2022
Exports
$108MWorld Rnk 46 / 189
Flag Rnk 18 / 884
2022
PRODUCT COMPLEXITY IN Animal Food
-0.27Rnk 637 / 1025
2022
Imports
$105MWorld Rnk 67 / 223
Flag Rnk 29 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $108M in Animal Food, making it the 46th largest exporter of Animal Food in the world. At the same year, Animal Food was the 18th most exported product in Honduras. The main destination of Animal Food exports from Honduras are: Nicaragua ($34.2M), Panama ($28.2M), El Salvador ($17.9M), Costa Rica ($13.6M), and Guatemala ($11.2M).

The fastest growing export markets for Animal Food of Honduras between 2021 and 2022 were Nicaragua ($28.1M), El Salvador ($9.55M), and Panama ($7.36M).

Imports In 2022, Honduras imported $105M in Animal Food, becoming the 67th largest importer of Animal Food in the world. At the same year, Animal Food was the 29th most imported product in Honduras. Honduras imports Animal Food primarily from: Guatemala ($47M), United States ($18.7M), El Salvador ($15.4M), Costa Rica ($8.4M), and Ecuador ($5.18M).

The fastest growing import markets in Animal Food for Honduras between 2021 and 2022 were Guatemala ($11.2M), United States ($7.06M), and El Salvador ($3.89M).

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 Animal Food. 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)$108M
IMPORTS (2022)$105M
NET TRADE (2022)$3.63M

In 2022, Honduras exported $108M in Animal Food. The main destinations of Honduras exports on Animal Food were Nicaragua ($34.2M), Panama ($28.2M), El Salvador ($17.9M), Costa Rica ($13.6M), and Guatemala ($11.2M).

In 2022, Honduras imported $105M in Animal Food, mainly from Guatemala ($47M), United States ($18.7M), El Salvador ($15.4M), Costa Rica ($8.4M), and Ecuador ($5.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Food EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Nicaragua$28.1M (461%)
El Salvador$9.55M (114%)
Panama$7.36M (35.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Food BY Honduras WERE (2021 - 2022):
United States-$23.9M (-96.2%)
Honduras-$18M (-100%)
Peru-$2.05M (-81.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Animal Food were:
In 2022, Honduras's main importing competitors in Animal Food were:

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Trade Value of Animal Food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.17M
TOP IMPORT POTENTIALUnited States+ $1.86M

Animal Food’s highest export potential is United States. With an export gap of $3.17M.   Animal Food’s highest import potential is United States with an import gap of $1.86M.

See methodology.

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