2022
Exports
$2.98MWorld Rnk 39 / 125
Flag Rnk 154 / 884
2022
PRODUCT COMPLEXITY IN Cocoa Beans
-2.82Rnk 1025 / 1025
2022
Imports
$23.8kWorld Rnk 85 / 159
Flag Rnk 975 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $2.98M in Cocoa Beans, making it the 39th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 154th most exported product in Honduras. The main destination of Cocoa Beans exports from Honduras are: Switzerland ($1.62M), Costa Rica ($937k), United Kingdom ($157k), El Salvador ($88.7k), and Guatemala ($68k).

The fastest growing export markets for Cocoa Beans of Honduras between 2021 and 2022 were Costa Rica ($918k), Switzerland ($638k), and United Kingdom ($157k).

Imports In 2022, Honduras imported $23.8k in Cocoa Beans, becoming the 85th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 975th most imported product in Honduras. Honduras imports Cocoa Beans primarily from: Guatemala ($17k) and Nicaragua ($6.78k).

The fastest growing import markets in Cocoa Beans for Honduras between 2021 and 2022 were Guatemala ($13.8k) and Nicaragua ($3.92k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.98M
IMPORTS (2022)$23.8k
NET TRADE (2022)$2.95M

In 2022, Honduras exported $2.98M in Cocoa Beans. The main destinations of Honduras exports on Cocoa Beans were Switzerland ($1.62M), Costa Rica ($937k), United Kingdom ($157k), El Salvador ($88.7k), and Guatemala ($68k).

In 2022, Honduras imported $23.8k in Cocoa Beans, mainly from Guatemala ($17k) and Nicaragua ($6.78k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Costa Rica$918k (5.06k%)
Switzerland$638k (64.7%)
United Kingdom$157k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Honduras WERE (2021 - 2022):
Netherlands-$76k (-81.2%)
Australia-$21k (-100%)
Guatemala-$20.4k (-23.1%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $154k
TOP IMPORT POTENTIALNicaragua+ $6.1k

Cocoa Beans’s highest export potential is United Kingdom. With an export gap of $154k.   Cocoa Beans’s highest import potential is Nicaragua with an import gap of $6.1k.

See methodology.

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