Basf de Costa Rica S.A., Sun Chemical S.A. and Ultra-Chem de Centroamérica S.A., are part of the companies participating in the nylon import business in Central America.
The market study "Nylon market study in Central America", prepared by the Trade Intelligence Unit of CentralAmericaData, details the main figures of the nylon import business.
With a few days to go before the end of the football world cup, Guatemalan companies dedicated to selling electronic equipment state that sales registered in June exceeded the sector's expectations.
According to figures from the Superintendency of Tax Administration, in the first five months of the year the entry of 526,000 televisions was recorded, for a value close to $76 million, highlighting a greater demand for devices of 43 inches and up.
In the first nine months of 2017, Central American countries imported $282 million worth of televisions, 8% more than was bought during the same period in 2016.
Figures from the information system on the the Televisions Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
Boosted by the effects of the World Cup, in the first 5 months of 2014 176,800 television sets were imported, up 61% from the 110,500 in the same period in 2013.
Importers paid VAT of $47.9 million for these goods in 2014, or an average price of $271 unit, 16% higher than the average price of $233 in the same period in 2013.
Mexico's share as the main country of origin increased to 80% for all units, while in January-May 2013 it accounted for 74%.
In 2013 61.815 vehicles entered the country having a total value of $540 million, with Toyota, Kia and Honda being the three most imported brands.
In 2013 vehicle imports into Guatemala fell by 5.5% compared to total imports in 2012, going from $570 million to $540 million (CIF value), according to a report prepared by the Department of Commercial Intelligence at CentralAmericaDATA.COM.
A Guatemalan corrugated steel manufacturer has pointed out that zinc sheets imported from China are being sold at prices below the cost of sales at origin.
A drop in sales, shutdown of equipment and staff layoffs are the causes of the alleged dumping in the corrugated steel market, concludes a preliminary investigation conducted by the Ministry of Economy (Mineco) in response to a complaint lodged by the manufacturer Ternium.
The trade association agreement between Central America and Europe means a reduction in import tariffs on alcoholic beverages.
With the entry into force of the Agreement between Europe and Central America (CAAA) comes a reduction in import costs, which in the case of champagne is a cut of 15%.
According to Javier Abreu, company representative of Vinos & Destilados in Costa Rica, this allows for a decrease in consumer prices of between 15% and 30% for brands such as Bonpas and Thorin (French wines) , Rioja Bordon and Diamante (Spanish wines) and Bombay Sapphire and Botanic (gin). A bottle of Moët & Chandon, for example, went from $95 to $63."