2023
Exports
$15.2kWorld Rnk 104 / 149
Flag Rnk 668 / 960
2023
PRODUCT COMPLEXITY IN Root Vegetables
-0.65Rnk 746 / 1025
2023
Imports
$2.03MWorld Rnk 71 / 210
Flag Rnk 514 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $15.2k in Root Vegetables, making it the 104th largest exporter of Root Vegetables in the world. At the same year, Root Vegetables was the 668th most exported product in Honduras. The main destination of Root Vegetables exports from Honduras are: Nicaragua ($7.5k), Canada ($5.11k), Iceland ($845), Spain ($652), and Germany ($471).

The fastest growing export markets for Root Vegetables of Honduras between 2022 and 2023 were Nicaragua ($7.5k), Canada ($5.11k), and Iceland ($845).

Imports In 2023, Honduras imported $2.03M in Root Vegetables, becoming the 71st largest importer of Root Vegetables in the world. At the same year, Root Vegetables was the 514th most imported product in Honduras. Honduras imports Root Vegetables primarily from: Mexico ($1.19M), Guatemala ($760k), Costa Rica ($66.8k), and United States ($7k).

The fastest growing import markets in Root Vegetables for Honduras between 2022 and 2023 were Mexico ($791k), Costa Rica ($66.8k), and United States ($7k).

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 Root Vegetables. 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)$15.2k
IMPORTS (2023)$2.03M
NET TRADE (2023)-$2.01M

In 2023, Honduras exported $15.2k in Root Vegetables. The main destinations of Honduras exports on Root Vegetables were Nicaragua ($7.5k), Canada ($5.11k), Iceland ($845), Spain ($652), and Germany ($471).

In 2023, Honduras imported $2.03M in Root Vegetables, mainly from Mexico ($1.19M), Guatemala ($760k), Costa Rica ($66.8k), and United States ($7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Root Vegetables EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
Nicaragua$7.5k (1%)
Canada$5.11k (1%)
Iceland$845 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Root Vegetables BY Honduras WERE (2022 - 2023):
Guatemala-$228k (-100%)
Ireland-$2.94k (-100%)
Maldives-$1.01k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Root Vegetables were:
In 2023, Honduras's main importing competitors in Root Vegetables were:

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Trade Value of Root Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.21k
TOP IMPORT POTENTIALMexico+ $89.9k

Root Vegetables’s highest export potential is Germany. With an export gap of $5.21k.   Root Vegetables’s highest import potential is Mexico with an import gap of $89.9k.

See methodology.

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