Footwear: In Which Markets Did Imports Fall the Most?

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.

Monday, February 24, 2020

Footwear and its Parts Imports in Central America Al June 30th, 2020  

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Panamanian Companies, Main Buyers
During the first nine months of 2019 the main buyer of footwear and parts in Central America was Panama, with $134 million, followed by Guatemala, with $109 million, Costa Rica, with $79 million, El Salvador, with $62 million, Honduras, with $51 million and Nicaragua, with $29 million.

Regarding the year-on-year change in purchases, all countries registered declines. In Costa Rica, imports fell by 6%, while in Honduras, Guatemala and El Salvador, they fell by 5% in all cases. In Panama and Nicaragua, the decreases recorded were 4% and 0.3%, respectively.

Variation in Regional Imports
Between January and September 2018 and the same period in 2019, the value imported into the region fell by 5%, from $486 million to $462 million.

In contrast to the overall performance, for the periods in question, imports from Vietnam increased by 12%, from $22 million to $25 million.

Origin of Imports

As of September 2019, 37% of the value imported into the region came from China, 5% from Vietnam and 5% from the USA.

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

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More on this topic

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"]

Sports Footwear: Importation decreased 3%

April 2019

Between January and September 2017 and the same period in 2018, the value of imported sports footwear in Central American countries fell from $41.1 million to $39.8 million.

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