Overview: 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 Nicaragua by land and Belize, Colombia, Cuba, Mexico, and Cayman Islands by sea.