Motorcycles in Central America: $237 Million in Business

From January to September 2020, motorcycle imports in the region totaled $237 million, 11% less than in the same period of 2019, a drop explained by the behavior of purchases from El Salvador, Honduras, Panama and Costa Rica.

Wednesday, April 14, 2021

Import of motorcycles in Central America Al December 31st, 2020  

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Figures from the Trade Intelligence Unit of CentralAmericaData: Click to interact with the graphClick to interact with the graph

Explore the data in the interactive display.

Downturn in Central American Purchases
Between January and September 2019 and the same period of 2020 the value imported in the region decreased by 11%, going from $265 million to $237 million.

In contrast to the behavior of imports in general, for the periods in question, purchases made from Austrian companies increased by 12%.

Guatemala, Main Importer
In the first nine months of 2020, the main importer in the region continued to be Guatemala, with $118 million, followed by Honduras with $40 million, Costa Rica with $27 million, Nicaragua with $26 million, El Salvador with $21 million and Panama with $5 million.

Nicaragua and Guatemala were the only markets in the region that during January to September 2020 increased their imports in year-on-year terms, registering 54% and 1% variations, respectively.

Costa Rica reported a variation of -20%, Honduras -29%, Panama -31% and El Salvador -37%.

Most Important Suppliers
From January to September, 55% of the value imported from Central America came from China, 31% from India, 2% from the USA, 2% from Japan and 2% from Germany.

India is the market of origin of imports that has grown the most for the period in question in recent years, since in 2012 purchases from that country represented 27% and in 2020 the proportion rose to 31%.

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More on this topic

Motorcycles: Imports Fall 11%

December 2020

From January to June 2020, motorcycle imports in Central America totaled $164 million, 11% less than in the same period in 2019, a decrease that is explained by the behavior of purchases from El Salvador, Honduras, Panama and Costa Rica.

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

Vaccines: Panamanian Market Boosts Purchases

March 2020

From January to September 2019, companies in the region bought vaccines for human use abroad for $154 million, 56% more than what was reported for the same period in 2018, a rise that is mainly explained by the behavior of imports in Panama.

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

Motorcycles in Guatemala: $117 Million in Purchases

February 2020

From January to September 2019, motorcycle imports into the Central American country reached $117 million, and 80% of total purchases were made from companies in China and India.

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

Motorcycles: Purchases from India Fall 19%

September 2019

From January to March 2019, Central American imports of motorcycles totaled $103 million, and purchases from companies in India decreased by 19% over the same period in 2018.

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

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