What products does Honduras import?

Honduras’ main imports are fuels, consumer goods and cereals. Honduras’ main imports partner is the United States with 34 percent of total imports. Others include: Guatemala, El Salvador and Mexico.

What does Honduras import the most?

The most recent imports of Honduras are led by Refined Petroleum ($1.34B), Non-Retail Pure Cotton Yarn ($691M), Non-Retail Synthetic Staple Fibers Yarn ($435M), Packaged Medicaments ($275M), and Light Rubberized Knitted Fabric ($224M).

What is the main exports in Honduras?

Honduras’ exports mainly agricultural products such as coffee and bananas. Other exports include: shrimp, lobster, olive oil and clothes. Honduras’ main export partner is the United States with 41 percent of total exports.

What products come from Honduras?

Main agricultural export products are: coffee (47 percent), shrimps (21 percent), bananas (11 percent), melon (7 percent), lobsters (6 percent) and pineapples (3 percent).

What do we trade with Honduras?

The top export categories (2-digit HS) in 2019 were: mineral fuels ($1.3 billion), cotton ($719 million), manmade staple fibers ($527 million), electrical machinery ($374 million), and special other (returns) ($319 million).

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What Honduras famous for?

Honduras is known for its rich natural resources, including minerals, coffee, tropical fruit, and sugar cane, as well as for its growing textiles industry, which serves the international market.

What are imports and exports of Honduras?

Honduras Exports and Imports of Product Groups 2019

Honduras Raw materials exports are worth US$ 1,792 million, product share of 57.97%. Honduras Raw materials imports are worth US$ 544 million, product share of 5.94%. Honduras Intermediate goods exports are worth US$ 564 million, product share of 18.25%.

Who is the richest man in Honduras?

Net worth $ 2.31 billion Fredy Antonio Nasser Selman (born June 4, 1956) is a Honduran businessman, head of the Terra Group (Terra Group).

Is Honduras the poorest country?

Honduras is the second-poorest country in Latin America and one of the poorest in the world. Approximately 1 in 5 Hondurans are living below the poverty line, in what can be defined as extreme poverty.

What type of economy is Honduras?

Honduras has a mixed economic system which includes a variety of emerging private freedom, combined with centralized economic planning and government regulation.

What are major resources in Honduras?

The country is known for resources such as mineral (such as gold, silver, and copper), textiles, tropical fruits, sugar cane, and coffee. All the resources are utilized locally while others are exported.

What are El Salvador’s main exports?

El Salvador exports mainly manufactured products (97 percent of total sales), such as textiles, chemicals ,rubber and plastics and metallic products. The country is also a traditional exporter of sugar and coffee. The main export partner is the United States with 45 percent of total sales.

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What products does Honduras export to the US?

The main products that Honduras exported to United States were Knit Sweaters ($1.05B), Knit T-shirts ($476M), and Insulated Wire ($266M). During the last 24 years the exports of Honduras to United States have increased at an annualized rate of 5.8%, from $1.07B in 1995 to $4.15B in 2019.

Who does Honduras trade with the most?

Honduras: main trade partners 2019, by trading value

In 2019, Hondura’s most important trading partner was the United States, with a trade value that amounted to approximately 4.34 billion U.S. dollars, out of which this Central American country exported 1.03 billion U.S. dollars worth of goods.

What crops are grown in Honduras?

Important export crops other than bananas include coffee beans, tobacco, and sugarcane. Corn is the chief staple crop. Honduran farmers also plant genetically modified corn (illegal in the rest of Central America), which has helped combat food shortages and rising corn prices.