Footwear: Purchases in the Region Are Recovering
Tuesday, April 26, 2022
For the third quarter of 2021, an increase in Central American purchases of footwear and its parts is observed, reaching imports of $445 million in the period analyzed, with China being the main supplier with $168 million.
Figures from the Trade Intelligence Unit of CentralAmericaData:

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Regional Business Recovers
Between the third quarter of 2020 and 2021 the imported value of footwear and its parts in Central America registered a 40% growth, going from $271 million to $445 million.

For the periods in question, imports from China and the U.S. increased by 58% and 26%, respectively.

Guatemalan Companies, Main Buyers
As of the third quarter of 2021, the main importer in the region was Guatemala with $125 million, followed by Panama with $90 million, Costa Rica with $80 million, El Salvador with $66 million, Honduras with $50 million and Nicaragua with $34 million.

During the third quarter of 2021 all Central American markets increased their purchases. In Nicaragua imports increased 50% year-on-year, in Guatemala and El Salvador 80%, in Costa Rica 41%, in Honduras 66% and in Panama 61%.

China, Main Supplier to the Region
by the third quarter of 2021, 38% of the value imported from Central America came from China, 15% from Zona Franca Panama, 10% from Panama and 6% from the USA.

In recent years China is the market of origin of purchases that has grown the most, rising from 29% in 2012 to 38% in the third quarter of 2021.

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