2026 Strategic Review: The Honduras Export Market

Honduras experienced significant export growth, rising from $4.66 billion in 2020 to a peak of $7.17 billion in 2023. Despite a marginal decline to $6.97 billion in 2024, the long-term trajectory remains positive, showcasing a substantial increase in total trade value over the last five years.

The export market is heavily concentrated in two primary products: HSCode 090111 ($1.26 billion) and HSCode 854430 ($1.18 billion). Together, these categories drive the majority of export revenue, followed by HSCode 151110 and HSCode 030613, highlighting the importance of these top-tier commodities to the national economy.

The United States is the dominant trade partner for Honduras, commanding a 57.28% market share with over $5.73 billion in total value. Regional partners including Nicaragua (10.07%) and El Salvador (7.45%) also represent significant markets, though they remain secondary to the primary U.S. export channel.

Colombia leads emerging partners with a remarkable 100% growth rate, doubling its export value. Regional markets including Mexico (35.16%) and Guatemala (33.76%) show robust expansion. The United Kingdom remains a vital growing European destination with 32.88% growth. This data highlights a strategic diversification toward both neighboring Latin American economies and key European trade partners.