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Trade between Honduras and Mexico

In 2024, Honduras exported $650 million to Mexico and imported $1.1 billion. Honduras ran a deficit of $408 million with Mexico, compared with a deficit of $513 million in 2019. Mexico was Honduras’ 5th largest trading partner (6% of its trade), and Honduras was Mexico’s 39th (0.1%).

Summary

Honduras → Mexico
$650million
Mexico → Honduras
$1.1billion
Honduras’ balance
-$408million

Balance

Honduras’ trade balance with Mexico

Trade between Honduras and Mexico grew 17.4-fold since 1995

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

  • Exports 0.6
  • Imports 1.1
  • Balance -0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$5 million$93 million-$89 million
1996$9 million$118 million-$109 million
1997$8 million$138 million-$130 million
1998$13 million$146 million-$134 million
1999$8 million$163 million-$155 million
2000$15 million$161 million-$146 million
2001$17 million$166 million-$149 million
2002$25 million$202 million-$176 million
2003$46 million$205 million-$159 million
2004$69 million$226 million-$158 million
2005$99 million$285 million-$186 million
2006$147 million$283 million-$136 million
2007$180 million$426 million-$246 million
2008$250 million$458 million-$207 million
2009$167 million$419 million-$252 million
2010$270 million$542 million-$272 million
2011$278 million$619 million-$341 million
2012$328 million$685 million-$357 million
2013$360 million$550 million-$190 million
2014$328 million$537 million-$208 million
2015$272 million$623 million-$351 million
2016$305 million$626 million-$321 million
2017$267 million$727 million-$460 million
2018$248 million$849 million-$600 million
2019$305 million$819 million-$513 million
2020$309 million$699 million-$390 million
2021$423 million$895 million-$472 million
2022$443 million$578 million-$135 million
2023$701 million$1 billion-$348 million
2024$650 million$1.1 billion-$408 million

What they sell each other

What Honduras sells to Mexico

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

  1. Cables and wire$180 million · 27.7%
    5 thousand tonnes · Mexico’s sources
  2. Palm oil$78 million · 12%
    88 thousand tonnes
  3. Sweaters and pullovers$48 million · 7.5%
    2 thousand tonnes
  4. T-shirts$44 million · 6.8%
    2 thousand tonnes
  5. 7 thousand tonnes
  6. Fragrance mixtures$33 million · 5.1%
    763 tonnes
  7. 4 thousand tonnes
  8. Auto parts$25 million · 3.8%
    1 thousand tonnes · Mexico’s sources
  9. Other knitted fabric$21 million · 3.3%
    4 thousand tonnes
  10. Coconut and palm kernel oil$16 million · 2.5%
    15 thousand tonnes

What Mexico sells to Honduras

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

  1. Trucks$93 million · 8.8%
    10 thousand tonnes · Mexico’s destinations
  2. Monitors and projectors$72 million · 6.8%
    3 thousand tonnes · Mexico’s destinations
  3. 3 thousand tonnes · Mexico’s destinations
  4. Toilet paper and tissues$34 million · 3.2%
    11 thousand tonnes
  5. 14 thousand tonnes
  6. Batteries$26 million · 2.5%
    8 thousand tonnes · Mexico’s destinations
  7. Malt extract and food mixes$26 million · 2.5%
    5 thousand tonnes
  8. Cables and wire$23 million · 2.2%
    3 thousand tonnes · Mexico’s destinations
  9. Hair care$23 million · 2.2%
    6 thousand tonnes
  10. 3 thousand tonnes

How it travels

Estimated sea route from Puerto Cortés to Manzanillo.

The estimated sea route between Puerto Cortés and Manzanillo is 2,559 nautical miles (4,739 km) long: ≈ 6–7.5 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal.

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$1.6 billion · 91.2%
  2. Air$150 million · 8.8%

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

How much each matters to the other

Mexico was Honduras’ 5th largest trading partner (6% of its trade), and Honduras was Mexico’s 39th (0.1%).

Mexico in Honduras’ trade
6%
Mexico’s rank among Honduras’ partners
5th
Honduras in Mexico’s trade
0.1%
Honduras’ rank among Mexico’s partners
39th

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.