2022
Exports
$134MWorld Rnk 62 / 218
Flag Rnk 14 / 93
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$231MWorld Rnk 68 / 226
Flag Rnk 17 / 96
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $134M in Preparations of cereals, flour, starch or milk, making it the 62nd largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 14th most exported product in Honduras. The main destination of Preparations of cereals, flour, starch or milk exports from Honduras are: Guatemala ($42.8M), United States ($28.9M), Nicaragua ($18.2M), El Salvador ($16.8M), and Dominican Republic ($16M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Honduras between 2021 and 2022 were United States ($18.1M), Guatemala ($9.05M), and Dominican Republic ($5.74M).

Imports In 2022, Honduras imported $231M in Preparations of cereals, flour, starch or milk, becoming the 68th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 17th most imported product in Honduras. Honduras imports Preparations of cereals, flour, starch or milk primarily from: Guatemala ($84.7M), Mexico ($42.8M), El Salvador ($36.6M), United States ($29.4M), and Costa Rica ($18.8M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Honduras between 2021 and 2022 were Guatemala ($21.8M), El Salvador ($5.69M), and United States ($4.37M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (2.64k), EDT (Export, Development & Trade) (51), and Halyard Health (32) were at the forefront of shipping Preparations of cereals, flour, starch or milk from Honduras to the United States.

Latest Trends

Jul 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 Preparations of cereals, flour, starch or milk. 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)$134M
IMPORTS (2022)$231M
NET TRADE (2022)-$97.5M

In 2022, Honduras exported $134M in Preparations of cereals, flour, starch or milk. The main destinations of Honduras exports on Preparations of cereals, flour, starch or milk were Guatemala ($42.8M), United States ($28.9M), Nicaragua ($18.2M), El Salvador ($16.8M), and Dominican Republic ($16M).

In 2022, Honduras imported $231M in Preparations of cereals, flour, starch or milk, mainly from Guatemala ($84.7M), Mexico ($42.8M), El Salvador ($36.6M), United States ($29.4M), and Costa Rica ($18.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$18.1M (168%)
Guatemala$9.05M (26.8%)
Dominican Republic$5.74M (56%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY Honduras WERE (2021 - 2022):
Portugal-$561k (-97%)
Spain-$464k (-100%)
Cayman Islands-$198k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Honduras's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, Honduras's main importing competitors in Preparations of cereals, flour, starch or milk were:

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $25.2M
TOP IMPORT POTENTIALNetherlands+ $1.33M

Preparations of cereals, flour, starch or milk’s highest export potential is United States. With an export gap of $25.2M.   Preparations of cereals, flour, starch or milk’s highest import potential is Netherlands with an import gap of $1.33M.

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