2022
Exports
$59.5MWorld Rnk 14 / 154
Flag Rnk 32 / 884
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$5.07MWorld Rnk 71 / 212
Flag Rnk 320 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $59.5M in Coconut Oil, making it the 14th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 32nd most exported product in Honduras. The main destination of Coconut Oil exports from Honduras are: Netherlands ($19.1M), Italy ($16.1M), Germany ($11.7M), Spain ($7.39M), and Mexico ($3.47M).

The fastest growing export markets for Coconut Oil of Honduras between 2021 and 2022 were Germany ($10.4M), Italy ($10.2M), and Spain ($6.81M).

Imports In 2022, Honduras imported $5.07M in Coconut Oil, becoming the 71st largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 320th most imported product in Honduras. Honduras imports Coconut Oil primarily from: Nicaragua ($4.86M), United States ($207k), Guatemala ($6.27k), and India ($1.78k).

The fastest growing import markets in Coconut Oil for Honduras between 2021 and 2022 were Nicaragua ($2.55M).

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 Coconut Oil. 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)$59.5M
IMPORTS (2022)$5.07M
NET TRADE (2022)$54.4M

In 2022, Honduras exported $59.5M in Coconut Oil. The main destinations of Honduras exports on Coconut Oil were Netherlands ($19.1M), Italy ($16.1M), Germany ($11.7M), Spain ($7.39M), and Mexico ($3.47M).

In 2022, Honduras imported $5.07M in Coconut Oil, mainly from Nicaragua ($4.86M), United States ($207k), Guatemala ($6.27k), and India ($1.78k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Germany$10.4M (823%)
Italy$10.2M (174%)
Spain$6.81M (1.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Honduras WERE (2021 - 2022):
Switzerland-$10M (-100%)
Netherlands-$7.76M (-28.9%)
United States-$3.09M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $3.48M
TOP IMPORT POTENTIALUnited States+ $80.7k

Coconut Oil’s highest export potential is Netherlands. With an export gap of $3.48M.   Coconut Oil’s highest import potential is United States with an import gap of $80.7k.

See methodology.

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