Products Imported from China to Honduras

In the calendar year of 2023, China exported goods worth US$1.56 billion to Honduras. Among the main exports from China to Honduras were Coated Flat-Rolled Iron (US$227 million), Motorcycles and cycles (US$75.7 million), Rubber Tires (US$36.5 million), Polyacetals (US$35.20 million) and Broadcasting Equipment (US$32.19 million). Over the span of 28 years, China’s exports to Honduras have grown steadily at an annualized rate of 15.3%, rising from US$33.1 million in 1995 to US$1.56 billion in 2023.

List of All Products That Were Imported from China to Honduras

The table below presents a comprehensive list of all commodities that were exported from China to Honduras in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Honduras market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Honduras.

Trade Agreements between China and Honduras

China and Honduras did not have formal diplomatic relations for many years, primarily because Honduras recognized Taiwan as a sovereign nation. However, this situation changed dramatically in 2023 when Honduras officially switched diplomatic recognition from Taiwan to the People’s Republic of China.

Following this change in diplomatic stance, the relationship between China and Honduras is expected to evolve rapidly, potentially leading to various forms of economic and trade cooperation. Here are some likely areas where agreements might develop:

1. Diplomatic Establishment and Initial Agreements: The establishment of diplomatic relations is typically followed by basic agreements covering aspects like visa policies, economic cooperation, and cultural exchanges. These foundational agreements set the stage for more detailed trade and investment treaties.
2. Trade and Investment Facilitation: Given China’s history with other new diplomatic partners, it is likely that trade facilitation agreements will be explored. These might include tariff reductions, trade preferences, and encouragement of direct investments in key Honduran sectors such as agriculture, textiles, and infrastructure.
3. Infrastructure and Development Loans: A common feature of China’s engagement with new diplomatic partners, especially in Latin America, has been the provision of loans for infrastructure development. These are often part of broader strategic initiatives like the Belt and Road Initiative (BRI). Honduras could benefit from Chinese investment in its infrastructure, including roads, ports, and telecommunications.
4. Cultural and Educational Agreements: These agreements aim to strengthen ties and mutual understanding through cultural exchanges and education programs, potentially including scholarships for Honduran students to study in China.

As the relationship matures, specific trade agreements, investment treaties, and cooperative projects are likely to emerge, reflecting both China’s strategic interests in Central America and Honduras’s economic development goals. The exact nature and scope of these agreements will depend on ongoing diplomatic negotiations and the evolving priorities of both nations.