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Tractors in Central America: Market Up 13%

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.

Friday, June 29, 2018

Tractor Imports in Central America Al March 31st, 2021

CentralAmericaDataINFORMACIÓN DE MERCADOS

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CentralAmericaData is the leading B2B market research company in Central America. We specialize in compiling, validating and analyzing data from the economic activities in Central American and South American countries, along with Mexico. We provide our clients and companies with presence in the region relevant information to define business strategies and make adequate decisions. Learn more about our services here

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

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Imports by country
In 2017, the main purchaser of tractors in Central America was Costa Rica, with $61 million, followed by Guatemala, with $45 million, Nicaragua, with $22 million, Honduras and Panama, with $21 million each, and El Salvador, with $16 million.

Variation of regional imports
Between 2016 and 2017, the import value of tractors and their parts in Central America increased by 13%, rising from $165 million in 2016 to $187 million in 2017.

The increase recorded in 2017 represents a recovery in imports, as between 2015 and 2016 regional purchases abroad reported a 1% decrease, falling from $167 million to $165 million.

Origin of imports
In 2017, 38% of the value imported from Central America came from the USA, 18% from China, 17% from Mexico and 10% from Brazil.

The United States is the market of origin of imports that has reduced the most in the last six years. In 2012, it represented 49% of the region's total imports, while last year this proportion was only 38%.

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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"]

Tractors: Mexico Purchases Up 24%

September 2018

In the first quarter of the year, Central American countries bought $39 million worth of tractors, and imports from Mexico grew by 24% compared to the same period in 2017.

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"]

Central America: Tractor Market Grows 19%

December 2017

In the first semester of 2017, Central American countries imported $92 million worth of tractors, 19% more than was purchased during the same period in 2016.

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

Tractor Imports from Brazil Up 24%

August 2017

In 2016 imports of tractors into Central American countries totaled $165 million, and the value imported from Brazil grew by 24% compared to 2015.

Figures from the information system on the the tractor market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]