2023
Exports
$302MWorld Rnk 10 / 163
Flag Rnk 7 / 960
2023
PRODUCT COMPLEXITY IN Bananas
-1.96Rnk 995 / 1025
2023
Imports
$27.4MWorld Rnk 56 / 203
Flag Rnk 113 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $302M in Bananas, making it the 10th largest exporter of Bananas in the world. At the same year, Bananas was the 7th most exported product in Honduras. The main destination of Bananas exports from Honduras are: United States ($261M), Canada ($36.9M), Ireland ($1.73M), Netherlands ($846k), and Ukraine ($815k).

The fastest growing export markets for Bananas of Honduras between 2022 and 2023 were Ireland ($1.71M), Netherlands ($837k), and Ukraine ($804k).

Imports In 2023, Honduras imported $27.4M in Bananas, becoming the 56th largest importer of Bananas in the world. At the same year, Bananas was the 113th most imported product in Honduras. Honduras imports Bananas primarily from: Nicaragua ($18.5M), Guatemala ($8.21M), Costa Rica ($701k), United Kingdom ($24.5k), and United States ($14.1k).

The fastest growing import markets in Bananas for Honduras between 2022 and 2023 were Nicaragua ($6.41M), Guatemala ($3.11M), and Costa Rica ($406k).

COMPANIES In 2024, leading companies such as Dole Fresh Fruit (736), Fyffes (57), and Chiquita (36) were at the forefront of shipping Bananas from Honduras to the United States.

Latest Trends

Dec 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 Bananas. 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 (2023)$302M
IMPORTS (2023)$27.4M
NET TRADE (2023)$274M

In 2023, Honduras exported $302M in Bananas. The main destinations of Honduras exports on Bananas were United States ($261M), Canada ($36.9M), Ireland ($1.73M), Netherlands ($846k), and Ukraine ($815k).

In 2023, Honduras imported $27.4M in Bananas, mainly from Nicaragua ($18.5M), Guatemala ($8.21M), Costa Rica ($701k), United Kingdom ($24.5k), and United States ($14.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
Ireland$1.71M (10.4k%)
Netherlands$837k (9.49k%)
Ukraine$804k (7.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Honduras WERE (2022 - 2023):
United States-$17.5M (-6.3%)
Canada-$1.41M (-3.68%)
United Kingdom-$488k (-99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Bananas were:
In 2023, Honduras's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $4.09M
TOP IMPORT POTENTIALGuatemala+ $2.42M

Bananas’s highest export potential is Canada. With an export gap of $4.09M.   Bananas’s highest import potential is Guatemala with an import gap of $2.42M.

See methodology.

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