Auto Parts Market in Central America

In 2015 Central American countries imported $447 million worth of auto parts, and 60% of them came from the USA, Japan and China.

Tuesday, September 13, 2016

Al December 31st, 2016  

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Data from a report entitled "Vehicle Parts Market in Central America", prepared by the Business Intelligence Unit at CentralAmericaData.com shows that Guatemala is the main buyer of these goods in the region. In 2015 alone the country imported $121.6 million and 37% of it came from the United States, 12.6% from Japan, another 12.6% from China, 9% from Mexico and the rest from other countries such as South Korea and Germany.

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$97 million worth of vehicle parts were imported from Panama, and nearly 30% came directly from the United States, followed by the Panamanian Free Trade Zone regime, with 15%. 12% of imports came from other countries, and almost 11% were purchased in China.

Costa Rica was the third largest importer of vehicle parts in 2015 in Central America, with $85.1 million. Unlike Guatemala, the Japanese market has a greater preponderance in imports in Costa Rica, as 25% of the total came from there, followed by the US with 23%, 14.6% came from China, and the rest was imported from other markets such as China Taiwan, Germany and Mexico.

CentralAmericaData.com provides detailed information on the import and export of body parts, clutches, bumpers or fenders, axles with differentials, steering wheels, steering boxes and other items.

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More on this topic

Costa Rica Imports More Auto Parts from Japan

September 2018

In the first quarter of the year the country reported nearly $50 million in purchases of vehicle parts, and imports from Japan grew by 3% compared to the same period in 2017.

Figures from the information system on the Vehicle Parts and Accessories Market in Costa Rica, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"] 

Autoparts: $200 million Market

July 2018

In 2017 imports of vehicle parts in Costa Rica totaled close to $200 million, and 65% of the value purchased came from the US, Japan and China.

Figures from the information system on the Vehicle Parts and Accessories Market in Costa Rica, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Nicaragua: Automotive Spare Parts Business is Growing

May 2017

In 2016 the imported value of spare parts for vehicles totaled $37 million, 9% more than the imports recorded in 2015.

Figures from the information system on the Auto Parts and Accessories Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData 

Guatemala: Imports of Auto Parts Rising

March 2017

In the first nine months of 2016, imports of vehicle parts grew by 13% in value compared to the same period in 2015.

Figures from the Information System on the Market for Vehicle Parts and Accessories in Guatemala, complied by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with graphics"]

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