Electric Cables: $539 Million in Purchases

During 2018, Central American companies imported electric wires and cables for $539 million, and 70% were bought by companies in Costa Rica, Guatemala and Panama.

Monday, July 22, 2019

Import of electrical wires and cables to Central America Al March 31st, 2020  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click here to interact with graphicsClick here to interact with graphics

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Regional Business Downwards
In 2018, Central American imports of electric cables decreased 32% with respect to the previous year, as a result of a decrease from $791 million to $539 million.

Costa Rican Companies, Main Buyers
Last year, the main importer of wires, cables and other conductors for electricity in Central America was Costa Rica, with $164 million, followed by Guatemala, with $110 million, Panama, with $104 million, Honduras, with $79 million, El Salvador, with $42 million and Nicaragua, with $41 million.

Origin of Imports
During 2018, 25% of the value imported from Central America was from Mexico, 21% from the U.S., 13% from China, 7% from Panama Free Zone and 2% from Spain.

In the last seven years Mexico is the market of origin of imports that has grown the most, since in 2012 represented 16% of the total value purchased by the region and in 2018 this proportion rose to 25%.

Note: For this report, prepared by CentralAmericaData, SIECA data were used.

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More on this topic

Electrical Cables: Business with U.S. Up 23%

September 2019

From January to March 2019, Central American companies imported $133 million in electrical wires and cables, and purchases from the U.S. increased 23% over the same period in 2018.

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

Electric Cables: $400 Million Market

April 2019

In the first nine months of 2018, Central American countries imported $399 million in electrical wires and cables, and 50% were bought by companies in Costa Rica and Guatemala.

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

Electrical cables: Imports up to June 2018

November 2018

During the first half of the year, countries in the region imported $197 million in electrical cables and wires, and 63% were bought by companies in Nicaragua, Costa Rica and Guatemala.

Figures from the information system of the Market of Wires, Cables and Other Electrical Conductors in Central America, from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Guatemala Imports More Electric Cables from Mexico

July 2018

During the first quarter of the year, companies in Guatemala allocated $11 million to the purchase of electric cables in Mexico, 29% more than was reported in the same period in 2017.

Figures from the information system on the Electric Cables Market in Guatemala, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]

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