Gather all your ingredients.

In a medium saucepan, combine the honey, barbecue sauce, apple cider vinegar, soy sauce, garlic powder, onion powder, smoked paprika, and black pepper.

Use a whisk to mix everything until smooth.

Place the saucepan over medium heat.

Allow the sauce to come to a gentle simmer, about 5 minutes.

Once simmering, reduce the heat to low.

Let the sauce cook for an additional 5 minutes, stirring occasionally.

Remove from heat and let it cool slightly.

Store your delicious sauce in an airtight container in the refrigerator.