2022
Exports
$249kWorld Rnk 99 / 175
Flag Rnk 314 / 884
2022
PRODUCT COMPLEXITY IN Frozen Vegetables
-0.82Rnk 783 / 1025
2022
Imports
$888kWorld Rnk 124 / 220
Flag Rnk 608 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $249k in Frozen Vegetables, making it the 99th largest exporter of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 314th most exported product in Honduras. The main destination of Frozen Vegetables exports from Honduras are: United States ($245k), Greece ($2.36k), Iceland ($1.03k), Ireland ($667), and Germany ($141).

The fastest growing export markets for Frozen Vegetables of Honduras between 2021 and 2022 were United States ($90.2k), Iceland ($1.03k), and Ireland ($667).

Imports In 2022, Honduras imported $888k in Frozen Vegetables, becoming the 124th largest importer of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 608th most imported product in Honduras. Honduras imports Frozen Vegetables primarily from: United States ($723k), Guatemala ($165k), and El Salvador ($10).

The fastest growing import markets in Frozen Vegetables for Honduras between 2021 and 2022 were United States ($622k), Guatemala ($27.7k), and El Salvador ($10).

COMPANIES In 2023, leading companies such as Goya Foods (3) were at the forefront of shipping Frozen Vegetables from Honduras to the United States.

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 Frozen Vegetables. 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)$249k
IMPORTS (2022)$888k
NET TRADE (2022)-$639k

In 2022, Honduras exported $249k in Frozen Vegetables. The main destinations of Honduras exports on Frozen Vegetables were United States ($245k), Greece ($2.36k), Iceland ($1.03k), Ireland ($667), and Germany ($141).

In 2022, Honduras imported $888k in Frozen Vegetables, mainly from United States ($723k), Guatemala ($165k), and El Salvador ($10).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Vegetables EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$90.2k (58.3%)
Iceland$1.03k (1%)
Ireland$667 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Vegetables BY Honduras WERE (2021 - 2022):
Philippines-$7.1k (-100%)
Greece-$1.87k (-44.2%)
El Salvador-$351 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Frozen Vegetables were:
China $1.41B
Belgium $1.26B
Spain $703M
In 2022, Honduras's main importing competitors in Frozen Vegetables were:

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Trade Value of Frozen Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $282k
TOP IMPORT POTENTIALGuatemala+ $123k

Frozen Vegetables’s highest export potential is United States. With an export gap of $282k.   Frozen Vegetables’s highest import potential is Guatemala with an import gap of $123k.

See methodology.

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