Import of bus and truck tires in Central America Al September 30th, 2022  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphicClick to interact with the graphic

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Guatemala, Main Importer
From January to June 2021, the main importer of bus and truck tires in Central America was Guatemala with $32.3 million, followed by Costa Rica with $20.4 million, followed by Honduras with $16.2 million, Nicaragua with $12.5 million, El Salvador with $8.2 million and Panama with $5 million.

Increase in Regional Imports
Between the first six months of 2020 and the same period of 2021, the value of imports in the region increased by 27.74%, from $106.9 million to $136.6 million.

For the periods in question, purchases from China also recorded an increase, in this case by 35%, from $75.6 million to $102.4 million.

Chinese Companies, Main Suppliers
As of June 2021, 75.02% of the value imported from Central America came from China, 3.31% from Japan, 3.22% for Thailand and Costa Rica and 2.23% for Mexico.

China is the market of origin of imports that has grown the most for the period in question over the last ten years, since in 2012 it represented 40.95% of regional purchases and in 2021 that proportion rose to 75.02%.

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For 2021, the value of imports of tires for use in buses and trucks in Central America is observed for $299 million, which is an increase in the variation of almost 40% from the period analyzed from 2012 to 2020, in addition, the main supplier of this product is China, which has led in the region.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

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Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

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Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]

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In the first three months of 2019, countries in the region imported $518 million in tires for buses and trucks, and purchases from companies in China grew 7% over the same period in 2018.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]