Argentine Trade Mission Strengthens Ties with Honduras’ Coffee Sector and Agricultural Machinery Market

By Bufete Mejia & Asociados

An Argentine trade mission visited Honduras from December 1 to 6, 2024. Organized by the Argentine Foreign Ministry together with its Embassy in the country, the misión took an Argentine business delegation to the city of San Pedro Sula, the industrial hub of Honduras, where it held meetings with more than 50 local businesses in order to diversify its supplier portfolio.

The Honduran market -due to the dynamism of its coffee sector- offers concrete opportunities for Argentina in terms of agricultural machinery. Evidence of this was the presence at the event of the Deputy Minister of Coffee Growing, Carlos Murillo, who came to personally learn about Argentina's exportable offer in the sector.

In 2023 Argentine exports to Honduras reached USD146 million in goods and more than USD 8.3 million in services while imports amounted to approximately USD 2.2 million in goods and more than USD 15.1 million in services.

Honduras, the largest coffee producer in Central America and the Caribbean, and ranked among the top 10 globally, is deeply reliant on its coffee industry. This sector plays a vital role in the country's economy, generating jobs, export revenues, and supporting the livelihoods of smallholder farmers. With over 90% of Honduras' coffee output exported, it also serves as a crucial source of foreign exchange.