ProceduresGovernment

Honduras

Country

2024-Q2: US$11.4M, Remittances received from Honduras

About Honduras

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The main sale from Mexico to Honduras in 2023 was Electrical Wires and Cables (US$126M). The main origins of sales to Honduras were Ciudad de México (US$442M), Estado de México (US$155M), and Nuevo León (US$137M).

The main product bought by Mexico from Honduras in 2023 was Electrical Wires and Cables (US$215M). The main destinations of purchases made to Honduras were Chihuahua (US$202M), Estado de México (US$150M), and Jalisco (US$106M).

Regarding remittances, in the second quarter of 2024, Mexico received US$11.4M in remittances from Honduras, while Honduras received US$8.42M in remittances from Mexico.

Finally, in terms of immigration to Mexico, 13,089 inmigrants from Honduras were registered in 2020, 46.3% women and 53.7% men. The states with the highest concentration of inmigrants from Honduras were Chiapas (3,828 people), Nuevo León (2,065 people), and Coahuila de Zaragoza (1,668 people).

Commercial Exchange

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The icons show the percentage share of Honduras in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

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In July 2024, the international sales from Mexico to Honduras were US$99.2M, while international purchases reached US$88.6M. The above results in a trade balance of US$10.6M.

Annual International Trade

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The main sale from Mexico to Honduras in 2023 was Electrical Wires and Cables (US$126M). The main origins of sales to Honduras were Ciudad de México (US$442M), Estado de México (US$155M), and Nuevo León (US$137M).

The main product bought by Mexico from Honduras in 2023 was Electrical Wires and Cables (US$215M). The main destinations of purchases made to Honduras were Chihuahua (US$202M), Estado de México (US$150M), and Jalisco (US$106M).

Monthly International Trade

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The main sale from Mexico to Honduras in July 2024 was Electrical Wires and Cables (US$9.7M). The main origins of sales to Honduras were Ciudad de México (US$25.3M), Estado de México (US$12.7M), and Nuevo León (US$9.98M).

The main product bought by Mexico from Honduras in July 2024 was Palm Oil and its Fractions, whether or not Refined, but not Chemically Modified (US$19.9M). The main destinations of purchases made to Honduras were Chihuahua (US$16.3M), Estado de México (US$14.4M), and Jalisco (US$12.4M).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Ciudad de México (US$351M), Nuevo León (US$101M), and Guanajuato (US$74.6M).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to Honduras and the remittances that Mexico receives from Honduras.

In the second quarter of 2024, Mexico received US$11.4M in remittances from Honduras, while Honduras received US$8.42M in remittances from Mexico.

Immigration from Honduras

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The map shows the destination states of migrants from Honduras to Mexico in recent years. The bar chart shows the main causes of migration.

The states with the highest concentration of migrants from Honduras were Chiapas (3,828 people), Nuevo León (2,065 people), and Coahuila de Zaragoza (1,668 people).

The main reasons of migration from Honduras to Mexico in recent years were social and environmental (5,245 people) and labor (3,507 people).

Diversity of immigrants

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The graph shows the population pyramid of the migrant population from Honduras to Mexico in recent years.

13,089 inmigrants from Honduras were registered, 46.3% women and 53.7% men.

The age ranges that concentrated the largest migrant population from Honduras were 20 to 24 years (2,513 people), 30 to 34 years (1,941 people), and 25 to 29 years (1,892 people). These concentrated 48.5% of the total migrant population.