2022
Exports
$4.24MWorld Rnk 17 / 139
Flag Rnk 138 / 884
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons
-1.93Rnk 992 / 1025
2022
Imports
$39.3kWorld Rnk 136 / 208
Flag Rnk 942 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $4.24M in Nutmeg, mace and cardamons, making it the 17th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 138th most exported product in Honduras. The main destination of Nutmeg, mace and cardamons exports from Honduras are: Guatemala ($1.73M), United States ($1.11M), Canada ($490k), Australia ($281k), and France ($168k).

The fastest growing export markets for Nutmeg, mace and cardamons of Honduras between 2021 and 2022 were Canada ($284k), Australia ($281k), and Guatemala ($86.3k).

Imports In 2022, Honduras imported $39.3k in Nutmeg, mace and cardamons, becoming the 136th largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 942nd most imported product in Honduras. Honduras imports Nutmeg, mace and cardamons primarily from: Guatemala ($27.1k), India ($8.64k), and Costa Rica ($3.58k).

The fastest growing import markets in Nutmeg, mace and cardamons for Honduras between 2021 and 2022 were Guatemala ($6.13k) and Costa Rica ($646).

Latest Trends

Aug 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 Nutmeg, mace and cardamons. 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)$4.24M
IMPORTS (2022)$39.3k
NET TRADE (2022)$4.2M

In 2022, Honduras exported $4.24M in Nutmeg, mace and cardamons. The main destinations of Honduras exports on Nutmeg, mace and cardamons were Guatemala ($1.73M), United States ($1.11M), Canada ($490k), Australia ($281k), and France ($168k).

In 2022, Honduras imported $39.3k in Nutmeg, mace and cardamons, mainly from Guatemala ($27.1k), India ($8.64k), and Costa Rica ($3.58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Canada$284k (137%)
Australia$281k (1%)
Guatemala$86.3k (5.26%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Honduras WERE (2021 - 2022):
United States-$717k (-39.3%)
Israel-$215k (-100%)
Latvia-$88.2k (-59.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Nutmeg, mace and cardamons were:
In 2022, Honduras's main importing competitors in Nutmeg, mace and cardamons were:

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Trade Value of Nutmeg, mace and cardamons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $269k
TOP IMPORT POTENTIALGuatemala+ $35.1k

Nutmeg, mace and cardamons’s highest export potential is United States. With an export gap of $269k.   Nutmeg, mace and cardamons’s highest import potential is Guatemala with an import gap of $35.1k.

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