Honduras

Honduras’ remittances rebounded strongly in July with a 12.2% increase YoY, reaching USD 893 mln. This recovery helped lift the January-July total to USD 5.5 bln, a 4.1% growth rate for the year. The trade deficit worsened by 16.1% YoY to USD 3.9 bln through June, with a continued decline in exports and moderate growth in imports.