2022
Exports
$23.8kWorld Rnk 135 / 199
Flag Rnk 540 / 884
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$6.89MWorld Rnk 82 / 220
Flag Rnk 279 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $23.8k in Metalworking Machine Parts, making it the 135th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 540th most exported product in Honduras. The main destination of Metalworking Machine Parts exports from Honduras are: Costa Rica ($12.5k), United States ($5.41k), India ($3.45k), Italy ($1.24k), and Switzerland ($516).

The fastest growing export markets for Metalworking Machine Parts of Honduras between 2021 and 2022 were India ($2.1k), Costa Rica ($2.01k), and Switzerland ($516).

Imports In 2022, Honduras imported $6.89M in Metalworking Machine Parts, becoming the 82nd largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 279th most imported product in Honduras. Honduras imports Metalworking Machine Parts primarily from: United States ($3.16M), Chinese Taipei ($1.6M), Germany ($1.25M), Spain ($204k), and China ($199k).

The fastest growing import markets in Metalworking Machine Parts for Honduras between 2021 and 2022 were United States ($1.58M), Chinese Taipei ($1.43M), and Germany ($1.01M).

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 Metalworking Machine Parts. 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)$23.8k
IMPORTS (2022)$6.89M
NET TRADE (2022)-$6.87M

In 2022, Honduras exported $23.8k in Metalworking Machine Parts. The main destinations of Honduras exports on Metalworking Machine Parts were Costa Rica ($12.5k), United States ($5.41k), India ($3.45k), Italy ($1.24k), and Switzerland ($516).

In 2022, Honduras imported $6.89M in Metalworking Machine Parts, mainly from United States ($3.16M), Chinese Taipei ($1.6M), Germany ($1.25M), Spain ($204k), and China ($199k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
India$2.1k (155%)
Costa Rica$2.01k (19.3%)
Switzerland$516 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Honduras WERE (2021 - 2022):
Mexico-$221k (-100%)
United States-$10.4k (-65.8%)
Guatemala-$4.99k (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Metalworking Machine Parts were:
In 2022, Honduras's main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.2k
TOP IMPORT POTENTIALGermany+ $492k

Metalworking Machine Parts’s highest export potential is United States. With an export gap of $20.2k.   Metalworking Machine Parts’s highest import potential is Germany with an import gap of $492k.

See methodology.

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