Communication Radios: Purchases from Mexico Increased in 2020

Last year, countries in the region imported communication radios for $52 million, and Central American purchases from Mexican companies increased by 79% compared to what was reported in 2019.

Wednesday, May 19, 2021

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

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphClick to interact with the graph

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Nicaraguan Companies, Main Buyers
In 2020 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.

Between 2019 and 2020, Nicaraguan imports were the only ones that increased, reporting a variation of 38%.

For the periods in question, Panamanian purchases decreased 18%, Guatemalan 20%, Honduran 48%, Costa Rican 55% and Salvadoran 63%.

China and the U.S., Main Suppliers
In 2020, 31% of the value imported from Central America came from China, 28% from the USA, 13% from Mexico, 3% from Hong Kong, 3% from Estonia and 2% from Malaysia.

In recent years China has been the market of origin of imports that has grown the most, since in 2012 it represented 12% of total purchases and in 2020 that proportion rose to 31%.

Regional Business Downward
Between 2019 and 2020 the imported value of communication radios in the region dropped 33%, decreasing from $78 million to $52 million.

In contrast to the behavior of purchases in general, for the years under analysis, imports from Mexico increased 79%, going from $4 million to $8 million.

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

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

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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 graphic"]