Guatemala Imports More Electric Cables from Mexico

During the first quarter of the year, companies in Guatemala allocated $11 million to the purchase of electric cables in Mexico, 29% more than was reported in the same period in 2017.

Friday, July 20, 2018

Import of wires and electric cables in Guatemala Al March 31st, 2018  

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Figures from the information system on the Electric Cables Market in Guatemala, compiled by the Business Intelligence Unit at CentralAmericaData : Click to interact with graphClick to interact with graph

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Variation of imports  
Between the first quarter of 2017 and the same period in 2018 the import value of electrical wires and cables in Guatemala increased by 34%, rising from $20 million to $26 million. 

For the periods in question, imports from Mexico also reported an increase, rising from $8 million in 2017 to $11 million in 2018.

Origin of imports 
From January to March 2018, 40% of the import value came from Mexico, 28% from Costa Rica, 12% from China, 11% from the US, 2% from El Salvador and 1% from Puerto Rico.

Mexico is one of the markets of origin of imports that has grown the most in the first quarters of the last seven years.  In 2012 it represented 16% of the total value imported, and this year the figure rose to 40%. 

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