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2022
Exports $5.28kWorld Rnk 123 / 161
Flag Rnk 650 / 884
2022
Destination $3.24k Nicaragua
2021 - 2022
FASTEST GROWING MARKET $3.24kNicaragua
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines1.51Rnk 48 / 1025
2022
Imports $231kWorld Rnk 132 / 210
Flag Rnk 787 / 1113
2022
Origin $30k China
2021 - 2022
FASTEST GROWING ORIGIN $30kChina
2022
ECONOMIC COMPLEXITY of Honduras-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $5.28k in Metal Finishing Machines, making it the 123rd largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 650th most exported product in Honduras. The main destination of Metal Finishing Machines exports from Honduras are: Nicaragua ($3.24k) and Guatemala ($2.04k).

The fastest growing export markets for Metal Finishing Machines of Honduras between 2021 and 2022 were Nicaragua ($3.24k) and Guatemala ($2.04k).

Imports In 2022, Honduras imported $231k in Metal Finishing Machines, becoming the 132nd largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 787th most imported product in Honduras. Honduras imports Metal Finishing Machines primarily from: China ($106k), United States ($27.1k), Costa Rica ($26.8k), Guatemala ($23.3k), and India ($18.4k).

The fastest growing import markets in Metal Finishing Machines for Honduras between 2021 and 2022 were China ($30k), Guatemala ($19.6k), and India ($18.4k).

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 Metal Finishing Machines. 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)$5.28k
IMPORTS (2022)$231k
NET TRADE (2022)-$226k

In 2022, Honduras exported $5.28k in Metal Finishing Machines. The main destinations of Honduras exports on Metal Finishing Machines were Nicaragua ($3.24k) and Guatemala ($2.04k).

In 2022, Honduras imported $231k in Metal Finishing Machines, mainly from China ($106k), United States ($27.1k), Costa Rica ($26.8k), Guatemala ($23.3k), and India ($18.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Nicaragua$3.24k (1%)
Guatemala$2.04k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Honduras WERE (2021 - 2022):
Panama-$4.69k (-100%)
El Salvador-$812 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Metal Finishing Machines were:
Germany $779M
Switzerland $601M
Japan $534M
In 2022, Honduras's main importing competitors in Metal Finishing Machines were:
China $836M
United States $544M
Germany $295M

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGuatemala+ $1.19k
TOP IMPORT POTENTIALChina+ $43.2k

Metal Finishing Machines’s highest export potential is Guatemala. With an export gap of $1.19k.   Metal Finishing Machines’s highest import potential is China with an import gap of $43.2k.

See methodology.

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