Wood: $206 Million in Regional Sales

In the first nine months of 2018, $206 million in wood and wood products were exported from Central America, and 52% were sold by companies in Costa Rica and Panama.

Tuesday, May 21, 2019

Wood and its Manufactures Exports in Central America Al June 30th, 2019  

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Regional business upwards
Between January and September 2017 and the same period in 2018, the export value of wood and wood products from Central America reported a slight increase of 1%, from $204 million to $206 million.

Costa Rica, main seller
From January to September 2018, the main exporter was Costa Rica, with $58 million, followed by Panama, with $49 million, Honduras, with $45 million, Guatemala, with $42 million, Nicaragua, with $6 million and El Salvador, with $5 million.

Destination of exports
In the first nine months of 2018, 32% of the value exported from the region went to India, 19% to the USA, 10% to China and 3% to Vietnam.

India is the destination country for Central American exports that has grown the most for the period concerned in the last seven years. In 2012 it represented 20% of the total value exported, and in 2018 it reached 32%.

Note:
This analysis was performed considering raw wood, sawn wood, veneered wood, plywood, laminated wood, boards, firewood, barrels, boxes, pallets, loading platforms, sleepers and other similar items. Charcoal is not included in the report.

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

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In the first six months of 2018, exports of timber and wood products from the region totaled $156 million, 3% more than the same period in 2017, partly because of sales to India.

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

Wood in Central America: A $223 million Business

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In 2016, Central American countries exported $223 million worth of wood and its manufactures, and the value exported to India grew by 20% compared to 2015.

Figures from the information system on the Central American Market for Wood and its Manufactures, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the chart"]

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