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Honduras import Statistics

Honduras Import Data

The Republic of Honduras is another name for Honduras. Central America is where the country is located. Honduras borders several nations, including Cuba, Mexico, Guatemala, El Salvador, and Colombia. According to import data from Honduras, the country imported $17.82 billion worth of goods in 2022. Comparing 2021 to 2022, Honduras saw a 45% rise in merchandise imports. In 2022, imports of goods increased by $3.65 billion. According to the complexity index, the nation is ranked 94th in the entire globe. According to import statistics, Honduras ranked 87th out of 226 nations in terms of total imports in 2022. In today's globalized economy, accurate and up-to-date import data plays a crucial role in understanding market dynamics, making informed business decisions, and staying competitive. Let us explore the relevance and significance of Honduras import data in 2022, shedding light on its importance for businesses operating in and dealing with the country and various import trends.

Honduras Import Data | Honduras Customs Data

87

The country has been ranked 87th in global imports, showing a significant position in the international trade landscape and import market.

0.04%

With a mere 0.04% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

USA

The USA holds a significant role as the largest import partner of the country in terms of goods imports and import share.

PETROLEUM OIL AND WASTE OIL

Petroleum oil and waste oil are the biggest import commodities of the country, playing a vital role in its economy.

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import

Top 10 Imports of Honduras

Honduras, a vibrant Central American country, engages in trade with various nations around the world. When it comes to imports, Honduras sources a diverse range of products that contribute to its economic growth. The top 10 imports of Honduras in 2022, according to its import data are:

  • Petroleum oils and waste oils: 13.5% ($1.57 billion)
  • Medicaments: 4.74% ($552 million)
  • Flat-rolled products of iron or nonalloy steel: 3% ($349 million)
  • Motor vehicles for the transport of goods: 2.81% ($327 million)
  • Motor cars and other motor vehicles: 2.21% ($257 million)
  • Electrical apparatus: 2.05% ($239 million)
  • Food preparations not elsewhere specified or included: 1.92% ($224 million)
  • Corn: 1.92% ($223 million)
  • Oil cake and other solid residues: 1.29% ($150 million)
  • Motorcycles: 1.15% ($134 million)
    • Partners

    Top 10 Import Partners of Honduras

    When it comes to import partners, Honduras has strong trade ties with several countries. The top 10 import partners of Honduras benefit the country from a diverse range of products. USA is the biggest import partner of Honduras. Honduras’s top 10 import partners in 2022 include:

    Value In Percentage(%)

  • USA: 34% (3.99 billion US$)
  • China: 17.9% (2.08 billion US$)
  • Mexico: 7.55% (878 million US$)
  • Guatemala: 5.59% (650 million US$)
  • El Salvador: 4.43% (515 million US$)
  • Costa Rica: 3.58% (417 million US$)
  • Brazil: 1.85% (216 million US$)
  • Russia: 1.83% (213 million US$)
  • Japan: 1.77% (206 million US$)
  • India: 1.72% (200 million US$)
    • Sample Data

    Understanding Honduras Import Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Honduras import data refers to the information and statistics collected, compiled, and analyzed by organizations such as customs departments, trade bodies, and market research firms. It provides insights into the import activities and trends of goods and services entering Honduras from other countries. The data includes key details such as product descriptions, import volumes and values, country of origin, port of entry, and customs duties. By analyzing this data, businesses can gain valuable intelligence about market demand, competitor activities, tariff regulations, and potential business opportunities. According to Honduras customs data, the country imported $11.6 billion worth of goods in 2022. The information we give you on Honduras' import data and import statistics is really helpful and educational. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from establishments, shipping corporations, and approved ports in Honduras. The Honduran import data has several fields, such as HS codes and product descriptions that include the quantity, price, and unit of each transported good.

    Benefits

    Benefits of Honduras Import Data

  • Expand your business into the Honduras import Market.
  • View Honduras's most recent product demand.
  • Track and monitor the Shipment History of Your Rivals.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Honduras.
  • Create more ROI and business goals for the future.

    • Frequently Asked Questions!!

    Honduras' import data for 2022 refers to the total amount and value of goods and services that the country has brought in from other countries during that year.

    Honduras imports a variety of goods and services, including machinery, vehicles, electrical equipment, mineral fuels, pharmaceutical products, and food products.

    The top countries that Honduras imports from are the United States, China, Mexico, Guatemala, and El Salvador.

    Honduras' import data for 2022 may vary from previous years depending on the economic situation and trade agreements with other countries. It has shown an increase of 45% in 2022 as compared to the previous year.

    Import data has a significant impact on Honduras' economy as it affects the country's trade balance, employment, and overall economic growth. High import levels can indicate strong consumer demand and a growing economy, but it can also lead to a trade deficit and dependency on foreign goods.

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