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Imports in Honduras decreased to 1444.91 USD Million in February from 1492.62 USD Million in January of 2025. This dataset provides - Honduras Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, the main exported products from Honduras were coffee and its byproducts, which accounted for a total export value of nearly 1.4 billion U.S. dollars. Bananas and plantains ranked second, at about 685 million dollars, followed by palm oil, with roughly 466 million dollars. Petroleum, on the other hand, was one of the most imported products by Honduras that year, with an import value of about 2.6 billion U.S. dollars. Honduras’s leading trade partners In 2023, the United States was Honduras’s leading trade partner, both in terms of imports and exports, with total approximate trade values of 5.1 billion U.S. dollars for American imports and 2.1 billion dollars for American exports. China came in second place for imports. The Central American country imported a staggering 2.3 billion dollars’ worth of goods from China. Fellow Latin American countries, Mexico, Guatemala, and El Salvador were also part of Honduras’s top five trade partners. Decline in Honduras’s trade balance The large trade deficit Honduras experienced with China and the United States is part of the larger picture of the country’s consistent overall trade deficit, which has seen a significant increase over the last decade. In 2001, Honduras recorded a trade deficit of about 1.78 billion U.S. dollars; the amount ballooned to over 5.41 billion dollars in 2022. This is a consequence of the country’s need to import large amounts of petroleum and other industrial oils to support its development. In contrast, the local resources that form the largest part of its exports are agricultural commodities.
This statistic shows the share of economic sectors in the gross domestic product (GDP) in Honduras from 2013 to 2023. In 2023, the share of agriculture in Honduras' gross domestic product was 11.98 percent, industry contributed approximately 26.03 percent and the services sector contributed about 57.37 percent.
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Honduras' total Imports in 2023 were valued at US$14.38 Billion, according to the United Nations COMTRADE database on international trade. Honduras' main import partners were: the United States, China and Mexico. The top three import commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Exports were valued at US$7.17 Billion. In 2023, Honduras had a trade deficit of US$7.21 Billion.
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Key information about Honduras Imports: ICT Goods
The value added to gross domestic product by the manufacturing sector in Honduras decreased by 0.3 billion U.S. dollars (-6.62 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher value added than the preceding years.These figures refer to the total value of manufacturing output within a given country, and constant values have been used to negate the impact of inflation when comparing values across multiple years.Find more statistics on other topics about Honduras with key insights such as national gross income per capita, value added by the services industry to the gross domestic product, value added by the agriculture, forestry, and fishing sector to the gross domestic product.
The share of value added by the services industry to gross domestic product in Honduras saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 57.37 percent. Value added is the net output of a sector after adding up all outputs and subtracting intermediate outputs. It refers to the contribution of a sector or industry to the overall GDP. The components of value added consist of compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.Find more statistics on other topics about Honduras with key insights such as value added by the agriculture, forestry, and fishing sector to the gross domestic product, value added by the services industry to the gross domestic product, and national gross income per capita.
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Key information about Honduras Imports: Television
In 2023, the United States led the list of origin countries for Honduran merchandise imports, with a total value of over five billion U.S. dollars. China ranked second, accounting for around 2.3 billion U.S. dollars. Some of the main imported products in Honduras were petroleum oil and medicines.
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<ul style='margin-top:20px;'>
<li>Honduras imports for 2022 were <strong>22.08 billion US dollars</strong>, a <strong>22.57% increase</strong> from 2021.</li>
<li>Honduras imports for 2021 were <strong>18.01 billion US dollars</strong>, a <strong>47.99% increase</strong> from 2020.</li>
<li>Honduras imports for 2020 were <strong>12.17 billion US dollars</strong>, a <strong>17.42% decline</strong> from 2019.</li>
</ul>Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
Germany was the leading country of origin for Honduras' pharmaceutical imports in 2024, with an import value of over 72 million U.S. dollars. That year, Guatemala was the second country for Honduran pharmaceutical imports, which amounted to around 62 million U.S. dollars. The European country was followed by Mexico, the United States and India.
