Air Conditioning: Import Falls 8% at Closing 2018
Thursday, June 6, 2019
During 2018, companies in Central America imported $191 million in air conditioning equipment, 8% less than reported the previous year.
Figures from the Trade Intelligence Unit at CentralAmericaData:

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Panamanian companies, main buyers
In 2018, the main buyer of air conditioning equipment in Central America continued to be Panama, with $66 million, followed by Costa Rica, with $38 million, Honduras, with $33 million, El Salvador, with $21 million, Guatemala, with $19 million, and Nicaragua, with $14 million.

Regional business downwards
Between 2017 and 2018, imported value decreased 8%, from $207 million to $191 million.

The decline recorded in 2018 complements the year-on-year fall in imports reported in 2017, as purchases fell 3% in that year.

Origin of imports
During 2018, 37% of the value imported from Central America was from China, 35% from the U.S., 2% from Mexico and 3% from South Korea.

China is the country of origin of Central American imports that has grown the most in the last seven years, since in 2012 represented 22% of the total value purchased and in 2018 rose to 37%.

Note: For this report, compiled and analyzed by CentralAmericaData, Sieca data were used.

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