After in May 2020 in the context of the pandemic caused by Covid-19, Central American imports of petroleum oils dropped to a historic low at $242 million, in the following months purchases recovered and in December amounted to $540 million.
Figures from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
After in May 2020, in the context of the pandemic caused by covid-19, Central American imports of oiling fell to a historic low of $242 million, in the following months an incipient recovery was evidenced.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
From January to June 2020, companies in the region imported $2.82 billion worth of oil, 45% less than in the same period in 2019, a drop reported in the context of the health and economic crisis caused by the covid-19 outbreak.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
From January to March 2020, companies in the region bought oil abroad for $2.009 billion, 14% less than in the same period in 2019, due to the drop in imports in all Central American markets.
Figures from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
From January to September 2019, companies in the region bought oil abroad for Ch$7,392 million, 3% less than in the same period in 2018, mainly due to the drop in imports from Panama and Nicaragua.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
During 2019 the consumption of diesel, gasoline and gas, products with the highest participation in the oil bill, reached Ch$2,719 million, a 0.8% lower amount than that reported in 2018.
Figures from the General Direction of Hydrocarbons (DGH) detail that between 2018 and 2019 the Guatemalan oil bill was reduced by $21 million, from $2.719 million to $2.041 million.
From January to November 2019, the country's oil bill reached $1.379 billion, 10% less than the amount reported for the same period in 2018.
In terms of volume, imports of petroleum products increased by 76.8 million kilograms, representing a 3.2% increase, reported the Central Reserve Bank (BCR).
The BCR report states that "... The structure of the oil bill is composed mainly of gasoline (US$426.4 million), diesel (US$387.1 million), liquefied gases and propane (US$207.2 million) and fuel oil (Bunker C) with US$156.1 million. Greases and lubricating oils were imported for US$65.4 million.
Between January and June of this year, the value of imported petroleum oils in the region totaled $5.105 million, and 48% was bought by companies in Guatemala and Panama.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In the first ten months of the year, Salvadoran purchases abroad that make up the oil bill reached $1.252 million, 10% less than the amount reported in the same period of 2018.
The structure of the oil bill is mainly composed of gasoline ($387.3 million), diesel ($349.5 million), liquefied gases and propane ($189.1 million) and fuel oil (Bunker C) with $146.3 million.
In the first nine months of the year, Salvadoran purchases abroad that make up the oil bill totaled $1.122 million, 9% less than the amount reported in the same period of 2018.
The oil bill is composed mainly of gasoline ($341.7 million), diesel ($307 million), liquefied gases and propane ($171 million) and fuel oil (Bunker C) with ($133.2 million), informed the Central Reserve Bank (BCR).
In the first eight months of the year, Salvadoran purchases abroad that make up the oil invoice amounted to $1.015 million, which is 6% less than what was reported in the same period of 2018.
The invoice was composed mainly of gasoline ($305.2 million), diesel ($280.7 million), liquefied gases and propane ($154 million) and fuel oil (Bunker C) with $122.6 million, informed the Central Reserve Bank.
Between January and March, the value of imported petroleum oils in the region totaled $2.343 million, 4% more than what was reported in the same period of 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
Because of the fact that in the first six months of the year Guatemala's oil bill totaled $1,440 million, 6% more than what was reported in the same period in 2018, businessmen in the sector project a rise in sales at the end of 2019.
Figures from the General Directorate of Hydrocarbons (DGH) of the Ministry of Energy and Mines (MEM), specify that between the first half of 2018 and the same period of 2019, the amount of the oil bill, which includes the cost of importing oil derivatives such as gasoline, diesel, bunker, asphalt, kerosine, butane, gas, petcoke, among others, increased by $78 million, going from $1,362 million to $1,440 million.
In 2018, companies from Central American countries imported petroleum oils for $10.066 million, 21% more than in 2017, a rise due to purchases from the United States.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="click to interact with graphic]
In the first nine months of 2018, countries in the region imported petroleum oils for $7,598 million, 25% more than in the same period in 2017, a rise explained by purchases from the U.S.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]