Auto Parts: Salvadoran Market Grows at 9%

Between January and September 2019, imports of vehicle parts into El Salvador reached about $130 million, a 9% increase over the same period in 2018.

Friday, February 14, 2020

Import of auto parts in El Salvador Al September 30th, 2019  

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Variation in Imports
According to CentralAmericaData estimates, between January and September 2018 and the same period in 2019 the value of imported vehicle parts and replacements in El Salvador registered a 9% increase, rising from $119 million to $130 million.

For the months in question over the last seven years, the country has reported a sustained rise in imports, recording an average annual growth rate of 9%.

Origin of Imports
From January to September 2019, 31% of the value imported into El Salvador came from China, 16% from Japan, 15% from the United States, 11% from Taiwan and 7% from South Korea.

China is the country of origin of Salvadoran imports that has grown the most for the months in question over the last seven years, since in 2012 it represented 13% of the total value purchased, and in 2019 it rose to 31%.

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

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

Costa Rica Imports More Auto Parts from Japan

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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"] 

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