2023
Exports
$317MWorld Rnk 16 / 163
Flag Rnk 6 / 960
2023
PRODUCT COMPLEXITY IN Crustaceans
-1.94Rnk 993 / 1025
2023
Imports
$1.61MWorld Rnk 108 / 216
Flag Rnk 550 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $317M in Crustaceans, making it the 16th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 6th most exported product in Honduras. The main destination of Crustaceans exports from Honduras are: Chinese Taipei ($97.6M), Mexico ($65.7M), United States ($52.7M), United Kingdom ($41.6M), and France ($14.8M).

The fastest growing export markets for Crustaceans of Honduras between 2022 and 2023 were Mexico ($56.6M), United Kingdom ($7.21M), and Costa Rica ($4.1M).

Imports In 2023, Honduras imported $1.61M in Crustaceans, becoming the 108th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 550th most imported product in Honduras. Honduras imports Crustaceans primarily from: Nicaragua ($967k), China ($327k), United States ($116k), Indonesia ($99.6k), and Thailand ($25.9k).

The fastest growing import markets in Crustaceans for Honduras between 2022 and 2023 were China ($327k), Indonesia ($99.6k), and Thailand ($25.9k).

COMPANIES In 2024, leading companies such as Halyard Health (2) and Dole Fresh Fruit (2) were at the forefront of shipping Crustaceans 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 Crustaceans. 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)$317M
IMPORTS (2023)$1.61M
NET TRADE (2023)$315M

In 2023, Honduras exported $317M in Crustaceans. The main destinations of Honduras exports on Crustaceans were Chinese Taipei ($97.6M), Mexico ($65.7M), United States ($52.7M), United Kingdom ($41.6M), and France ($14.8M).

In 2023, Honduras imported $1.61M in Crustaceans, mainly from Nicaragua ($967k), China ($327k), United States ($116k), Indonesia ($99.6k), and Thailand ($25.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
Mexico$56.6M (626%)
United Kingdom$7.21M (20.9%)
Costa Rica$4.1M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Honduras WERE (2022 - 2023):
Netherlands-$14.3M (-82.8%)
Chinese Taipei-$13.9M (-12.4%)
United States-$9.2M (-14.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Crustaceans were:
Ecuador $6.88B
India $4.56B
Canada $2.96B
In 2023, Honduras's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $35.2M
TOP IMPORT POTENTIALNicaragua+ $308k

Crustaceans’s highest export potential is United States. With an export gap of $35.2M.   Crustaceans’s highest import potential is Nicaragua with an import gap of $308k.

See methodology.

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