2023
Exports
$2.93MWorld Rnk 69 / 198
Flag Rnk 172 / 960
2023
PRODUCT COMPLEXITY IN Spices
-1.59Rnk 959 / 1025
2023
Imports
$334kWorld Rnk 163 / 224
Flag Rnk 769 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $2.93M in Spices, making it the 69th largest exporter of Spices in the world. At the same year, Spices was the 172nd most exported product in Honduras. The main destination of Spices exports from Honduras are: United States ($2.24M), Canada ($235k), Guatemala ($187k), Nicaragua ($147k), and El Salvador ($48.4k).

The fastest growing export markets for Spices of Honduras between 2022 and 2023 were United States ($262k), Canada ($87.8k), and Nicaragua ($23.7k).

Imports In 2023, Honduras imported $334k in Spices, becoming the 163rd largest importer of Spices in the world. At the same year, Spices was the 769th most imported product in Honduras. Honduras imports Spices primarily from: United States ($158k), Guatemala ($102k), India ($42.2k), Peru ($9.31k), and South Africa ($7.21k).

The fastest growing import markets in Spices for Honduras between 2022 and 2023 were South Africa ($7.21k), Lebanon ($3.46k), and Turkey ($2.61k).

Latest Trends

Jan 2025

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 Spices. 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 (2023)$2.93M
IMPORTS (2023)$334k
NET TRADE (2023)$2.6M

In 2023, Honduras exported $2.93M in Spices. The main destinations of Honduras exports on Spices were United States ($2.24M), Canada ($235k), Guatemala ($187k), Nicaragua ($147k), and El Salvador ($48.4k).

In 2023, Honduras imported $334k in Spices, mainly from United States ($158k), Guatemala ($102k), India ($42.2k), Peru ($9.31k), and South Africa ($7.21k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
United States$262k (13.2%)
Canada$87.8k (59.6%)
Nicaragua$23.7k (19.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Honduras WERE (2022 - 2023):
United Kingdom-$158k (-95.6%)
Guatemala-$94.1k (-33.5%)
Estonia-$66.7k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $895k
TOP IMPORT POTENTIALIndia+ $89.1k

Spices’s highest export potential is United States. With an export gap of $895k.   Spices’s highest import potential is India with an import gap of $89.1k.

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