Honduras
U.S. Trade with Honduras in 2022
Export Market Rank
#24 Among U.S. Agricultural Export Markets
Total Export Value
$1.35 Billion
3-Year Average
$1.08 Billion
Compound Average Growth
8.5% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Honduras in 2022
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Corn | $293.4 Million | 940,499 | $128.91 Million | 353% |
| Soybean Meal | $186.34 Million | 364,997 | $112.29 Million | 105% |
| Wheat | $129.67 Million | 316,963 | $76.83 Million | 63% |
| Pork & Pork Products | $106.81 Million | 45,701 | $66.47 Million | 102% |
| Dairy Products | $93.74 Million | 24,791 | $35.18 Million | 516% |
| Beer | $84.05 Million | --- | $28.83 Million | 987% |
| Cotton | $61.87 Million | 21,719 | $17.97 Million | 602% |
| Rice | $42.22 Million | 130,081 | $53.46 Million | -9% |
| Other Feeds, Meals & Fodders | $38.54 Million | 36,139 | $20.56 Million | 306% |
| Poultry Meat & Prods. (excl. eggs) | $29.11 Million | 14,696 | $24.13 Million | 141% |
Data and Analysis
International Agricultural Trade Report
Opportunities for U.S. Consumer-Oriented Products in CAFTA-DR and Panama
The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR)[1] region and Panama combine to represent the seventh-largest market for U.S consumer-oriented products, totaling $3.7 billion in 2022.
In 2022 Honduras has made no modifications or changes to its existing regulatory framework. As of October 2022, Honduras had more than 52,000 hectares (ha) of genetically engineered (GE) Corn production, a 37 percent increase from calendar 2021.
U.S. exporters enjoy a strong position in the Honduran market, thanks to the CAFTA-DR agreement. More than 95 percent of U.S. industrial and commercial goods can enter the country duty free, with the remaining tariffs to be phased out by 2025. Import tariffs for rice and chicken leg quarters will be eliminated in 2023, as well as for dairy products in 2025.
News and Features
March 20, 2023
News Release
USDA Trade and Foreign Agricultural Affairs Under Secretary Taylor Kicks Off Central America-Dominican Republic Trade Mission to Panama
USDA's Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor arrived in Panama City today to launch an agribusiness trade mission. Taylor and a delegation of representatives from agribusiness and farm organizations and state departments of agriculture look to develop stronger ties and build economic partnerships between the United States and Panama and markets throughout CAFTA-DR region.
March 7, 2023
News Release
Trade and Foreign Agricultural Affairs Under Secretary to Lead Trade Mission to Panama
USDA's Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor will lead a delegation of 26 agribusinesses and farm organizations to Panama City, Panama, from March 19 to 23.