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Honduras
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Top Exports
Honduras has a diverse export economy, with key sectors including agriculture, manufacturing, and mining. In 2023, the country's total exports were valued at approximately $13.34 billion, a 20.38% increase from 2022. citeturn0search9 While comprehensive data detailing the top 20 export categories is not readily available, the following are some of the primary exports based on available information: 1. **Coffee (HS Code: 0901)**: Coffee, whether roasted or decaffeinated, along with coffee husks and skins, constitutes approximately 20% of Honduras's total exports, valued at about $1.48 billion in 2023. citeturn0search3 2. **Electrical Machinery and Equipment (HS Code: 8544)**: Insulated wires, cables, and other electrical conductors account for 17% of exports, amounting to $1.22 billion in 2023. citeturn0search3 3. **Animal and Vegetable Fats, Oils, and Waxes (HS Code: 1511)**: Palm oil and its fractions, whether refined or not, make up approximately 6.92% of exports, valued at $496 million in 2023. citeturn0search3 4. **Fish and Crustaceans (HS Code: 0306)**: Exports of fish, including crustaceans, mollusks, and other aquatic invertebrates, represent 4.74% of total exports, valued at $339 million in 2023. citeturn0search3 5. **Edible Fruits and Nuts (HS Code: 0803)**: Bananas, including plantains, fresh or dried, constitute 3.26% of exports, valued at $234 million in 2023. citeturn0search3 6. **Tobacco and Manufactured Tobacco Substitutes (HS Code: 2401)**: These products account for 3.31% of exports, valued at $237 million in 2023. citeturn0search3 7. **Plastics and Articles Thereof (HS Code: 39)**: Plastics and related products make up 3.1% of exports, valued at $222 million in 2023. citeturn0search3 8. **Residues and Waste from the Food Industries; Prepared Animal Feed (HS Code: 23)**: These products represent 2.69% of exports, valued at $193 million in 2023. citeturn0search3 9. **Gems, Precious Metals, and Articles Thereof (HS Code: 71)**: Natural or cultured pearls, precious or semi-precious stones, and related articles account for 2.45% of exports, valued at $176 million in 2023. citeturn0search3 10. **Iron and Steel (HS Code: 72)**: Exports of iron and steel products make up 2.42% of total exports, valued at $173 million in 2023. citeturn0search3 These top ten export categories collectively account for approximately 73% of Honduras's total export value. Notably, between 2019 and 2023, electrical machinery and equipment experienced significant growth, increasing by 747%, while plastics and plastic articles saw a 406.4% rise in export value. citeturn0search0 Additional significant exports from Honduras include: - **Textiles and Garments**: The textile industry is a major export sector, accounting for about 40.5% of total exports, valued at $3.68 billion in 2022. citeturn0search4 - **Gold**: Gold exports are notable, with the country exporting refined and unrefined gold, contributing significantly to export revenues. citeturn0search10 - **Shrimp and Seafood**: The fishing and aquaculture industries are vital, with shrimp exports valued at approximately $500 million in 2022. citeturn0search10 - **Palm Oil**: Palm oil exports are significant, valued at about $250 million in 2022. citeturn0search10 - **Melons and Other Fruits**: Exports of melons and other fruits contribute notably to the agricultural export sector. citeturn0search10 - **Sugar**: Sugar exports benefit from favorable weather conditions and the country's fertile soil. citeturn0search10 These additional categories highlight Honduras's diverse export portfolio, emphasizing its strengths in agriculture, manufacturing, and mining sectors.