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Honduras Trade Summary

2020

Honduras exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR HONDURAS 2020

Overall Exports and Imports for Honduras 2020

Exports and imports of Honduras in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,666 million.
  • The total value of imports (CIF) was 7,972 million.
  • At the HS6 digit level, 2,123 products were exported to 102 countries and 3,715 products were imported from 138 countries.

Honduras top 5 Export and Import partners 2020

Top five countries to which Honduras exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Honduras exports to United States worth US$ 1,964 million, with a partner share of 42.09 percent.
  2. Honduras exports to El Salvador worth US$ 349 million, with a partner share of 7.49 percent.
  3. Honduras exports to Germany worth US$ 281 million, with a partner share of 6.01 percent.
  4. Honduras exports to Guatemala worth US$ 254 million, with a partner share of 5.45 percent.
  5. Honduras exports to Nicaragua worth US$ 251 million, with a partner share of 5.38 percent.

Top five countries from which Honduras imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Honduras imports from United States worth US$ 2,659 million, with a partner share of 33.36 percent.
  2. Honduras imports from China worth US$ 1,310 million, with a partner share of 16.43 percent.
  3. Honduras imports from Mexico worth US$ 615 million, with a partner share of 7.72 percent.
  4. Honduras imports from Guatemala worth US$ 507 million, with a partner share of 6.36 percent.
  5. Honduras imports from El Salvador worth US$ 393 million, with a partner share of 4.93 percent.

Honduras Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Honduras along with trade value are:

  1. Honduras exported Coffee, not roasted or decaffeinated , worth 868,634.62 (US$ Thousands).
  2. Honduras exported Ignition wiring sets&oth wiring sets of a kind , worth 524,356.32 (US$ Thousands).
  3. Honduras exported Crude palm oil , worth 281,925.23 (US$ Thousands).
  4. Honduras exported Frozen shrimps and prawns , worth 272,027.28 (US$ Thousands).
  5. Honduras exported Bananas, including plantains, fresh or dried , worth 222,616.61 (US$ Thousands).

The top five imported HS 6 digit level products from world by Honduras along with trade value are

  1. Honduras imported Petroleum oils, etc, (excl. crude); preparation , worth 1,057,913.79 (US$ Thousands).
  2. Honduras imported Other medicaments of mixed or unmixed products, , worth 341,702.04 (US$ Thousands).
  3. Honduras imported Transmission apparatus, for radioteleph incorpo , worth 183,038.57 (US$ Thousands).
  4. Honduras imported Other food preparations, nes , worth 176,832.86 (US$ Thousands).
  5. Honduras imported Maize (excl. seed) , worth 155,191.98 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Honduras in 2020 are below

  • The maximum rate of tariff in percentage on any product was 164 percent.
  • The simple average tariff across all products was 3.90 percent.
  • The trade weighted average tariff was 3.31 .
  • The total duty free imports in thousands of US dollars were 4,695,178.72 and duty free tariff line items share was 58.75 percent.

Development Indicators 2020

Key Development Indicators of Honduras in 2020 are below

  • Honduras GDP in current US dollar was 23,828 million.
  • GNI per capita, Atlas method (current US$) was 2,150.00 .
  • Honduras Trade balance: as % of GDP was -15.43.
  • Trade balance in current US$ was -3,677.00 million.
  • Trade as percentage of GDP was 85.62 .
  • Trade in services as percentage of GDP was 15.92 .

Trade Indicators 2020

Trade Indicators for Honduras in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.25.
  • Index of export market penetration was 2.86.
  • World Growth in percentage was -3.77 and Honduras Country Growth was -7.28 .