2023
Exports
$1World Rnk 148 / 150
Flag Rnk 958 / 960
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$36.1kWorld Rnk 110 / 159
Flag Rnk 988 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $1 in Crude Petroleum, making it the 148th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 958th most exported product in Honduras. The main destination of Crude Petroleum exports from Honduras are: Netherlands ($1).

The fastest growing export markets for Crude Petroleum of Honduras between 2022 and 2023 were Netherlands ($1).

Imports In 2023, Honduras imported $36.1k in Crude Petroleum, becoming the 110th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 988th most imported product in Honduras. Honduras imports Crude Petroleum primarily from: Spain ($36.1k).

The fastest growing import markets in Crude Petroleum for Honduras between 2022 and 2023 were Spain ($36.1k).

Latest Trends

Dec 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 Crude Petroleum. 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)$1
IMPORTS (2023)$36.1k
NET TRADE (2023)-$36.1k

In 2023, Honduras exported $1 in Crude Petroleum. The main destinations of Honduras exports on Crude Petroleum were Netherlands ($1).

In 2023, Honduras imported $36.1k in Crude Petroleum, mainly from Spain ($36.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Honduras WERE (2022 - 2023):Netherlands$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Honduras WERE (2022 - 2023):
Belgium-$445 (-100%)
Guatemala-$35 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Crude Petroleum were:
In 2023, Honduras's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $1.8k
TOP IMPORT POTENTIALGuatemala+ $1.29k

Crude Petroleum’s highest export potential is Belgium. With an export gap of $1.8k.   Crude Petroleum’s highest import potential is Guatemala with an import gap of $1.29k.

See methodology.

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