Honduras import Statistics

Honduras Import Data

The Republic of Honduras is another name for Honduras. Central America is where the country is located. Honduras borders several nations, including Cuba, Mexico, Guatemala, El Salvador, and Colombia. According to the complexity index, the nation is ranked 94th in the entire globe. According to Honduras trade statistics, Honduras is ranked 86th out of 226 nations in terms of total imports in 2023. In today's globalized economy, accurate and up-to-date import data plays a crucial role in understanding market dynamics, making informed business decisions, and staying competitive. 

According to Honduras import data, the country imported $17.4 billion worth of goods in 2023. Comparing the previous year to 2023, Honduras saw a 4% increase in goods imports. Based on Honduras shipment data for 2023, mineral fuels and oils are the biggest imports of Honduras, while the USA is its top import partner, as per the data on Honduras import partners. The total GDP of Honduras is $34.40 billion, with a GDP import share of 64.8%. Honduras is part of major trading blocs such as the WTO, SIECA, CAFTA, and CAFTA-DR. Let us explore the relevance and significance of Honduras imports data in 2023, shedding light on its importance for businesses operating in and dealing with the country and various import trends based on Honduras B/L data for top Honduras imports, Honduras importers database, and Honduras import partners.

 Honduras Import Data & Bill of Lading Report

86

The country has been ranked 86th in global imports, showing a significant position in the international trade landscape and import market.

0.1%

With a mere 0.1% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

USA

The USA holds a significant role as the largest import partner of the country in terms of goods imports and import share.

MINERAL FUELS AND OILS

Mineral fuels and oils are the biggest import commodities of the country, playing a vital role in its economy.

Please select a country or provide either a description or HS Code.
import

Top 10 Imports of Honduras | Honduras Imports by HS Code

Honduras, a vibrant Central American country, engages in trade with various nations around the world. When it comes to imports, Honduras sources a diverse range of products that contribute to its economic growth. The top 10 imports of Honduras in 2023, according to Honduras import data and Honduras trade data are:

  • Mineral fuels and oils (HS code 27): 18.06% ($2.59 billion)
  • Vehicles (HS code 87): 10.41% ($1.49 billion)
  • Nuclear reactors and machinery (HS code 84): 7.28% ($1.04 billion)
  • Electrical machinery and equipment (HS code 85): 7.2% ($1.03 billion)
  • Pharmaceutical products (HS code 30): 5.36% ($771.16 billion)
  • Iron and steel (HS code 72): 4.69% ($674.55 billion)
  • Plastics and articles thereof (HS code 39): 3.89% ($559.26 billion)
  • Miscellaneous edible preparations (HS code 21): 3.17% ($455.58 billion)
  • Cereals (HS code 10): 3.17% ($455.23 billion)
  • Prepared animal fodder (HS code 23): 2.99% ($430.52 billion)
  • Partners

    Top 10 Import Partners of Honduras | Honduras Imports by Country

    When it comes to import partners, Honduras has strong trade ties with several countries. The top 10 import partners of Honduras benefit the country from a diverse range of products. The USA is the biggest import partner of Honduras. Honduras’s top 10 import partners in 2023 based on Honduras shipment data and Honduras trade activities include:

    Value In Percentage(%)

  • USA: 35.4% (5.08 billion US$)
  • China: 16.3% (2.33 billion US$)
  • Mexico: 7.2% (1.03 billion US$)
  • Guatemala: 5.3% (757.82 million US$)
  • El Salvador: 4.1% (594.97 million US$)
  • Costa Rica: 3.7% (526.94 million US$)
  • Japan: 2.3% (329.07 million US$)
  • Brazil: 2% (283.87 million US$)
  • India: 1.8% (252.52 million US$)
  • Germany: 1.5% (211.02 million US$)
  • Sample Data

    Understanding Honduras Bill of Lading Data for Imports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Honduras import data under the Bill of Lading database refers to the information and statistics collected, compiled, and analyzed by organizations such as customs departments, trade bodies, and market research firms for the goods entering Honduras. It provides insights into the import activities and trends of goods and services entering Honduras from other countries. By analyzing this data on Honduras imports and exports, businesses can gain valuable intelligence about market demand, competitor activities, tariff regulations, and potential business opportunities. According to Honduras bill of lading data for imports, the country imported $17.4 billion worth of goods in 2023. The information we give you on Honduras' import data and import statistics is really helpful and educational. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from establishments, shipping corporations, and approved ports in Honduras.  We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, this bill of lading trade data is crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and product descriptions to the quantity of each product. We have included a sample of the B/L data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. So, as you can see, in this bill of lading report, we also include the number of goods needed to be imported/exported, HS codes, Honduras importers database, the product description, quantity, importer/exporter name, and port name from the country's shipment data. In this comprehensive bill of lading database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    Benefits

    Benefits of Honduras Import Data

  • Expand your business into the Honduras import Market.
  • View Honduras's most recent product demand.
  • Acquire exclusive import trends in Honduras.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Honduras.
  • Create more ROI and business goals for the future.
  • Frequently Asked Questions!!

    Honduras import data refers to the total amount and value of goods and services that the country has brought in from other countries.

    According to Honduras trade records for 2023, Honduras imports a variety of goods, including machinery, vehicles, electrical equipment, mineral fuels, pharmaceutical products, and food products.

    Based on Honduras trade activities for 2023, the top countries that Honduras imports from are the United States, China, Mexico, Guatemala, and El Salvador.

    Honduras' import data for 2023 may vary from previous years depending on the economic situation and trade agreements with other countries. It has shown an increase of 4% in 2023 as compared to the previous year.

    Import data has a significant impact on Honduras' economy as it affects the country's trade balance, employment, and overall economic growth. High import levels can indicate strong consumer demand and a growing economy, but it can also lead to a trade deficit and dependency on foreign goods.

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