Wines: Regional Business Keeps Rising

In the first nine months of 2018, Central American countries imported $56 million in wine, 13% more than in the same period in 2017, a rise explained by purchases from companies in Chile and Spain.

Thursday, May 9, 2019

Import of wines in Central America Al March 31st, 2019  

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Regional business upwards
Between the first nine months of 2017 and the same period in 2018, the value of wine imports into Central America increased 13%, from $50 million to $56 million.

For the periods concerned, imports from Spain and Chile increased 27% and 8%, respectively, as purchases in the European country grew from $10 million to $13 million, and from Chile from $15.1 million to $16.3 million.

Costa Rican companies, main buyers
From January to September 2018 the main importer in the region continued to be Costa Rica, with $20 million, followed by Panama, with $18 million, Guatemala, with $9 million, El Salvador with $4 million, Honduras with $3 million, and Nicaragua with $2 million.

Main Suppliers
In the first nine months of last year, 29% of the value imported from Central America came from Chile, 24% from Spain, 11% from the U.S., 10% from Italy and 8% from Argentina.

For the months concerned in the last seven years Spain is the market origin of purchases that has grown the most, rising from 11% in 2012 to 24% in 2018.

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