2023
Exports
$24.2kWorld Rnk 88 / 146
Flag Rnk 623 / 960
2023
PRODUCT COMPLEXITY IN Cinnamon
-1.81Rnk 982 / 1025
2023
Imports
$2.61MWorld Rnk 54 / 212
Flag Rnk 480 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $24.2k in Cinnamon, making it the 88th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 623rd most exported product in Honduras. The main destination of Cinnamon exports from Honduras are: Nicaragua ($18k), United States ($5.96k), and Switzerland ($169).

The fastest growing export markets for Cinnamon of Honduras between 2022 and 2023 were Nicaragua ($16.5k) and Switzerland ($147).

Imports In 2023, Honduras imported $2.61M in Cinnamon, becoming the 54th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 480th most imported product in Honduras. Honduras imports Cinnamon primarily from: N/A.

The fastest growing import markets in Cinnamon for Honduras between 2022 and 2023 were United States ($223k), Guatemala ($125k), and Sri Lanka ($123k).

Latest Trends

Jan 2025

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 (2023)$24.2k
IMPORTS (2023)$2.61M
NET TRADE (2023)-$2.58M

In 2023, Honduras exported $24.2k in Cinnamon. The main destinations of Honduras exports on Cinnamon were Nicaragua ($18k), United States ($5.96k), and Switzerland ($169).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
Nicaragua$16.5k (1.09k%)
Switzerland$147 (668%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Honduras WERE (2022 - 2023):
United States-$15k (-71.6%)
Guatemala-$8.08k (-100%)
Denmark-$1 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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