March 2012

Total Exports To Honduras

RankCommodityTotal YTD Exports
1
Oil, not crude
$373,930,828
2
Cotton, 85% cotton
$169,747,301
3
Synthetic yarn, not retail
$86,833,356
4
Low value shipments
$77,160,653
5
Petroleum gases, other gaseous hydrocarbons
$59,688,769
6
Exports of charitable items, returned as imports
$28,879,923
7
Landline, cellular phone equipment
$27,523,210
8
Corn
$27,142,553
9
Electrical supplies, apparatus, less than 1000V
$25,014,588
10
Insulated wire, cable
$20,462,901

Total Imports From Honduras

RankCommodityTotal YTD Imports
1
T-shirts, tank tops, knit or crocheted
$169,931,936
2
Sweaters, pullovers, vest, knit or crocheted
$146,898,722
3
Insulated wire, cable
$110,861,805
4
Coffee
$66,916,664
5
Bananas and plantains, fresh or dried
$53,844,919
6
Pantyhose, socks
$41,933,813
7
Men's or boys' shirts, not knitted or crocheted
$32,605,492
8
Scrap of precious metal
$27,780,715
9
Women's or girls' slips
$26,749,187
10
Gold
$23,399,954
March 2012

Top Honduras Trading Partners

RankDistrictTotal YTD
1
Miami
$1,019,715,160
2
Houston
$408,079,719
3
Mobile
$360,097,474
4
New Orleans
$245,833,917
5
Wilmington
$98,767,177
6
Low Value Shipments
$80,736,394
7
Los Angeles
$61,461,512
8
New York City
$48,769,867
9
Philadelphia
$39,632,987
10
Atlanta/Savannah
$28,286,985

Top US Trading Partners

RankCountryTotal YTD
1
CANADA
$153,987,495,076
2
MEXICO
$122,398,351,478
3
CHINA
$120,983,448,879
4
JAPAN
$54,762,867,594
5
GERMANY
$38,277,050,668
6
UNITED KINGDOM
$28,840,373,748
7
SOUTH KOREA
$25,150,256,689
8
BRAZIL
$19,088,773,913
9
SAUDI ARABIA
$18,638,133,172
10
FRANCE
$17,857,130,070

Honduras’s trade rose to $2,560,217,264 through March

Honduras’s trade with the United States rose to $2,560,217,264 through the first three months of 2012, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s -2.41 percent below its total trade during the same time period last year. Honduras’s exports decreased -3.38 percent while imports dropped -0.99 percent. The U.S. surplus with Honduras was $446,824,556.

Through March, Honduras’s top U.S. Customs districts for total imports and exports were No. 1 Miami, No. 2 Houston, No. 3 Mobile, No. 4 New Orleans and No. 5 Wilmington compared to last year when the top spots were held by No. 1 Miami, No. 2 Houston, No. 3 Mobile, No. 4 New Orleans and No. 5 Low Value Shipments. In the current time period, the top five accounted for 20.06 percent of Honduras’s U.S. trade.. That compares to 23.02 percent for the nation’s top five Customs districts during the same time period.

Taking a closer look at the leading U.S. gateways for U.S. trade with Honduras,:

  • Trade with No. 1 Miami fell -8.52 percent to $1,019,715,160.
    Exports fell -14.63 percent to $487,684,910. Imports fell -2.09 percent to $532,030,250.
  • Trade with No. 2 Houston rose 2.33 percent to $408,079,719.
    Exports rose 3.08 percent to $375,425,923. Imports fell -5.61 percent to $32,653,796.
  • Trade with No. 3 Mobile fell -2.34 percent to $360,097,474.
    Exports rose 3.98 percent to $224,599,660. Imports fell -11.27 percent to $135,497,814.
  • Trade with No. 4 New Orleans fell -6.75 percent to $245,833,917.
    Exports rose 3.20 percent to $173,671,358. Imports fell -24.31 percent to $72,162,559.
  • Trade with No. 5 Wilmington rose 36.79 percent to $98,767,177.
    Exports rose 12.23 percent to $55,115,323. Imports rose 89.01 percent to $43,651,854.

Through March, 14 Customs districts posted trade surpluses with Honduras while 27 had deficits. That compares with 15 surpluses and 22 deficits for the same period one year ago. The top surplus was with Houston at $342,772,127, the largest deficit was with Miami at $-44,345,340.

Meanwhile, total U.S. trade with the world increased to $934,379,177,983, up 8.63 percent compared to the same period last year. The nation’s exports climbed 3.54 percent to $30,467,217,700; imports rose 5.09 percent to $43,800,507,934. The nation’s top five countries so far this year, by value, are Canada, Mexico, China, Japan and Germany. The overall trade deficit was $-171,264,242,143, up compared to the same period of last year when the deficit was $-157,930,951,909.

The top five U.S. exports to Honduras by value through March were oil, not crude; cotton, 85% cotton; synthetic yarn, not retail; low value shipments; and petroleum gases, other gaseous hydrocarbons, respectively. They accounted for 51.04 percent of total exports to Honduras.

The value of the top five U.S. imports from Honduras -- t-shirts, tank tops, knit or crocheted; sweaters, pullovers, vest, knit or crocheted; insulated wire, cable; coffee; and bananas and plantains, fresh or dried -- accounted for 51.90 percent of all inbound shipments.

Looking more closely at U.S. exports to Honduras:

  • Oil, not crude rose 5.14 percent compared to last year to $373,930,828.
  • Cotton, 85% cotton fell -30.56 percent compared to last year to $169,747,301.
  • Synthetic yarn, not retail fell -5.26 percent compared to last year to $86,833,356.
  • Low value shipments fell -4.47 percent compared to last year to $77,160,653.
  • Petroleum gases, other gaseous hydrocarbons rose 28.26 percent compared to last year to $59,688,769.

Looking more closely at U.S. imports from Honduras

  • T-shirts, tank tops, knit or crocheted fell -6.94 percent compared to last year to $169,931,936.
  • Sweaters, pullovers, vest, knit or crocheted fell -0.86 percent compared to last year to $146,898,722.
  • Insulated wire, cable rose 12.03 percent compared to last year to $110,861,805.
  • Coffee fell -11.77 percent compared to last year to $66,916,664.
  • Bananas and plantains, fresh or dried rose 34.77 percent compared to last year to $53,844,919.

In the latest annual figures available, Honduras recorded $2,623,378,623 in trade with the United States. At year’s end, its top five Customs districts were Miami, Houston, Mobile, New Orleans and Wilmington. Total U.S. exports to Honduras were $6,139,350,280 and imports from Honduras were $4,500,074,732. The U.S. surplus with Honduras was $1,639,275,548.


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