2022
Exports
$30.5kWorld Rnk 85 / 147
Flag Rnk 514 / 884
2022
PRODUCT COMPLEXITY IN Cinnamon
-1.8Rnk 982 / 1025
2022
Imports
$2.12MWorld Rnk 59 / 211
Flag Rnk 468 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $30.5k in Cinnamon, making it the 85th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 514th most exported product in Honduras. The main destination of Cinnamon exports from Honduras are: United States ($21k), Guatemala ($7.93k), Nicaragua ($1.51k), Switzerland ($22), and Denmark ($1).

The fastest growing export markets for Cinnamon of Honduras between 2021 and 2022 were United States ($16.5k), Guatemala ($7.93k), and Switzerland ($22).

Imports In 2022, Honduras imported $2.12M in Cinnamon, becoming the 59th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 468th most imported product in Honduras. Honduras imports Cinnamon primarily from: Sri Lanka ($1.95M), Guatemala ($123k), United States ($39.2k), El Salvador ($10.5k), and Nicaragua ($2.06k).

The fastest growing import markets in Cinnamon for Honduras between 2021 and 2022 were Guatemala ($12.9k) and El Salvador ($6.55k).

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 Cinnamon. 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)$30.5k
IMPORTS (2022)$2.12M
NET TRADE (2022)-$2.09M

In 2022, Honduras exported $30.5k in Cinnamon. The main destinations of Honduras exports on Cinnamon were United States ($21k), Guatemala ($7.93k), Nicaragua ($1.51k), Switzerland ($22), and Denmark ($1).

In 2022, Honduras imported $2.12M in Cinnamon, mainly from Sri Lanka ($1.95M), Guatemala ($123k), United States ($39.2k), El Salvador ($10.5k), and Nicaragua ($2.06k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$16.5k (363%)
Guatemala$7.93k (1%)
Switzerland$22 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Honduras WERE (2021 - 2022):
Cayman Islands-$590 (-100%)
Nicaragua-$297 (-16.5%)
Costa Rica-$4 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.9k
TOP IMPORT POTENTIALUnited States+ $2.11k

Cinnamon’s highest export potential is United States. With an export gap of $24.9k.   Cinnamon’s highest import potential is United States with an import gap of $2.11k.

See methodology.

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