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Honduras, a Central American country, is known for its rich natural resources, which include minerals, and other commodities. There is also a growing textiles industry. The country’s economic growth in the last few years has averaged seven percent a year, one of the highest rates in Latin America. That and the fact that the country’s population is over eight million mean that you should want to know more about how to export from the US to Honduras.
The economy of Honduras is largely agricultural, with that sector accounting for 14 percent of the country’s GDP in 2013. As well, the Honduran maquiladora sector is the third-largest in the world, generating more than $528 million in foreign exchange annually. Honduras’ leading export, coffee, accounts for nearly a quarter of total Honduran export revenues. Honduras’ major imports are refined petroleum, pharmaceuticals, yarn, and trucks.
The US is Honduras’ main trade partner for both imports and exports. That means that if you are an exporter, it’s important that you learn more about how to export from the US to Honduras.