More Chinese Electrical Cables in the Region

From January to June 2019, Central American companies imported $277 million worth of electrical wires and cables, and purchases from China increased 4% over the same period in 2018.

Tuesday, December 17, 2019

Import of electrical wires and cables to Central America Al March 31st, 2020  

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Regional Business Upwards
In the first half of 2019, Central American imports of electric cables registered a slight increase of 3% with respect to the same period of the previous year, due to an increase from $269 million to $277 million.

Costa Rican Companies, Main Buyers
In the first six months of the year, the main importer of wires, cables and other conductors for electricity in Central America was Costa Rica, with $85 million, followed by Panama, with $59 million, Guatemala, with $48 million, Honduras, with $46 million, El Salvador, with $22 million and Nicaragua, with $18 million.

Origin of Imports
From January to June, 23% of the value imported from Central America came from Mexico, 21% from the U.S., 13% from China, 7% from Panama Free Zone and 4% from Spain.

For the semester in question of the last eight years, Mexico is the market of origin of imports that has grown the most, since in 2012 represented 17% of the total value purchased by the region and in 2019 this proportion rose to 23%.

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

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Electrical Cable Market: $120 Million in Business

September 2020

From January to March 2020, Central American companies imported $22 million in electrical cables and wires, and purchases from China increased by 13% compared to the same period in 2019.

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

Electrical Cables: Business with U.S. Up 23%

September 2019

From January to March 2019, Central American companies imported $133 million in electrical wires and cables, and purchases from the U.S. increased 23% over the same period in 2018.

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

Electric Cables: $539 Million in Purchases

July 2019

During 2018, Central American companies imported electric wires and cables for $539 million, and 70% were bought by companies in Costa Rica, Guatemala and Panama.

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

Electric Cables: Central American Imports

August 2018

In the first quarter of the year, countries in the region imported $169 million worth of electrical wires and cables, and 48% were purchased by companies in Nicaragua and Costa Rica.

Figures from the information system on the Market for Wires, Cables and Other Electricity Conductors in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]

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