About Honduras
Honduras is a Central American country with Caribbean Sea coastlines to the north and the Pacific Ocean to the south. In the tropical rainforest near Guatemala, the ancient Mayan ceremonial site Copán has stone-carved hieroglyphics and stelae, tall stone monuments. In the Caribbean Sea are the Bay Islands, a diving destination that’s part of the 1,000km-long Mesoamerican Barrier Reef.
Country Name: Honduras
Region: Central America
Capital: Tegucigalpa
Official Language: Spanish
Currency: Honduran lempira (HNL)
Population: (update to current data)
Time Zone: Central Standard Time (CST)
Major Cities: Tegucigalpa, San Pedro Sula, Choloma, La Ceiba, El Progreso
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Trade Overview:
Honduras has a mixed economy, with the key exports being agricultural products, apparel, and minerals. The main trading partners are the United States, Guatemala, El Salvador, and Nicaragua.
Major Imports: Refined petroleum, cars, packaged medicaments, broadcasting equipment, delivery trucks
Major Exports: Knit t-shirts, bananas, coffee, insulated wire, non-knit men’s suits
Import/Export Regulations:
Honduras maintains a relatively liberal trade regime. However, some products may require special permits or licenses.
Trade Agreements:
Honduras is part of the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) with the United States.
Business Culture:
Business in Honduras is based on personal relationships. Punctuality is important, but meetings often start late and run longer than scheduled.
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