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In 2023, Honduras’s consumer-oriented imports from the United States reached $553 million, making it the second-largest importer in Central America, after Guatemala.
The total value of US agricultural exports in 2023 was USD 1.3 billion, down 4 percent from the previous year. Bulk products fell USD 53 million, while intermediate products rose USD 23 million. The main staple foods are white corn (maize), beans, and rice, with corn being consumed more than wheat or any other grain.
The French food processing industry mobilizes more than 19,000 companies, of which nearly 98 percent are small and medium sized enterprises (SMEs). The sector generates $230 billion in annual revenue, and it indirectly contributes to nearly 2 million jobs in France.
Honduras is the twenty-seventh most important export destination for consumer goods from the United States. Honduras' imports for fiscal year 2022 was $522.6 million, ranking second only to Guatemala in Central America and sixth in the Americas.
In 2022, the agri-food market in France was strongly impacted by inflation, recorded at 5.3 percent. This price increase has impacted the most modest strata of society and has cut into their ability to buy. Consumers are moving away from big brands to less expensive distributor brands.
In 2022, the French food processing sector encompasses approximately 17,300 companies ranging from small family-owned businesses to some of the world’s largest multinationals.
Honduras is the 24th largest market for U.S. agricultural exports, and the third largest market under the Free Trade Agreement (CAFTA-DR), which entered into force for Honduras in 2006.
During Covid-19, the French government designated the retail sector as essential. Retail companies were authorized to continue operations. The nationwide lockdown and the closing of restaurants gave a significant boost to the retail sector.
Honduras ranks twenty sixth as an ?export destination for consumer-oriented products from the United ??States?. Honduras’s imports were valued in US$ 462.8 million, second only to Guatemala for the Central American region, and seventh in the Americas.
The French food processing sector encompasses approximately 15,500 companies ranging from small family-owned businesses to some of the world’s largest multinationals. Widely regarded for global leadership in innovative technology, quality and marketing, French food processing companies provide employment to more than 433,000 people, generating $53 billion in export sales.
In 2021, Honduras was the 48th largest export market of U.S. totaling US$6.51 billion. The total value of Agricultural only U.S. exports was US$1.14 billion, including US$316.78 million in processed food.
During the Covid-19 pandemic the French government designated the retail sector as essential and most firms had a continuity in operations.