2022
Exports
$393kWorld Rnk 99 / 187
Flag Rnk 279 / 884
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.71Rnk 22 / 1025
2022
Imports
$16.8MWorld Rnk 101 / 213
Flag Rnk 165 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $393k in Rubberworking Machinery, making it the 99th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 279th most exported product in Honduras. The main destination of Rubberworking Machinery exports from Honduras are: Guatemala ($328k), United States ($36.9k), Dominican Republic ($27.2k), and Luxembourg ($172).

The fastest growing export markets for Rubberworking Machinery of Honduras between 2021 and 2022 were Guatemala ($290k), United States ($26.8k), and Luxembourg ($172).

Imports In 2022, Honduras imported $16.8M in Rubberworking Machinery, becoming the 101st largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 165th most imported product in Honduras. Honduras imports Rubberworking Machinery primarily from: China ($5.01M), Germany ($3.4M), Canada ($1.41M), United States ($1.16M), and Austria ($958k).

The fastest growing import markets in Rubberworking Machinery for Honduras between 2021 and 2022 were Germany ($3.07M), China ($2.14M), and Canada ($865k).

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 Rubberworking Machinery. 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)$393k
IMPORTS (2022)$16.8M
NET TRADE (2022)-$16.4M

In 2022, Honduras exported $393k in Rubberworking Machinery. The main destinations of Honduras exports on Rubberworking Machinery were Guatemala ($328k), United States ($36.9k), Dominican Republic ($27.2k), and Luxembourg ($172).

In 2022, Honduras imported $16.8M in Rubberworking Machinery, mainly from China ($5.01M), Germany ($3.4M), Canada ($1.41M), United States ($1.16M), and Austria ($958k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$290k (755%)
United States$26.8k (263%)
Luxembourg$172 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Honduras WERE (2021 - 2022):
Mexico-$195k (-100%)
Pakistan-$172k (-100%)
Panama-$24.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Japan $2.29B
In 2022, Honduras's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $118k
TOP IMPORT POTENTIALChina+ $1.65M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $118k.   Rubberworking Machinery’s highest import potential is China with an import gap of $1.65M.

See methodology.

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