Communication Radios: Nicaragua, Main Importer

By 2021, purchases of communication radios reached $69 million in Central America, with Nicaragua being the main importer in the Central American region for $15 million, the largest supplier was China with 37% of total sales, representing $25 million.

Monday, June 27, 2022

Import of communication radios in Central America Al December 31st, 2021  

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

Explore the data in the interactive display.

Nicaraguan Companies, Main Buyers
In 2021, the main importing country in Central America was Nicaragua with $15 million, followed by Panama with $11 million, Costa Rica with $9 million, Guatemala with $7 million, El Salvador with $6 million and Honduras with $5 million.

However, the Central American countries increased their imports of communication radios by 53% in Nicaragua, 40% in El Salvador, 38% in Guatemala, 35% in Costa Rica, 1% in Panama and only Honduras had an imperceptible negative percentage variation of 0.21%.

Origin of Imports
During 2021, 37% of the value imported from Central America came from China, 24% from the USA, Hong Kong with 8%, 7% from Mexico and 4% from Estonia.

For the period in question in recent years China has been the market of origin of imports that has grown the most, since in 2012 it represented 11.92% of total purchases and in 2021 that proportion rose to 36.67%.

Regional Business Upward
Between 2020 and the same period of 2021, the imported value of communication radios in the region rose 31%, growing from $52 million to $69 million.

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

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Figures from CentralAmericaData's Trade Intelligence Department: [GRAFICA caption="Click to interact with the graphic"]

Radio Communication: Purchases Up 12%

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In the first nine months of 2018, countries in the region imported $100 million in communications radios, 12% more than what was purchased in the same period in 2017.

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

Communication Radios: Trade Figures in Central America

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In the first three months of 2018, countries in the region bought $34 million worth of communication radios, and 76% were imported by companies in Honduras, Costa Rica and Panama.

Figures from the information system on the Market for Communication Radios and Similar Devices in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]