2022
Exports
$1.2kWorld Rnk 126 / 146
Flag Rnk 749 / 884
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$3.3MWorld Rnk 94 / 218
Flag Rnk 403 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $1.2k in Pure Olive Oil, making it the 126th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 749th most exported product in Honduras. The main destination of Pure Olive Oil exports from Honduras are: Guatemala ($1.2k).

The fastest growing export markets for Pure Olive Oil of Honduras between N/A and 2022 were Guatemala ($1.2k).

Imports In 2022, Honduras imported $3.3M in Pure Olive Oil, becoming the 94th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 403rd most imported product in Honduras. Honduras imports Pure Olive Oil primarily from: Spain ($1.95M), United States ($756k), Italy ($386k), Guatemala ($82.1k), and Costa Rica ($69.7k).

The fastest growing import markets in Pure Olive Oil for Honduras between 2021 and 2022 were Spain ($889k) and Italy ($56k).

COMPANIES In 2023, leading companies such as Goya Foods (8) and EDT (Export, Development & Trade) (2) were at the forefront of shipping Pure Olive Oil 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 Pure Olive Oil. 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)$1.2k
IMPORTS (2022)$3.3M
NET TRADE (2022)-$3.3M

In 2022, Honduras exported $1.2k in Pure Olive Oil. The main destinations of Honduras exports on Pure Olive Oil were Guatemala ($1.2k).

In 2022, Honduras imported $3.3M in Pure Olive Oil, mainly from Spain ($1.95M), United States ($756k), Italy ($386k), Guatemala ($82.1k), and Costa Rica ($69.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Honduras WERE (N/A - 2022):Guatemala$1.2k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Honduras's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $1.19k
TOP IMPORT POTENTIALItaly+ $199k

Pure Olive Oil’s highest export potential is Guatemala. With an export gap of $1.19k.   Pure Olive Oil’s highest import potential is Italy with an import gap of $199k.

See methodology.

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