2022
Exports
$33.1MWorld Rnk 37 / 142
Flag Rnk 51 / 884
2022
PRODUCT COMPLEXITY IN Raw Tobacco
-1.72Rnk 974 / 1025
2022
Imports
$41.9MWorld Rnk 46 / 179
Flag Rnk 70 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $33.1M in Raw Tobacco, making it the 37th largest exporter of Raw Tobacco in the world. At the same year, Raw Tobacco was the 51st most exported product in Honduras. The main destination of Raw Tobacco exports from Honduras are: Dominican Republic ($22.6M), Nicaragua ($7.73M), Philippines ($2.29M), Turkey ($258k), and United States ($168k).

The fastest growing export markets for Raw Tobacco of Honduras between 2021 and 2022 were Turkey ($132k), Nicaragua ($119k), and Colombia ($18.1k).

Imports In 2022, Honduras imported $41.9M in Raw Tobacco, becoming the 46th largest importer of Raw Tobacco in the world. At the same year, Raw Tobacco was the 70th most imported product in Honduras. Honduras imports Raw Tobacco primarily from: Dominican Republic ($19.1M), Nicaragua ($10.3M), United States ($4.26M), Panama ($1.7M), and Ecuador ($1.66M).

The fastest growing import markets in Raw Tobacco for Honduras between 2021 and 2022 were Dominican Republic ($13.8M), United States ($2.04M), and Germany ($1.05M).

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 Raw Tobacco. 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)$33.1M
IMPORTS (2022)$41.9M
NET TRADE (2022)-$8.88M

In 2022, Honduras exported $33.1M in Raw Tobacco. The main destinations of Honduras exports on Raw Tobacco were Dominican Republic ($22.6M), Nicaragua ($7.73M), Philippines ($2.29M), Turkey ($258k), and United States ($168k).

In 2022, Honduras imported $41.9M in Raw Tobacco, mainly from Dominican Republic ($19.1M), Nicaragua ($10.3M), United States ($4.26M), Panama ($1.7M), and Ecuador ($1.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Tobacco EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Turkey$132k (105%)
Nicaragua$119k (1.56%)
Colombia$18.1k (444%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Tobacco BY Honduras WERE (2021 - 2022):
Dominican Republic-$3.39M (-13%)
United States-$2.38M (-93.4%)
Honduras-$1.14M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Raw Tobacco were:
In 2022, Honduras's main importing competitors in Raw Tobacco were:

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Trade Value of Raw Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $456k
TOP IMPORT POTENTIALBrazil+ $848k

Raw Tobacco’s highest export potential is United States. With an export gap of $456k.   Raw Tobacco’s highest import potential is Brazil with an import gap of $848k.

See methodology.

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