2022
Exports
$20.7MWorld Rnk 30 / 178
Flag Rnk 72 / 884
2022
PRODUCT COMPLEXITY IN Gravel and Crushed Stone
-0.31Rnk 651 / 1025
2022
Imports
$690kWorld Rnk 111 / 207
Flag Rnk 650 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $20.7M in Gravel and Crushed Stone, making it the 30th largest exporter of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 72nd most exported product in Honduras. The main destination of Gravel and Crushed Stone exports from Honduras are: United States ($20.7M) and Nicaragua ($602).

The fastest growing export markets for Gravel and Crushed Stone of Honduras between 2021 and 2022 were United States ($12.5M) and Nicaragua ($602).

Imports In 2022, Honduras imported $690k in Gravel and Crushed Stone, becoming the 111th largest importer of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 650th most imported product in Honduras. Honduras imports Gravel and Crushed Stone primarily from: Guatemala ($507k), United States ($183k), Nicaragua ($168), and Belgium ($1).

The fastest growing import markets in Gravel and Crushed Stone for Honduras between 2021 and 2022 were Guatemala ($199k), United States ($168k), and Nicaragua ($168).

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 Gravel and Crushed Stone. 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)$20.7M
IMPORTS (2022)$690k
NET TRADE (2022)$20M

In 2022, Honduras exported $20.7M in Gravel and Crushed Stone. The main destinations of Honduras exports on Gravel and Crushed Stone were United States ($20.7M) and Nicaragua ($602).

In 2022, Honduras imported $690k in Gravel and Crushed Stone, mainly from Guatemala ($507k), United States ($183k), Nicaragua ($168), and Belgium ($1).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gravel and Crushed Stone EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$12.5M (153%)
Nicaragua$602 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gravel and Crushed Stone BY Honduras WERE (2021 - 2022):
Aruba-$405k (-100%)
Mexico-$102 (-100%)
Guatemala-$72 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Gravel and Crushed Stone were:
In 2022, Honduras's main importing competitors in Gravel and Crushed Stone were:

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Trade Value of Gravel and Crushed Stone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNicaragua+ $4.23k
TOP IMPORT POTENTIALUnited States+ $8.7k

Gravel and Crushed Stone’s highest export potential is Nicaragua. With an export gap of $4.23k.   Gravel and Crushed Stone’s highest import potential is United States with an import gap of $8.7k.

See methodology.

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