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Honduras Trade Profile '21

Page 1

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products


Honduras

Honduras

GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)

23 691 2 472 2.8 926 37.5

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

93 69 96 70

Imports

93 69 106 80

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b. Merchandise imports, f.o.b.

Annual percentage change

2020 7 683 10 241 2020 0.04

Share in world total exports (%)

2010-2020 2 1

2019 2 -3

2020 -13 -16 2020 0.06

Share in world total imports (%)

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 26.8

Fuels and mining products: 1.2

Agricultural products: 15.3

Fuels and mining products: 14.1

Manufactures: 58.9

Other: 13.1

Manufactures: 66.9

Other: 3.8

By main destination, % (2019)

By main origin, % (2019)

United States of America: 33.3 El Salvador: 6.3 Guatemala: 3.9

European Union: 18.7 Nicaragua: 4.4 Other: 33.4

United States of America: 36.2 Mexico: 7.9 Guatemala: 5.3

China: 16.1 European Union: 6.2 Other: 28.2

Agricultural Products Value

Top exported products (Million US$) HS0901 HS0803 HS1511 HS0807 HS1701

2019 . 956 237 144 116 67

Coffee Bananas, including plantains Palm oil and its fractions Melons and papaws, fresh Cane or beet sugar

Value

Top imported products (Million US$) HS2106 HS1005 HS2304 HS2309 HS2202

2019

Other food preparations Maize (corn) Solid residues from soya-bean oil Preparations of a kind used in animal feeding Waters containing added sugar

170 145 92 90 78

Share in economy's trade in agricultural products Exports 0%

Imports 50%

0%

HS0901

HS2106

HS0803

HS1005

HS1511

HS2304

HS0807

HS2309

HS1701

HS2202

5%

10%

15%

Million US$ Exports Imports

Value

2019 2 017 1 702

Annual percentage change

2010-2019 3 4

2018 -12 12

2019 -15 -3

Non-Agricultural Products Value

Top exported products (Million US$) HS0306 HS8544 HS7108 HS4819 HS3401

Crustaceans whether in shell or not Insulated electric conductors Gold Cartons, boxes, cases, bags Soap

2019

Top imported products (Million US$)

177 140 84 51 51

HS2710 HS3004 HS8525 HS8704 HS8703

Value 2019

Petroleum oils, other than crude Medicaments in measured doses Radio-telephony transmission tools Motor vehicles for goods transport Motor cars for transport of persons

1 557 433 238 214 199

Share in economy's trade in non-agricultural products Exports 0%

162

10%

Imports 20%

0%

HS0306

HS2710

HS8544

HS3004

HS7108

HS8525

HS4819

HS8704

HS3401

HS8703

10%

20%

30%

Million US$ Exports Imports

Value

2019 1 074 7 454

Annual percentage change

2010-2019 -4 3

2018 -7 9

2019 -49 -3

World Trade Organization – Trade Profiles 2021


Honduras TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports Commercial services imports

Annual percentage change

2020 1 941 1 819 2020 0.04

Share in world total exports (%) Breakdown in economy's total exports

2010-2020 -1 5

2019 6 4

2020 -33 -24 2020 0.04

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2020)

By main services item, % (2020)

Transport: 5 Other commercial services: 19.9

Travel: 9.6 Goods-related services: 65.5

Transport: 51.6 Other commercial services: 38.9

By main destination

Travel: 9 Goods-related services: 0.5

By main origin

Value

FATS sales Inward (million US$) Outward (million US$)

Annual percentage change

2020 na na

2010-2020 na na

2019 na na

2020 na na

Transport Honduras

300

World

200 100 0

2010

2013

2016

Value

Million US$ Exports Imports

2020

Transport exports (Index 2010=100)

2020 96 939

Exports By sea (2020) By air (2020) By other (2020)

Value 64 19 11

2010-2020 5 5

Share (%)

Annual percentage change 2019 1 -3

Imports By sea (2020) By air (2020) By other (2020)

66.9 20.0 11.7

2020 -34 -21

Value

Share (%)

600 130 198

63.9 13.8 21.1

Travel Honduras

200

World

Value

Million US$ Exports Imports

100 0

2010

2013

2016

2020 187 163

2010-2020 -11 -7

Annual percentage change 2019 -8 22

2020 -66 -67

2020

Travel exports (Index 2010=100)

Other Commercial Services and Goods-related Services Million US$

Exports of OCS by main item (2020) 1.2

1.0

Other commercial services Exports Imports

Other business services ICTs

39.8 58.1

Value

Personal & cultural

2010-2020

385 707

Annual percentage change

4 12

2020

Goods-related services Exports Imports

Other

2020

2010-2020

1 272 10

1 32

2019

2020

-5 4

-11 2

2019

2020

14 2

-29 2

INDUSTRIAL PROPERTY Patent applications, 2019 Residents

na

Non-residents

187

Trademark applications, 2019 Total

187

World Trade Organization – Trade Profiles 2021

Residents

2 676

Non-residents

4 862

Industrial design applications, 2018 Total

7 538

Residents

4

Non-residents

25

Total

29

163


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