USA
↔
Honduras

USA-Honduras Bilateral Trade Analysis 2023

Complete trade statistics: $11.95B total volume •USA surplus: $515.97M

USA → Honduras

$6.23B

Exports (2023)

Honduras → USA

$5.72B

Imports (2023)

Trade Balance

$515.97M

Surplus for USA

Total Trade

$11.95B

Combined Volume

Trade Flow Visualization

Direct trade relationship between USA and Honduras. Green line shows exports from USA, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the USA-Honduras commercial relationship and competitive positioning in global markets.

USA → Honduras Exports

$6.23B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
29.7% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$1.85B
29.7% of exports
2Cotton yarn: (not sewing thread), single, of uncombed fibres, 85% or more by weight of cotton, less than 714.29 but not less than 232.56 decitex (exceeding 14 but not exceeding 43 metric number), not for retail sale
$326.44M
5.2% of exports
3Yarn: (not sewing thread), of polyester staple fibres, mixed mainly or solely with cotton, not put up for retail sale
$302.36M
4.8% of exports
4Cereals: maize (corn), other than seed
$232.76M
3.7% of exports
5Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
$200.16M
3.2% of exports
6Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
$136.39M
2.2% of exports
7Meat: of swine, n.e.c. in item no. 0203.2, frozen
$113.65M
1.8% of exports
8Clothing: worn, and other worn articles
$93.09M
1.5% of exports
9Cereals: wheat and meslin, other than durum wheat, other than seed
$84.08M
1.3% of exports
10Electrical apparatus: n.e.c. in heading no. 8536, for switching or protecting electrical circuits, for a voltage not exceeding 1000 volts
$74.24M
1.2% of exports

🎯 Strategic Export Focus

USA's export portfolio to Honduras demonstrates strong diversification across multiple sectors, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

Honduras → USA Imports

$5.72B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
18.2% concentration
1Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
$1.04B
18.2% of imports
2T-shirts, singlets and other vests: of cotton, knitted or crocheted
$606.75M
10.6% of imports
3Jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted
$526.95M
9.2% of imports
4Coffee: not roasted or decaffeinated
$450.39M
7.9% of imports
5Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted
$393.94M
6.9% of imports
6Fruit, edible: bananas, other than plantains, fresh or dried
$247.73M
4.3% of imports
7Metals: gold, non-monetary, unwrought (but not powder)
$131.69M
2.3% of imports
8T-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted
$123.69M
2.2% of imports
9Hosiery and footwear: without applied soles, of cotton, knitted or crocheted (excluding graduated compression hosiery, panty hose, tights, full or knee-length hosiery measuring per single yarn less than 67 decitex)
$104.71M
1.8% of imports
10Cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto
$103.27M
1.8% of imports

📦 Import Strategy Analysis

USA's import pattern from Honduras reveals strategic sourcingin insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

USA demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Honduras, leveraging comparative advantages.

Export Leader in 20+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $11.95B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: USA-Honduras Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $11.95 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: USA maintains a surplus of $515.97 million
  • Export Focus: USA's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, cotton yarn: (not sewing thread), single, of uncombed fibres, 85% or more by weight of cotton, less than 714.29 but not less than 232.56 decitex (exceeding 14 but not exceeding 43 metric number), not for retail sale, yarn: (not sewing thread), of polyester staple fibres, mixed mainly or solely with cotton, not put up for retail sale
  • Import Dependencies: Key imports from Honduras include insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, t-shirts, singlets and other vests: of cotton, knitted or crocheted, jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $11.95B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with USA leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

USA's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Honduras's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $11.95B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
🔮

Trade Relationship Outlook

The $11.95B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $11.95 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
🏭

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

USA's trade surplus of $515.97 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in cotton yarn: (not sewing thread), single, of uncombed fibres, 85% or more by weight of cotton, less than 714.29 but not less than 232.56 decitex (exceeding 14 but not exceeding 43 metric number), not for retail sale present expansion opportunities.
Market Diversification
Beyond current focus on insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between USA and Honduras represents a total trade volume of $11.95 billion in 2023. This partnership demonstrates a favorable trade balance for USA, with exports exceeding importsby $515.97 million.

Export Strengths

USA's exports to Honduras total $6.23 billion, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $1.85B or29.7% of bilateral exports.

Import Dependencies

Imports from Honduras amount to $5.72 billion, highlighting economic interdependence in insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, with Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships comprising18.2% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates USA's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between USA and Honduras in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023