Honduras

U.S.-Honduras Trade Facts

Honduras is currently our 51st largest goods trading partner with $8.9 billion in total (two way) goods trade during 2008. Goods exports totaled $4.8 billion; Goods imports totaled $4.0 billion. The U.S. goods trade surplus with Honduras was $805 million in 2008.

Exports

Honduras was the United States' 41st largest goods export market in 2008.

U.S. goods exports to Honduras in 2008 were $4.8 billion, up 8.6% ($385 million) from 2007, and up 379% from 1994 (the year prior to Uruguay Round). U.S. exports to Honduras are up 48.9% from 2005 (Pre-FTA).

The top export categories (2-digit HS) in 2008 were: Mineral Fuel (oil) ($762 million), Cotton, Yarn and Fabric ($658 million), Special Other (low value shipments and articles donated for relief) ($450 million), Electrical Machinery ($340 million), and Knit and Crocheted Fabrics ($338 million).

U.S. exports of agricultural products to Honduras totaled $507 million in 2008. Leading categories include: coarse grains ($76 million), soybean meal ($70 million), wheat ($67 million), and rice ($61 million).

Imports

Honduras was the United States' 51st largest supplier of goods imports in 2008.

U.S. goods imports from Honduras totaled $4.0 billion in 2008, a 3.3% increase ($129 million) from 2007, and up 268% over the last 14 years. U.S. imports from Honduras are up 7.8% from 2005 (Pre-FTA).

The five largest import categories in 2008 were: Knit Apparel ($2.1 billion), Woven Apparel ($535 million), Electrical Machinery ($307 million), Edible Fruit and Nuts (mostly bananas) ($194 million), and Fish and Seafood (tilapia, rock lobster, and shrimp) ($150 million).

U.S. imports of agricultural products from Honduras totaled $417 million in 2008. Leading categories include: bananas and plantains ($149 million), coffee (unroasted) ($132 million), and other fresh fruit ($40 million).

Trade Balance

The U.S. goods trade surplus with Honduras was $805 million in 2008, a 46.6% increase ($256 million) over 2007.

Investment

U.S. foreign direct investment (FDI) in Honduras (stock) was $968 million in 2007 (latest data available), down 3.3% from 2006.

U.S. direct investment in Honduras is primarily concentrated in the manufacturing and wholesale trade sectors.