Truck Tires: China is the Main supplier

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.

Monday, July 18, 2022

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: Click to interact with the graphicClick to interact with the graphic

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Guatemala, Main Importer
In 2021 the top importer of bus and truck tires in Central America was Guatemala with $74.9 million, followed by Costa Rica with $42.2 million, followed by Honduras with $31.5 million, Nicaragua with $25.3 million, El Salvador with $18.3 million and Panama with $10.5 million.

Increase in Regional Imports
Between 2020 and 2021, the value of imports in the region increased by 39.19%, from $214.9 million to $299.1 million.

Chinese Companies, Main Suppliers
In 2021, 73.69% of the value imported from Central America came from China, 4.56% for Thailand, 3.48% from Japan, 3.13% from Costa Rica, Brazil with 2.52%, India with 2.01%, USA with 1.91%, and 1.87% for Mexico.

China is the market of origin of imports that has grown the most for the period in question over the last ten years, since in 2012 it represented 41.78% of regional purchases and in 2021 that proportion rose to 73.69%.

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