Bogotá Highlights Potential of CA Imports

The Bogotá Chamber of Commerce (BCC) conducted a market study in Costa Rica, El Salvador and Guatemala, noting the volume of imports from these economies.

Wednesday, October 13, 2010

María Fernanda Campo, President of the BCC at the time of the study, said "We were analyzing the economies of Central American countries and found they are good importers and therefore have tremendous market potential."

To put this in perspective, indicates that these three countries imported $ 33,000 million, the same level of Colombia, although the latter is a considerably larger economy.

For each country, the CCB studied 18 sectors with good potential:
-For Guatemala: dictionaries and encyclopedias, iron and steel, shirts, ceramic and plastic tableware.
-For El Salvador: fungicides, makeup, perfume, hair preparations, pottery and iron and steel products.
-For Costa Rica: plastic bags, shoes, books and brochures, makeup, marbles, perfume and pottery.

Market Intelligence

Everything about market research imports in Central America.

Top importers - Quantities, amounts and prices.

more info

More on this topic

Less Business Between Costa Rica and Colombia

July 2017

Between 2014 and 2016 Costa Rican exports to the South American country fell by 10%, while imports declined by nearly 6% in the same period.

Almost a year after the entry into force of the FTA, the high competitiveness of the Colombian market, mainly in the food and industrial sectors, is hampering growth of exports of Costa Rican goods. Sales from the South American country to Costa Rica have also declined, going from $326 million in 2012 to $292 million last year.

The Difficulties of Exporting to India and China

May 2015

If Central America does not add more value-through diversification and industrialization to its currently limited supply of agricultural products it will be difficult for it to capitalize on the growth of these markets.

A study by the Association for Research and Social Studies analyzes Central American trade relations with India and China, and concludes that it is necessary to achieve a higher level of industrialization and diversification of the export supply in order to capitalize on the growing markets of these two countries.

Guatemala's Delay in Trading with China

June 2013

The announced opening of a sales office in China is being urged by the business sector, which believes that the current policy to the second largest economy in the world is unsustainable.

Carlos Gonzalez, an analyst at the Association for Research and Social Studies (ASIES) believes that there is a delay on the part of Guatemala in trade between the two nations, because China has invaded the national market and it is necessary to have a presence in that large country.

Costa Rica Could Export More to Chile

June 2011

The Chilean market, current recipient of some Costa Rican products, could be better utilized by exporters.

Chile is already one of Costa Rica’s trading partners, selling the country juices, fruit concentrates, food preparations and cassava (yuka).

This list of products could be expanded if exporters take advantage of the opportunity and increase the diversification of exportable products, which according to a study by the Costa Rica Promoter of International Trade of (Procomer), is a possibility.

 close (x)

Receive more news about Exports & imports

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

ICC Costa Rica / Camara de Comercio Internacional

Organization that operates in Costa Rica.
Phone: (506) 2221 0005 - (506) 2257 3282

Company Profile

Stock Indexes

(Dec 15)
Dow Jones
S&P 500


(Dec 15)
Brent Crude Oil
Coffee "C"