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Honduras trade deficit widens to $1.5 billion

Wednesday, September 3, 2014

Honduras's trade deficit widened by $17.5 million in the first four months of this year, and now stands at $1.55 billion, the country's central bank said.

Experts say that the nine free trade accords Honduras has are not being used to its full potential, in particular those with Latin American countries.

Thirty-two percent of Honduras's total exports went to the U.S., a figure that contrasts with the 1.3 percent to Panama, 0.3 percent to Colombia and 0 percent to Chile.

Source (in Spanish): La Prensa