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How much does Honduras export?
Economy of Honduras
| Statistics | |
|---|---|
| Exports | $8.675 billion (2017 est.) |
| Export goods | coffee, apparel, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber |
| Main export partners | United States 34.5% Germany 8.9% Belgium 7.7% El Salvador 7.3% Netherlands 7.2% Guatemala 5.2% Nicaragua 4.8% (2017) |
What is the main exports in Honduras?
Honduras’ exports mainly agricultural products such as coffee and bananas. Other exports include: shrimp, lobster, olive oil and clothes. Honduras’ main export partner is the United States with 41 percent of total exports.
What is the total value of exports?
approximately 19 trillion U.S. dollars
In 2019, the global trade value of goods exported throughout the world amounted to approximately 19 trillion U.S. dollars at current prices. In comparison, this figure stood at around 6.45 trillion U.S. dollars in 2000.
What are imports and exports of Honduras?
Honduras Exports and Imports of Product Groups 2019 Honduras Raw materials exports are worth US$ 1,792 million, product share of 57.97%. Honduras Raw materials imports are worth US$ 544 million, product share of 5.94%. Honduras Intermediate goods exports are worth US$ 564 million, product share of 18.25%.
Does Honduras import or export more?
Honduras is currently our 45th largest goods trading partner with $10.3 billion in total (two way) goods trade during 2019. Goods exports totaled $5.4 billion; goods imports totaled $4.8 billion.
How much do Hondurans make?
In 2020, the national gross income per capita in Honduras amounted to around 2.2 thousand U.S. dollars, down from nearly 2.4 thousand U.S. dollars per person in the previous year.
What percent of GDP is exports?
This is an increase from 9.23 percent of the GDP of the United States in 1990….Exports of goods and services from the United States from 1990 to 2019, as a percentage of GDP.
| Characteristic | Exports as a percentage of GDP |
|---|---|
| 2019 | 11.73% |
| 2018 | 12.22% |
| 2017 | 12.09% |
| 2016 | 11.87% |
Do exports increase GDP?
When a country exports goods, it sells them to a foreign market, that is, to consumers, businesses, or governments in another country. Those exports bring money into the country, which increases the exporting nation’s GDP. That amount gets added to the country’s GDP.
What is Honduras known for producing?
Important export crops other than bananas include coffee beans, tobacco, and sugarcane. Corn is the chief staple crop. Honduran farmers also plant genetically modified corn (illegal in the rest of Central America), which has helped combat food shortages and rising corn prices.