Honduras | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Honduras
Records
63
Source
Honduras | Exports of goods and services (current US$)
1960 71800000
1961 79500000
1962 87200000
1963 90600000
1964 102700000
1965 138700000
1966 157400000
1967 170600000
1968 196700000
1969 186900000
1970 201800000
1971 217000000
1972 234998942.50476
1973 293999853.00007
1974 332500000
1975 345000000
1976 454500000
1977 581500050
1978 960859350.8
1979 1168036044.65
1980 1315331102.75
1981 1227917680.4
1982 1066168434.4
1983 1108154408.9
1984 1174230696.65
1985 1257514350.95
1986 1393796694.4
1987 1312577924.1
1988 1436852036.6094
1989 1520893864.2759
1990 1561384393.2393
1991 1573527394.8126
1992 1651611360.7014
1993 1811810868.4643
1994 2066441596.8985
1995 2590041814.39
1996 2855718826.0135
1997 3270298692.0152
1998 3679525531.7578
1999 3395137944.2509
2000 3878785428.5113
2001 3931297278.35
2002 4143703818.5301
2003 4452150158.0292
2004 5181709224.0547
2005 5757207467.8763
2006 6119752690.7351
2007 6614386798.6938
2008 7124837294.2565
2009 5766473847.7171
2010 7247910834.0258
2011 9077877620.2029
2012 9431552769.5522
2013 8869045890.6919
2014 9396732039.6597
2015 9475891625.3801
2016 9276480535.2901
2017 9970301123.8006
2018 9977241928.2017
2019 10015529689.469
2020 8362289281.28
2021 11053108769.727
2022 13295012463.104

Honduras | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Honduras
Records
63
Source