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Key information about Honduras Imports: Medicament
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This country economic memorandum, the first for Honduras since 1987, focuses on policies for macroeconomic stabilization and poverty alleviation. It contains a Poverty Assessment and addresses three main areas: fiscal policy, agriculture and the social sectors. Honduras has suffered from varying degrees of fiscal instability for the last two decades. Recently, this has become chronic. Significant fiscal deficits intensify poverty, first because the consequent macroeconomic instability hits the poor hardest and is not conducive to savings, investment and growth; and second, because they severely limit the fiscal space available for targeted programs. In the social sectors, there are serious inefficiencies and misallocation of resources and insufficient focus on the needs of the poor. Agriculture is key to Honduras~^!!^ ability to grow more rapidly in an equitable manner: society is largely rural, an overwhelming majority of the poor earn their livelihood in agriculture, and agricultural products generate 80 percent of export earnings. This report addresses the key policies and structural reforms required to: 1) underpin a substantially improved fiscal performance; 2) promote more rapid and equitable growth in agriculture; and 3) ensure more effective use of public resources in the social sectors and strengthen existing efforts to target the poor.
The statistic shows the distribution of employment in Honduras by economic sector from 2013 to 2023. In 2023, 22.56 percent of the employees in Honduras were active in the agricultural sector, 21.39 percent in industry and 56.05 percent in the service sector.
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Honduras HN: Child Employment in Manufacturing: Male: % of Male Economically Active Children Aged 7-14 data was reported at 5.620 % in 2014. This records an increase from the previous number of 5.580 % for 2013. Honduras HN: Child Employment in Manufacturing: Male: % of Male Economically Active Children Aged 7-14 data is updated yearly, averaging 5.580 % from Dec 2004 (Median) to 2014, with 5 observations. The data reached an all-time high of 6.720 % in 2007 and a record low of 3.150 % in 2011. Honduras HN: Child Employment in Manufacturing: Male: % of Male Economically Active Children Aged 7-14 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank.WDI: Employment and Unemployment. Employment by economic activity refers to the distribution of economically active children by the major industrial categories of the International Standard Industrial Classification (ISIC). Manufacturing corresponds to division 3 (ISIC revision 2), category D (ISIC revision 3), or category C (ISIC revision 4). Economically active children refer to children involved in economic activity for at least one hour in the reference week of the survey.; ; Understanding Children's Work project based on data from ILO, UNICEF and the World Bank.; ;
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Honduras HN: Child Employment in Agriculture: % of Economically Active Children Aged 7-14 data was reported at 57.900 % in 2014. This records a decrease from the previous number of 65.470 % for 2013. Honduras HN: Child Employment in Agriculture: % of Economically Active Children Aged 7-14 data is updated yearly, averaging 63.400 % from Dec 2004 (Median) to 2014, with 5 observations. The data reached an all-time high of 71.680 % in 2011 and a record low of 57.900 % in 2014. Honduras HN: Child Employment in Agriculture: % of Economically Active Children Aged 7-14 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank.WDI: Employment and Unemployment. Employment by economic activity refers to the distribution of economically active children by the major industrial categories of the International Standard Industrial Classification (ISIC). Agriculture corresponds to division 1 (ISIC revision 2), categories A and B (ISIC revision 3), or category A (ISIC revision 4) and includes hunting, forestry, and fishing. Economically active children refer to children involved in economic activity for at least one hour in the reference week of the survey.; ; Understanding Children's Work project based on data from ILO, UNICEF and the World Bank.; ;
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Key information about Honduras Imports: Medicinal and Pharmaceutical Product
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Historical chart and dataset showing Honduras manufacturing output by year from 1960 to 2023.
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This horizontal bar chart displays net energy imports (% of energy use) by demonym using the aggregation average in Honduras. The data is about countries per year.
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Honduras Construction Market size was valued at USD 1.25 Billion in 2024 and is expected to reach USD 2.05 Billion by 2032, growing at a CAGR of 6.3% from 2026 to 2032.
Honduras Construction Market Dynamics
Key Market Drivers:
Infrastructure Development Initiatives: The Honduran government is prioritizing infrastructure development as a key driver of economic growth, with a USD 800 million allocation for large-scale projects like road networks, bridges, and airports in 2023. These investments aim to improve trade logistics, transportation, and overall infrastructure, creating substantial demand for construction services, according to the Honduran Secretariat of Infrastructure and Public Services (SIPAS).
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Imports in Honduras decreased to 1444.91 USD Million in February from 1492.62 USD Million in January of 2025. This dataset provides - Honduras Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.