US trade with Honduras in the 1st quarter of 2017

Published or Updated: Jul 20, 2017

The report on US foreign trade in goods with Honduras in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Honduras

In the 1st quarter of 2017, US trade with Honduras totaled $2.5 billion, up 5.23% ($0.1 billion) from the 1st quarter of 2016.

US exports to Honduras in the 1st quarter of 2017 totaled $1.3 billion, up 6.50% ($0.1 billion) from the 1st quarter of 2016.

US imports from Honduras in the 1st quarter of 2017 totaled $1.2 billion, up 3.97% ($0.0 billion) from the 1st quarter of 2016.

US trade balance with Honduras went from a deficit of $0.0 billion in the 1st quarter of 2016, to a surplus of $0.0 billion in the 1st quarter of 2017.

Honduras was the US 44th largest trading partner in the 1st quarter of 2017 (up from 46th in the 1st quarter of 2016), accounting for 0.2659% of US total trade (down from 0.2709% in the 1st quarter of 2016).

Honduras was the US 41st largest export market in the 1st quarter of 2017 (up from 42nd in the 1st quarter of 2016), accounting for 0.3379% of US total exports (down from 0.3401% in the 1st quarter of 2016).

Honduras was the US 45th largest supplier in the 1st quarter of 2017 (down from 42nd in the 1st quarter of 2016), accounting for 0.2185% of US total imports (down from 0.2253% in the 1st quarter of 2016).

US Exports to Honduras

The major share of US exports to Honduras in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 30.65% of US total exports to Honduras (31.33% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 22.95% of US total exports to Honduras (19.22% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 17.12% of US total exports to Honduras (15.97% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 10.66% of US total exports to Honduras (12.20% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 7.83% of US total exports to Honduras (8.28% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.73% of US total exports to Honduras (3.08% in the 1st quarter of 2016).

The largest gains in US exports to Honduras in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $62.1 million;
  • Cotton (HS code 52) - an increase of $11.6 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $9.7 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $8.7 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $8.5 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $8.1 million;
  • Man-made staple fibers (HS code 55) - an increase of $7.6 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $5.1 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $4.1 million.

