Auto Parts in Guatemala: $240 Million Purchases

Between January and September 2019, imports of vehicle parts into the country totaled nearly $240 million, and 34% were purchased from companies in China and Japan.

Thursday, February 20, 2020

Import of auto parts in Guatemala Al September 30th, 2019  

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Import Variation
According to CentralAmericaData estimates, between January and September 2018 and the same period in 2019 the value of imported vehicle parts and spare parts in Guatemala registered a slight increase of 0.55%, rising from $238 million to $240 million.

Origin of Imports
From January to September 2019, 33% of the value imported into Guatemala came from the United States, 21% from China, 13% from Japan, 8% from Taiwan, 8% from Mexico, 8% from Germany and 2% from South Korea.

China is the country of origin of Guatemalan imports that has grown the most for the months in question over the last seven years, since in 2012 it represented 9% of the total value purchased, and in 2019 it rose to 21%.

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In the first three months of the year imports of vehicle parts in the country totaled approximately $53 million, and purchases from China grew by 13% compared to the same period in 2017.

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

Auto parts: Nicaraguan Market Up 8%

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In the first quarter of the year, the country reported nearly $20 million in purchases of vehicle parts, 8% more than in the same period in 2017.

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

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: Market Continues to Rise

June 2018

In 2017 imports of vehicle parts in Guatemala totaled approximately $306 million, which represents an increase of 4% compared to the previous year.

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

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