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

Guatemala: Exports Fall 2%

October 2018

In accordance with the decrease reported since the beginning of the year, sales abroad reached $7.348 million up to August, 2% less than that recorded in the first eight months of 2017.

The Banco de Guatemala report stated that the total exports of General Commerce were at US$7,347.5 million, lower by US$183.3 million (-2.4%) to the registered to August 2017 (US$7,530.8 million).

Honduran Exports: 3% Decline Up to July 2018

October 2018

Between January and July of this year, sales abroad reached $2.846 million, recording a decrease of almost 3% with respect to the cumulative figure for the same period in 2017.

From the report of the Central Bank of Honduras:

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).

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