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How much of Honduras’ trade passes through the Panama Canal?

In 2024, an estimated $7.9 billion of Honduras’ trade passed through the Panama Canal, 37.5% of its seaborne trade. That is $1.9 billion of exports and $6 billion of imports. The partners with the most trade through it are the United States, China and Costa Rica.

Summary

Estimated value
$7.9billion
Of its seaborne trade
37.5%
Exports
$1.9billion
Imports
$6billion

Trend

Estimated value per year

Honduras’ estimated trade through the Panama Canal rose 47% between 2019 and 2024

Value in USD billions

  • Honduras 7.9

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$887 million27%
1996$1 billion27%
1997$1.4 billion28.2%
1998$1.5 billion27.9%
1999$1.5 billion29.3%
2000$1.5 billion29.8%
2001$1.4 billion29.5%
2002$1.7 billion27.7%
2003$1.9 billion27.2%
2004$2.2 billion26.8%
2005$2.4 billion28.3%
2006$2.6 billion27.6%
2007$3.2 billion29.2%
2008$3.6 billion29.4%
2009$2.7 billion28.5%
2010$3.6 billion30.6%
2011$4.9 billion31.9%
2012$5 billion31.7%
2013$4.6 billion31.1%
2014$4.7 billion31.9%
2015$4.9 billion33.1%
2016$4.6 billion32.4%
2017$4.9 billion32.2%
2018$5.3 billion33.8%
2019$5.4 billion34.1%
2020$4.6 billion33.2%
2021$6.7 billion35.2%
2022$7.2 billion32.9%
2023$8.1 billion35.9%
2024$7.9 billion37.5%

Partners whose trade crosses it

Estimated value of its trade with each partner that crosses the chokepoint; the percentage is the share of all its trade through the chokepoint, not of the pair’s trade.

  1. Honduras–United States$2.6 billion · 32.4%
  2. Honduras–China$2.5 billion · 31.8%
  3. Honduras–Costa Rica$703 million · 8.9%
  4. Honduras–El Salvador$328 million · 4.1%
  5. Honduras–Japan$292 million · 3.7%
  6. Honduras–Thailand$223 million · 2.8%
  7. Honduras–South Korea$201 million · 2.5%
  8. Honduras–Ecuador$192 million · 2.4%
  9. Honduras–Peru$159 million · 2%
  10. Honduras–Canada$154 million · 1.9%

What crosses it

The products with the highest estimated value in 2024, with their share of the total through the chokepoint.

  1. Refined petroleum$771 million · 9.7%
  2. Cables and wire$388 million · 4.9%
  3. Coffee$281 million · 3.6%
  4. Trucks$272 million · 3.4%
  5. Cars$246 million · 3.1%
  6. Coated flat steel$228 million · 2.9%
  7. Other food preparations$160 million · 2%
  8. Sweaters and pullovers$138 million · 1.7%
  9. Motorcycles$125 million · 1.6%
  10. Cotton yarn$124 million · 1.6%

Reference ports

Puerto Cortés (100%)

Each port with the weight it receives from the country’s trade, based on where its GDP is generated and which coast is closest.

Sources and method

Sources and licenses

Methodology

We estimate the value crossing each chokepoint from BACI trade that travels by sea according to our mode heuristic, split between each country’s ports by where its GDP is generated and which coast is closest, and routed over our own sea network. It is an estimate, not a count of ships. It covers 99.9% of seaborne trade. The approach follows Verschuur, Lumma and Hall (Nature Communications, 2025). Data up to 2024.

All maritime chokepoints