2018
Exports
$1.48MWorld Rnk 74 / 150
Flag Rnk 219 / 960
2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2018
Imports
$3.72MWorld Rnk 125 / 216
Flag Rnk 420 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2018, Honduras exported $1.48M in Seed Oils, making it the 74th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 219th most exported product in Honduras. The main destination of Seed Oils exports from Honduras are: Spain ($1.29M), Italy ($197k), and Netherlands ($421).

The fastest growing export markets for Seed Oils of Honduras between N/A and 2023 were Spain ($1.29M), Italy ($197k), and Netherlands ($421).

Imports In 2023, Honduras imported $3.72M in Seed Oils, becoming the 125th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 420th most imported product in Honduras. Honduras imports Seed Oils primarily from: Guatemala ($3.07M), Argentina ($413k), United States ($103k), Italy ($82.7k), and Spain ($50.2k).

The fastest growing import markets in Seed Oils for Honduras between 2022 and 2023 were Argentina ($413k), Guatemala ($227k), and Italy ($63.1k).

Latest Trends

Jan 2025

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 Seed Oils. 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)$1.48M
IMPORTS (2023)$3.72M
NET TRADE (2023)-$2.24M

In 2023, Honduras exported $1.48M in Seed Oils. The main destinations of Honduras exports on Seed Oils were Spain ($1.29M), Italy ($197k), and Netherlands ($421).

In 2023, Honduras imported $3.72M in Seed Oils, mainly from Guatemala ($3.07M), Argentina ($413k), United States ($103k), Italy ($82.7k), and Spain ($50.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Honduras WERE (N/A - 2023):
Spain$1.29M (1%)
Italy$197k (1%)
Netherlands$421 (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, Honduras's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $595
TOP IMPORT POTENTIALItaly+ $32k

Seed Oils’s highest export potential is India. With an export gap of $595.   Seed Oils’s highest import potential is Italy with an import gap of $32k.

See methodology.

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