Honduras

ECON COMPLEXITY (2018)

-0.65

RANK 96 OF 137

PRODUCT EXPORTS (2018)

8.62B

RANK 93 OF 222

EXPORTS PER CAPITA (2018)

$899

RANK 194 OF 219

PRODUCT IMPORTS (2018)

$9.54B

RANK 105 OF 221

IMPORTS PER CAPITA (2018)

$995

RANK 204 of 219

SERVICE EXPORTS (2015)

$1.1B

RANK 113 OF 170

SERVICE IMPORTS (2015)

$1.79B

RANK 102 OF 170

GDP (2018)

$24B

CURRENT US$
RANK 111 OF 196

GDP GROWTH (2008-2018)

73.8%

CURRENT US$
RANK 50 OF 196

GDP PC (2018)

$2,500

CURRENT US$
RANK 144 OF 196

GDP PC GROWTH (2008-2018)

44.7%

Overview: This page contains the latest international trade data for Honduras, including service trade data, and tariffs. In 2018 Honduras was the number 111 economy in the world in terms of GDP (current US$), the number 93 in total exports, the number 105 in total imports, and the number 96 most complex economy according to the Economic Complexity Index (ECI). In 2018, Honduras exported $8.62B and imported $9.54B, resulting in a negative trade balance of -$923M. In 2018, Honduras’s exports per capita were $899 and its imports per capita were $995.

Trade: The top exports of Honduras are Knit T-shirts ($1.46B), Knit Sweaters ($1.09B), Coffee ($1.02B), Insulated Wire ($626M), and Bananas ($297M). The top imports of Honduras are Refined Petroleum ($1.22B), Non-Retail Pure Cotton Yarn ($617M), Non-Retail Synthetic Staple Fibers Yarn ($427M), Light Rubberized Knitted Fabric ($246M), and Insulated Wire ($213M).

Destinations: Honduras exports mostly to United States ($4.79B), El Salvador ($749M), Nicaragua ($565M), Germany ($365M), and Mexico ($335M), and imports mostly from United States ($4.55B), China ($988M), El Salvador ($906M), Mexico ($739M), and Costa Rica($394M).

Location: Honduras borders El Salvador, Guatemala, and Nicaraguaby land and Belize, Colombia, Cuba, Mexico, and Cayman Islands by sea.

Exports

In 2018 Honduras exported a total of $8.62B, making it the number 93 exporter in the world. During the last five reported years the exports of Honduras have changed by $738M from $7.88B in 2013 to $8.62B in 2018.

The most recent exports are led by Knit T-shirts ($1.46B), Knit Sweaters ($1.09B), Coffee ($1.02B), Insulated Wire ($626M), and Bananas ($297M).

Imports

In 2018 Honduras imported $9.54B, making it the number 105 trade destination in the world. During the last five reported years the imports of Honduras changed by -$576M from $10.1B in 2013 to $9.54B in 2018.

The most recent imports of Honduras are led by Refined Petroleum ($1.22B), Non-Retail Pure Cotton Yarn ($617M), Non-Retail Synthetic Staple Fibers Yarn ($427M), Light Rubberized Knitted Fabric ($246M), and Insulated Wire ($213M).

Trade Balance

As of 2018 Honduras had a negative trade balance of $901M in net imports. As compared to their trade balance in 1995 when they had a positive trade balance of $196M in net exports.

Destinations

The most common destination for the exports of Honduras are United States ($4.79B), El Salvador ($749M), Nicaragua ($565M), Germany ($365M), and Mexico ($335M).

Origins

The most common import partners for Honduras are United States ($4.55B), China ($988M), El Salvador ($906M), Mexico ($739M), and Costa Rica ($394M).