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Honduras Trade Summary

2021

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 2021

Overall Exports and Imports for Honduras 2021

Exports and imports of Honduras in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,976 million.
  • The total value of imports (CIF) was 11,631 million.
  • At the HS6 digit level, 2,054 products were exported to 113 countries and 3,764 products were imported from 185 countries.

Honduras top 5 Export and Import partners 2021

Top five countries to which Honduras exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Honduras exports to United States worth US$ 2,155 million, with a partner share of 43.31 percent.
  2. Honduras exports to Germany worth US$ 332 million, with a partner share of 6.67 percent.
  3. Honduras exports to El Salvador worth US$ 296 million, with a partner share of 5.95 percent.
  4. Honduras exports to Guatemala worth US$ 226 million, with a partner share of 4.55 percent.
  5. Honduras exports to Nicaragua worth US$ 216 million, with a partner share of 4.33 percent.

Top five countries from which Honduras imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Honduras imports from United States worth US$ 3,995 million, with a partner share of 34.35 percent.
  2. Honduras imports from China worth US$ 2,083 million, with a partner share of 17.91 percent.
  3. Honduras imports from Mexico worth US$ 879 million, with a partner share of 7.56 percent.
  4. Honduras imports from Guatemala worth US$ 650 million, with a partner share of 5.59 percent.
  5. Honduras imports from El Salvador worth US$ 516 million, with a partner share of 4.43 percent.

Honduras Top 5 Productsexports imports at HS 6 digit level 2021

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 1,287,766.22 (US$ Thousands).
  2. Honduras exported Ignition wiring sets&oth wiring sets of a kind , worth 800,894.61 (US$ Thousands).
  3. Honduras exported Frozen shrimps and prawns , worth 447,502.58 (US$ Thousands).
  4. Honduras exported Crude palm oil , worth 178,985.27 (US$ Thousands).
  5. Honduras exported Gold in unwrought forms non-monetary , worth 163,069.55 (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 1,573,636.63 (US$ Thousands).
  2. Honduras imported Other medicaments of mixed or unmixed products, , worth 415,065.51 (US$ Thousands).
  3. Honduras imported Transmission apparatus, for radioteleph incorpo , worth 220,504.59 (US$ Thousands).
  4. Honduras imported Maize (excl. seed) , worth 220,163.00 (US$ Thousands).
  5. Honduras imported Other food preparations, nes , worth 215,371.70 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Honduras in 2021 are below

  • The maximum rate of tariff in percentage on any product was 164 percent.
  • The simple average tariff across all products was 3.36 percent.
  • The trade weighted average tariff was 2.85 .
  • The total duty free imports in thousands of US dollars were 5,117,631.99 and duty free tariff line items share was 64.37 percent.

Development Indicators 2021

Key Development Indicators of Honduras in 2021 are below

  • Honduras GDP in current US dollar was 28,489 million.
  • GNI per capita, Atlas method (current US$) was 2,460.00 .
  • Honduras Trade balance: as % of GDP was -23.45.
  • Trade balance in current US$ was -6,682.00 million.
  • Trade as percentage of GDP was 100.38 .
  • Trade in services as percentage of GDP was 18.59 .

Trade Indicators 2021

Trade Indicators for Honduras in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.26.
  • Index of export market penetration was 2.96.
  • World Growth in percentage was 12.50 and Honduras Country Growth was 14.31 .