2022
Exports
$163kWorld Rnk 76 / 123
Flag Rnk 351 / 884
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$2.15MWorld Rnk 91 / 197
Flag Rnk 467 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $163k in Petroleum Resins, making it the 76th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 351st most exported product in Honduras. The main destination of Petroleum Resins exports from Honduras are: El Salvador ($162k) and United States ($352).

The fastest growing export markets for Petroleum Resins of Honduras between 2021 and 2022 were El Salvador ($162k) and United States ($352).

Imports In 2022, Honduras imported $2.15M in Petroleum Resins, becoming the 91st largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 467th most imported product in Honduras. Honduras imports Petroleum Resins primarily from: United States ($1.42M), Trinidad and Tobago ($215k), Germany ($207k), Brazil ($121k), and Costa Rica ($81.9k).

The fastest growing import markets in Petroleum Resins for Honduras between 2021 and 2022 were Brazil ($115k), Trinidad and Tobago ($13.3k), and South Korea ($11.3k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (22) and Old Navy (1) were at the forefront of shipping Petroleum Resins 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 Petroleum Resins. 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)$163k
IMPORTS (2022)$2.15M
NET TRADE (2022)-$1.99M

In 2022, Honduras exported $163k in Petroleum Resins. The main destinations of Honduras exports on Petroleum Resins were El Salvador ($162k) and United States ($352).

In 2022, Honduras imported $2.15M in Petroleum Resins, mainly from United States ($1.42M), Trinidad and Tobago ($215k), Germany ($207k), Brazil ($121k), and Costa Rica ($81.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
El Salvador$162k (1%)
United States$352 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Honduras WERE (2021 - 2022):
Colombia-$5.67k (-100%)
Guatemala-$1.74k (-100%)
Honduras-$5 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Petroleum Resins were:
In 2022, Honduras's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.35k
TOP IMPORT POTENTIALGermany+ $136k

Petroleum Resins’s highest export potential is United States. With an export gap of $4.35k.   Petroleum Resins’s highest import potential is Germany with an import gap of $136k.

See methodology.

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