Radios: Purchases from Nicaragua are Increasing

During the second quarter of 2021, purchases of Nicaraguan companies were positioned in the region with $10 million, the main supplier in Central America was the United States with 28% of sales.

Wednesday, November 17, 2021

Import of communication radios in Central America Al June 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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Nicaraguan Companies, Main Buyers
From January to June 2021, the main importing country in Central America was Nicaragua with $9.7 million, followed by Panama with $6 million, Costa Rica with $4.9 million, Guatemala with $2.9 million, Honduras with $2.8 million and El Salvador with $2.6 million.

Variation in Imports
For the second quarter of 2021, purchases from Guatemala, Costa Rica and El Salvador increased by 69.8%, 53.1% and 45.2% respectively, while they decreased for Nicaragua, Panama and Honduras by 5.6%, 12.2% and 32.4% in their order.

Origin of Imports
In the first six months of 2021, 28.43% of the value imported from Central America came from the USA, 24.01% from China, 9.97% from Hong Kong, 7.38% from Estonia, 6.83% from Mexico and 3.76% from Panama.

For the period in question over the last eight years, Estonia has been the market of origin of imports that has grown the most, since in 2012 it represented 0.06% of total purchases and in 2021 that proportion rose to 7.38%.

Regional Business Rising
Between January and June 2020 and the same period in 2021, the imported value of communication radios in the region grew 12.42%, increasing from $28.9 million to $32.5 million.

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Regional business for the second quarter of 2021 increased by 101% compared to the same period of 2020, with Costa Rica being the main importer with $203 million.

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

Electric Cables: $335 Million in Regional Purchases

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During the second quarter of 2021, purchases made by the Central American region reached $335 million, with Costa Rican companies being the main importers of electrical cables with $72 million.

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

Cell Phones: Regional Purchases Increase 38%

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In the second quarter of 2021, Guatemalan purchases remained at $223.7 million, the main supplier was China with 38.2%.

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

Water Heaters: Brazil, Main Distributor

October 2021

For the first quarter 2021, in the Central American region, who positioned itself as the largest importer of water heaters was Costa Rica, the country as the main supplier is Brazil.

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

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