Tractors: Less Business with U.S. and Mexico

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.

Thursday, October 3, 2019

Tractor Imports in Central America Al December 31st, 2020  

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

Explore data in the interactive chart.

Imports by Country
From January to March 2019, the main tractor buyer in Central America was Honduras with $6 million, followed by Guatemala with $6 million, Costa Rica with $4.5 million, Panama with $4.1 million, El Salvador with $2.8 million and Nicaragua with $1.4 million.

Origin of Imports
From January to March of this year, 42% of the value imported from Central America came from the U.S., 27% from Mexico, 10% from Brazil and 4% from India.

Variation in Regional Imports
Between the first three months of 2018 and the same period in 2019, the value imported into the region decreased 36%, from $39 million to $25 million.

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More on this topic

Tractors: Central American Imports Improve

March 2021

After in May 2020, in the context of the pandemic caused by covid-19, regional purchases of tractors fell to a historic low of $4 million, in the following months imports showed a recovery.

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

Tractor Purchases Still Down

January 2020

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.

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

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"]

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