Honduras
Compare Honduras →HN · HND · BACI 340 · latest data 2024
Exports
= $11,605 M20.1% over 5 yrs (up)
Imports
= $16,980 M43.0% over 5 yrs (up)
Trade balancedeficit
= −$5,375 M
Total trade
= $28,586 M32.7% over 5 yrs (up)
- World position
- #97 of 225 exporters · top half · #93 of 225 importers · top half · 2024
- World export share since 1995
- ±0.0 pp
Trade timeline
Honduras's exports grew from $2.4B in 1995 to $11.6B in 2024; the 2024 balance was −$5.4B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $2,393 M | $2,282 M | $111 M | $4,674 M |
| 1996 | $2,933 M | $2,443 M | $490 M | $5,375 M |
| 1997 | $3,915 M | $2,811 M | $1,104 M | $6,726 M |
| 1998 | $4,273 M | $3,476 M | $798 M | $7,749 M |
| 1999 | $3,842 M | $3,452 M | $390 M | $7,294 M |
| 2000 | $4,142 M | $3,714 M | $427 M | $7,856 M |
| 2001 | $4,101 M | $4,011 M | $90 M | $8,112 M |
| 2002 | $4,324 M | $3,910 M | $414 M | $8,234 M |
| 2003 | $4,430 M | $4,601 M | −$171 M | $9,031 M |
| 2004 | $4,938 M | $5,420 M | −$482 M | $10,357 M |
| 2005 | $5,255 M | $6,049 M | −$794 M | $11,304 M |
| 2006 | $5,507 M | $6,442 M | −$935 M | $11,949 M |
| 2007 | $6,095 M | $8,194 M | −$2,098 M | $14,289 M |
| 2008 | $6,417 M | $9,102 M | −$2,685 M | $15,519 M |
| 2009 | $5,677 M | $7,095 M | −$1,418 M | $12,772 M |
| 2010 | $6,882 M | $8,726 M | −$1,844 M | $15,607 M |
| 2011 | $8,255 M | $10,994 M | −$2,738 M | $19,249 M |
| 2012 | $9,033 M | $10,785 M | −$1,752 M | $19,818 M |
| 2013 | $8,131 M | $10,622 M | −$2,490 M | $18,753 M |
| 2014 | $8,925 M | $10,190 M | −$1,265 M | $19,115 M |
| 2015 | $8,653 M | $10,294 M | −$1,641 M | $18,946 M |
| 2016 | $8,737 M | $9,527 M | −$790 M | $18,264 M |
| 2017 | $9,318 M | $10,529 M | −$1,211 M | $19,847 M |
| 2018 | $9,389 M | $11,604 M | −$2,215 M | $20,993 M |
| 2019 | $9,667 M | $11,875 M | −$2,208 M | $21,542 M |
| 2020 | $8,488 M | $9,867 M | −$1,379 M | $18,356 M |
| 2021 | $10,703 M | $14,522 M | −$3,819 M | $25,226 M |
| 2022 | $12,582 M | $16,005 M | −$3,423 M | $28,588 M |
| 2023 | $11,925 M | $16,941 M | −$5,016 M | $28,866 M |
| 2024 | $11,605 M | $16,980 M | −$5,375 M | $28,585 M |
Trading partners
United States was Honduras's top trading partner in 2024, at 40.7% of total trade; the top five partners covered 69.4%.
- Top partner share
- 40.7%
- Top-5 share
- 69.4%
- Partners
- 163
- Partner HHI (0–1)
- 0.192
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | United States | $5,706 M | $5,926 M | $11,632 M | −$220 M |
| #2 | China | $106 M | $2,625 M | $2,731 M | −$2,519 M |
| #3 | Guatemala | $704 M | $1,329 M | $2,033 M | −$624 M |
| #4 | El Salvador | $759 M | $965 M | $1,724 M | −$206 M |
| #5 | Mexico | $650 M | $1,058 M | $1,708 M | −$408 M |
| #6 | Nicaragua | $990 M | $309 M | $1,299 M | $681 M |
| #7 | Costa Rica | $187 M | $553 M | $740 M | −$367 M |
| #8 | Germany | $321 M | $361 M | $682 M | −$40 M |
| #9 | Canada | $393 M | $97 M | $491 M | $296 M |
| #10 | India | $40 M | $284 M | $324 M | −$244 M |
| #11 | Japan | $64 M | $255 M | $319 M | −$191 M |
| #12 | Brazil | $24 M | $280 M | $303 M | −$256 M |
| #13 | Italy | $167 M | $127 M | $294 M | $40 M |
| #14 | Netherlands | $187 M | $56 M | $243 M | $131 M |
| #15 | Spain | $80 M | $161 M | $242 M | −$81 M |
Products & sectors
Product composition of Honduras's trade in 2024.
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Concentration & risk
Honduras's export partners diversified over 1995–2024 — HHI 0.410 → 0.264, a concentrated export base across 138 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.410 | 0.228 | 96 | 110 |
| 1996 | 0.454 | 0.267 | 107 | 104 |
| 1997 | 0.472 | 0.265 | 108 | 106 |
| 1998 | 0.477 | 0.257 | 116 | 109 |
| 1999 | 0.559 | 0.218 | 115 | 107 |
| 2000 | 0.578 | 0.221 | 126 | 115 |
| 2001 | 0.589 | 0.246 | 135 | 151 |
| 2002 | 0.596 | 0.189 | 132 | 166 |
| 2003 | 0.580 | 0.212 | 137 | 153 |
| 2004 | 0.571 | 0.185 | 135 | 155 |
| 2005 | 0.538 | 0.180 | 138 | 147 |
| 2006 | 0.497 | 0.220 | 142 | 127 |
| 2007 | 0.438 | 0.196 | 142 | 147 |
| 2008 | 0.419 | 0.252 | 139 | 100 |
| 2009 | 0.378 | 0.191 | 153 | 130 |
| 2010 | 0.356 | 0.214 | 145 | 134 |
| 2011 | 0.328 | 0.249 | 147 | 143 |
| 2012 | 0.328 | 0.220 | 151 | 137 |
| 2013 | 0.341 | 0.247 | 152 | 102 |
| 2014 | 0.324 | 0.205 | 156 | 140 |
| 2015 | 0.346 | 0.178 | 156 | 143 |
| 2016 | 0.342 | 0.169 | 158 | 142 |
| 2017 | 0.303 | 0.175 | 164 | 186 |
| 2018 | 0.286 | 0.180 | 157 | 177 |
| 2019 | 0.288 | 0.188 | 157 | 178 |
| 2020 | 0.255 | 0.169 | 153 | 146 |
| 2021 | 0.278 | 0.171 | 156 | 184 |
| 2022 | 0.272 | 0.251 | 134 | 95 |
| 2023 | 0.262 | 0.170 | 142 | 163 |
| 2024 | 0.264 | 0.163 | 138 | 139 |
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