2022
Exports
$44.9MWorld Rnk 82 / 221
Flag Rnk 31 / 93
2022
PRODUCT COMPLEXITY IN Miscellaneous edible preparations
0.054Rnk 531 / 1025
2022
Imports
$336MWorld Rnk 57 / 226
Flag Rnk 14 / 96
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $44.9M in Miscellaneous edible preparations, making it the 82nd largest exporter of Miscellaneous edible preparations in the world. At the same year, Miscellaneous edible preparations was the 31st most exported product in Honduras. The main destination of Miscellaneous edible preparations exports from Honduras are: Guatemala ($28.3M), Nicaragua ($8.26M), El Salvador ($3.43M), United States ($2.83M), and Costa Rica ($1.57M).

The fastest growing export markets for Miscellaneous edible preparations of Honduras between 2021 and 2022 were Guatemala ($19.9M), Nicaragua ($2.7M), and Costa Rica ($1.02M).

Imports In 2022, Honduras imported $336M in Miscellaneous edible preparations, becoming the 57th largest importer of Miscellaneous edible preparations in the world. At the same year, Miscellaneous edible preparations was the 14th most imported product in Honduras. Honduras imports Miscellaneous edible preparations primarily from: Costa Rica ($112M), Guatemala ($93.9M), United States ($64.6M), Mexico ($20.8M), and El Salvador ($12.4M).

The fastest growing import markets in Miscellaneous edible preparations for Honduras between 2021 and 2022 were Guatemala ($8.95M), United States ($4.77M), and Costa Rica ($2.61M).

COMPANIES In 2023, leading companies such as Halyard Health (16), Adidas (4), and Rothfos (4) were at the forefront of shipping Miscellaneous edible preparations 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 Miscellaneous edible preparations. 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)$44.9M
IMPORTS (2022)$336M
NET TRADE (2022)-$291M

In 2022, Honduras exported $44.9M in Miscellaneous edible preparations. The main destinations of Honduras exports on Miscellaneous edible preparations were Guatemala ($28.3M), Nicaragua ($8.26M), El Salvador ($3.43M), United States ($2.83M), and Costa Rica ($1.57M).

In 2022, Honduras imported $336M in Miscellaneous edible preparations, mainly from Costa Rica ($112M), Guatemala ($93.9M), United States ($64.6M), Mexico ($20.8M), and El Salvador ($12.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Miscellaneous edible preparations EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$19.9M (237%)
Nicaragua$2.7M (48.6%)
Costa Rica$1.02M (184%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Miscellaneous edible preparations BY Honduras WERE (2021 - 2022):
Dominican Republic-$2.7M (-99.7%)
Mexico-$1.14M (-100%)
Belize-$123k (-93.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Miscellaneous edible preparations were:
In 2022, Honduras's main importing competitors in Miscellaneous edible preparations were:

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Trade Value of Miscellaneous edible preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $4.4M
TOP IMPORT POTENTIALMexico+ $3.25M

Miscellaneous edible preparations’s highest export potential is United States. With an export gap of $4.4M.   Miscellaneous edible preparations’s highest import potential is Mexico with an import gap of $3.25M.

See methodology.

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