Medicines: $232 Million in Business with Mexico

From January to October 2019, purchases of pharmaceutical products made by Central American countries from companies in Mexico totaled $232 million, and 63% was purchased by companies in Panama and Costa Rica.

Monday, January 20, 2020

Central American imports of pharmaceutical products from Mexico Al October 31st, 2019  

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Panama, Main buyer
In the first ten months of 2019, the main buyer of pharmaceutical products from Mexico continued to be Panama, with $110 million, followed by Guatemala with $37 million, Costa Rica with $36 million, El Salvador with $22 million, Honduras with $15 million and Nicaragua with $13 million.

In the first ten months of 2019, companies in Panama, Costa Rica and Nicaragua, an area known as the Southern Triangle of the region, concentrated 69% of Central American purchases from Mexico.

Variation in Regional Imports
Between the first ten months of 2018 and the same period in 2019, the value imported recorded a 13% decrease, from $266 million to $232 million.

The increase for the months in question contrasts with the behavior reported in the same period of 2018, since from January to October of that year the year-on-year increase was 11%.

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CentralAmericaData is the leading B2B market research company in Central America. We specialize in compiling, validating and analyzing data from the economic activities in Central American and South American countries, along with Mexico. We provide our clients and companies with presence in the region relevant information to define business strategies and make adequate decisions. Learn more about our services here



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

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In the first three months of the year, imports of pharmaceutical products in Central America totaled $835 million, 15% more than in the same period in 2018.

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

Pharmaceuticals: Regional Business Keeps Rising

February 2019

In the first nine months of last year, imports of pharmaceutical products in Central America totaled $2,418 million, 4% more than in the same period in 2017.

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

Pharmaceuticals: Purchases from Mexico up 9%

November 2018

Between January and September 2018, imports of pharmaceutical products by Central American countries from Mexico totaled $231 million, 9% more than in the same period in 2017.

Figures from the information system "Commerce between Central America and Mexico", from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

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