Cell Phones: Regional Purchases Increase 38%

In the second quarter of 2021, Guatemalan purchases remained at $223.7 million, the main supplier was China with 38.2%.

Tuesday, November 9, 2021

Mobile Phone Market Imports in Central America Al June 30th, 2021  

CentralAmericaDataINFORMACIÓN DE MERCADOS

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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 2021, the main buyer of cell phones in Central America was Guatemala, with $223.7 million, followed by Costa Rica with $136.6 million, El Salvador with $75 million, Honduras with $61 million, Panama with $30.3 million and Nicaragua with $12.2 million.

In the second half of 2021 and the same period of 2020 imports increased, in the case of Nicaraguan purchases increased 42.67%, Guatemalan 33.67%, Salvadoran 67.73%, Honduran 57.01%, Costa Rican 13.09% and Panamanian 87.17%.

Variation in Regional Business
Between the second half of 2020 and the same period of 2021, the value imported in the region grew 38.39%, increasing from $541.4 million to $749.3 million.

For the periods in question, purchases from the United States decreased by 5.41%, going from $120.1 million in 2020 to $126.6 million in 2021.

Origin of Imports
From January to June 2021, 38.2% of the value imported into the region came from China, 25.25% from Vietnam, 16.9% from the U.S., 15.2% from Hong Kong and 2.01% from Panama.

China is the country of origin of Central American imports that has grown the most, since in the first half of 2012 it represented 32.47% of the total value purchased and in 2021 it rose to 38.20%.

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

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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.

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

Cell Phones: Regional Purchases Up 27%

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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"]

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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"]