United States (USA) and Honduras (HND) Trade

2023

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Exports $6.14BRnk 43 / 220

2023

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About

United States-Honduras Trade: In 2023, United States exported $6.14B to Honduras. The main products that United States exported to Honduras were Refined Petroleum ($2.23B), Non-Retail Pure Cotton Yarn ($490M), and Non-Retail Synthetic Staple Fibers Yarn ($358M). Over the past 5 years the exports of United States to Honduras have increased at an annualized rate of 6.9%, from $4.4B in 2018 to $6.14B in 2023.

In 2017, United States exported services to Honduras worth $1.24B, with Travel ($626M), Transportation ($308M), and Financial services ($86M) being the largest in terms of value.

Honduras-United States Trade: In 2023, Honduras exported $5.87B to United States. The main products that Honduras exported to United States were Insulated Wire ($1.02B), Knit Sweaters ($921M), and Knit T-shirts ($824M). Over the past 5 years the exports of Honduras to United States have increased at an annualized rate of 3.79%, from $4.87B in 2018 to $5.87B in 2023.

In 2023, Honduras did not export any services to United States.

Comparison: In 2023, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Company data: In 2024, leading companies such as Dole Fresh Fruit (9.16k), Halyard Health (996), and EDT (Export, Development & Trade) (352) were at the forefront of exporting goods from Honduras to the United States. Conversely, Ci Tecnicas Baltime De Colombia S A (2k), Other (1.59k), and Compania Agropecuaria El Porvenir S (1.23k) were notable for importing products to Honduras from the United States.

Latest Trends

January, 2025

About

Overview In January 2025, United States exported $562M and imported $337M from Honduras, resulting in a positive trade balance of $225M. Between January 2024 and January 2025 the exports of United States have decreased by $-34.5M (-5.78%) from $596M to $562M, while imports decreased by $-54.4M (-13.9%) from $391M to $337M.

Trade In January 2025, the top exports of United States to Honduras were Refined Petroleum ($161M), Low-voltage Protection Equipment ($39.6M), Commodities not elsewhere specified ($38.3M), Non-Retail Pure Cotton Yarn ($35.3M), and Non-Retail Synthetic Staple Fibers Yarn ($28.1M). In January 2025 the top imports of United States from Honduras were Insulated Wire ($68.5M), Knit T-shirts ($54.7M), Knit Sweaters ($54M), Melons ($31.1M), and Bananas ($19.4M).

Origins In January 2025 the exports of United States were mainly from Texas ($135M), Florida ($62.1M), Mississippi ($55.3M), North Carolina ($48.8M), and Louisiana ($45.7M), while imports destinations were mainly Florida ($105M), North Carolina ($51.6M), Alabama ($40.5M), Texas ($39.4M), and Kentucky ($28M).

Growth In January 2025, the decrease in United States's year-by-year exports to Honduras was explained primarily by an decrease in product exports in Petroleum Gas ($-10.7M or -44.1%), Petroleum Coke ($-4.97M or -56.4%), and Non-Retail Pure Cotton Yarn ($-4.96M or -12.3%). In January 2025, the decrease in United States's year-by-year imports from Honduras was explained primarily by an decrease in product imports in Fish Fillets ($-3.2M or -71.2%), Felt or Coated Fabric Garments ($-1.67M or -20.2%), and Precious Metal Scraps ($-1.57M or -41.5%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (January 2024 - January 2025)$-34.5M(-5.78%)

IMPORT GROWTH (January 2024 - January 2025)$-54.4M(-13.9%)

MAIN EXPORTER (January 2025)Texas$135M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Honduras and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, United States exported $6.14B to Honduras. The main products exported from United States to Honduras were Refined Petroleum ($2.23B), Non-Retail Pure Cotton Yarn ($490M), and Non-Retail Synthetic Staple Fibers Yarn ($358M). During the last 5 years the exports of United States to Honduras have increased at an annualized rate of 6.9%, from $4.4B in 2018 to $6.14B in 2023.

In 2018, Honduras exported $5.87B to United States. The main products exported from Honduras to United States were Insulated Wire ($1.02B), Knit Sweaters ($921M), and Knit T-shirts ($824M). During the last 5 years the exports of Honduras to United States have increased at an annualized rate of 3.79%, from $4.87B in 2023 to $5.87B in 2018.

Exports from United States () to Honduras () (2023)

Exports from Honduras () to United States () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$269B

Honduras
Top DestinationUnited States$5.87B

This map shows whether countries import more from United States or Honduras. Each country is colored based on the difference in imports they receive from United States and Honduras or the difference in the growth in imports.

In 2023, countries that imported more from United States than Honduras included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Honduras than United States included North Korea ($980k).

Difference in imports from Honduras () and United States () (2023)

Comparative Advantage United States - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between United States and Honduras by product, considering products traded by both, United States and Honduras.

During 2023, United States had a large net trade with Honduras in the exports of Mineral Products ($2.33B), Textiles ($1.11B), and Foodstuffs ($552M).

During 2018, Honduras had a large net trade with United States in the exports of Textiles ($2.63B), Machines ($1.12B), and Vegetable Products ($1.06B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United States Honduras+$11.4MVaccines, blood, antisera, toxins and cultures

Top Product Potential Honduras United States+$155MInsulated Wire

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of United States and Honduras. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over United States.

Product Space of United States () and Honduras () (2023)

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