🇭🇳 Honduras vs 🇨🇱 Chile Tariffs — Import Duty Comparison (2026)

Comparing import tariffs between Honduras and Chile reveals key differences that can significantly impact landed costs for US importers.

Both countries face the same base tariff rate of 10% on most goods entering the United States.

Both countries export Gold to the United States, creating direct competition in these sectors.

In terms of trade volume, Honduras accounts for approximately $6B in bilateral trade with the US, compared to Chile's $30B.

Both countries are subject to the Section 301 forced-labor tariff that replaced the flat 10% Section 122 rate on July 24, 2026 — a two-tier 10%/12.5% duty on roughly 60 economies (about 99.4% of US imports by value), broader than the earlier 46-country proposal. Section 122 had itself replaced the IEEPA tariffs struck down by the Supreme Court. In August 2026, 25 states sued to block the forced-labor tariff, but CBP continues collecting it while the case proceeds.

Honduras's advantages include: Unique export categories: Textiles, Coffee, Bananas. Chile's advantages include: Higher US trade volume ($30B vs $6B); Unique export categories: Copper, Lithium, Salmon.

With equivalent base tariff rates, the choice between Honduras and Chile depends primarily on product-specific duties, shipping costs, lead times, and supply chain considerations rather than the base tariff rate.