2022
Exports
$1.52MWorld Rnk 99 / 173
Flag Rnk 192 / 884
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.33Rnk 1015 / 1025
2022
Imports
$8.35MWorld Rnk 73 / 217
Flag Rnk 251 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $1.52M in Other Oily Seeds, making it the 99th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 192nd most exported product in Honduras. The main destination of Other Oily Seeds exports from Honduras are: Japan ($757k), United States ($465k), Canada ($178k), El Salvador ($88.8k), and Guatemala ($19.8k).

The fastest growing export markets for Other Oily Seeds of Honduras between 2021 and 2022 were Canada ($95.2k), Guatemala ($19.8k), and United States ($14.8k).

Imports In 2022, Honduras imported $8.35M in Other Oily Seeds, becoming the 73rd largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 251st most imported product in Honduras. Honduras imports Other Oily Seeds primarily from: United States ($3.61M), Netherlands ($1.94M), Costa Rica ($1.11M), Colombia ($864k), and Guatemala ($414k).

The fastest growing import markets in Other Oily Seeds for Honduras between 2021 and 2022 were United States ($795k), Costa Rica ($490k), and Indonesia ($194k).

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 Other Oily Seeds. 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)$1.52M
IMPORTS (2022)$8.35M
NET TRADE (2022)-$6.83M

In 2022, Honduras exported $1.52M in Other Oily Seeds. The main destinations of Honduras exports on Other Oily Seeds were Japan ($757k), United States ($465k), Canada ($178k), El Salvador ($88.8k), and Guatemala ($19.8k).

In 2022, Honduras imported $8.35M in Other Oily Seeds, mainly from United States ($3.61M), Netherlands ($1.94M), Costa Rica ($1.11M), Colombia ($864k), and Guatemala ($414k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Canada$95.2k (115%)
Guatemala$19.8k (1%)
United States$14.8k (3.29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Honduras WERE (2021 - 2022):
Japan-$153k (-16.8%)
Honduras-$119k (-100%)
Nicaragua-$69.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Honduras's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $436k
TOP IMPORT POTENTIALGuatemala+ $278k

Other Oily Seeds’s highest export potential is United States. With an export gap of $436k.   Other Oily Seeds’s highest import potential is Guatemala with an import gap of $278k.

See methodology.

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