Exports

Presidential trade commissioner Melvin Redondo said Honduras has complied with legal requirements in a US tariff review affecting 17–20% of exports and has passed a decree banning imports from forced-labor conditions to avoid a potential 12.5% increase.

Honduras's central bank reported strengthened foreign-exchange reserves driven by sustained inflows of family remittances and revenues from goods and services exports.

A 10% US tariff on Honduran imports expires July 24, and while an economist says he hopes the United States will lift the duties to strengthen trade relations, he warns that the Trump administration may pursue new protectionist measures that could raise consumer prices.

Honduras's trade deficit in goods reached $2.98 billion through May 2026, up 12.8% year-over-year, driven by rising imports and a decline in maquila (assembly-for-export) trade.

Honduras's merchandise exports reached $3.8 billion in May 2026, up 12% year-over-year, driven by higher volumes of coffee, recycled products, and bananas.

Honduras's agricultural sector expanded 4.5%, driven by increased coffee, banana, fruit, and palm oil production, while fishing grew on higher shrimp and tilapia exports.

The government approved a decree prohibiting imports of products made through forced labor, citing compliance with International Labour Organization conventions and protection of market access for Honduran exports to the United States and other key partners.

Honduras recorded a foreign-exchange surplus of $1.4 billion in the first half of 2026, led by remittances of $6.6 billion, which exceeded prior-year inflows by 12.4%.

The Inter-American Development Bank ranked Honduras among the region's fastest-growing exporters in early 2026, led by coffee, apparel manufacturing, bananas, and palm oil, though it warned of risks from market volatility and rising costs.

Honduras shipped $3.61 billion in goods in the first three months of 2026, an 11.5% year-over-year increase led by coffee, apparel manufacturing, bananas, and palm oil, according to the Inter-American Development Bank.

Honduras's banks continue attracting private-sector deposits, driven by economic activity, family remittances, and export performance, the central bank reports.

Honduras's coffee price slipped 0.8% year-over-year to $3.07 per kilogram in July, though the country remains among the world's top five coffee exporters and the crop sustains thousands of farming families.

Honduras's exports grew 2.8% quarter-over-quarter, driven by increased sales of coffee, crude oil, cigars, and services, while imports rose 2.1% due to higher purchases of industrial inputs, machinery, transport equipment, and fuel.

Honduras recorded a current-account surplus of $763.7 million in the first quarter of 2026, driven by strong family remittances and rising exports, particularly coffee.

The Central Bank's Global Real Effective Exchange Rate Index rose 2.34% year-over-year in May 2026, marking five consecutive months of improved export competitiveness driven by favorable exchange-rate movements.

Honduras's merchandise exports reached $3.61 billion in the first three months of 2026, a 11.5% year-on-year increase driven by coffee, apparel manufacturing, bananas, and palm oil, according to an Inter-American Development Bank report.

North America leads Honduras's trade, with the United States alone accounting for 46.4% of exports, followed by Europe at 20.9% and Central America at 20.3%.

Honduras's merchandise exports grew 7.3% in the first half of 2026 compared with a year earlier, driven by higher volumes of coffee and bananas and improved international prices for gold and recycled products.

Honduras's foreign-exchange inflows are growing faster than outflows, creating a positive gap driven mainly by family remittances and exports of goods and services, the Central Bank said.

Honduras faces potential US tariffs of 10–12.5% if a US trade office investigation finds forced labor in supply chains, though the government says no specific cases have been identified and frames compliance as an opportunity to strengthen labor inspection and supply-chain transparency.

Total trade between the United Kingdom and Honduras reached $298.4 million in 2025—a 26% increase over 2024—with Honduras running a strong surplus as its seafood and other exports to the UK totaled $248.4 million, the UK ambassador said during a visit to Tegucigalpa.

Honduras's private-sector council president said a 10% U.S. tariff on Honduran goods raises export costs, undercuts competitiveness, and discourages foreign investment—including from European firms—and is pushing the government to negotiate tariff reduction or elimination.