Economy of Honduras - Linkages To United States

Linkages To United States

As with most Latin American countries, Honduras's economy is closely tied to the United States. The United States is Honduras's primary trading partner and the source of about two-thirds of the country's foreign direct investment (2009 information ). United States multinationals Dole and Chiquita control a large portion of Honduras's agricultural exports. Hondurans working in the U.S. send more than US$2 billion each year to their families in Honduras; these remittances account for 28.2% of Honduras's GDP (2007 information

).

Read more about this topic:  Economy Of Honduras

Famous quotes containing the words united states, united and/or states:

    I am a freeman, an American, a United States Senator, and a Democrat, in that order.
    Lyndon Baines Johnson (1908–1973)

    In a moment when criticism shows a singular dearth of direction every man has to be a law unto himself in matters of theatre, writing, and painting. While the American Mercury and the new Ford continue to spread a thin varnish of Ritz over the whole United States there is a certain virtue in being unfashionable.
    John Dos Passos (1896–1970)

    The admission of the States of Wyoming and Idaho to the Union are events full of interest and congratulation, not only to the people of those States now happily endowed with a full participation in our privileges and responsibilities, but to all our people. Another belt of States stretches from the Atlantic to the Pacific.
    Benjamin Harrison (1833–1901)