2022
Exports
$48.8kWorld Rnk 109 / 146
Flag Rnk 462 / 884
2022
PRODUCT COMPLEXITY IN Processed Tobacco
-0.82Rnk 782 / 1025
2022
Imports
$1.9MWorld Rnk 131 / 212
Flag Rnk 488 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $48.8k in Processed Tobacco, making it the 109th largest exporter of Processed Tobacco in the world. At the same year, Processed Tobacco was the 462nd most exported product in Honduras. The main destination of Processed Tobacco exports from Honduras are: Nicaragua ($45.6k), United Arab Emirates ($1.42k), Colombia ($1.12k), Iceland ($386), and Dominican Republic ($214).

The fastest growing export markets for Processed Tobacco of Honduras between 2021 and 2022 were United Arab Emirates ($1.42k) and Colombia ($1.12k).

Imports In 2022, Honduras imported $1.9M in Processed Tobacco, becoming the 131st largest importer of Processed Tobacco in the world. At the same year, Processed Tobacco was the 488th most imported product in Honduras. Honduras imports Processed Tobacco primarily from: United States ($1.38M), Brazil ($203k), Dominican Republic ($176k), Nicaragua ($129k), and Belgium ($12.9k).

The fastest growing import markets in Processed Tobacco for Honduras between 2021 and 2022 were United States ($1.07M), Brazil ($203k), and Dominican Republic ($145k).

Latest Trends

Sep 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 Processed Tobacco. 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)$48.8k
IMPORTS (2022)$1.9M
NET TRADE (2022)-$1.85M

In 2022, Honduras exported $48.8k in Processed Tobacco. The main destinations of Honduras exports on Processed Tobacco were Nicaragua ($45.6k), United Arab Emirates ($1.42k), Colombia ($1.12k), Iceland ($386), and Dominican Republic ($214).

In 2022, Honduras imported $1.9M in Processed Tobacco, mainly from United States ($1.38M), Brazil ($203k), Dominican Republic ($176k), Nicaragua ($129k), and Belgium ($12.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Tobacco EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Colombia$1.12k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Tobacco BY Honduras WERE (2021 - 2022):
Mexico-$190k (-100%)
United States-$102k (-100%)
Trinidad and Tobago-$73.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Processed Tobacco were:
In 2022, Honduras's main importing competitors in Processed Tobacco were:
Japan $1.75B

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Trade Value of Processed Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $1.91k
TOP IMPORT POTENTIALBrazil+ $29.9k

Processed Tobacco’s highest export potential is Colombia. With an export gap of $1.91k.   Processed Tobacco’s highest import potential is Brazil with an import gap of $29.9k.

See methodology.

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