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How dependent is Honduras on China?

In 2024, China sold $2.6 billion to Honduras, 15.5% of its imports, ranking 2nd among its suppliers. Its share was 12.9% in 2019 and 1.5% in 1995. In 129 products it sells more than 50% of what Honduras buys of them (in 35, more than 75%); what Honduras buys from China in those products (dominated value) adds up to $1.4 billion, 8% of its imports.

Summary

Share of its imports
15.5%
Value imported
$2.6billion
Rank among its suppliers
2nd
Products where it sells over 50%
129
Products where it sells over 75%
35
Dominated value
$1.4billion
Share of total imports
8%

Trend

Trend in shares

China went from 1.5% to 15.5% of what Honduras buys

Share (%)

  • China 15.5%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
1995321.5%14
1996301.3%13
1997371.3%13
1998551.7%9
1999611.8%11
2000591.6%11
2001651.8%10
2002481.3%16
2003781.8%12
20041142.2%10
20051392.4%8
20062013.2%6
20072993.7%5
20083233.6%5
20093044.3%5
20105516.4%3
20117126.6%3
20128598.1%2
20137997.5%2
20141,01810.2%2
20151,32913%2
20161,18512.5%2
20171,32312.6%2
20181,53613.4%2
20191,51912.9%2
20201,34313.8%2
20212,10414.6%2
20221,5609.7%3
20232,40614.3%2
20242,62515.5%2

Products where China sells more than half

ProductSupplierShareSecondValue
Coated flat steelChina87.2%over 75%El Salvador · 4.8%$208 million
Cameras and broadcast equipmentChina56.5%Vietnam · 26.1%$146 million
MotorcyclesChina55.4%India · 36.7%$117 million
New tiresChina68.5%Thailand · 5.4%$69 million
Air conditionersChina87.5%over 75%United States · 4.2%$62 million
Transformers and power suppliesChina56.8%Mexico · 13.7%$45 million
Rubber and plastic footwearChina76.7%over 75%Vietnam · 8.1%$34 million
Lamps and light fittingsChina79.7%over 75%United States · 5.7%$27 million
ToysChina73.1%United States · 11.4%$27 million
Air pumps, compressors and fansChina52.7%United States · 15.3%$27 million
Electric heaters and hair dryersChina52%United States · 18.8%$24 million
Bags, suitcases and casesChina77.1%over 75%United States · 5.3%$24 million
Women's suits and dressesChina60.5%Bangladesh · 6.8%$19 million
Steam boilersChina77.6%over 75%Malaysia · 9.2%$19 million
Other electrical devicesChina76.9%over 75%United States · 3.9%$16 million
Steel wire rodChina91.9%over 75%United Arab Emirates · 7.9%$16 million
Other iron or steel articlesChina60.9%United States · 7.7%$14 million
Vacuum cleanersChina82.5%over 75%United States · 6.7%$14 million
Motorcycle and bicycle partsChina69.9%India · 17%$13 million
Hot-rolled flat steelChina52.9%Japan · 19.8%$13 million
Textile footwearChina64.9%Vietnam · 17.6%$13 million
Metal hardware and fittingsChina69.4%Spain · 6%$13 million
Men's suits and trousersChina61.8%Bangladesh · 11%$12 million
Festive and Christmas articlesChina83.2%over 75%Colombia · 6.1%$12 million
Diodes, transistors and solar cellsChina66.5%South Korea · 24.8%$12 million
Radio receiversChina86.7%over 75%Vietnam · 5.7%$12 million
Padlocks, locks and keysChina73.9%Mexico · 11.5%$12 million
Sports equipmentChina67.7%United States · 10.9%$11 million
Microphones and speakersChina61.4%Vietnam · 15.7%$11 million
Phones and telecom equipmentChina78%over 75%United States · 4%$11 million

and 99 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Honduras is China’s 101st-largest customer, with 0.07% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.