Vietnamese Cement in Central America

During the first quarter of 2019, Central American companies imported hydraulic cement for $47 million, and purchases from companies in Vietnam increased 155% over the same period in 2018.

Friday, September 20, 2019

Imports of hydraulic cement in Central America Al June 30th, 2019  

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

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Imports by Country
In the first quarter of the year, the main importer of hydraulic cements in Central America was Guatemala, with $15 million, followed by Nicaragua, with $12 million, Honduras, with $7 million, El Salvador, with $5 million, Panama, with $4 million and Costa Rica, with $3 million.

Variation in Regional Imports
Between the first quarter of 2018 and the same period in 2019, the value imported into the region grew 29%, from $36 million to $47 million.

Regional purchases from Vietnam show a considerable increase for the years concerned, since imports increased 156% from $3.7 million to $9.5 million.

Origin of Imports
From January to March, 20% of the value purchased came from Vietnam, 12% from Mexico, 8% from Turkey and 6% from Spain.

Vietnam is the market of origin of imports that has grown the most for the period in question of the last eight years, given that in 2012 no significant purchases were reported and in 2019 it accounted for 20% of total imports by the region.

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

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