2022
Exports
$6.14MWorld Rnk 50 / 175
Flag Rnk 124 / 884
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$11.7MWorld Rnk 60 / 223
Flag Rnk 209 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $6.14M in Soups and Broths, making it the 50th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 124th most exported product in Honduras. The main destination of Soups and Broths exports from Honduras are: Nicaragua ($3.69M), Costa Rica ($1.22M), El Salvador ($733k), Guatemala ($426k), and United States ($53.2k).

The fastest growing export markets for Soups and Broths of Honduras between 2021 and 2022 were Nicaragua ($2.22M), Costa Rica ($841k), and El Salvador ($249k).

Imports In 2022, Honduras imported $11.7M in Soups and Broths, becoming the 60th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 209th most imported product in Honduras. Honduras imports Soups and Broths primarily from: Guatemala ($9.32M), Mexico ($1.61M), El Salvador ($360k), United States ($355k), and Costa Rica ($19.7k).

The fastest growing import markets in Soups and Broths for Honduras between 2021 and 2022 were Mexico ($275k) and El Salvador ($157k).

COMPANIES In 2023, leading companies such as Halyard Health (2) were at the forefront of shipping Soups and Broths 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 Soups and Broths. 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)$6.14M
IMPORTS (2022)$11.7M
NET TRADE (2022)-$5.53M

In 2022, Honduras exported $6.14M in Soups and Broths. The main destinations of Honduras exports on Soups and Broths were Nicaragua ($3.69M), Costa Rica ($1.22M), El Salvador ($733k), Guatemala ($426k), and United States ($53.2k).

In 2022, Honduras imported $11.7M in Soups and Broths, mainly from Guatemala ($9.32M), Mexico ($1.61M), El Salvador ($360k), United States ($355k), and Costa Rica ($19.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Nicaragua$2.22M (152%)
Costa Rica$841k (220%)
El Salvador$249k (51.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Honduras WERE (2021 - 2022):
Dominican Republic-$2.7M (-100%)
Mexico-$1.14M (-100%)
Belize-$131k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Soups and Broths were:
In 2022, Honduras's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuatemala+ $257k
TOP IMPORT POTENTIALUnited States+ $344k

Soups and Broths’s highest export potential is Guatemala. With an export gap of $257k.   Soups and Broths’s highest import potential is United States with an import gap of $344k.

See methodology.

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