Wood: Business Increases in Central America

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.

Wednesday, February 6, 2019

Wood and its Manufactures Exports in Central America Al September 30th, 2018  

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Regional business upwards
Between the first semester of 2017 and the same period of 2018, the value exported of wood and its manufactures from Central America reported a 3% growth, going from $152 million to $156 million.

For the periods in question, sales to companies in India increased 5%, from $56 million to $59 million.

Costa Rica, main seller
From January to June 2018, the main exporter was Costa Rica, with $46 million, followed by Panama, with $43 million, Honduras, with $31 million, Guatemala, with $28 million, Nicaragua, with $4 million and El Salvador, with $3 million.

Destination of exports
In the first six months of 2018, 38% of the value exported from the region went to India, 18% to the USA, 9% to China and 3% to Vietnam.

India is the destination country for Central American exports that has grown the most in the first half of the last seven years. In 2012, it represented 18% of the total value exported, and reached 38% in 2018.

Note:
This analysis was made considering raw wood, sawn wood, veneered wood, plywood, laminated wood, panels, firewood, barrels, boxes, pallets, loading platforms, sleepers and other similar articles. 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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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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From the report "Trade balance and main trends in exports and imports of wood and furniture 2016", from the National Forestry Office: 

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