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LatinNews Daily - 23 October 2024

In brief: Honduras’ trade deficit widens

*Honduras’ central bank (BCH) has released new figures which show the country’s exports in the first eight months of 2024 totalled US$7.66bn, down 5.3% on the same period in 2023. Meanwhile imports totalled US$13.09bn, up 1.6% on 2023. The 2024 figures leave a trade deficit of US$5.43bn, an increase of US$633.6m (13.2%) on the same period of 2023. According to the BCH, the US remains Honduras’ main trading partner, buying Honduran exports totalling US$4.05bn (52.8% of the total), with products including clothing, bananas, coffee, and gold. The US also provided US$4.49bn in imports (34.3% of the total), with products including fuel, textile supplies, corn, vehicles, soya flour, pork, and rice.

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