2022
Exports
$16.9MWorld Rnk 14 / 163
Flag Rnk 80 / 884
2022
PRODUCT COMPLEXITY IN Cassava
-2.21Rnk 1008 / 1025
2022
Imports
$1.17MWorld Rnk 58 / 202
Flag Rnk 564 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $16.9M in Cassava, making it the 14th largest exporter of Cassava in the world. At the same year, Cassava was the 80th most exported product in Honduras. The main destination of Cassava exports from Honduras are: United Kingdom ($6.75M), United States ($5M), Netherlands ($2.81M), Canada ($1.05M), and France ($389k).

The fastest growing export markets for Cassava of Honduras between 2021 and 2022 were United States ($4.38M), United Kingdom ($4.22M), and Germany ($90.3k).

Imports In 2022, Honduras imported $1.17M in Cassava, becoming the 58th largest importer of Cassava in the world. At the same year, Cassava was the 564th most imported product in Honduras. Honduras imports Cassava primarily from: Nicaragua ($1.02M), Guatemala ($122k), Costa Rica ($17.3k), El Salvador ($11.5k), and United Kingdom ($272).

The fastest growing import markets in Cassava for Honduras between 2021 and 2022 were Nicaragua ($712k), El Salvador ($11.5k), and United Kingdom ($272).

COMPANIES In 2023, leading companies such as Goya Foods (76) were at the forefront of shipping Cassava 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 Cassava. 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)$16.9M
IMPORTS (2022)$1.17M
NET TRADE (2022)$15.7M

In 2022, Honduras exported $16.9M in Cassava. The main destinations of Honduras exports on Cassava were United Kingdom ($6.75M), United States ($5M), Netherlands ($2.81M), Canada ($1.05M), and France ($389k).

In 2022, Honduras imported $1.17M in Cassava, mainly from Nicaragua ($1.02M), Guatemala ($122k), Costa Rica ($17.3k), El Salvador ($11.5k), and United Kingdom ($272).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cassava EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$4.38M (706%)
United Kingdom$4.22M (167%)
Germany$90.3k (95.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cassava BY Honduras WERE (2021 - 2022):
Netherlands-$2.18M (-43.7%)
France-$1.3M (-77%)
Curaçao-$1.08M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cassava by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.72M
TOP IMPORT POTENTIALCosta Rica+ $28.4k

Cassava’s highest export potential is United States. With an export gap of $1.72M.   Cassava’s highest import potential is Costa Rica with an import gap of $28.4k.

See methodology.

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