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Honduras Net Trade (Goods & Services, BoP)

Honduras' net trade (goods & services, bop) rose to $-8.88 billion in 2024, up from $-8.12 billion in 2023, according to World Bank. This represents an increase of 9.4% ($760.75 million) from the previous year. Honduras has net trade (goods & services, bop) lower than the global median (-$8.88 billion vs median -$215.12 million). Compared with the median in Americas, Honduras is lower (-$8.88 billion vs regional median -$131.64 million) and ranks 35th out of 39 countries in Americas.

Yearly Historical Data (1974-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 -8.88
2023 -8.12
2022 -8.59
2021 -6.82
2020 -3.67
2019 -4.58
2018 -4.88
2017 -3.53
2016 -3.18
2015 -3.39
2014 -3.4
2013 -3.81
2012 -3.6
2011 -3.57
2010 -2.84
2009 -2.56
2008 -4.58
2007 -3.39
2006 -2.32
2005 -1.73
2004 -1.5
2003 -1.18
2002 -0.83
2001 -0.94
2000 -0.83
1999 -0.78
1998 -0.39
1997 -0.32
1996 -0.33
1995 -0.22
1994 -0.32
1993 -0.27
1992 -0.19
1991 -0.12
1990 -0.09
1989 -0.13
1988 -0.12
1987 -0.12
1986 -0.07
1985 -0.18
1984 -0.22
1983 -0.11
1982 -0.06
1981 -0.18
1980 -0.19
1979 -0.09
1978 -0.09
1977 -0.07
1976 -0.06
1975 -0.1
1974 -0.12
Honduras Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Honduras, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $7.17B $4.98B 2023
Annual Imports $14.38B $11.63B 2023
Exports (% GDP) 33.55% 37.37% 2024
FDI Inflows (% GDP) 3.53% 3.16% 2024
Imports (% GDP) 57.56% 61.42% 2024
Tariff Rate 1.63% 3.36% 2022
Trade (% GDP) 91.11% 98.79% 2024