2022
Exports
$10.4MWorld Rnk 50 / 151
Flag Rnk 99 / 884
2022
PRODUCT COMPLEXITY IN Milk
-0.0031Rnk 548 / 1025
2022
Imports
$4.01MWorld Rnk 104 / 221
Flag Rnk 359 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $10.4M in Milk, making it the 50th largest exporter of Milk in the world. At the same year, Milk was the 99th most exported product in Honduras. The main destination of Milk exports from Honduras are: Guatemala ($7.32M) and El Salvador ($3.05M).

The fastest growing export markets for Milk of Honduras between 2021 and 2022 were Guatemala ($2.15M) and El Salvador ($388k).

Imports In 2022, Honduras imported $4.01M in Milk, becoming the 104th largest importer of Milk in the world. At the same year, Milk was the 359th most imported product in Honduras. Honduras imports Milk primarily from: Costa Rica ($3.97M), United States ($31.3k), Spain ($10.4k), and Turkey ($160).

The fastest growing import markets in Milk for Honduras between 2021 and 2022 were Costa Rica ($72.3k), United States ($5.96k), and Spain ($4.09k).

COMPANIES In 2023, leading companies such as Halyard Health (1) were at the forefront of shipping Milk 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 Milk. 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)$10.4M
IMPORTS (2022)$4.01M
NET TRADE (2022)$6.36M

In 2022, Honduras exported $10.4M in Milk. The main destinations of Honduras exports on Milk were Guatemala ($7.32M) and El Salvador ($3.05M).

In 2022, Honduras imported $4.01M in Milk, mainly from Costa Rica ($3.97M), United States ($31.3k), Spain ($10.4k), and Turkey ($160).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$2.15M (41.6%)
El Salvador$388k (14.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Honduras WERE (2021 - 2022):
Niger-$334k (-100%)
United States-$143k (-100%)
Costa Rica-$20.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Milk were:
In 2022, Honduras's main importing competitors in Milk were:
Germany $2.03B
China $1.46B

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Trade Value of Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.61k
TOP IMPORT POTENTIALUnited States+ $45.9k

Milk’s highest export potential is China. With an export gap of $3.61k.   Milk’s highest import potential is United States with an import gap of $45.9k.

See methodology.

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