2023
Exports
$2.06MWorld Rnk 77 / 184
Flag Rnk 194 / 960
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$84.7MWorld Rnk 78 / 223
Flag Rnk 38 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $2.06M in Rice, making it the 77th largest exporter of Rice in the world. At the same year, Rice was the 194th most exported product in Honduras. The main destination of Rice exports from Honduras are: Nicaragua ($1.35M), Guatemala ($409k), El Salvador ($294k), United States ($8.65k), and Uruguay ($122).

The fastest growing export markets for Rice of Honduras between 2022 and 2023 were Nicaragua ($541k), Uruguay ($122), and Canada ($24).

Imports In 2023, Honduras imported $84.7M in Rice, becoming the 78th largest importer of Rice in the world. At the same year, Rice was the 38th most imported product in Honduras. Honduras imports Rice primarily from: United States ($77.2M), Guyana ($3.4M), Brazil ($3.24M), Chinese Taipei ($603k), and El Salvador ($103k).

The fastest growing import markets in Rice for Honduras between 2022 and 2023 were United States ($35M), Chinese Taipei ($48.4k), and India ($40.5k).

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 Rice. 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)$2.06M
IMPORTS (2023)$84.7M
NET TRADE (2023)-$82.6M

In 2023, Honduras exported $2.06M in Rice. The main destinations of Honduras exports on Rice were Nicaragua ($1.35M), Guatemala ($409k), El Salvador ($294k), United States ($8.65k), and Uruguay ($122).

In 2023, Honduras imported $84.7M in Rice, mainly from United States ($77.2M), Guyana ($3.4M), Brazil ($3.24M), Chinese Taipei ($603k), and El Salvador ($103k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
Nicaragua$541k (67.3%)
Uruguay$122 (1%)
Canada$24 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Honduras WERE (2022 - 2023):
El Salvador-$655k (-69%)
Guatemala-$262k (-39%)
United States-$2.81k (-24.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Rice were:
In 2023, Honduras's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $201k
TOP IMPORT POTENTIALEl Salvador+ $177k

Rice’s highest export potential is Guatemala. With an export gap of $201k.   Rice’s highest import potential is El Salvador with an import gap of $177k.

See methodology.

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