During 2020, imports of aluminum and its manufactures in Central America totaled $480 million, 19% less than what was reported in 2019, a drop that is explained by the decline in purchases from all markets in the region.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
In the first nine months of 2020, Central American imports of iron and steel sheets totaled $521 million, and purchases from Korean companies increased by 108% over what was reported in the same period of 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
In Costa Rica, of the total number of exporters whose majority of shipments are in the metal-mechanics, electrical and electronics or plastics sectors, 25% meet a profile of potential participation in global value chains.
An analysis prepared by the Foreign Trade Promotion Agency of Costa Rica (Procomer) explains that "... the 3 sectors agree in selling their products to at least 6 main GVCs: construction (25% of companies), agriculture (23%) trade (20%), food (11%), electronic components and telecommunications (10%) and medical industry (9%)."
From January to September 2020, imports of aluminum and its manufactures in Central America totaled $351 million, 20% less than what was reported in the same period of 2019, a drop that is explained by the decline in purchases from all markets in the region.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
During the first quarter of this year, imports of aluminum and its manufactures in Central America totaled $128 million, 17% less than what was reported for the same period in 2019, a drop that is explained by the decrease in purchases in most markets.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During the first nine months of 2019, the countries of the region imported aluminum and its manufactures from Mexico for $25 million, and about 60% was purchased by companies from the Northern Triangle.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
In 2017, Central America countries imported $96 million worth of various common metal manufactures from Mexico, 14% more than what was purchased in 2016.
Figures from the information system on the Market for Common Metals in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
It is anticipated that international metal prices will rise by 11% due to a reduction in supply and a slight increase is projected in the prices of agricultural commodities.
From a report by the World Bank, "Commodity Markets Outlook":
Prices for most industrial commodities continued to rise in the fourth quarter from their lows in early 2016, while most agricultural prices declined.
Fruit juices and concentrates, canned tropical fruit, water, electric cables, laminated iron or steel products, antisera and drugs are among the products with the potential to enter the Israeli market.
A study by the Costa Rica Foreign Trade Promotion Office has identified 63 products that have export potential indicative to the Israeli market. The sector with the greatest potential is food (19%), followed by livestock and fisheries (19%) and metallurgy (17%). Among the products are: juices and fruit concentrates, canned tropical fruit, water, electric cables, laminated iron or steel products, antisera and drugs.
We are experts in turnkey projects, we work in al types of industries like food, cement, waste water treatment, beverage, power generation planst, and others.
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With an investment of $10 million, Ferrasa S.A. acquired the Aceros Transformados Panamá and a distribution center in the country.
The Colombian Steel Group based itself in Panama due to the high rate of economic growth and the growth in the construction sector with the objective of serving the entire Central American region from Panama.
According to Portafolio.com.co, "The establishment of Ferrasa abroad also was motivated by the need to provide products and services to foreign and Colombian businesses which contribute to the expansion projects in the Panama Canal."
At the opening of "Eje Exporta 2009,” the president of ACOPI said that “Central America is one of Colombia’s target markets."
Alberto López Castro, president of the Colombian Association of Small and Medium Industries (ACOPI), noted the importance of the event to publicize Colombian products and service offerings, and to explore new markets, especially Central America.
Beverage Industry Digital Magazine established in 1942, the oldest Spanish trade journal and the only beverage trade magazine serving the Latin American beverage market. It serves soft drink bottlers, brewers, bottled water...