2023
Exports
$725kWorld Rnk 85 / 197
Flag Rnk 285 / 960
2023
PRODUCT COMPLEXITY IN Tea
-1.68Rnk 971 / 1025
2023
Imports
$950kWorld Rnk 144 / 224
Flag Rnk 629 / 1130
2023
ECONOMIC COMPLEXITY of Honduras
-0.53Rnk 88 / 132

About

Exports In 2023, Honduras exported $725k in Tea, making it the 85th largest exporter of Tea in the world. At the same year, Tea was the 285th most exported product in Honduras. The main destination of Tea exports from Honduras are: Guatemala ($718k), Nicaragua ($3.5k), Bahamas ($2.98k), Canada ($86), and Netherlands ($41).

The fastest growing export markets for Tea of Honduras between 2022 and 2023 were Guatemala ($230k), Nicaragua ($3.5k), and Bahamas ($2.13k).

Imports In 2023, Honduras imported $950k in Tea, becoming the 144th largest importer of Tea in the world. At the same year, Tea was the 629th most imported product in Honduras. Honduras imports Tea primarily from: United States ($562k), China ($219k), Japan ($61.2k), El Salvador ($43.3k), and Mexico ($27.9k).

The fastest growing import markets in Tea for Honduras between 2022 and 2023 were United States ($409k), China ($219k), and Japan ($61.2k).

Latest Trends

Dec 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 Tea. 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)$725k
IMPORTS (2023)$950k
NET TRADE (2023)-$225k

In 2023, Honduras exported $725k in Tea. The main destinations of Honduras exports on Tea were Guatemala ($718k), Nicaragua ($3.5k), Bahamas ($2.98k), Canada ($86), and Netherlands ($41).

In 2023, Honduras imported $950k in Tea, mainly from United States ($562k), China ($219k), Japan ($61.2k), El Salvador ($43.3k), and Mexico ($27.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Honduras WERE (2022 - 2023):
Guatemala$230k (47%)
Nicaragua$3.5k (1%)
Bahamas$2.13k (253%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Honduras WERE (2022 - 2023):
United States-$2.61k (-100%)
Canada-$203 (-70.2%)
Sweden-$99 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Honduras's main exporting competitors in Tea were:
China $1.39B
Kenya $1.37B
In 2023, Honduras's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.8k
TOP IMPORT POTENTIALColombia+ $3.21k

Tea’s highest export potential is United States. With an export gap of $17.8k.   Tea’s highest import potential is Colombia with an import gap of $3.21k.

See methodology.

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