Honduras
U.S.-Honduras Trade Facts
Honduras is currently our 47th largest goods trading partner with $10.6 billion in total (two way) goods trade during 2011. Goods exports totaled $6.1 billion; Goods imports totaled $4.5 billion. The U.S. goods trade surplus with Honduras was $1.6 billion in 2011.
Exports
Honduras was the United States' 40th largest goods export market in 2011.
U.S. goods exports to Honduras in 2011were $6.1 billion, up 33.3% ($1.5 billion) from 2010, and up 139% from 2000. U.S. exports to Honduras are up 88.7% from 2005 (Pre-FTA).
The top export categories (2-digit HS) in 2011were: Mineral Fuel (oil) ($1.5 billion), Cotton, Yarn and Fabric ($1.0 billion), Special Other (low value shipments and articles donated for relief) ($420 million), Electrical Machinery ($414 million), and Manmade Staple Fibers ($371 million).
U.S. exports of agricultural products to Honduras totaled $633 million in 2011. Leading categories include: coarse grains ($143 million), wheat ($69 million), soybean meal ($68 million), and rice ($58 million).
Imports
Honduras was the United States' 48th largest supplier of goods imports in 2011.
U.S. goods imports from Honduras totaled $4.5 billion in 2011, a 14.4% increase ($568 million) from 2010, and up 45.6% from 2000. U.S. imports from Honduras are up 20.0% from 2005 (Pre-FTA).
The five largest import categories in 2011 were: Knit Apparel ($2.2 billion), Woven Apparel ($471 million), Electrical Machinery ($450 million), Edible Fruit and Nuts (mostly bananas) ($240 million), and Spice, Tea, and Coffee (mostly coffee) ($234 million).
U.S. imports of agricultural products from Honduras totaled $590 million in 2011. Leading categories include: coffee (unroasted) ($231 million), bananas and plantains ($182 million), and fresh fruit ($56 million).
Trade Balance
The U.S. goods trade surplus with Honduras was $1.6 billion in 2011, a 143% increase ($965 million) over 2010.
Historical Trade Data Note: FTA entered into force April 1, 2006
U.S. Goods Trade with Honduras (in billions of dollars)
|
1980 |
1990 |
1994 |
2000 |
2005 |
2008 |
2009 |
2010 |
2011 |
Balance |
-0.0 |
0.1 |
-0.1 |
-0.5 |
-0.5 |
0.8 |
0.05 |
0.7 |
1.6 |
Exports |
0.4 |
0.6 |
1.0 |
2.6 |
3.3 |
4.8 |
3.4 |
4.6 |
6.1 |
Imports |
0.4 |
0.5 |
1.1 |
3.1 |
3.7 |
4.0 |
3.3 |
3.9 |
4.5 |
Investment
U.S. foreign direct investment (FDI) in Honduras (stock) was $1.0 billion in 2010 (latest data available), up 18.0% from 2009.
The distribution of U.S. direct investment in Honduras is mostly in the manufacturing sector.
Honduras FDI in the United States (stock) was $7 million in 2010
NOTE: No services trade data with Honduras is available.
2/17/12