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Honduras

Honduras ranked No. 47 in total trade value through October with a total of $8.61 billion. Exports totaled $4.66 billion and Imports totaled $3.95 billion, a surplus of $716.31 million.

January – October 2018

Top Trading Ports

Total Trade: $8.61 billion

RankPortTotal YTD
1Port Everglades, Fla. $1,763,055,017
2Port Miami $1,681,849,726
3Port of Gulfport, Miss. $1,017,130,968
4Port of New Orleans $742,490,764
5Port of Houston $616,687,804
6Port of Wilmington, N.C. $411,462,507
7Miami International Airport $358,425,690
8Port of Pascagoula, Miss. $291,814,423
9Port of Los Angeles $252,056,074
10Low-Valued Imports and Exports $240,522,182

U.S. trade with Honduras rose to $8.61 billion through October

Honduras’s trade with the United States rose to $8.61 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.82 percent above its total trade during the same time period last year. Honduras’s exports increased 10.08 percent while imports rose 1.19 percent. The U.S. surplus with Honduras was $716.31 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Everglades, Fla.; No. 2 Port Miami; No. 3 Port of Gulfport, Miss.; No. 4 Port of New Orleans; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 Port Everglades, Fla. No. 2 Port Miami No. 3 Port of Gulfport, Miss. No. 4 Port of Houston and No. 5 Port of New Orleans. In the current time period, the top five accounted for 67.58 percent of Honduras’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. fell 2.11 percent to $1.76 billion.
    Exports rose 0.94 percent to $686.68 million. Imports fell 3.96 percent to $1.08 billion.
  • Trade with No. 2 Port Miami rose 8.16 percent to $1.68 billion.
    Exports fell 1.33 percent to $665.91 million. Imports rose 15.44 percent to $1.02 billion.
  • Trade with No. 3 Port of Gulfport, Miss. fell 1.35 percent to $1.02 billion.
    Exports rose 5.13 percent to $495.89 million. Imports fell 6.82 percent to $521.24 million.
  • Trade with No. 4 Port of New Orleans rose 65 percent to $742.49 million.
    Exports rose 88.94 percent to $674.1 million. Imports fell 26.64 percent to $68.39 million.
  • Trade with No. 5 Port of Houston rose 28.23 percent to $616.69 million.
    Exports rose 38.52 percent to $492.04 million. Imports fell 0.82 percent to $124.65 million.

Honduras ranked No. 47 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 48.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Honduras by value through October were the categories of Gasoline, other fuels; Cotton yarn; Synthetic yarn, not retail; Low value shipments; and Petroleum gases, other gaseous hydrocarbons, respectively. They accounted for 45.21 percent of total exports to Honduras.

The value of the top five categories of U.S. imports from Honduras –– Sweaters, pullovers, vests, knit or crocheted; T-shirts, tank tops, knit or crocheted; Insulated wire, cable; Coffee; and Bananas and plantains, fresh or dried –– accounted for 55.03 percent of all inbound shipments.

Looking more closely at U.S. exports to Honduras:

  • Gasoline, other fuels rose 28.78 percent compared to last year to $942.98 million.
  • Cotton yarn fell 9.7 percent compared to last year to $457.05 million.
  • Synthetic yarn, not retail rose 24.23 percent compared to last year to $331.82 million.
  • Low value shipments rose 10.96 percent compared to last year to $240.52 million.
  • Petroleum gases, other gaseous hydrocarbons rose 8.21 percent compared to last year to $136.8 million.

Looking more closely at U.S. imports from Honduras:

  • Sweaters, pullovers, vests, knit or crocheted rose 16.57 percent compared to last year to $749.16 million.
  • T-shirts, tank tops, knit or crocheted fell 5.46 percent compared to last year to $583.71 million.
  • Insulated wire, cable rose 10.56 percent compared to last year to $455.74 million.
  • Coffee fell 29.77 percent compared to last year to $196.4 million.
  • Bananas and plantains, fresh or dried fell 0.73 percent compared to last year to $187.8 million.

In the latest annual figures available, Honduras recorded $9.66 billion in trade with the United States. At year’s end, its were Miami; Mobile; Houston; New Orleans; and Wilmington. Total U.S. exports to Honduras were $ 5.08 billion and imports from Honduras were $4.58 billion. The U.S. surplus with Honduras was $501.49 million.