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Sugar production and exports are projected slightly up in marketing year (MY) 2023 (October 2022 to September 2023) because of the increase in productivity yields, harvested area, additional investments in the sugar sector and increased exports as the Honduran Sugar Industry recovers from the impact of hurricanes ETA and IOTA in November 2020.
Honduran Coffee Production is expected to reach 5.4 million 60-kilogram bags in marketing year (MY) 2021/22, a seventeen percent reduction from the previous year. Heavy weather conditions for a higher incidence of leaf rust are forecast and are expected to impact production directly.
Honduras ranks twenty sixth as an ?export destination for consumer-oriented products from the United ??States?. Honduras’s imports were valued in US$ 462.8 million, second only to Guatemala for the Central American region, and seventh in the Americas.
In 2021, Honduras was the 48th largest export market of U.S. totaling US$6.51 billion. The total value of Agricultural only U.S. exports was US$1.14 billion, including US$316.78 million in processed food.
U.S. exporters enjoy a strong position in the Honduran market, thanks to the CAFTA-DR agreement. More than 95 percent of U.S. industrial and commercial goods can enter the country duty free, with the remaining tariffs to be phased out by 2025. Close...
No changes to the regulatory framework or new crop event approvals were reported for Honduras during 2021, a consequence of the COVID pandemic.
SENASA and ARSA have significantly expedited import processes with on-line import permit, sanitary authorizations of imported raw materials, additives and sanitary registration platforms and immediate electronic delivery to ports of entry and importers since January 2021.
The National Plant, Animal Health and Food Safety Service (SENASA) is the regulatory agency responsible for the inspection of all agricultural products that enter Honduras.
The production forecast for marketing year 2021/22 is 5.5 million 60-kilogram (kg) bags, a 12-percent reduction from the previous year.
In November 2020, hurricanes Eta and Iota flooded the Sula Valley. Approximately 2500 HA of planted sugarcane were lost and one sugar mill was disabled.
Honduras Set a 118,800 MT Rough Rice Shortage Import Quota for 2021 after local production was severely hit by Hurricanes Eta and Iota.
Two key free trade agreements – the Dominican Republic-Central America Free Trade Agreement (or CAFTA-DR) and the U.S.-Panama Trade Promotion Agreement – have stimulated U.S. agricultural exports...