Central America: Mexican Footwear Gaining Ground

In recent years, Mexican footwear has gained importance in terms of the amount purchased, since from January to September 2012 it represented 2% of total regional imports and for the same period in 2020 the proportion rose to 5%.

Thursday, April 15, 2021

Footwear and its Parts Imports in Central America Al September 30th, 2022  

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Regional Business Down
Between January-September 2019 and the same period of 2020 the imported value of footwear and its parts in Central America registered a 48% decrease, going from $520 million to $271 million.

For the periods in question, imports from China and the U.S. decreased by 45% and 23%, respectively.

Guatemalan Companies, Main Buyers
As of September 2020, the main importer in the region continued to be Guatemala, with $46 million, followed by Costa Rica, with $57 million, Panama, with $56 million, El Salvador, with $37 million, Honduras, with $29 million and Nicaragua, with $23 million.

For the period in question, all Central American markets decreased their purchases. In Nicaragua, imports fell 20% year-on-year, in Costa Rica 28%, in Guatemala 36%, in El Salvador 39%, in Honduras 42% and in Panama 58%.

China, Main Supplier to the Region
In the first nine months of 2020, 39% of the value imported from Central America came from China, 8% from the USA, 5% from Mexico, 5% from Vietnam, 3% from Brazil, 1% from Indonesia and 1% from Colombia.

For the months in question in recent years, Mexico has been one of the source markets for purchases that has grown the most, rising from 2% in 2012 to 5% in 2020.

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More on this topic

Central America: Chinese Footwear Gains Ground

January 2021

In recent years Chinese footwear has become more important in terms of the amount purchased, since in the first half of 2012 they represented 27% of total regional imports and for the same period in 2020 the proportion rose to 39%.

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

Footwear: Purchases to Mexico Fall 5%

October 2020

From January to July 2020, Central American companies imported $11 million in footwear and parts from Mexico, 5% less than in the same period in 2019, a decrease that is explained by the behavior of purchases by Panamanian and Guatemalan companies.

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

Footwear: In Which Markets Did Imports Fall the Most?

February 2020

Between January and September 2019, Central America spent $462 million on footwear and parts imports, 5% less than in the same period in 2018, with Costa Rica and Honduras being the markets that recorded the most significant reductions.

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

Sports Footwear: Importation decreased 3%

April 2019

Between January and September 2017 and the same period in 2018, the value of imported sports footwear in Central American countries fell from $41.1 million to $39.8 million.

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

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