China: Dominant Market for Truck Tire Imports in Central America

China is the source market for imports that has remained the most stable since 2012, since in that year it represented 42% of regional purchases and in 2020 it represents 72%.

Wednesday, July 14, 2021

Import of bus and truck tires in Central America Al June 30th, 2021  

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

Explore the data in the interactive display.

Guatemala and Costa Rica, Main Importers
In 2020, the top importer of bus and truck
tires in Central America was Guatemala, with $75 million, followed by Costa Rica, with $42 million, Honduras, with $31 million, Nicaragua, with $25 million, El Salvador with $18 million and Panama, with $10 million.

During 2020, Costa Rican and Guatemalan imports grew 5% and 2% respectively in year-on-year terms, being the only ones that increased at the regional level.

Nicaraguan imports decreased 6%, Honduran imports 20%, Salvadoran imports 20%, and Panamanian imports 44%.

Regional Business Down
Between 2019 and 2020 the value imported in the region registered a 7% increase, going from $219 million to $203 million.

For the years in question, purchases from China, also recorded a , in this case it was 3%, going from $144 million to $147 million.

Chinese Companies, Main Suppliers
In 2020, 72% of the value imported from Central America came from China, 4% from Japan, 4% from Thailand, 3% from Costa Rica, 3% from Brazil and 2% from the USA.

China is the market of origin of imports that has remained the most stable since 2012, since in that year it represented 42% of regional purchases and in 2020 it represents 72%.

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More on this topic

Thai Truck Tires Gain Presence in Central America

February 2021

In Central America, tires for buses and trucks from Thailand have gained importance in terms of the amount purchased, since in the first half of 2014 they represented 0.4% of total imports and for the same period of 2020 the proportion rose to 5%.

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

Truck Tires: Purchases to China grow 11%

January 2020

In the first six months of 2019, countries in the region imported $106 million in bus and truck tires, and purchases from companies in China grew 11% over the same period in 2018.

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

Tires for Trucks: Purchases are Down 7%

February 2019

In the first half of 2018, countries in the region imported $103 million in tires for buses and trucks, 7% less than reported in the same period in 2017.

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

Central America: Truck Tire Purchases Up 3%

July 2018

Last year, countries in the region imported $224 million worth of bus and truck tires, registering an increase of 3% compared to the figures in 2016.

Figures from the information system of the New Tire Market for Trucks and Buses in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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