ECONOMY
Industry:
Industry as a whole supplied 32% of Honduras's GDP in 2000, and employed 21% of the work force. Manufacturing has traditionally been limited to small-scale light industry supplying domestic requirements.
San Pedro Sula is the center for matches, cigars, cigarettes, cement, meatpacking, sugar, beer and soft drinks, fats and oils, processed foods, shoes and candles. Tegucigalpa has plants for the manufacture of plastics, furniture, candles, cotton textiles, and leather. The country has also established a well-known apparel assembly industry in the maquiladora sector, which employed over 125,000 workers in 2001. As of 2002, Honduras was the second largest exporter of maquiladora items to the US market.
Agriculture:
Coffee and bananas have traditionally made up the bulk of Honduras's agricultural exports. Coffee is produced in 14 of the country's 18 provinces by 70,000 independent producers. Banana production, which takes place on the northern coast, is controlled primarily by the subsidiaries of 2 U.S. conglomerates, Chiquita and Dole. These companies have established effective monopolies over the banana export trade in Honduras. However, legal challenges to the monopolies are growing more frequent.
The development of nontraditional crops such as melon, pineapple, sugarcane, and African palm has expanded since the mid-1990s.
Research & Development:
The Honduran Academy (founded in 1949), the Honduran Coffee Institute, and the National Agriculture Institute are all located in Tegucigalpa. The José Cecilio del Valle University (founded in 1978) has engineering and computer science departments, and the National Autonomous University of Honduras (founded in 1847) has faculties of medicine, pharmacy, dentistry, and engineering.
The Pan-American Agricultural School (founded in 1942) has students from 20 Latin American countries. The National Museum in Tegucigalpa has natural-history exhibits. In 1987–97, science and engineering students accounted for 24% of college and university enrollments.