Within the Honduran export landscape, shrimp has ascended to the top ranks, securing the fourth position in the last two years, according to the latest foreign trade report by the Central Bank of Honduras (BCH).

Diversification Trend: Shrimp’s Rising Prominence

Historically, Honduras has seen its export products heavily concentrated within a limited range, typically around 20 items. However, recent trends indicate a diversification in the export portfolio, with five products now dominating the top spots. Among them, shrimp farmed in regions like Choluteca and Valle has emerged as a formidable player, claiming the fourth position in the export hierarchy.

Coffee, bananas, palm oil, shrimp, and cooked legumes/fruits now headline Honduras’ exportable supply, with each contributing significantly to the country’s foreign exchange earnings. Coffee continues to lead the pack, followed closely by bananas and palm oil.

Shrimp’s Economic Contribution

According to the BCH report, shrimp exports amounted to USD 272.7 million in the past year, constituting 4.6% of the total foreign exchange generated from goods.

In 2023, exports of coffee, bananas, palm oil, shrimp, and cooked legumes/fruits collectively totaled USD 3.1 billion, representing over half (52.09%) of the total exported value.