Honduras Exporter Guide 2021

Report Highlights:
U.S. exporters enjoy a strong position in the Honduran market, thanks to the CAFTA-DR agreement. More than 95 percent of U.S. industrial and commercial goods can enter the country duty free, with the remaining tariffs to be phased out by 2025. Close proximity to the United States and one of the lowest logistical costs in the region positions Honduras as a distribution point for Central America. In 2020, the COVID-19 pandemic did not reduce total U.S. agricultural and related exports to Honduras, which totaled $774 million, a four percent increase from 2019. However, the pandemic did cause severe losses in the tourism and restaurant industry, and recovery has been slower than in neighboring countries. The top U.S. agricultural exports to Honduras are: corn, soybean meal, pork and pork products, wheat, and rice. Beer, pork meat, dairy, chocolate and cocoa and non-alcoholic beverages are the products with the highest export growth potential.

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