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Caribbean & Central America - January 2007 (ISSN 1741-4458)

Economic Overview: Honduras

The trade deficit in the first 11 months of 2006 came to US$3.11bn. This was US$632m higher than for the first 11 months of 2005. Imports in the first 11 months of 2006 were US$4.84bn. Exports were US$1.735bn. The annual rate of increase in imports was 20% while the annual rate of growth in exports was 11%. The biggest increase in imports was in construction materials (up 40%); consumer durables and non-durables (up 34%) and fuel (up 23%). The biggest growth in exports was in the volume of coffee exports (up 23%); silver exports (up 23%) lead exports (up 19%) and zinc exports (up 15%). Exports of shrimp were up by 18% and tilapia exports were up by 15%. 

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