2022
Exports
$933kWorld Rnk 61 / 130
Flag Rnk 220 / 884
2022
PRODUCT COMPLEXITY IN Refractory Cements
0.7Rnk 278 / 1025
2022
Imports
$867kWorld Rnk 130 / 214
Flag Rnk 613 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $933k in Refractory Cements, making it the 61st largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 220th most exported product in Honduras. The main destination of Refractory Cements exports from Honduras are: El Salvador ($483k), Nicaragua ($398k), and Bahamas ($50.8k).

The fastest growing export markets for Refractory Cements of Honduras between 2021 and 2022 were El Salvador ($190k), Nicaragua ($90.6k), and Bahamas ($50.8k).

Imports In 2022, Honduras imported $867k in Refractory Cements, becoming the 130th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 613th most imported product in Honduras. Honduras imports Refractory Cements primarily from: Spain ($338k), China ($212k), Peru ($126k), Guatemala ($87k), and United States ($40.9k).

The fastest growing import markets in Refractory Cements for Honduras between 2021 and 2022 were Spain ($99.5k), Peru ($81.4k), and India ($17.5k).

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 Refractory Cements. 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)$933k
IMPORTS (2022)$867k
NET TRADE (2022)$65.4k

In 2022, Honduras exported $933k in Refractory Cements. The main destinations of Honduras exports on Refractory Cements were El Salvador ($483k), Nicaragua ($398k), and Bahamas ($50.8k).

In 2022, Honduras imported $867k in Refractory Cements, mainly from Spain ($338k), China ($212k), Peru ($126k), Guatemala ($87k), and United States ($40.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
El Salvador$190k (64.9%)
Nicaragua$90.6k (29.4%)
Bahamas$50.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Honduras WERE (2021 - 2022):Guatemala-$4.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Refractory Cements were:
In 2022, Honduras's main importing competitors in Refractory Cements were:

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.74k
TOP IMPORT POTENTIALChina+ $112k

Refractory Cements’s highest export potential is United States. With an export gap of $1.74k.   Refractory Cements’s highest import potential is China with an import gap of $112k.

See methodology.

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