2022
Exports
$28.6kWorld Rnk 97 / 145
Flag Rnk 520 / 884
2022
PRODUCT COMPLEXITY IN Spice Seeds
-1.2Rnk 880 / 1025
2022
Imports
$1.88MWorld Rnk 75 / 216
Flag Rnk 490 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $28.6k in Spice Seeds, making it the 97th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 520th most exported product in Honduras. The main destination of Spice Seeds exports from Honduras are: United States ($16.7k), Canada ($9.54k), Nicaragua ($2.15k), Guatemala ($171), and Netherlands ($107).

The fastest growing export markets for Spice Seeds of Honduras between 2021 and 2022 were Canada ($9.54k) and Netherlands ($107).

Imports In 2022, Honduras imported $1.88M in Spice Seeds, becoming the 75th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 490th most imported product in Honduras. Honduras imports Spice Seeds primarily from: India ($1.82M), United States ($27.8k), Italy ($13.6k), Guatemala ($11.6k), and Spain ($9.02k).

The fastest growing import markets in Spice Seeds for Honduras between 2021 and 2022 were India ($312k), Italy ($13.6k), and Guatemala ($8.05k).

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 Spice Seeds. 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)$28.6k
IMPORTS (2022)$1.88M
NET TRADE (2022)-$1.86M

In 2022, Honduras exported $28.6k in Spice Seeds. The main destinations of Honduras exports on Spice Seeds were United States ($16.7k), Canada ($9.54k), Nicaragua ($2.15k), Guatemala ($171), and Netherlands ($107).

In 2022, Honduras imported $1.88M in Spice Seeds, mainly from India ($1.82M), United States ($27.8k), Italy ($13.6k), Guatemala ($11.6k), and Spain ($9.02k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Canada$9.54k (1%)
Netherlands$107 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Honduras WERE (2021 - 2022):
Nicaragua-$107k (-98%)
Guatemala-$26.7k (-99.4%)
United States-$8.35k (-33.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Spice Seeds were:
India $618M
Vietnam $89.5M
China $84.7M
In 2022, Honduras's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.4k
TOP IMPORT POTENTIALUnited States+ $17.1k

Spice Seeds’s highest export potential is United States. With an export gap of $20.4k.   Spice Seeds’s highest import potential is United States with an import gap of $17.1k.

See methodology.

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