Macroeconomic Forecast Honduras

June 2007 | Macroeconomic Forecasts

BMI View: Exports in Q107 showed virtually flat growth, coming in at US$509.8mn, versus US$507.3mn a year earlier. While this comes as discouraging news, considering that we are projecting a US$330mn increase in exports by year-end to US$2.26bn (a forecast that is now under threat), Honduras's export markets are becoming more diversified. The proportion of exports going to the US has fallen from 38.2% in Q105 to 32.8% in Q107, while the share going to Central America has risen from 18.2% to 20.7%. Increasing demand from a more diverse array of markets should help underpin Honduran exports in the long

If you would like to subscribe to Central America Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Central America Monitor please click on the trial link below.