Honduras

With a GDP of $33 billion, Honduras� total annual trade with the rest of the world averages $16 billion. The United States is Honduras� largest trading partner, purchasing more than two thirds of its total exports. These products include coffee, shrimp, bananas, gold, palm oil, fruit, lobster, and lumber. Over the past decade, imports have increased in terms of absolute dollar value, with the United States getting an increasing share. Currently, the top Honduran imports from the United States include oils and lubricants, industrial chemicals, plastic materials, paper and related products, electrical materials and equipment, and medical supplies. However, the profile of it's economy is changing, as Honduras integrates more closely into the global economy.

With a population of 8 million, Honduras is now the third largest exporter of apparel and textile products to the U.S. market, behind only Mexico and China, while ranking first among the Central American countries. With the implementation of CAFTA, the best opportunities for U.S. exports of goods and services to Honduras are in the areas of franchising, food processing, auto parts and service equipment, safety and security equipment, computers and peripherals, computer services, telecommunications, textiles and textile equipment, and electric power generation equipment. On the investment front, the Honduran government has historically been open to foreign investment with relatively limited restrictions.

For more information about Honduras, visit any of the following links:  

Doing Business In Honduras, U.S. Department of Commerce

The World Factbook, the U.S. Central Intelligence Agency.

Background Note: Honduras, U.S. Department of State

Country profile: Honduras, the BBC

The World Bank Group. Doing Business: Honduras
Florida-Origin Exports to Honduras
Florida's Merchandise Trade with Honduras