Footwear: $141 Million in Regional Purchases

Between January and March 2020, Central America allocated $141 million to the import of footwear and its parts, 13% less than in the same period in 2019, with Panama and Honduras being the markets that registered the most significant reductions.

Wednesday, September 23, 2020

Footwear and its Parts Imports in Central America Al March 31st, 2020  

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

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Panamanian companies, main buyers
During the first three months of 2019 the main buyer of footwear and parts in Central America was Panama, with $38 million, followed by Guatemala, with $35 million, Costa Rica, with $24 million, El Salvador, with $18 million, Honduras, with $15 million and Nicaragua, with $10 million.

Regarding the year-on-year variation of purchases, five of the six countries registered declines. In Honduras imports fell 22%, in Panama 19%, in Costa Rica and El Salvador 11%, in both cases, and in Guatemala 9%.

Nicaragua was the only market that increased its imports; in this case, purchases varied by 7% when compared to the first quarter of 2019.

Variation in Regional Imports
Between January and March 2019 and the same period in 2020, the value imported into the region fell by 13%, from $162 million to $141 million.

In contrast to the overall performance, for the periods in question, imports from Indonesia increased by 35%, from $1.6 million to $2.1 million.

Origin of Imports
As of March 2020, 37% of the value imported into the region came from China, 6% from the US, 5% from Vietnam and 4% from Mexico.

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

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More on this topic

Footwear: In Which Markets Did Imports Fall the Most?

February 2020

Between January and September 2019, Central America spent $462 million on footwear and parts imports, 5% less than in the same period in 2018, with Costa Rica and Honduras being the markets that recorded the most significant reductions.

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

Footwear: Business with Vietnam Still Rising

November 2019

Between January and June of this year, the region imported $304 million in footwear and footwear parts, and purchases from companies in Vietnam grew 13% over the same period in 2018.

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

Footwear: Purchases Increase from Vietnam and Mexico

November 2018

Between January and June 2018, the region imported footwear and related parts for $313 million, and purchases to Vietnam and Mexico increased 34% and 3%, respectively.

Figures from the information system of the Footwear Market and Related Parts in Central America, from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Footwear: Trade in Central America

July 2018

Between January and March 2018 the region imported $168 million worth of footwear and parts, and purchases in Vietnam and Brazil increased by 14% and 4%, respectively.

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

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