2022
Exports
$10.7MWorld Rnk 75 / 202
Flag Rnk 97 / 884
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.62Rnk 736 / 1025
2022
Imports
$92.6MWorld Rnk 44 / 225
Flag Rnk 35 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $10.7M in Sauces and Seasonings, making it the 75th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 97th most exported product in Honduras. The main destination of Sauces and Seasonings exports from Honduras are: Nicaragua ($4.5M), El Salvador ($2.66M), United States ($2.47M), Guatemala ($840k), and Costa Rica ($157k).

The fastest growing export markets for Sauces and Seasonings of Honduras between 2021 and 2022 were United States ($1.22M), Nicaragua ($723k), and Guatemala ($393k).

Imports In 2022, Honduras imported $92.6M in Sauces and Seasonings, becoming the 44th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 35th most imported product in Honduras. Honduras imports Sauces and Seasonings primarily from: Guatemala ($34.3M), United States ($27.6M), Costa Rica ($14.6M), Mexico ($9.25M), and El Salvador ($3.33M).

The fastest growing import markets in Sauces and Seasonings for Honduras between 2021 and 2022 were United States ($10.6M), Guatemala ($5.23M), and Mexico ($3.6M).

COMPANIES In 2023, leading companies such as Adidas (1) were at the forefront of shipping Sauces and Seasonings from Honduras to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Sauces and Seasonings. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$10.7M
IMPORTS (2022)$92.6M
NET TRADE (2022)-$81.9M

In 2022, Honduras exported $10.7M in Sauces and Seasonings. The main destinations of Honduras exports on Sauces and Seasonings were Nicaragua ($4.5M), El Salvador ($2.66M), United States ($2.47M), Guatemala ($840k), and Costa Rica ($157k).

In 2022, Honduras imported $92.6M in Sauces and Seasonings, mainly from Guatemala ($34.3M), United States ($27.6M), Costa Rica ($14.6M), Mexico ($9.25M), and El Salvador ($3.33M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
United States$1.22M (97.5%)
Nicaragua$723k (19.2%)
Guatemala$393k (87.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Honduras WERE (2021 - 2022):
Portugal-$50k (-100%)
Panama-$33.2k (-63.2%)
Canada-$31.7k (-54.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Honduras's main exporting competitors in Sauces and Seasonings were:
In 2022, Honduras's main importing competitors in Sauces and Seasonings were:

Explore Visualizations

Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.78M
TOP IMPORT POTENTIALChina+ $1.07M

Sauces and Seasonings’s highest export potential is United States. With an export gap of $2.78M.   Sauces and Seasonings’s highest import potential is China with an import gap of $1.07M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with