Honduras
U.S. Trade with Honduras in 2023
Export Market Rank
#20 Among U.S. Agricultural Export Markets
Total Export Value
$1.31 Billion
3-Year Average
$1.23 Billion
Compound Average Growth
7.3% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Honduras in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Corn | $226.58 Million | 779,773 | $145.1 Million | 133% |
| Soybean Meal | $210.71 Million | 401,056 | $124.36 Million | 101% |
| Pork & Pork Products | $127.06 Million | 48,941 | $73.9 Million | 179% |
| Wheat | $101.34 Million | 294,685 | $78.98 Million | 30% |
| Rice | $87.26 Million | 210,434 | $57.79 Million | 40% |
| Dairy Products | $86.14 Million | 26,175 | $42.12 Million | 286% |
| Cotton | $77.73 Million | 31,754 | $24.75 Million | 661% |
| Beer | $46.35 Million | --- | $29.03 Million | 940% |
| Other Feeds, Meals & Fodders | $40.12 Million | 40,488 | $23.58 Million | 382% |
| Distillers Grains | $29.66 Million | 92,988 | $15.07 Million | 219% |
Data and Analysis
Sugar production and exports are projected slightly up in marketing year (MY) 2025 (October 2024 to September 2025) because of the increase in productivity yields, harvested area, and additional investments made in the sugar sector and increased exports.
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.
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.
News and Features
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.
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.