2022
Exports
$415World Rnk 131 / 149
Flag Rnk 793 / 884
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$531World Rnk 147 / 158
Flag Rnk 1088 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $415 in Crude Petroleum, making it the 131st largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 793rd most exported product in Honduras. The main destination of Crude Petroleum exports from Honduras are: Belgium ($383) and Guatemala ($32).

The fastest growing export markets for Crude Petroleum of Honduras between 2021 and 2022 were Belgium ($383) and Guatemala ($32).

Imports In 2022, Honduras imported $531 in Crude Petroleum, becoming the 147th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1088th most imported product in Honduras. Honduras imports Crude Petroleum primarily from: Guatemala ($531).

The fastest growing import markets in Crude Petroleum for Honduras between N/A and 2022 were Guatemala ($531).

Latest Trends

Sep 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 (2022)$415
IMPORTS (2022)$531
NET TRADE (2022)-$116

In 2022, Honduras exported $415 in Crude Petroleum. The main destinations of Honduras exports on Crude Petroleum were Belgium ($383) and Guatemala ($32).

In 2022, Honduras imported $531 in Crude Petroleum, mainly from Guatemala ($531).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Belgium$383 (1%)
Guatemala$32 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Honduras WERE (2021 - 2022):Netherlands-$32 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Crude Petroleum were:
In 2022, 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
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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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