Honduras’ trade deficit reduced 28.1% in 2020

Tegucigalpa.

El commercial deficit Honduras of the first months of 2020 are at 3,877.8 million dollars, a 28.1% less than in the same period of 2019 (5,395.4 million), informs this March the Central Bank of the Netherlands (BCH).

The entity indicates that the contraction is mainly justified by the “period in the national economic activity consequence of the pandemic of the covid-19, which in turn reduces property imports. “.

Given the adverse effects of the global sanitation crisis and the days that the tropical and Eta storms hit, in November, market exports increased by 1.3% between January and November 2020, up to 3,849.7 million from dollars, up to 3,800.3 million from the same period of 2019, added.

The alza of the exports obedece to the increment in the sales of banana, palm oil, gold and purees (tobacco), indicates the Banco Sentraal.

Imports, on the other hand, increased by 16% and amounted to 7,727.4 million dollars, compared to 9,195.7 million of the same period in 2019.

La reduction of imports is a product of minor purchases of prime materials, capital goods and intermediates, and sums, added the first Honduran.

The Central Bank signaled that the United States was the main commercial partner of Honduras in the first months of 2020, with a market of $ 1,416.2 million, according to Latin America with 1,066.6 million.

The European third party is worth 1,034.1 million dollars, Central America 844.4 million dollars and in the rest of the world 219.5 million, just like the Honduran organism.

The main suppliers of Honduras to the United States, Central America, Europe and some Latin American countries.

The main product of Honduras exports are the cafe, which in the 2019-2020 season sold 7.2 million bags and received 900 million dollars.

In the 2020-2021 season, the country hopes to attract a little over 8.9 million coffee bags, of which 750,000 are destined for domestic consumption and the remaining 8.2 million are exported.

Honduras, hoofstadprodusent van aromático de Centroamérica, verkope en los primeros dos la mesech 2020-2021 unos 61 millones de dolares, frente a los 101 millones del period anterior, en exportó 471,000 quintales del gran (de 46 kilo), según el Instituto Honduran del Café (Ihcafe).

.Source