Human Vaccines: $250 Million in Regional Purchases

Purchases of vaccines for human use in Central America as of the third quarter of 2021 represented a value of $250 million, with Guatemalan companies being the main importers with $73 million.

Monday, June 6, 2022

Vaccine for Human Use Imports in Central America Al September 30th, 2021  

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

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Guatemalan Companies, Main Buyers
During the third quarter of 2021 the main importer of vaccines for human use in Central America was Guatemala $72.6 million, followed by Honduras with $44.8 million, followed by Costa Rica with $24.7 million, Panama with $22.3 million, Nicaragua with $18.8 million, however, El Salvador shows no movement.

Central American countries recorded year-on-year increases in their purchases, for Honduras 203.9%, Guatemala 187.5%, Nicaragua 115.4%, Costa Rica 31.5% and Panama 14.1%.

Variation in Regional Business
Between January and September 2020 and the same period in 2021, the value imported in the region increased, going from $100.8 million to $249.5 million, which is equivalent to a positive variation of 147.5%.

Despite the increase reported for the periods in question, purchases from U.S. companies decreased as a proportion of total sales by 5.18%; however, there was an increase in the value of vaccines for human use from $29.5 million to $60 million.

USA, Main Supplier
As of September 2021, 24.05% of the imported value in the region came from the U.S.A., followed by China with 20.61%, Belgium with 16.3%, Russia with 9.66% and South Korea with 5.55%.

Purchases from China have gained ground in recent years, as in the third quarter of 2010 they represented 0.04% of total regional imports and in the same period of 2021 the proportion increased to 20.61%.

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