2023
Exports
$18.1MWorld Rnk 17 / 163
Flag Rnk 80 / 960
2023
PRODUCT COMPLEXITY IN Cassava
-2.06Rnk 1004 / 1025
2023
Imports
$1.43MWorld Rnk 57 / 207
Flag Rnk 567 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $18.1M in Cassava, making it the 17th largest exporter of Cassava in the world. At the same year, Cassava was the 80th most exported product in Honduras. The main destination of Cassava exports from Honduras are: United States ($12.8M), Netherlands ($2.25M), United Kingdom ($1.2M), Canada ($819k), and Norway ($193k).

The fastest growing export markets for Cassava of Honduras between 2022 and 2023 were United States ($7.85M), Belgium ($84.3k), and Norway ($74.7k).

Imports In 2023, Honduras imported $1.43M in Cassava, becoming the 57th largest importer of Cassava in the world. At the same year, Cassava was the 567th most imported product in Honduras. Honduras imports Cassava primarily from: Nicaragua ($1.29M), Guatemala ($76.5k), Costa Rica ($39k), United States ($25.1k), and South Africa ($454).

The fastest growing import markets in Cassava for Honduras between 2022 and 2023 were Nicaragua ($266k), United States ($25.1k), and Costa Rica ($21.7k).

COMPANIES In 2024, leading companies such as Goya Foods (42) were at the forefront of shipping Cassava from Honduras to the United States.

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 Cassava. 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)$18.1M
IMPORTS (2023)$1.43M
NET TRADE (2023)$16.7M

In 2023, Honduras exported $18.1M in Cassava. The main destinations of Honduras exports on Cassava were United States ($12.8M), Netherlands ($2.25M), United Kingdom ($1.2M), Canada ($819k), and Norway ($193k).

In 2023, Honduras imported $1.43M in Cassava, mainly from Nicaragua ($1.29M), Guatemala ($76.5k), Costa Rica ($39k), United States ($25.1k), and South Africa ($454).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cassava EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
United States$7.85M (157%)
Belgium$84.3k (1%)
Norway$74.7k (63.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cassava BY Honduras WERE (2022 - 2023):
United Kingdom-$6.25M (-83.9%)
Netherlands-$863k (-27.7%)
Canada-$332k (-28.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Cassava by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.72M
TOP IMPORT POTENTIALCosta Rica+ $28.4k

Cassava’s highest export potential is United States. With an export gap of $1.72M.   Cassava’s highest import potential is Costa Rica with an import gap of $28.4k.

See methodology.

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