Auto Parts: $560 Million in Business

In the first half of 2019, the region imported vehicle parts and spare parts worth nearly $560 million, and 50% was purchased by companies in Guatemala and Panama.

Thursday, December 19, 2019

Autoparts Imports in Central America Al June 30th, 2019  

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Business in Central America with No Relevant Changes
According to CentralAmericaData forecasts, between the first half of 2018 and the same period in 2019 the value imported of vehicle parts and spare parts in Central America registered a slight variation of -0.08%, going from $561 million to $560 million.

Guatemala and Panama, Main Buyers
The main importer in the region continued to be Guatemala with $156 million, followed by Panama with $127 million, Costa Rica with $92 million, El Salvador with $83 million, Honduras with $76 million and Nicaragua with $28 million.

Separating the region between the Northern Triangle and the Southern markets, the figures show that companies in Guatemala, El Salvador, and Honduras represent 56% of the region's imports.

Nicaragua, Costa Rica and Panama account for the remaining 44%.

Note: For this report, prepared by CentralAmericaData, data from SIECA were used.

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Auto Parts: $1.1 Billion in Business

August 2019

In 2018, the region imported parts and vehicle spare parts for a sum close to $1.1 billion, of which 65% were purchased by companies in Guatemala, Costa Rica and Panama.

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

Auto Parts: Regional Market up to September 2018

March 2019

In the first nine months of 2018, the region imported parts and vehicle spare parts worth nearly $830 million, and 49% were bought by Guatemalan and Panamanian companies.

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

Auto Parts: Regional Market Up 4%

January 2019

In the first six months of 2018, the region imported vehicle parts and spare parts worth nearly $560 million, 4% more than it purchased in the same period in 2017.

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

Autoparts Business Growing in Central America

May 2018

In 2017, the region imported close to $1.1 billion worth of spare parts and vehicles, 5% more than was bought in 2016.

Figures from the information system on the Market for Spare Parts for Vehicles in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA Caption = "Click to interact with graph"]

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