Tractor Purchases Still Down

In the first six months of 2019, Central American countries spent $54 million to import tractors, and purchases from companies in the U.S. and Mexico fell in year-on-year terms by 42% and 14%, respectively.

Monday, January 20, 2020

Tractor Imports in Central America Al June 30th, 2019  

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Imports by Country
From January to June 2019, the main buyer of tractors in Central America was Guatemala with $15 million, followed by Honduras with $14 million, Costa Rica with $9 million, Panama with $8 million, El Salvador with $6 million and Nicaragua with $2 million.

Origin of Imports
From January to June this year, 45% of the value imported from Central America came from the USA, 25% from Mexico, 10% from Brazil and 4% from China.

Variation in Regional Imports
Between the first six months of 2018 and the same period in 2019, the value imported into the region fell by 40%, from $90 million to $54 million.

For the periods in question purchases from the U.S. fell from $42 million to $24 million, and in the case of business with companies in Mexico decreased from $19 million to $13.5 million.

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More on this topic

Tractors: Less Business with U.S. and Mexico

October 2019

In the first three months of 2019, Central American countries spent $25 million on tractor imports, and purchases from companies in the U.S. and Mexico fell 31% and 29% year-on-year, respectively.

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

Tractors: More Business with Mexico in 2018

July 2019

Last year, Central American companies added $180 million in tractor purchases, and imports from Mexico increased 22% over 2017.

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

Tractor Imports from USA Up 17%

December 2018

In the first half of the year, Central American countries spent $90 million on tractor purchases, and imports from the U.S. increased 17% over the same period in 2017.

Figures from the information system on the Tractor Market in Central America complied by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

Tractors in Central America: Market Up 13%

June 2018

Last year countries in the region imported $187 million worth of tractors, 13% more than what was reported in 2016, and 56% was purchased by companies in Costa Rica and Guatemala.

Information from the interactive system "Tractor Market in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, [GRAFICA caption="Click to interact with graph"]

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