Honduras (HND)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Honduras - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | USA (USA) | 46.8% $3.26B | 34.1% $4.94B | 38.2% $8.20B |
| 2 | China (CHN) | 0.5% $37.05M | 17.6% $2.56B | 12.1% $2.59B |
| 3 | Mexico (MEX) | 4.8% $337.57M | 7.3% $1.06B | 6.5% $1.40B |
| 4 | Guatemala (GTM) | 6.7% $466.97M | 5.2% $749.96M | 5.7% $1.22B |
| 5 | El Salvador (SLV) | 6.8% $473.05M | 4.1% $600.36M | 5.0% $1.07B |
| 6 | Costa Rica (CRI) | 2.0% $141.51M | 3.5% $503.00M | 3.0% $644.51M |
| 7 | Germany (DEU) | 3.8% $266.12M | 1.8% $258.48M | 2.4% $524.60M |
| 8 | Nicaragua (NIC) | 5.5% $382.05M | 0.7% $104.17M | 2.3% $486.22M |
| 9 | India (IND) | 0.5% $32.93M | 1.8% $263.58M | 1.4% $296.52M |
| 10 | Brazil (BRA) | 0.0% $0 | 2.0% $294.58M | 1.4% $294.58M |
- In 2024, Honduras recorded $7.0B in exports and $14.5B in imports, leading to a total trade volume of $21.5B and a trade deficit of -$7.5B.
- The nation ranked 87th in total trade, 91st in exports, and 82nd in imports globally.
- The country's top export partner was the United States, which accounted for 46.8% of all exports with a value of $3.3B.
- For imports, the United States was also the largest source, providing 34.1% of all imported goods, valued at $4.9B.
- The top export category was Electrical machinery (HS2 85), valued at $1.4B, representing 20.1% of the country's total exports.
- The most significant import category was Mineral fuels (HS2 27), with an import value of $2.6B, representing 17.8% of total imports.
Honduras's Trade Performance in 2024
In 2024, Honduras engaged in $21.5B of total trade, ranking 87th worldwide. The nation's exports were valued at $7.0B and its imports at $14.5B, which created a trade deficit of -$7.5B. The country's export performance placed it at rank 91, while its import activities ranked 82nd globally.
Top Trading Partners
Honduras's primary trading relationships are centered on a few key nations. The top export destination was the United States, receiving goods valued at $3.3B (46.8% share). Other significant export markets included El Salvador ($473.0M) and Guatemala ($467.0M). On the import side, the United States was the leading supplier, accounting for $4.9B or 34.1% of imports. China followed, providing goods worth $2.6B.
Major Traded Goods
The leading export product for Honduras in 2024 was Electrical machinery and equipment (HS2 85), which amounted to $1.4B, or 20.1% of total exports. The second-largest export was Coffee, tea, mate and spices (HS2 09), valued at $1.3B. In terms of imports, the most significant category was Mineral fuels and oils (HS2 27) with a value of $2.6B, making up 17.8% of the total. Vehicles (HS2 87) were the second most imported product group, valued at $1.6B.
Exports
Honduras - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Honduras - export composition by product categories (Exports), 2024 (USD)
Honduras - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Honduras - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.