2022
Exports
$1.36MWorld Rnk 126 / 216
Flag Rnk 200 / 884
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$26.9MWorld Rnk 105 / 222
Flag Rnk 105 / 1113
2022
ECONOMIC COMPLEXITY of Honduras
-0.52Rnk 88 / 133

About

Exports In 2022, Honduras exported $1.36M in Industrial Fatty Acids, Oils and Alcohols, making it the 126th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 200th most exported product in Honduras. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Honduras are: El Salvador ($598k), Suriname ($230k), Guatemala ($206k), Belize ($87.5k), and Costa Rica ($62.7k).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Honduras between 2021 and 2022 were Suriname ($230k), Belgium ($61.1k), and India ($28.4k).

Imports In 2022, Honduras imported $26.9M in Industrial Fatty Acids, Oils and Alcohols, becoming the 105th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 105th most imported product in Honduras. Honduras imports Industrial Fatty Acids, Oils and Alcohols primarily from: Guatemala ($9.58M), Mexico ($5.02M), United States ($3.28M), China ($2.67M), and Costa Rica ($2.61M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Honduras between 2021 and 2022 were Guatemala ($3.27M), Mexico ($1.7M), and China ($1.24M).

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 Industrial Fatty Acids, Oils and Alcohols. 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)$1.36M
IMPORTS (2022)$26.9M
NET TRADE (2022)-$25.6M

In 2022, Honduras exported $1.36M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Honduras exports on Industrial Fatty Acids, Oils and Alcohols were El Salvador ($598k), Suriname ($230k), Guatemala ($206k), Belize ($87.5k), and Costa Rica ($62.7k).

In 2022, Honduras imported $26.9M in Industrial Fatty Acids, Oils and Alcohols, mainly from Guatemala ($9.58M), Mexico ($5.02M), United States ($3.28M), China ($2.67M), and Costa Rica ($2.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Honduras WERE (2021 - 2022):
Suriname$230k (1%)
Belgium$61.1k (1%)
India$28.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Honduras WERE (2021 - 2022):
Guatemala-$138k (-40.2%)
El Salvador-$50.7k (-7.81%)
Belize-$44.9k (-33.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Honduras's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Honduras's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.68M
TOP IMPORT POTENTIALUnited States+ $93.1k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is United States. With an export gap of $1.68M.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is United States with an import gap of $93.1k.

See methodology.

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