Evaluating the market in Honduras

We can help you get a better understanding of market activity, relationships and support to grow your business.
An icon representing a measurement gauge.

Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

An icon representing information passing through a magnifying glass.

Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Honduras

A deceleration in remittance growth and rising imports will see Honduras’ current account deficit widen in 2018 and 2019. Nonetheless, foreign direct investment and aid from both bilateral and multilateral partners, such as the U.S. and the Inter-American Development Bank, will be enough to cover the deficit. International reserves reached approximately five months of import cover. This will provide the Banco Central de Honduras with a backstop in the event of balance of payments shock. According to the IMF, sustained anti-corruption efforts must continue to enhance the rule of law, which is a key determinant for both domestic and foreign investment in Honduras.

Interested in growing your business in this market?

Please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-888-220-0047

Or send us a question and we’ll get back to you as soon as possible. Send a question.