Electric Generators: Strong Increase in Purchases in 2018

During the last year, imports of electric motors and generators totaled $222 million, 46% more than in 2017, which is largely because of purchases from El Salvador from Spanish companies.

Monday, August 5, 2019

Import of electric motors and generators in Central America Al June 30th, 2020  

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Regional Imports Increase
Between 2017 and 2018, the value of imported electric motors and generators in Central America increased considerably, from $152 million to $222 million.

This increase at the Central American level is explained by the behavior of the purchases of Salvadoran companies from Spanish companies, since only during September 2018 imports from the European country amounted to $84 million.

El Salvador, Main Importer
Last year, the main buyer of electric motors and generators in Central America was El Salvador, with $116 million, followed by Guatemala, with $38 million, Costa Rica, with $24 million, Panama, with $22 million, Honduras, with $15 million and Nicaragua, with $8 million.

Main Suppliers
During 2018, 44% of the value imported from Central America came from Spain, 16% from the U.S., 7% from China, 6% from Croatia, 4% from Germany and 3% from Mexico.

Spain is the country of origin of Central American imports that has grown the most for the last seven years, since in 2012 represented 9% of the total value purchased and in 2018 reached 44%.

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

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More on this topic

Electric Generators: More Purchases in El Salvador and Panama

December 2019

In the first half of 2019, purchases of electric motors and generators in the region totaled $84 million, and imports made by companies in El Salvador and Panama grew 80% and 35%, respectively.

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

Electric Generators: Slight Rise in Regional Purchases

October 2019

During the first quarter of the year, imports of electric motors and generators in Central America totaled $48 million, an amount that is barely 2% higher than the purchases recorded in the same period in 2018.

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

Electric Generators: Purchases up 80%

April 2019

From January to September 2018, imports of electric motors and generators totaled $195 million, 80% more than in the same period in 2017, because of purchases from El Salvador from Spanish companies.

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

Electric Generators: Business in the Region

February 2019

In the first six months of 2018, purchases of electric motors and generators in the region totaled $74 million, of which 51% was imported by companies in El Salvador and Guatemala.

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

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