2022
Exports
$15MWorld Rnk 58 / 169
Flag Rnk 83 / 884
2022
PRODUCT COMPLEXITY IN Cheese
-0.14Rnk 591 / 1025
2022
Imports
$42.1MWorld Rnk 77 / 223
Flag Rnk 69 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $15M in Cheese, making it the 58th largest exporter of Cheese in the world. At the same year, Cheese was the 83rd most exported product in Honduras. The main destination of Cheese exports from Honduras are: El Salvador ($13.3M), Guatemala ($973k), United States ($690k), and Maldives ($7.2k).

The fastest growing export markets for Cheese of Honduras between 2021 and 2022 were Guatemala ($274k), El Salvador ($169k), and Maldives ($7.2k).

Imports In 2022, Honduras imported $42.1M in Cheese, becoming the 77th largest importer of Cheese in the world. At the same year, Cheese was the 69th most imported product in Honduras. Honduras imports Cheese primarily from: United States ($38.5M), Costa Rica ($1.59M), El Salvador ($1.17M), Nicaragua ($683k), and Guatemala ($65.2k).

The fastest growing import markets in Cheese for Honduras between 2021 and 2022 were United States ($8.94M), Costa Rica ($310k), and El Salvador ($257k).

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 Cheese. 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)$15M
IMPORTS (2022)$42.1M
NET TRADE (2022)-$27.1M

In 2022, Honduras exported $15M in Cheese. The main destinations of Honduras exports on Cheese were El Salvador ($13.3M), Guatemala ($973k), United States ($690k), and Maldives ($7.2k).

In 2022, Honduras imported $42.1M in Cheese, mainly from United States ($38.5M), Costa Rica ($1.59M), El Salvador ($1.17M), Nicaragua ($683k), and Guatemala ($65.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Guatemala$274k (39.1%)
El Salvador$169k (1.28%)
Maldives$7.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Honduras WERE (2021 - 2022):
United States-$191k (-21.6%)
Cayman Islands-$43.7k (-100%)
Canada-$10 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Cheese were:
In 2022, Honduras's main importing competitors in Cheese were:
Germany $5.19B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.39M
TOP IMPORT POTENTIALNicaragua+ $915k

Cheese’s highest export potential is United States. With an export gap of $1.39M.   Cheese’s highest import potential is Nicaragua with an import gap of $915k.

See methodology.

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