2022
Exports
$2.71MWorld Rnk 59 / 170
Flag Rnk 163 / 884
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents
-0.03Rnk 556 / 1025
2022
Imports
$3.22MWorld Rnk 105 / 220
Flag Rnk 407 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $2.71M in Organic Composite Solvents, making it the 59th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 163rd most exported product in Honduras. The main destination of Organic Composite Solvents exports from Honduras are: Nicaragua ($2.69M), Guatemala ($19k), Dominican Republic ($631), and Slovenia ($76).

The fastest growing export markets for Organic Composite Solvents of Honduras between 2021 and 2022 were Nicaragua ($2.24M), Dominican Republic ($631), and Slovenia ($76).

Imports In 2022, Honduras imported $3.22M in Organic Composite Solvents, becoming the 105th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 407th most imported product in Honduras. Honduras imports Organic Composite Solvents primarily from: United States ($1.22M), Guatemala ($631k), Costa Rica ($627k), El Salvador ($473k), and Mexico ($203k).

The fastest growing import markets in Organic Composite Solvents for Honduras between 2021 and 2022 were Costa Rica ($166k), Guatemala ($153k), and El Salvador ($148k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (43) were at the forefront of shipping Organic Composite Solvents 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 Organic Composite Solvents. 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)$2.71M
IMPORTS (2022)$3.22M
NET TRADE (2022)-$507k

In 2022, Honduras exported $2.71M in Organic Composite Solvents. The main destinations of Honduras exports on Organic Composite Solvents were Nicaragua ($2.69M), Guatemala ($19k), Dominican Republic ($631), and Slovenia ($76).

In 2022, Honduras imported $3.22M in Organic Composite Solvents, mainly from United States ($1.22M), Guatemala ($631k), Costa Rica ($627k), El Salvador ($473k), and Mexico ($203k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Nicaragua$2.24M (494%)
Slovenia$76 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Honduras WERE (2021 - 2022):
Costa Rica-$71.6k (-100%)
Belize-$13.9k (-100%)
Guatemala-$12.6k (-40%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Organic Composite Solvents were:
In 2022, Honduras's main importing competitors in Organic Composite Solvents were:

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $38k
TOP IMPORT POTENTIALGermany+ $43.2k

Organic Composite Solvents’s highest export potential is Guatemala. With an export gap of $38k.   Organic Composite Solvents’s highest import potential is Germany with an import gap of $43.2k.

See methodology.

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