Honduras recorded a trade deficit of 627.40 USD Million in May of 2021. source: Consejo Monetario Centroamericano

Balance of Trade in Honduras averaged -253.01 USD Million from 1990 until 2021, reaching an all time high of 40.10 USD Million in February of 1997 and a record low of -659.50 USD Million in November of 2018. This page provides the latest reported value for - Honduras Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Honduras Balance of Trade - values, historical data and charts - was last updated on August of 2021.

Balance of Trade in Honduras is expected to be -410.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Honduras Balance of Trade is projected to trend around -470.00 USD Million in 2022, according to our econometric models.

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Honduras Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-627.40 -540.70 40.10 -659.50 1990 - 2021 USD Million Monthly

Honduras Trade Last Previous Highest Lowest Unit
Balance of Trade -627.40 -540.70 40.10 -659.50 USD Million [+]
Current Account -92.60 604.50 604.50 -810.80 USD Million [+]
Current Account to GDP 4.00 -1.40 4.00 -15.20 percent of GDP [+]
Imports 1108.29 997.94 1108.29 58.70 USD Million [+]
Exports 480.89 457.24 499.74 44.90 USD Million [+]
External Debt 10857.70 10833.30 11025.00 2703.90 USD Million [+]
Remittances 619.30 669.60 669.60 11.90 USD Million [+]
Gold Reserves 0.69 0.69 0.69 0.67 Tonnes [+]
Foreign Direct Investment 95.10 24.90 922.20 -194.70 USD Million [+]
Capital Flows 163.80 153.60 1188.20 -479.60 USD Million [+]
Terrorism Index 2.02 0.99 3.69 0.08 [+]

Honduras Balance of Trade
Honduras' systemic trade deficit is the consequence of the country's need to import fuels and high added value goods. The country is a net exporter of agricultural products such as coffee, bananas and cultivated shrimps. Honduras' main trading partner is the United States with 34 percent of imports and 41 percent of exports. Others include Mexico, Guatemala and El Salvador.