-shirts were United States ($1.12B), Nicaragua ($455M), El Salvador ($249M), Mexico ($84.2M), and Canada ($58.6M).

In 2022, Honduras imported $419M in Knit T-shirts, mainly from Nicaragua ($259M), El Salvador ($100M), United States ($50.7M), Guatemala ($2.52M), and Spain ($2.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$754M (208%)
Nicaragua$327M (254%)
El Salvador$133M (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Honduras WERE (2021 - 2022):
Mexico-$14.3M (-14.5%)
China-$4.26M (-41.6%)
Colombia-$2.09M (-32.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Knit T-shirts were:
In 2022, Honduras's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $76.1M
TOP IMPORT POTENTIALGuatemala+ $3.78M

Knit T-shirts’s highest export potential is United States. With an export gap of $76.1M.   Knit T-shirts’s highest import potential is Guatemala with an import gap of $3.78M.

See methodology.

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