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MARKET STUDY
Bread and Cookies: Business with Peru Grows at 4%Thursday, March 4, 2021 In the first nine months of 2020, Central American countries allocated $327 million to import bakery, pastry and biscuit products, and purchases from companies in Peru grew 4% compared to the same period in 2019. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
MARKET STUDY
Agrochemicals: Business in the Region up 30%Monday, March 1, 2021 During the first nine months of 2020, companies in Central American countries imported insecticides, herbicides and fungicides for $617 million, 30% more than what was reported in the same period of 2019, a rise that is explained by the behavior of purchases from all markets in the region. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
MARKET STUDY
Communication Radios: Business with Mexico up 36%Tuesday, March 2, 2021 In the first nine months of 2020, the countries of the region imported communication radios for $39 million, and Central American purchases from Mexican companies increased by 36% compared to 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"]
MARKET STUDY
Pharmaceuticals: Purchases Exceed $2.6 BillionWednesday, March 3, 2021 From January to September 2020, Central American imports of pharmaceutical products totaled $2.625 billion, an amount that exceeds by just 0.4% 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"] FTA with South Korea Soon to Take EffectFriday, February 26, 2021 As of March 1st, the Free Trade Agreement signed between the Republic of South Korea and Central American countries will become effective. After several years of negotiations, the trade agreement between the countries of the region and the Asian nation will finally come into force next Monday.
MARKET STUDY
Cell Phones: Regional Purchases Decline 11%Monday, February 22, 2021 During the first six months of 2020, Central American countries imported cell phones for $541 million, 11% less than what was reported in the same period of 2019, a drop that is mainly explained by the behavior of Panamanian, Honduran and Salvadoran purchases. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"] Supply Chains: Challenges in the New RealityTuesday, March 2, 2021 Reducing delivery times of products sold through digital channels and maintaining different supply and distribution options to face scenarios of trade restrictions are some of the challenges that companies face in this new business reality. In Central America during 2020, companies had to adjust quickly to the demands arising from the health crisis caused by the covid-19 outbreak, as restrictions on consumer mobility and face-to-face sales were continuous.
MARKET TRENDS
Liquors: Wine Gaining Market Share in Central AmericaThursday, February 25, 2021 Interest in wines has been on the rise in the digital environment in the last quarter of 2020 and in January 2021, an upturn that is explained by the behavior of consumers in all markets in the region. Through a system that monitors in real time the changes in the interests and preferences of consumers in the countries of Central America, developed by CentralAmericaData, it is possible to project demand trends in the short and long term, for the different products, services, sectors and markets operating in the region. Bukele is Gaining Ground: What's in Store for El Salvador?Monday, March 1, 2021 After Nuevas Ideas, the party led by president Nayib Bukele, achieved a convincing victory that would allow it to have a qualified majority in the Assembly, the country will face a scenario in which this political group would have enough power to make transcendental decisions. For two years now, Nayib Bukele has won the presidential elections in El Salvador. The 39-year-old political leader became the country's first magistrate with promises of making a "different politics."
MARKET STUDY
Bottled Water: Business with Mexico UpFriday, February 12, 2021 From January to June 2020, bottled water imports in Central America totaled $12 million, and purchases from companies in Mexico increased 86% compared to the same period in 2019. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"] ZLC will Hold Virtual Trade FairWednesday, February 24, 2021 From March 1 to 5, 2021, the Colon Free Zone will hold its first multisector virtual trade fair, in which 200 exhibitors will participate and participants will be able to access product catalogs and receive direct attention from suppliers. The trade fair will feature a wide variety of mass consumption products, regional distribution logistics services and value-added products, informed the Colon Free Zone (CFZ).
MARKET STUDY
Thai Truck Tires Gain Presence in Central AmericaWednesday, February 10, 2021 In Central America, tires for buses and trucks from Thailand have gained importance in terms of the amount purchased, since in the first half of 2014 they represented 0.4% of total imports and for the same period of 2020 the proportion rose to 5%. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
MARKET STUDY
Soups: Regional Purchases Up 14%Wednesday, February 17, 2021 In the first six months of 2020, Central American countries bought $56 million in soups and their preparations, 14% more than what was reported in the same period of 2019, a rise that is explained by the behavior of Salvadoran, Nicaraguan, Honduran and Guatemalan imports. Data from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"]
MARKET STUDY
Candies and Chocolates: Business with China up 13%Tuesday, February 9, 2021 In the first half of 2020, Central American countries imported $140 million worth of candies, chocolates and other cocoa-based preparations, and purchases from Chinese companies exceeded by 13% what was reported during the same period of 2019. Data from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"] Trade: Costa Rica and Panama Begin DialogueFriday, February 12, 2021 In order to overcome the trade conflict resulting from the blocking of the entry of animal products from Costa Rica into the Panamanian market, both nations have started a dialogue. The trade conflict between the two countries began in July 2020, when Panama informed the National Animal Health Service (SENASA), an agency of the Costa Rican Ministry of Agriculture and Livestock (MAG), of the decision not to extend export authorization to a list of previously authorized Costa Rican establishments that have been trading in the Panamanian market for many years. |
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Saturday, March 6, 2021 - last update: 4:18 pm
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