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In the early 1990s, the United States was by far Honduras's leading trading partner, with Japan a distant second. United States exports to Honduras in 1992 were valued at US$533 million, about 54 percent of the country's total imports of $983 million. Most of the rest of Honduras's imports come from its Central American neighbors.
Two-way trade with Honduras in 2006 was $7.4 billion, up from $7.0 billion in 2005. For 2007 through October, Honduran exports to the United States increased 6%, and U.S. exports to Honduras increased 18% when compared to the same period in 2006. U.S. investors account for nearly two-thirds of the foreign direct investment (FDI) in Honduras.
The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Mexico is still the second largest trading partner of the United States after Canada. [1]
Bananas are one of Honduras's main exports. Banana production in Honduras plays an important role in the economy of Honduras. In 1992, the revenue generated from banana sales amounted to US$287 million and along with the coffee industry accounted for some 50% of exports. [1] [2] Honduras produced 861,000 tons of bananas in 1999. [3]
Honduras joining the coalition was largely an attempt to improve foreign relations with the United States over the issue of the migration of many thousands of Hondurans to the US. The money these migrants send back to their families in Honduras is a crucial factor in the Honduran economy, while any political strategy to help these migrants is a ...
US urges Honduras to reconsider treaty withdrawal as president warns of plot. Orfa Mejia and Brendan O'Boyle. August 29, 2024 at 5:42 PM. ... The United States, meanwhile, has long played a large ...
In 1974, Colombia, Costa Rica, Ecuador, Guatemala, Honduras, Nicaragua, and Panama joined in an attempt to form a banana-exporting country cartel focusing on exports to the North American market. [1]: 207–208 The Philippines was the only major exporter of bananas to the United States which did not join.
The USDA's Food Safety and Inspection Service said the product contains ineligible pork imports, but there were no worrying reports yet in the U.S.