2023
Exports
$35.5MWorld Rnk 14 / 139
Flag Rnk 52 / 960
2023
PRODUCT COMPLEXITY IN Molasses
-1.73Rnk 974 / 1025
2023
Imports
$120kWorld Rnk 99 / 187
Flag Rnk 890 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $35.5M in Molasses, making it the 14th largest exporter of Molasses in the world. At the same year, Molasses was the 52nd most exported product in Honduras. The main destination of Molasses exports from Honduras are: United States ($31.6M), United Kingdom ($3.62M), Belgium ($217k), Guatemala ($40.3k), and Spain ($2.55k).

The fastest growing export markets for Molasses of Honduras between 2022 and 2023 were United States ($7.52M), Guatemala ($27.1k), and Spain ($2.55k).

Imports In 2023, Honduras imported $120k in Molasses, becoming the 99th largest importer of Molasses in the world. At the same year, Molasses was the 890th most imported product in Honduras. Honduras imports Molasses primarily from: United States ($64.8k), Germany ($49.3k), United Arab Emirates ($3.17k), Nicaragua ($2.33k), and Guatemala ($247).

The fastest growing import markets in Molasses for Honduras between 2022 and 2023 were United States ($64.8k), Germany ($49.3k), and United Arab Emirates ($3.17k).

Latest Trends

Jan 2025

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 Molasses. 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)$35.5M
IMPORTS (2023)$120k
NET TRADE (2023)$35.4M

In 2023, Honduras exported $35.5M in Molasses. The main destinations of Honduras exports on Molasses were United States ($31.6M), United Kingdom ($3.62M), Belgium ($217k), Guatemala ($40.3k), and Spain ($2.55k).

In 2023, Honduras imported $120k in Molasses, mainly from United States ($64.8k), Germany ($49.3k), United Arab Emirates ($3.17k), Nicaragua ($2.33k), and Guatemala ($247).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
United States$7.52M (31.2%)
Guatemala$27.1k (205%)
Spain$2.55k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Honduras WERE (2022 - 2023):
United Kingdom-$4.22M (-53.8%)
Belgium-$1.67M (-88.5%)
Ireland-$894k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $355k
TOP IMPORT POTENTIALGuatemala+ $17.3k

Molasses’s highest export potential is Germany. With an export gap of $355k.   Molasses’s highest import potential is Guatemala with an import gap of $17.3k.

See methodology.

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