2022
Exports
$484kWorld Rnk 94 / 197
Flag Rnk 265 / 884
2022
PRODUCT COMPLEXITY IN Tea
-1.99Rnk 1002 / 1025
2022
Imports
$286kWorld Rnk 177 / 223
Flag Rnk 767 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $484k in Tea, making it the 94th largest exporter of Tea in the world. At the same year, Tea was the 265th most exported product in Honduras. The main destination of Tea exports from Honduras are: Guatemala ($480k), United States ($2.61k), Bahamas ($841), Canada ($287), and Sweden ($94).

The fastest growing export markets for Tea of Honduras between 2021 and 2022 were United States ($1.76k), Bahamas ($841), and Canada ($287).

Imports In 2022, Honduras imported $286k in Tea, becoming the 177th largest importer of Tea in the world. At the same year, Tea was the 767th most imported product in Honduras. Honduras imports Tea primarily from: United States ($153k), El Salvador ($51.3k), Costa Rica ($38.6k), Chile ($37k), and Colombia ($4.05k).

The fastest growing import markets in Tea for Honduras between 2021 and 2022 were El Salvador ($13.6k), Costa Rica ($12.4k), and Turkey ($53).

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 Tea. 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)$484k
IMPORTS (2022)$286k
NET TRADE (2022)$198k

In 2022, Honduras exported $484k in Tea. The main destinations of Honduras exports on Tea were Guatemala ($480k), United States ($2.61k), Bahamas ($841), Canada ($287), and Sweden ($94).

In 2022, Honduras imported $286k in Tea, mainly from United States ($153k), El Salvador ($51.3k), Costa Rica ($38.6k), Chile ($37k), and Colombia ($4.05k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$1.76k (206%)
Bahamas$841 (1%)
Canada$287 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Honduras WERE (2021 - 2022):
Guatemala-$99k (-17.1%)
Sweden-$131 (-58.2%)
Cayman Islands-$77 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, Honduras's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.8k
TOP IMPORT POTENTIALColombia+ $3.21k

Tea’s highest export potential is United States. With an export gap of $17.8k.   Tea’s highest import potential is Colombia with an import gap of $3.21k.

See methodology.

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