2022
Exports
$4.36MWorld Rnk 49 / 180
Flag Rnk 136 / 884
2022
PRODUCT COMPLEXITY IN Pepper
-1.94Rnk 994 / 1025
2022
Imports
$870kWorld Rnk 127 / 221
Flag Rnk 612 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $4.36M in Pepper, making it the 49th largest exporter of Pepper in the world. At the same year, Pepper was the 136th most exported product in Honduras. The main destination of Pepper exports from Honduras are: United States ($1.05M), Germany ($969k), Netherlands ($427k), El Salvador ($301k), and United Arab Emirates ($271k).

The fastest growing export markets for Pepper of Honduras between 2021 and 2022 were Germany ($442k), Canada ($93.1k), and United Arab Emirates ($67.3k).

Imports In 2022, Honduras imported $870k in Pepper, becoming the 127th largest importer of Pepper in the world. At the same year, Pepper was the 612th most imported product in Honduras. Honduras imports Pepper primarily from: Guatemala ($243k), Brazil ($210k), United States ($181k), Ecuador ($123k), and Peru ($61.2k).

The fastest growing import markets in Pepper for Honduras between 2021 and 2022 were Peru ($31.5k), Ecuador ($6.52k), and Nicaragua ($6.1k).

Latest Trends

Oct 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 Pepper. 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)$4.36M
IMPORTS (2022)$870k
NET TRADE (2022)$3.49M

In 2022, Honduras exported $4.36M in Pepper. The main destinations of Honduras exports on Pepper were United States ($1.05M), Germany ($969k), Netherlands ($427k), El Salvador ($301k), and United Arab Emirates ($271k).

In 2022, Honduras imported $870k in Pepper, mainly from Guatemala ($243k), Brazil ($210k), United States ($181k), Ecuador ($123k), and Peru ($61.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pepper EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Germany$442k (83.8%)
Canada$93.1k (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pepper BY Honduras WERE (2021 - 2022):
Netherlands-$919k (-68.3%)
India-$847k (-100%)
Costa Rica-$378k (-63.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Pepper were:
India $1.21B
Vietnam $1.02B
China $727M
In 2022, Honduras's main importing competitors in Pepper were:

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Trade Value of Pepper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.12M
TOP IMPORT POTENTIALBrazil+ $61.1k

Pepper’s highest export potential is United States. With an export gap of $1.12M.   Pepper’s highest import potential is Brazil with an import gap of $61.1k.

See methodology.

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