Honduras: Exports Up 17% in 2017

In 2017 exports totaled $4,564 million, 17% more than what was recorded in 2016, due to an increase in coffee and palm oil sales.

Friday, March 2, 2018

The Central Bank of Honduras (BCH) reported that the increase reported in 2017 is attributed to " ... increased sales of coffee, palm oil, shrimp, iron and its manufactures and paper and cardboard, products that together explain 89.9% of the observed annual increase.

From a report by the BCH:

In 2017, the value of FOB exports of general merchandise was US $4.5642 billion, higher by US $676.9 million (17.4%) than the amount registered in the previous year. This result is attributed to an increase in sales of coffee, palm oil, shrimp, iron and its manufactures and paper and cardboard; products that together explain 89.9% of the annual increase observed.  

CIF imports totaled US $9,684.4 million, increasing US $771.7 million (8.7%) when compared to those registered a year ago; This is explained by the increase observed in the importation of: fuels (basically due to the increase in price), raw materials and intermediate products; and capital goods, particularly for industrial activity. Consequently, the deficit of the trade balance of general merchandise was US $5.1202 billion, higher by US $94.7 million compared to what happened in 2016.  

Read full report (in Spanish).

More on this topic

Honduras: Exports Up 6%

April 2018

In January of this year the country recorded $417 million in exports, almost 6% more than in the same month last year.

From a report by the Central Bank:

The total value of FOB exports of general merchandise was US $416.9 million in January 2018, being higher by US $22.0 million (5.6%) compared to the same month in 2017. 

Honduras: Exports Up 18%

January 2018

An increase in sales of coffee, palm oil and shrimp, explained part of the 18% increase in exports reported between January and November 2017, compared to the same period in 2016.

The Central Bank of Honduras reported that the growth in exports of the first 11 months of last year, is explained by an increase in sales of coffee, palm oil, shrimp, iron and its manufactures, bananas and paper and cardboard.

Honduras: Exports Up 20%

October 2017

Coffee, palm oil and shrimp accounted for most of the YoY growth of 20% in exports recorded in August this year.

From a report by the Central Bank of Honduras: 

The value of FOB exports of general merchandise up to August 2017 was $3,280.0 million, 20.8% higher ($564.9 million) than in the same period in 2016; (60.5% of the total), the products that stand out are coffee ($1,183.8 million), palm oil ($236.6 million) and shrimp ($158.6 million).

Honduras: Agroindustrial Exports Down 6%

October 2016

As of August 2016 exports of coffee, shrimp, palm oil, sugar and vegetable and fruit preparations were worth $1.46 billion, 6% less than in the same month in 2015.

From the report "Foreign Trade General Merchandise" by the Central Bank of Honduras:

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