Import of transformers and electric converters in Central America Al September 30th, 2022  

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Imports by Country
Last year the main importer was Panama, with $72 million, followed by Costa Rica, with $67 million, Guatemala, with $56 million, Honduras, with $46 million, El Salvador, with $39 million and Nicaragua, with $31 million.

Variation in Regional Imports
Between 2017 and 2018, the value of imported transformers and electric converters and reactance coils in Central America fell 2%, from $317 million to $311 million.

Main Suppliers
For the first half of the year, 31% of the value imported from Central America was from the U.S., 16% from China, 12% from Mexico, 3% from Spain and 4% from Colombia.

China is the market of origin of imports that has grown the most in the last seven years, since in 2012 represented 11% of total imports in the region and this past year rose to 16%.

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

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More on this topic

More Chinese Electric Transformers in the Region

October 2019

In the first quarter of 2019, countries in the region imported electric transformers for $83 million, and purchases from companies in China increased 18% over the same period in 2018.

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

Electric Transformers: Imports up 6%

December 2018

In the first half of the year, Central American countries invested $164 million in purchasing electric transformers for $164 million, equivalent to a 6% increase over the same period in 2017.

Figures from the information system on the Transformers and Electrical Converters and Reactance Coils Market in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Central America Buys More Electric Transformers

September 2018

In the first quarter of the year, countries in the region imported $81 million worth of electrical transformers, registering an increase of 9% compared to the amount reported in the same period in 2017.

Figures from the information system on the Market for Transformers and Electric Converters and Reactor Coils in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

Electric Transformers: Market Figures in 2017

July 2018

Last year countries in the region imported $317 million worth of electric transformers, which is equivalent to an increase of 2% compared to the figures in 2016.

Figures from the information system on the Market for Transformers and Electric Converters and Reactor Coils in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]