The largest declines in US exports to Honduras in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $18.3 million;
  • Knitted or crocheted fabrics (HS code 60) - a decrease of $8.8 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $6.8 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $5.8 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $4.2 million.
US exports to Honduras in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 997.0 0.08 1,077.9-7.51
02 Meat and edible meat offal 18,026.9 1.43 15,619.215.41
03 Fish and crustaceans, molluscs and other aquatic invertebrates 667.2 0.05 502.932.67
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2,925.0 0.23 2,556.114.43
05 Products of animal origin, not elsewhere specified or included 492.8 0.04 499.2-1.29
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 23.3 0.00 0.0
07 Edible vegetables and certain roots and tubers 1,468.1 0.12 1,785.3-17.77
08 Edible fruit and nuts; peel of citrus fruit or melons 1,878.4 0.15 1,076.974.43
09 Coffee, tea, maté and spices 217.0 0.02 213.31.70
10 Cereals 41,241.7 3.28 59,497.8-30.68
11 Products of the milling industry; malt; starches; inulin; wheat gluten 398.8 0.03 370.57.65
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 6,542.5 0.52 6,697.1-2.31
13 Lac; gums, resins and other vegetable saps and extracts 1,027.4 0.08 1,140.6-9.92
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 53.7 0.00 7.2647.99
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3,487.5 0.28 2,987.216.75
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,697.5 0.13 2,053.0-17.31
17 Sugars and sugar confectionery 699.6 0.06 1,034.9-32.40
18 Cocoa and cocoa preparations 1,603.4 0.13 2,022.8-20.73
19 Preparations of cereals, flour, starch or milk; bakers’ wares 4,878.3 0.39 4,183.716.60
20 Preparations of vegetables, fruit, nuts or other parts of plants 2,390.7 0.19 4,749.4-49.66
21 Miscellaneous edible preparations 9,784.7 0.78 13,980.7-30.01
22 Beverages, spirits and vinegar 2,102.9 0.17 2,976.1-29.34
23 Residues and waste from the food industries; prepared animal feed 26,670.7 2.12 17,931.848.73
24 Tobacco and manufactured tobacco substitutes 4,952.8 0.39 1,261.4292.64
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 452.1 0.04 747.4-39.51
26 Ores, slag and ash 17.9 0.00 112.9-84.17
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 288,433.9 22.91 226,310.227.45
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 9,260.0 0.74 6,017.953.87
29 Organic chemicals 3,993.1 0.32 5,035.7-20.70
30 Pharmaceutical products 1,021.2 0.08 1,993.1-48.76
31 Fertilizers 9,183.4 0.73 6,694.137.19
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4,764.5 0.38 4,224.512.78
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 4,730.6 0.38 4,746.4-0.33
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 3,323.2 0.26 3,169.64.85
35 Albuminoidal substances; modified starches; glues; enzymes 2,265.3 0.18 1,562.744.96
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 97.8 0.01 2.63,661.62
37 Photographic or cinematographic goods 381.7 0.03 741.0-48.49
38 Miscellaneous chemical products 10,221.0 0.81 8,441.921.07
39 Plastics and articles thereof 43,903.3 3.49 43,053.71.97
40 Rubber and articles thereof 5,362.1 0.43 12,161.5-55.91
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 303.2 0.02 712.7-57.46
43 Furskins and artificial fur; manufactures thereof 16.0 0.00 3.2396.02
44 Wood and articles of wood; wood charcoal 1,232.1 0.10 1,289.7-4.47
45 Cork and articles of cork 0.0 0.00 4.7-100.00
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 22.9 0.00 35.0-34.53
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 488.6-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 31,770.3 2.52 33,212.6-4.34
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,357.0 0.11 1,344.20.95
50 Silk 10.7 0.00 3.7190.11
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 65.6 0.01 0.0
52 Cotton 177,835.5 14.13 166,216.26.99
54 Man-made filaments 12,318.5 0.98 12,134.91.51
55 Man-made staple fibers 102,531.2 8.15 94,905.58.04
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 13,743.2 1.09 13,604.01.02
57 Carpets and other textile floor coverings 301.3 0.02 281.27.17
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 5,407.8 0.43 5,482.7-1.37
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 1,055.9 0.08 896.817.74
60 Knitted or crocheted fabrics 24,685.2 1.96 33,498.2-26.31
61 Articles of apparel and clothing accessories, knitted or crocheted 18,463.7 1.47 10,010.484.45
62 Articles of apparel and clothing accessories, not knitted or crocheted 14,015.5 1.11 19,858.3-29.42
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 13,400.0 1.06 11,173.419.93
64 Footwear, gaiters and the like; parts of such articles 1,515.1 0.12 2,039.0-25.69
65 Headgear and parts thereof 353.9 0.03 73.8379.28
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 62.1 0.00 9.6545.71
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 10.8 0.00 81.3-86.75
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,575.7 0.13 1,648.9-4.44
69 Ceramic products 214.4 0.02 1,661.0-87.09
70 Glass and glassware 521.2 0.04 1,300.7-59.93
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 3,924.5 0.31 2,720.144.28
72 Iron and steel 1,048.9 0.08 1,026.72.16
73 Articles of iron or steel 3,051.5 0.24 2,548.719.73
74 Copper and articles thereof 452.5 0.04 184.0146.00
75 Nickel and articles thereof 7.7 0.00 4.473.59
76 Aluminum and articles thereof 2,228.7 0.18 2,651.6-15.95
78 Lead and articles thereof 0.0 0.00 286.9-100.00
79 Zinc and articles thereof 6.9 0.00 52.3-86.80
80 Tin and articles thereof 44.5 0.00 7.3506.37
81 Other base metals; cermets; articles thereof 17.9 0.00 24.7-27.31
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,880.1 0.15 1,760.86.77
83 Miscellaneous articles of base metal 2,348.7 0.19 2,117.310.93
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 67,483.3 5.36 57,797.216.76
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 99,322.9 7.89 95,233.84.29
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 197.7 0.02 291.1-32.09
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 31,760.1 2.52 26,676.119.06
88 Aircraft, spacecraft, and parts thereof 228.9 0.02 647.5-64.65
89 Ships, boats and floating structures 445.2 0.04 88.6402.43
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 16,075.3 1.28 8,020.9100.42
91 Clocks and watches and parts thereof 247.4 0.02 259.5-4.64
92 Musical instruments; parts and accessories of such articles 228.8 0.02 268.6-14.82
93 Arms and ammunition; parts and accessories thereof 470.6 0.04 649.1-27.50
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 3,632.0 0.29 4,283.2-15.20
95 Toys, games and sports requisites; parts and accessories thereof 1,334.8 0.11 1,667.3-19.94
96 Miscellaneous manufactured articles 3,048.6 0.24 3,718.1-18.01
97 Works of art, collectors’ pieces and antiques 42.0 0.00 97.3-56.78

US Imports from Honduras

The major share of US imports from Honduras in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 47.94% of US total imports from Honduras (50.05% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 31.90% of US total imports from Honduras (28.48% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 12.73% of US total imports from Honduras (13.56% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 3.63% of US total imports from Honduras (3.69% in the 1st quarter of 2016).

