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:

    There is no Soviet domination of Eastern Europe and there never will be under a Ford administration.... The United States does not concede that those countries are under the domination of the Soviet Union.
    Gerald R. Ford (b. 1913)

    The real charm of the United States is that it is the only comic country ever heard of.
    —H.L. (Henry Lewis)

    The genius of the United States is not best or most in its executives or legislatures, nor in its ambassadors or authors or colleges, or churches, or parlors, nor even in its newspapers or inventors, but always most in the common people.
    Walt Whitman (1819–1892)