Cell Phones: Regional Purchases Decline 11%

During the first six months of 2020, Central American countries imported cell phones for $541 million, 11% less than what was reported in the same period of 2019, a drop that is mainly explained by the behavior of Panamanian, Honduran and Salvadoran purchases.

Monday, February 22, 2021

Mobile Phone Market Imports in Central America Al June 30th, 2020  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphicClick to interact with the graphic

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Guatemalan Companies, Main Buyers
From January to June 2020 the main buyer of cell phones in Central America was Guatemala, with $224 million, followed by Costa Rica, with $137 million, El Salvador, with $78 million, Honduras, with $61 million, Panama, with $30 million and Nicaragua, with $12 million.

Between the first half of 2019 and the same period of 2020, Costa Rican imports were the only ones to increase, reporting a 3% rise.

Nicaraguan purchases decreased 2%, Guatemalan 5%, Salvadoran 20%, Honduran 27% and Panamanian 32%.

Variation in Regional Business
Between the first half of 2019 and the same period of 2020 the value imported in the region decreased 11%, falling from $606 million to $541 million.

For the periods in question purchases from Vietnam increased by 273%, rising from $18 million in 2019 to $68 million in 2020.

Origin of Imports
From January to June 2020, 45% of the value imported into the region came from China, 22% from the U.S., 13% from Hong Kong and 13% from Vietnam.

China is the country of origin of Central American imports that has grown the most, since in the first half of 2012 it represented 32% of the total value purchased, and in 2020 it rose to 45%.

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

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More on this topic

Cell Phones: Regional Purchases Up 27%

November 2019

During the first three months of 2019, Central American countries imported cell phones for $329 million, 27% more than what was reported in the same period of 2018.

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

Cell Phones in Central America: Figures up to March 2018

October 2018

During the first quarter of the year, countries in the region recorded $259 million in cell phone imports, and 62% were bought by companies in Guatemala and Costa Rica.

Figures from the information system on the Mobile Phone Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Cell Phones: Business in Honduras

September 2018

From January to March of this year, the country imported $34 million worth of mobile phones, 9% more than was purchased in the same period in 2017.

Figures from the Mobile Phone Market information system in Honduras, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Cell Phones in Central America: A $590 million business

December 2017

Between January and June 2017, the region imported $590 million worth of mobile phones, 10% more than the imports in the same period in 2016.

Figures from the information system on the Mobile Phone Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graphic"]

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