During the first month of the year, the trade balance recorded a deficit of $473 million, resulting in a 10.7% increase over the $427 million reported in January 2018.
In January 2019, the general merchandise trade balance registered a deficit of $472.5 million, $45.4 million higher than that recorded in the same month of 2018, as a result of: imports that totaled $823 million ($15.8 million less than those of January 2018), compared to exports that reflected a value of $350.5 million ($61.2 million lower than those of the same month of the previous year), informed the Central Bank of Honduras (BCH).
Last year, the trade balance registered a deficit of $6.122 million, resulting in a 19% increase over the $5.149 million reported in 2017.
From the Central Bank of Honduras report:
At the end of 2018, FOB exportations of general merchandise accumulated a value of US$4,373.2 million, lower by 3.6% (US$162.6 million) regarding the shown in 2017, mainly because of the decrease in sales of coffee, palm oil, sugar, gold and shrimp; behavior fundamentally associated to the decrease experienced in international prices.
Between January and October of this year, sales abroad totaled $3.785 million, registering a decrease of almost 3% compared to the total accumulated in the same period of 2017.
The Central Bank of Honduras reported that in the first ten months of the year the value of exports totaled US$3,784.6 million, showing a 2.8% decrease (US$107.9 million) compared to October 2017, evolution basically related to the reduction in sales of coffee, palm oil, used gold accessories and shrimp, partly reduced by greater external shipments of paper and cardboard, zinc and plastic and their manufactures.
Between January and September of this year, sales abroad totaled $3,499 million, registering a decrease of almost 3% compared to the cumulative figure for the same period in 2017.
The Central Bank of Honduras reported that by the third quarter of 2018, FOB exports of general merchandise totaled US$3,499.2 million, lower by 2.8% (US$101.6 million) compared to September 2017, mostly because of a decrease in sales of coffee, palm oil, used gold accessories and shrimp; a result that was partially balanced by the increase in external shipments of paper and cardboard, zinc and plastic and their manufactures.
Petroleum products, iron and steel, food and pharmaceutical products, headed last year's purchases from companies in the South American nation from Central American countries.
Figures from the Central American-Ecuador Trade Information System complied by the Business Intelligence Unit at CentralAmericaData: [GRAPHIC caption = "Click to interact with the graph"]
Plastic articles, pharmaceutical products and food preparations last year led the commercial exchange between companies from the Caribbean nation and Central American countries.
Figures from the information system of Commerce between Central America and the Dominican Republic, compiled by the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Fuels, plastic goods and pharmaceutical products led last year's imports made by Central American companies in the South American nation.
Figures from the information system of Commerce between Central America and Colombia, from the Trade Intelligence Area of CentralAmericaData:[GRAFICA caption="Click to interact with graphic"]