Seasonality of Trade in Central America

Key information regarding the seasonality in the value of Central American trade in both the intra-regional and extra-regional markets.

Tuesday, August 5, 2014

Extracted from a report entitled "Seasonal patterns of trade in Central America: initial notes" issued by the Secretariat of Central American Economic Integration (SIECA):

Merchandise exports from Central America enjoy marked seasonal patterns, with March and May being the months where total exports had a seasonal variation of 8.6% and 3.5% respectively. In a distinct rhythm, during the months of February and April Central American exports observed a variation of -3.0% and -5.4% due to seasonal factors.

Click here to read the full report.



More on this topic

Tension in Nicaragua Affects Regional Trade

April 2018

Entrepreneurs from Costa Rica are paying attention to what is happening in its neighboring country, where 90% of Costa Rican exports to Central America are transported by land.

In a statement, the union of exporters noted that "... As representatives of the export sector, we are concerned about the transit of goods to the rest of the Central American region, which receives more than $2.3 billion in Costa Rican products. This considering that more than 90% of exports to Central America are made by land and that Nicaragua, as well as being a destination for our exports, is also our gateway to Guatemala, Honduras and El Salvador".

Intra Regional Trade Down 22%

October 2009

$900 million have been traded within Central America in the first half of this year, $261 million less than the same period of 2008.

The most affected sectors are construction, raw materials (chemical products), and industry (glass, plastics and metals), reported Luis Godoy, director of Agexport, the Guatemalan exporters association.

Inter Regional Trade Down 17%

July 2009

Trade between Central American countries decreased 17% in the first third of 2009, when compared to the same period of 2008.

According to data from the Central American Economic Integration Secretary, exports between the countries of the region reached $1.74 billion, $356 million less than the first third of 2008 ($2.1 billion).

Trade Figures Within Central America

April 2009

Of the total exports by the region, 29% goes to the countries that comprise it, reaching $6.403 billion at the end of 2008.

This figure is slightly above the average of 27.7% observed over the past five years.

The major exporters within the region are Guatemala, which has concentrated at least 33% of the average for the past four years, followed by El Salvador with 24%, Costa Rica with 23% and Honduras and Nicaragua added 20%. This suggests that the trade pattern has remained virtually unchanged in the area and that growth potential for trade and the market remain high, especially for Honduras and Nicaragua, countries that have shown a remarkable exporting dynamism.

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