Palm Oil in Honduras | The Observatory of Economic Complexity

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Exports In 2022, Honduras exported $460M in Palm Oil, making it the 11th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 5th most exported product in Honduras. The main destination of Palm Oil exports from Honduras are: Italy ($155M), Netherlands ($111M), El Salvador ($51.1M), Germany ($43M), and Nicaragua ($25.9M).

The fastest growing export markets for Palm Oil of Honduras between 2021 and 2022 were Italy ($113M), Germany ($35.9M), and El Salvador ($29.9M).

Imports In 2022, Honduras imported $62.7M in Palm Oil, becoming the 82nd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 53rd most imported product in Honduras. Honduras imports Palm Oil primarily from: Indonesia ($25.2M), Guatemala ($22.7M), Nicaragua ($8.31M), El Salvador ($6.05M), and Panama ($375k).

The fastest growing import markets in Palm Oil for Honduras between 2021 and 2022 were Guatemala ($11.2M), El Salvador ($4.97M), and Indonesia ($3.4M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Palm Oil from Honduras to the United States.

Feb 2024

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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 Palm Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$460M

IMPORTS (2022)$62.7M

NET TRADE (2022)$398M

In 2022, Honduras exported $460M in Palm Oil. The main destinations of Honduras exports on Palm Oil were Italy ($155M), Netherlands ($111M), El Salvador ($51.1M), Germany ($43M), and Nicaragua ($25.9M).

In 2022, Honduras imported $62.7M in Palm Oil, mainly from Indonesia ($25.2M), Guatemala ($22.7M), Nicaragua ($8.31M), El Salvador ($6.05M), and Panama ($375k).