Electric Generators: More Purchases in El Salvador and Panama

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.

Friday, December 13, 2019

Import of electric motors and generators in Central America Al December 31st, 2020  

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Regional Imports Increase
Between the first half of 2018 and the same period in 2019, the value of imported electric motors and generators in Central America increased from $74 million to $84 million.

This increase at the Central American level is partly explained by the behavior of the purchases of Salvadoran companies from Spanish companies, since only during March 2019 imports from the European country amounted to $18 million.

El Salvador, Main Importer
From January to June 2019, the main buyer of electric motors and generators in Central America was El Salvador, with $36 million, followed by Panama, with $16 million, Guatemala, with $13 million, Costa Rica, with $10 million, Honduras, with $6 million and Nicaragua, with $2 million.

Top Suppliers
Up to June 2019, 32% of the value imported from Central America came from Spain, 19% from the USA, 15% from China, 13% from Germany, 3% from Mexico and 2% from Brazil.

Spain is the country of origin of Central American imports that has grown most for the period in question of the last eight years, since in 2012 represented 0.5% of the total value purchased and in 2019 reached 32%.

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

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More on this topic

Electrical Generators: Regional Imports Fall 40%

September 2020

In the first three months of 2020, Central American companies bought electric motors and generators abroad for $29 million, 39% less than what was reported for the same period in 2019.

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

Electrical Generators: Market Study

April 2020

In the first nine months of 2019, the region's companies bought electric motors and generators abroad for $127 million, 35% less than what was reported for the same period in 2018.

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

Electric Generators: Strong Increase in Purchases in 2018

August 2019

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.

Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA 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"]

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