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Pricing

2023
Flag → Flag
Exports $6.14BRnk 43 / 220
2023
Flag → Flag
Top Product $2.23BRefined Petroleum
2023
Flag → Flag
Exports $5.87BRnk 1 / 142
2023
Flag → Flag
Top Product $1.02BInsulated Wire
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.53Rnk 88 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH86%CURRENT US$
Rnk 21 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH55.3%CURRENT US$
Rnk 38 / 195

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 2023, leading companies such as Dole Fresh Fruit (14.5k), Halyard Health (1.27k), and Gildan Activewear (646) were at the forefront of exporting goods from Honduras to the United States. Conversely, Ci Tecnicas Baltime De Colombia S.a (3.6k), Compania Agropecuaria El Porvenir S (2.02k), and Agricola Santa Ines S.a. (1.65k) were notable for importing products to Honduras from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $585M and imported $417M from Honduras, resulting in a positive trade balance of $168M. Between November 2023 and November 2024 the exports of United States have increased by $29.6M (5.33%) from $555M to $585M, while imports increased by $7.92M (1.94%) from $409M to $417M.

Trade In November 2024, the top exports of United States to Honduras were Refined Petroleum ($154M), Non-Retail Pure Cotton Yarn ($40.2M), Commodities not elsewhere specified ($34.7M), Non-Retail Synthetic Staple Fibers Yarn ($26.4M), and Petroleum Gas ($24.4M). In November 2024 the top imports of United States from Honduras were Insulated Wire ($63.8M), Knit Sweaters ($53.2M), Knit T-shirts ($41.1M), Melons ($29.8M), and Coffee ($18.5M).

Origins In November 2024 the exports of United States were mainly from Texas ($182M), North Carolina ($65.5M), Louisiana ($62.8M), Florida ($58.9M), and Mississippi ($49.1M), while imports destinations were mainly Florida ($112M), North Carolina ($54M), Alabama ($42.6M), Texas ($39M), and Kentucky ($28.9M).

Growth In November 2024, the increase in United States's year-by-year exports to Honduras was explained primarily by an increase in product exports in Soybean Meal ($6.92M or 50.1%), Low-voltage Protection Equipment ($5.3M or 52.1%), and Cars ($4.77M or 72.8%). In November 2024, the increase in United States's year-by-year imports  from Honduras was explained primarily by an increase in product imports  in Insulated Wire ($19.2M or 42.9%), Melons ($11.6M or 63.6%), and Bananas ($5.88M or 50.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$29.6M(5.33%)
IMPORT GROWTH (November 2023 - November 2024)$7.92M(1.94%)
MAIN EXPORTER (November 2024)Texas$182M

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.

For full datasets download visit Bulk Download page.

Explore Honduras and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

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 (Flag) to Honduras (Flag) (2023)

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

Market Competitiveness

Color
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 (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Honduras

Flow
Scale

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

Potential Exports

Depth
View
Sort By
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

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 (Flag) and Honduras (Flag) (2023)

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