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Trade between Guatemala and Honduras

In 2024, Guatemala exported $1.3 billion to Honduras and imported $704 million. Guatemala ran a surplus of $624 million with Honduras, compared with a surplus of $383 million in 2019. Honduras was Guatemala’s 5th largest trading partner (4% of its trade), and Guatemala was Honduras’ 3rd (7%).

Summary

Guatemala → Honduras
$1.3billion
Honduras → Guatemala
$704million
Guatemala’s balance
$624million

Balance

Guatemala’s trade balance with Honduras

Trade between Guatemala and Honduras grew 11.2-fold since 1995

USD billions (current). Guatemala’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.3
  • Imports 0.7
  • Balance +0.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$127 million$54 million$73 million
1996$139 million$47 million$92 million
1997$174 million$72 million$102 million
1998$226 million$103 million$123 million
1999$225 million$88 million$137 million
2000$242 million$104 million$138 million
2001$259 million$135 million$124 million
2002$261 million$99 million$161 million
2003$274 million$102 million$171 million
2004$324 million$120 million$204 million
2005$395 million$106 million$289 million
2006$350 million$84 million$266 million
2007$608 million$281 million$327 million
2008$737 million$353 million$383 million
2009$671 million$160 million$511 million
2010$712 million$313 million$400 million
2011$737 million$342 million$396 million
2012$735 million$371 million$363 million
2013$791 million$395 million$396 million
2014$782 million$426 million$356 million
2015$858 million$382 million$475 million
2016$867 million$334 million$533 million
2017$912 million$386 million$526 million
2018$807 million$426 million$380 million
2019$861 million$478 million$383 million
2020$849 million$495 million$353 million
2021$1.1 billion$667 million$479 million
2022$1.6 billion$617 million$961 million
2023$1.3 billion$617 million$698 million
2024$1.3 billion$704 million$624 million

What they sell each other

What Guatemala sells to Honduras

The top 10 headings in 2024, with their share of the total.

  1. 1 thousand tonnes
  2. Cotton yarn$68 million · 5.1%
    18 thousand tonnes
  3. Steel bars$61 million · 4.6%
    72 thousand tonnes
  4. Sauces and condiments$49 million · 3.7%
    17 thousand tonnes
  5. Soft drinks$40 million · 3%
    76 thousand tonnes
  6. Pet and animal feed$37 million · 2.8%
    37 thousand tonnes
  7. Ice cream$37 million · 2.8%
    12 thousand tonnes
  8. Toilet paper and tissues$35 million · 2.6%
    15 thousand tonnes
  9. Welded steel pipes$35 million · 2.6%
    33 thousand tonnes
  10. Bread, biscuits and pastries$35 million · 2.6%
    17 thousand tonnes

What Honduras sells to Guatemala

The top 10 headings in 2024, with their share of the total.

  1. Other food preparations$52 million · 7.4%
    164 tonnes
  2. 17 thousand tonnes
  3. Soap$40 million · 5.7%
    30 thousand tonnes
  4. Cables and wire$33 million · 4.7%
    2 thousand tonnes
  5. Cotton yarn$33 million · 4.6%
    8 thousand tonnes
  6. Plastic packaging$26 million · 3.7%
    15 thousand tonnes
  7. Ferrous scrap$26 million · 3.7%
    73 thousand tonnes
  8. Other knitted fabric$22 million · 3.1%
    3 thousand tonnes
  9. Steel bars$21 million · 3%
    26 thousand tonnes
  10. Pet and animal feed$17 million · 2.4%
    15 thousand tonnes

How it travels

Estimated sea route from Santo Tomás de Castilla to Puerto Cortés.

The estimated sea route between Santo Tomás de Castilla and Puerto Cortés is 57 nautical miles (106 km) long: ≈ 0.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$558 million · 27.5%
  2. Land$1.5 billion · 72.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Honduras was Guatemala’s 5th largest trading partner (4% of its trade), and Guatemala was Honduras’ 3rd (7%).

Honduras in Guatemala’s trade
4.2%
Honduras’ rank among Guatemala’s partners
5th
Guatemala in Honduras’ trade
7.1%
Guatemala’s rank among Honduras’ partners
3rd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.