2022
Exports
$455kWorld Rnk 93 / 186
Flag Rnk 270 / 884
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts
-0.5Rnk 703 / 1025
2022
Imports
$6.73MWorld Rnk 112 / 221
Flag Rnk 285 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $455k in Coffee and Tea Extracts, making it the 93rd largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 270th most exported product in Honduras. The main destination of Coffee and Tea Extracts exports from Honduras are: Ireland ($420k), United States ($25k), Senegal ($4.83k), Guatemala ($2.92k), and Nicaragua ($685).

The fastest growing export markets for Coffee and Tea Extracts of Honduras between 2021 and 2022 were Ireland ($181k), Senegal ($3.55k), and Nicaragua ($685).

Imports In 2022, Honduras imported $6.73M in Coffee and Tea Extracts, becoming the 112th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 285th most imported product in Honduras. Honduras imports Coffee and Tea Extracts primarily from: Netherlands ($4.34M), United States ($758k), Colombia ($690k), Guatemala ($473k), and China ($153k).

The fastest growing import markets in Coffee and Tea Extracts for Honduras between 2021 and 2022 were Netherlands ($671k), Colombia ($176k), and Guatemala ($162k).

COMPANIES In 2023, leading companies such as Rothfos (3), Halyard Health (2), and Adidas (1) were at the forefront of shipping Coffee and Tea Extracts 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 Coffee and Tea Extracts. 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)$455k
IMPORTS (2022)$6.73M
NET TRADE (2022)-$6.28M

In 2022, Honduras exported $455k in Coffee and Tea Extracts. The main destinations of Honduras exports on Coffee and Tea Extracts were Ireland ($420k), United States ($25k), Senegal ($4.83k), Guatemala ($2.92k), and Nicaragua ($685).

In 2022, Honduras imported $6.73M in Coffee and Tea Extracts, mainly from Netherlands ($4.34M), United States ($758k), Colombia ($690k), Guatemala ($473k), and China ($153k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Ireland$181k (75.6%)
Senegal$3.55k (277%)
Nicaragua$685 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Honduras WERE (2021 - 2022):
Germany-$38.4k (-100%)
Guatemala-$30.6k (-91.3%)
United States-$23.5k (-48.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Coffee and Tea Extracts were:
In 2022, Honduras's main importing competitors in Coffee and Tea Extracts were:

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $84.9k
TOP IMPORT POTENTIALColombia+ $328k

Coffee and Tea Extracts’s highest export potential is United States. With an export gap of $84.9k.   Coffee and Tea Extracts’s highest import potential is Colombia with an import gap of $328k.

See methodology.

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