Central America: Cell Phone Market Grows 10%

Last year countries in the region imported $1.269 billion worth of mobile phones, which is equivalent to an increase of 10% over the previous year.

Friday, June 8, 2018

Mobile Phone Market Imports in Central America Al March 31st, 2019  

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Information from the interactive system "Cell Phone Market in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, Click to interact with graphClick to interact with graph

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Imports by country 
In 2017, the main cell phone buyer in Central America was Guatemala, with $494 million, followed by Costa Rica, with $309 million, El Salvador, with $175 million, Honduras, with $134 million, Panama, with $90 million and Nicaragua, with $66 million. 

Variation of regional imports 
Between 2016 and 2017, the value imported into the region grew by 10%, increasing from $1.153 billion to $1.269 billion. The growth registered in 2017 reflects a recovery in imports, as in 2016 a decrease of 8% was reported compared to the previous year.

For the years in question, purchases from the US grew by 16%, rising from $485 million in to $564 million.

Origin of imports 
In 2017, 51% of the value imported into the region came from the USA, 26% from China, 15% from Hong Kong and 9% from Vietnam.

The USA it is the country of origin of Central American imports that has grown the most, as in 2015 it represented 37% of the total value purchased, and in 2017 this figure rose to 51%.

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More on this topic

Cell Phones: $1.2 Billion in Purchases in 2018

July 2019

Last year, Central American countries imported cell phones for $1.231 million, and 64% were bought by companies in Guatemala and Costa Rica.

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