2022
Exports
$314MWorld Rnk 8 / 161
Flag Rnk 6 / 884
2022
PRODUCT COMPLEXITY IN Bananas
-1.99Rnk 1001 / 1025
2022
Imports
$17.7MWorld Rnk 62 / 196
Flag Rnk 155 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $314M in Bananas, making it the 8th largest exporter of Bananas in the world. At the same year, Bananas was the 6th most exported product in Honduras. The main destination of Bananas exports from Honduras are: United States ($278M), Canada ($34.2M), El Salvador ($474k), United Kingdom ($432k), and Poland ($319k).

The fastest growing export markets for Bananas of Honduras between 2021 and 2022 were United States ($133M), Canada ($23.3M), and United Kingdom ($432k).

Imports In 2022, Honduras imported $17.7M in Bananas, becoming the 62nd largest importer of Bananas in the world. At the same year, Bananas was the 155th most imported product in Honduras. Honduras imports Bananas primarily from: Nicaragua ($12.1M), Guatemala ($5.1M), Costa Rica ($295k), United States ($188k), and United Kingdom ($18.3k).

The fastest growing import markets in Bananas for Honduras between 2021 and 2022 were Guatemala ($978k), Nicaragua ($385k), and United States ($121k).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (1.08k), Fyffes (99), and Chiquita (48) were at the forefront of shipping Bananas from Honduras to the United States.

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 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 (2022)$314M
IMPORTS (2022)$17.7M
NET TRADE (2022)$296M

In 2022, Honduras exported $314M in Bananas. The main destinations of Honduras exports on Bananas were United States ($278M), Canada ($34.2M), El Salvador ($474k), United Kingdom ($432k), and Poland ($319k).

In 2022, Honduras imported $17.7M in Bananas, mainly from Nicaragua ($12.1M), Guatemala ($5.1M), Costa Rica ($295k), United States ($188k), and United Kingdom ($18.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$133M (92.1%)
Canada$23.3M (212%)
United Kingdom$432k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Honduras WERE (2021 - 2022):
Ukraine-$1.49M (-99.3%)
Netherlands-$211k (-96.5%)
Czechia-$126k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Bananas were:
In 2022, 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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