The largest gains in US imports from Honduras in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Coffee, tea, maté and spices (HS code 09) - an increase of $34.0 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $29.2 million.

The largest declines in US imports from Honduras in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $8.0 million;
  • Sugars and sugar confectionery (HS code 17) - a decrease of $4.5 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $4.4 million.
US imports from Honduras in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
02 Meat and edible meat offal 0.0 0.00 39.3-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 36,021.6 2.91 44,065.4-18.25
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 252.4 0.02 109.3130.79
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 139.3 0.01 130.46.83
07 Edible vegetables and certain roots and tubers 25,479.5 2.06 24,654.83.35
08 Edible fruit and nuts; peel of citrus fruit or melons 186,059.8 15.06 156,891.718.59
09 Coffee, tea, maté and spices 93,629.5 7.58 59,672.156.91
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0.0 0.00 36.7-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 521.2 0.04 211.7146.23
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,094.4 0.09 439.9148.78
17 Sugars and sugar confectionery 11,876.0 0.96 16,365.9-27.43
18 Cocoa and cocoa preparations 13.1 0.00 28.8-54.72
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,689.1 0.14 1,802.1-6.27
20 Preparations of vegetables, fruit, nuts or other parts of plants 13,387.8 1.08 13,020.72.82
21 Miscellaneous edible preparations 3,621.1 0.29 2,742.032.06
22 Beverages, spirits and vinegar 1,569.0 0.13 2,102.7-25.38
23 Residues and waste from the food industries; prepared animal feed 423.3 0.03 14.52,819.30
24 Tobacco and manufactured tobacco substitutes 18,369.1 1.49 16,178.613.54
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,133.0 0.09 3,603.0-68.55
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 23.4-100.00
30 Pharmaceutical products 156.9 0.01 141.810.65
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 17.4-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 8.9 0.00 27.4-67.47
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 544.7 0.04 478.913.75
37 Photographic or cinematographic goods 0.0 0.00 3.1-100.00
38 Miscellaneous chemical products 938.1 0.08 347.4170.06
39 Plastics and articles thereof 4,870.5 0.39 4,375.211.32
40 Rubber and articles thereof 0.8 0.00 17.6-95.22
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 114.0 0.01 180.6-36.88
44 Wood and articles of wood; wood charcoal 4,781.9 0.39 6,197.0-22.84
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,728.1 0.14 1,618.46.78
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 702.0 0.06 748.1-6.17
52 Cotton 3.1 0.00 25.5-87.86
54 Man-made filaments 239.5 0.02 141.868.95
55 Man-made staple fibers 710.8 0.06 2,088.4-65.96
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 202.3 0.02 300.0-32.58
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 1,067.4 0.09 813.431.23
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.8 0.00 0.0
60 Knitted or crocheted fabrics 370.4 0.03 89.4314.21
61 Articles of apparel and clothing accessories, knitted or crocheted 470,052.5 38.04 468,105.50.42
62 Articles of apparel and clothing accessories, not knitted or crocheted 110,890.1 8.97 113,174.1-2.02
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 8,762.8 0.71 9,915.6-11.63
64 Footwear, gaiters and the like; parts of such articles 1.6 0.00 3.7-55.96
65 Headgear and parts thereof 180.6 0.01 232.0-22.15
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 569.1 0.05 592.8-4.00
69 Ceramic products 60.0 0.00 178.1-66.31
70 Glass and glassware 15.6 0.00 25.5-38.64
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 44,869.5 3.63 43,903.52.20
72 Iron and steel 86.7 0.01 25.3242.59
73 Articles of iron or steel 1,167.2 0.09 560.3108.32
74 Copper and articles thereof 386.9 0.03 201.991.63
76 Aluminum and articles thereof 2,716.8 0.22 115.82,247.00
79 Zinc and articles thereof 63.3 0.01 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 228.1 0.02 132.871.82
83 Miscellaneous articles of base metal 73.7 0.01 41.577.36
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 495.1 0.04 949.2-47.84
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 140,301.6 11.35 144,687.5-3.03
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 16,219.3 1.31 15,247.76.37
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 2.6-100.00
89 Ships, boats and floating structures 0.0 0.00 5.1-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 248.4 0.02 266.0-6.60
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 5,224.6 0.42 4,032.929.55
95 Toys, games and sports requisites; parts and accessories thereof 1,863.6 0.15 1,713.78.75
96 Miscellaneous manufactured articles 3,803.9 0.31 4,215.9-9.77
97 Works of art, collectors’ pieces and antiques 40.0 0.00 2.21,708.36
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce