Names: conventional long form: Republic of Honduras conventional short form: Honduras local long form: Republica de Honduras local short form: Honduras
Capital City: Tegucigalpa
Population: 7,326,496 note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2006 est.)
GDP Per Capita: $3,000 (2006 est.)
Currency: lempira (HNL)
Languages: Spanish, Amerindian dialects
Total Area: total: 112,090 sq km land: 111,890 sq km water: 200 sq km slightly larger than Tennessee
Region: North America
Industries: sugar, coffee, textiles, clothing, wood products
Agriculture: bananas, coffee, citrus; beef; timber; shrimp
Resources: timber, gold, silver, copper, lead, zinc, iron ore, antimony, coal, fish, hydropower
Labor Force:
2.589 million (2006 est.)
agriculture: 34% industry: 23% services: 43% (2003 est.)
Exports:
$1.947 billion f.o.b. (2006 est.)
coffee, shrimp, bananas, gold, palm oil, fruit, lobster, lumber
Imports:
$4.86 billion f.o.b. (2006 est.)
machinery and transport equipment, industrial raw materials, chemical products, fuels, foodstuffs (2000)
Overview:
Honduras, the second poorest country in Central America and one of the poorest countries in the Western Hemisphere, with an extraordinarily unequal distribution of income and massive unemployment, is banking on expanded trade under the US-Central America Free Trade Agreement (CAFTA) and on debt relief under the Heavily Indebted Poor Countries (HIPC) initiative. The country has met most of its macroeconomic targets, and began a three-year IMF Poverty Reduction and Growth Facility (PGRF) program in February 2004. The economy relies heavily on a narrow range of exports, notably bananas and coffee, making it vulnerable to natural disasters and shifts in commodity prices, but in recent years has experienced a rapid rise in exports of light manufacturers. Growth remains dependent on the economy of the US, its largest trading partner, and on reduction of the high crime rate, as a means of attracting and maintaining investment.
In 2007 Missouri exported $7,186,800 in goods to Honduras. This ranks Honduras 54th among the 223 international buyers of Missouri goods. Missouri exports to Honduras increased from the previous year by $248,607 a change of 3.58%. State exports to Honduras have increased over the last 5 years by $4,693,418 a change of 188.24%. Missouri exports account for .05%. of all 2007 US exports to Honduras.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 000 - Total All Industries MO | 2,493,382 | 3,189,990 | 5,331,501 | 6,864,054 | 6,938,193 | 7,186,800 | |
| 000 - Total All Industries US | 2,564,588,712 | 2,844,902,107 | 3,076,512,302 | 3,243,919,887 | 3,693,276,199 | 4,462,144,614 | |