2022
Exports
$10.8MWorld Rnk 23 / 171
Flag Rnk 96 / 884
2022
PRODUCT COMPLEXITY IN Cereal Flours
-1.31Rnk 913 / 1025
2022
Imports
$26.9MWorld Rnk 13 / 218
Flag Rnk 106 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $10.8M in Cereal Flours, making it the 23rd largest exporter of Cereal Flours in the world. At the same year, Cereal Flours was the 96th most exported product in Honduras. The main destination of Cereal Flours exports from Honduras are: El Salvador ($8.54M), Nicaragua ($2.14M), Guatemala ($67.3k), Spain ($10.8k), and United States ($9.61k).

The fastest growing export markets for Cereal Flours of Honduras between 2021 and 2022 were El Salvador ($1.43M) and Guatemala ($18.5k).

Imports In 2022, Honduras imported $26.9M in Cereal Flours, becoming the 13th largest importer of Cereal Flours in the world. At the same year, Cereal Flours was the 106th most imported product in Honduras. Honduras imports Cereal Flours primarily from: El Salvador ($21M), Costa Rica ($3.93M), Guatemala ($1.83M), United States ($137k), and Dominican Republic ($25.2k).

The fastest growing import markets in Cereal Flours for Honduras between 2021 and 2022 were El Salvador ($4.76M), Costa Rica ($2.95M), and United States ($59.7k).

COMPANIES In 2023, leading companies such as Goya Foods (2) were at the forefront of shipping Cereal Flours from Honduras to the United States.

Latest Trends

Jul 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 Cereal Flours. 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)$10.8M
IMPORTS (2022)$26.9M
NET TRADE (2022)-$16.1M

In 2022, Honduras exported $10.8M in Cereal Flours. The main destinations of Honduras exports on Cereal Flours were El Salvador ($8.54M), Nicaragua ($2.14M), Guatemala ($67.3k), Spain ($10.8k), and United States ($9.61k).

In 2022, Honduras imported $26.9M in Cereal Flours, mainly from El Salvador ($21M), Costa Rica ($3.93M), Guatemala ($1.83M), United States ($137k), and Dominican Republic ($25.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Flours EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
El Salvador$1.43M (20.1%)
Guatemala$18.5k (38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Flours BY Honduras WERE (2021 - 2022):
Nicaragua-$1.12M (-34.2%)
United States-$47.3k (-83.1%)
Spain-$16.1k (-59.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Cereal Flours were:
In 2022, Honduras's main importing competitors in Cereal Flours were:

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Trade Value of Cereal Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $119k
TOP IMPORT POTENTIALUnited States+ $159k

Cereal Flours’s highest export potential is Guatemala. With an export gap of $119k.   Cereal Flours’s highest import potential is United States with an import gap of $159k.

See methodology.

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