2022
Exports
$279MWorld Rnk 19 / 169
Flag Rnk 7 / 884
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$1.53MWorld Rnk 112 / 217
Flag Rnk 519 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $279M in Crustaceans, making it the 19th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 7th most exported product in Honduras. The main destination of Crustaceans exports from Honduras are: Chinese Taipei ($111M), United States ($61.9M), United Kingdom ($33.7M), France ($19.6M), and Netherlands ($16.9M).

The fastest growing export markets for Crustaceans of Honduras between 2021 and 2022 were Chinese Taipei ($43.8M), France ($4.94M), and Japan ($1.39M).

Imports In 2022, Honduras imported $1.53M in Crustaceans, becoming the 112th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 519th most imported product in Honduras. Honduras imports Crustaceans primarily from: Nicaragua ($1.37M) and United States ($164k).

The fastest growing import markets in Crustaceans for Honduras between 2021 and 2022 were Nicaragua ($1.02M) and United States ($61.9k).

COMPANIES In 2023, leading companies such as Halyard Health (11), Dole Fresh Fruit (2), and JBS Foods (1) were at the forefront of shipping Crustaceans from Honduras to the United States.

Latest Trends

Oct 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 (2022)$279M
IMPORTS (2022)$1.53M
NET TRADE (2022)$278M

In 2022, Honduras exported $279M in Crustaceans. The main destinations of Honduras exports on Crustaceans were Chinese Taipei ($111M), United States ($61.9M), United Kingdom ($33.7M), France ($19.6M), and Netherlands ($16.9M).

In 2022, Honduras imported $1.53M in Crustaceans, mainly from Nicaragua ($1.37M) and United States ($164k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Chinese Taipei$43.8M (64.8%)
France$4.94M (33.6%)
Japan$1.39M (45.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Honduras WERE (2021 - 2022):
Mexico-$38.7M (-81.1%)
United States-$18.3M (-22.8%)
Germany-$15.1M (-80.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, 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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