2022
Exports
$7.54kWorld Rnk 96 / 130
Flag Rnk 617 / 884
2022
PRODUCT COMPLEXITY IN Tobacco Processing Machines
-0.19Rnk 613 / 1025
2022
Imports
$9.38kWorld Rnk 150 / 175
Flag Rnk 1027 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $7.54k in Tobacco Processing Machines, making it the 96th largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 617th most exported product in Honduras. The main destination of Tobacco Processing Machines exports from Honduras are: Nicaragua ($6.34k), Romania ($630), and South Korea ($575).

The fastest growing export markets for Tobacco Processing Machines of Honduras between 2021 and 2022 were Romania ($597) and South Korea ($575).

Imports In 2022, Honduras imported $9.38k in Tobacco Processing Machines, becoming the 150th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 1027th most imported product in Honduras. Honduras imports Tobacco Processing Machines primarily from: United States ($4.2k), United Kingdom ($2.64k), Romania ($2.42k), and Guatemala ($120).

The fastest growing import markets in Tobacco Processing Machines for Honduras between 2021 and 2022 were Romania ($2.42k).

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 Tobacco Processing Machines. 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)$7.54k
IMPORTS (2022)$9.38k
NET TRADE (2022)-$1.84k

In 2022, Honduras exported $7.54k in Tobacco Processing Machines. The main destinations of Honduras exports on Tobacco Processing Machines were Nicaragua ($6.34k), Romania ($630), and South Korea ($575).

In 2022, Honduras imported $9.38k in Tobacco Processing Machines, mainly from United States ($4.2k), United Kingdom ($2.64k), Romania ($2.42k), and Guatemala ($120).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Romania$597 (1.81k%)
South Korea$575 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Honduras WERE (2021 - 2022):
Nigeria-$1.64M (-100%)
Nicaragua-$13.4k (-67.9%)
Dominican Republic-$3.61k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Tobacco Processing Machines were:
In 2022, Honduras's main importing competitors in Tobacco Processing Machines were:

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $1.27k
TOP IMPORT POTENTIALUnited States+ $2.65k

Tobacco Processing Machines’s highest export potential is Romania. With an export gap of $1.27k.   Tobacco Processing Machines’s highest import potential is United States with an import gap of $2.65k.

See methodology.

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