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2023
Exports $1.08MWorld Rnk 48 / 133
Flag Rnk 243 / 960
2023
Destination $433k Guatemala
2022 - 2023
FASTEST GROWING MARKET $433kEl Salvador
2023
PRODUCT COMPLEXITY IN Oil Seed Flower-0.97Rnk 822 / 1025
2023
Imports $20MWorld Rnk 14 / 193
Flag Rnk 146 / 1130
2023
Origin $10.6M United States
2022 - 2023
FASTEST GROWING ORIGIN $10.6MUnited States
2023
ECONOMIC COMPLEXITY of Honduras-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $1.08M in Oil Seed Flower, making it the 48th largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 243rd most exported product in Honduras. The main destination of Oil Seed Flower exports from Honduras are: Guatemala ($650k) and El Salvador ($433k).

The fastest growing export markets for Oil Seed Flower of Honduras between 2022 and 2023 were El Salvador ($433k) and Guatemala ($266k).

Imports In 2023, Honduras imported $20M in Oil Seed Flower, becoming the 14th largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 146th most imported product in Honduras. Honduras imports Oil Seed Flower primarily from: United States ($19.8M), Netherlands ($185k), and Guatemala ($341).

The fastest growing import markets in Oil Seed Flower for Honduras between 2022 and 2023 were United States ($10.6M) and Netherlands ($122k).

Latest Trends

Dec 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 Oil Seed Flower. 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)$1.08M
IMPORTS (2023)$20M
NET TRADE (2023)-$18.9M

In 2023, Honduras exported $1.08M in Oil Seed Flower. The main destinations of Honduras exports on Oil Seed Flower were Guatemala ($650k) and El Salvador ($433k).

In 2023, Honduras imported $20M in Oil Seed Flower, mainly from United States ($19.8M), Netherlands ($185k), and Guatemala ($341).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
El Salvador$433k (1%)
Guatemala$266k (69.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY Honduras WERE (2022 - 2023):United Kingdom-$3.04k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Oil Seed Flower were:
United States $448M
South Africa $92.3M
Netherlands $90.3M
In 2023, Honduras's main importing competitors in Oil Seed Flower were:
Vietnam $142M
Dominican Republic $98.5M
South Korea $81.9M

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Trade Value of Oil Seed Flower by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $5.99k
TOP IMPORT POTENTIALSouth Africa+ $31.4k

Oil Seed Flower’s highest export potential is United Kingdom. With an export gap of $5.99k.   Oil Seed Flower’s highest import potential is South Africa with an import gap of $31.4k.

See methodology.

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