2022
Exports
$18.8MWorld Rnk 91 / 217
Flag Rnk 77 / 884
falsefalse Nicaragua
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$223MWorld Rnk 104 / 224
Flag Rnk 10 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $18.8M in Packaged Medicaments, making it the 91st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 77th most exported product in Honduras. The main destination of Packaged Medicaments exports from Honduras are: Nicaragua ($8.43M), Costa Rica ($3.48M), El Salvador ($2.8M), Guatemala ($2.45M), and United States ($640k).

Imports In 2022, Honduras imported $223M in Packaged Medicaments, becoming the 104th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 10th most imported product in Honduras. Honduras imports Packaged Medicaments primarily from: Guatemala ($85.4M), El Salvador ($34.8M), India ($25.7M), Costa Rica ($17.9M), and Mexico ($16.7M).

The fastest growing import markets in Packaged Medicaments for Honduras between 2021 and 2022 were Guatemala ($9.82M), Costa Rica ($3.48M), and Dominican Republic ($737k).

Latest Trends

Aug 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 Packaged Medicaments. 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)$18.8M
IMPORTS (2022)$223M
NET TRADE (2022)-$204M

In 2022, Honduras exported $18.8M in Packaged Medicaments. The main destinations of Honduras exports on Packaged Medicaments were Nicaragua ($8.43M), Costa Rica ($3.48M), El Salvador ($2.8M), Guatemala ($2.45M), and United States ($640k).

In 2022, Honduras imported $223M in Packaged Medicaments, mainly from Guatemala ($85.4M), El Salvador ($34.8M), India ($25.7M), Costa Rica ($17.9M), and Mexico ($16.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGuatemala+ $1.82M
TOP IMPORT POTENTIALIndia+ $13.3M

Packaged Medicaments’s highest export potential is Guatemala. With an export gap of $1.82M.   Packaged Medicaments’s highest import potential is India with an import gap of $13.3M.

See methodology.

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