Losses to Fuel Smuggling in Honduras

Criminal fuel smuggling costs the government of Honduras $230 Million, or 10 percent of its annual fuel imports. Economic and finance officials state that smugglers purchase fuel in Venezuela where it is heavily subsided by the government. The smugglers then transport the fuel illegally into Honduras.

Source:  Charles Parkinson, “Fuel Trafficking Costs Honduras $230 Mn per Year,” Insight Crime, September 27, 2013.