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Honduras

Honduras Flag

On August 5, 2004, the United States signed the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) with five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and the Dominican Republic (the Parties). Under the Agreement, the Parties significantly liberalizes trade in goods and services.

The CAFTA-DR also includes important disciplines relating to: customs administration and trade facilitation, technical barriers to trade, government procurement, investment, telecommunications, electronic commerce, intellectual property rights, transparency and labor and environmental protection.

The Agreement entered into force for the United States and El Salvador on March 1, 2006; for, Honduras and Nicaragua on Aril 1 2006; and for Guatemala on July 1, 2006. The CAFTA-DR entered into force for the Dominican Republic on March 1, 2007, and for Costa Rica on January 1, 2009.

U.S.-Honduras Trade Facts

U.S. goods and services trade with Honduras totaled an estimated $11.2 billion in 2016. Exports were $6.0 billion; imports were $5.3 billion. The U.S. goods and services trade surplus with Honduras was $730 million in 2016.

Honduras is currently our 45th largest goods trading partner with $9.4 billion in total (two way) goods trade during 2016. Goods exports totaled $4.8 billion; goods imports totaled $4.6 billion. The U.S. goods trade surplus with Honduras was $212 million in 2016.

Trade in services with Honduras (exports and imports) totaled an estimated $1.8 billion in 2016. Services exports were $1.2 billion; services imports were $634 million. The U.S. services trade surplus with Honduras was $518 million in 2016.

According to the Department of Commerce, U.S. exports of Goods and Services to Honduras supported an estimated 33 thousand jobs in 2015 (latest data available) (26 thousand supported by goods exports and 6 thousand supported by services exports). 

Exports

  • Honduras was the United States' 41st largest goods export market in2016.

  • U.S. goods exports to Honduras in 2016 were $4.8 billion, down 7.4% ($386 million) from 2015 but up 31.0% from 2006. U.S. exports to Honduras are up 48.4% from 2005 (pre-FTA). 

  • The top export categories (2-digit HS) in 2016 were: mineral fuels ($888 million), cotton ($677 million), manmade staple fibers ($378 million), electrical machinery ($373 million), and special other (low value estimate) ($360 million).

  • U.S. total exports of agricultural products to Honduras totaled $650 million in 2016. Leading domestic export categories include: corn ($106 million), soybean meal ($88 million), rice ($71 million), wheat ($66 million), and pork & pork products ($48 million).

  • U.S. exports of services to Honduras were an estimated $1.2 billion in 2016, 9.4% ($99 million) more than 2015.  Leading services exports from the U.S. to Honduras were in the travel, transportation, and intellectual property sectors. 

Imports

  • Honduras was the United States' 45th largest supplier of goods imports in 2016.

  • U.S. goods imports from Honduras totaled $4.6 billion in 2016, down 3.0% ($142 million) from 2015, but up 24.2% from 2006. U.S. imports from Honduras are up 23.2% from 2005 (pre-FTA). 

  • The top import categories (2-digit HS) in 2016 were: knit apparel ($2.1 billion), electrical machinery ($548 million), woven apparel ($479 million), edible fruit & nuts (bananas, plantains)  ($352 million), and coffee, tea & spice (coffee) ($243 million).

  • U.S. total imports of agricultural products from Honduras totaled $741 million in 2016. Leading categories include: coffee, unroasted ($240 million), bananas and plantains ($233 million), other fresh fruit ($118 million), fresh vegetables ($44 million), and processed fruit & vegetables ($40 million).

  • U.S. imports of services to Honduras were an estimated $634 million in 2016, 3.8% ($25 million) less than 2015.  Leading services imports from Honduras to the U.S. were in the travel, telecommunications, computer, and information services, and transport sectors. 

Trade Balance

  • The U.S. goods trade surplus with Honduras was $212 million in 2016, a 53.5% decrease ($244 million) over 2015.

  • The United States has a services trade surplus of an estimated $518 million with Honduras in 2016, up 48.0% from 2015. 

Investment

  • U.S. foreign direct investment (FDI) in Honduras (stock) was $1.1 billion in 2016, a 0.6% decrease from 2015. U.S. direct investment in Honduras is led by manufacturing, nonbank holding companies, and information.

  • No data on Honduras's FDI in the U.S. are available. 

  • Sales of services in Honduras by majority U.S.-owned affiliates were $534 million in 2015 (latest data available).