Honduras: Exporter Guide
Link to report:
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. The top U.S. agricultural exports to Honduras are corn, soybean meal, pork and pork products, wheat, and rice. Beer, pork meat, dairy, chocolate and cocoa and non-alcoholic beverages are the products with the highest export growth potential. We are experiencing a consumers push back, buying less food and trading down to less expensive items and brands. Rising inflation is forcing customers to reevaluate their budgets and make the necessary cuts to help stretch their dollars as much as possible.
