Thai Truck Tires Gain Presence in Central America

In Central America, tires for buses and trucks from Thailand have gained importance in terms of the amount purchased, since in the first half of 2014 they represented 0.4% of total imports and for the same period of 2020 the proportion rose to 5%.

Wednesday, February 10, 2021

Import of bus and truck tires in Central America Al December 31st, 2021  

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

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Guatemala and Costa Rica, Main Importers
From January to June 2020 the top importer of bus and truck tires in Central America was Guatemala, with $32 million, followed by Costa Rica, with $20 million, Honduras, with $16 million, Nicaragua, with $13 million, El Salvador with $8 million and Panama, with $5 million.

During the first half of 2020, Costa Rican imports grew 10% in year-on-year terms, being the only ones at the regional level to have increased.

Guatemalan imports decreased 6%, Honduran imports 10%, Nicaraguan imports 14%, Salvadoran imports 25% and Panamanian imports 47%.

Regional Business Down
Between the first six months of 2019 and the same period of 2020 the value imported in the region registered a 10% drop, going from $106 million to $95 million.

For the periods in question, purchases from China also fell, in this case by 3%, from $68 million to $66 million.

Chinese Companies, Main Suppliers
As of June 2020, 70% of the value imported from Central America came from China, 5% from Japan, 5% from Thailand, 3% from Brazil, 2% from Mexico and 2% from the USA.

Thailand is one of the markets of origin of imports that has grown the most for the period in question in recent years, since in 2012 it represented 0.4% of regional purchases and in 2020 that proportion rose to 5%.

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More on this topic

Truck Tires: China is the Main supplier

July 2022

For 2021, the value of imports of tires for use in buses and trucks in Central America is observed for $299 million, which is an increase in the variation of almost 40% from the period analyzed from 2012 to 2020, in addition, the main supplier of this product is China, which has led in the region.

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

Truck Tires: Guatemala is the Main Importer in 2021

October 2021

In the second quarter of 2021, Guatemala is positioned as the largest importer in the Central American region with $32.3 million, during this period the main country supplying tires for trucks and buses is China.

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

Truck Tires: Purchases to China grow 11%

January 2020

In the first six months of 2019, countries in the region imported $106 million in bus and truck tires, and purchases from companies in China grew 11% over the same period in 2018.

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

Tires for Trucks: Purchases Keep Falling

May 2019

In the first nine months of 2018, countries in the region imported $158 million in tires for buses and trucks, 5% less than reported in the same period in 2017.

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