Honduras Balance of TradeJune 2022 Data - 1990-2021 Historical - July Forecast

Name: Honduras Balance of Trade
Creator: TRADING ECONOMICS
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Keywords: Honduras,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Honduras recorded a trade deficit of 740.88 USD Million in March of 2022. source: Consejo Monetario Centroamericano

Balance of Trade in Honduras averaged -266.89 USD Million from 1990 until 2022, reaching an all time high of 40.10 USD Million in February of 1997 and a record low of -920.83 USD Million in November of 2021. 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 July of 2022.

Balance of Trade in Honduras is expected to be -470.00 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 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-740.88	-547.89	USD Million	Mar 2022
Current Account	-54.20	-88.80	USD Million	Mar 2021
Current Account to GDP	4.00	-1.40	percent of GDP	Dec 2020
Imports	1446.20	1036.19	USD Million	Mar 2022
Exports	705.32	488.30	USD Million	Mar 2022

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.