Panama and Honduras, Main Importers
Monday, August 31, 2020
During the first three months of last year the main buyers of air conditioning equipment in Central America were Panama and Honduras, with $22 million each, followed by Costa Rica, with $21 million, Guatemala, with $11 million, El Salvador, with $10 million and Nicaragua, with $5 million.
Data from the Trade Intelligence Unit of CentralAmericaData:

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Panama and Honduras, Main Importers
During the first three months of last year the main buyers of air conditioning equipment in Central America were Panama and Honduras, with $22 million each, followed by Costa Rica, with $21 million, Guatemala, with $11 million, El Salvador, with $10 million and Nicaragua, with $5 million.

In the case of the year-on-year variation of purchases, for the period in question Nicaragua registered an 83% increase, followed by El Salvador with 66%, Costa Rica with 10% and Honduras with 2%. Guatemala reported a drop of 2% and in Panama purchases decreased by 21%.

Variation in Regional Imports
Between January and March 2019 and the same period in 2020, the value of imports increased by 4%, from $44 million to $46 million.

For the periods in question, purchases from China rose from $19 million to $24 million.

Origin of Imports
During the first three months of 2020, 51% of the value imported from Central America came from China, 24% from the US, 3% from Mexico and 2% from South Korea.

China is the country of origin of Central American imports that has grown the most for the period under analysis in the last eight years, since in 2012 it represented 18% of the total value purchased and in 2020 it rose to 51%.

Note:
This analysis was carried out considering machines and air conditioning equipment suitable for modifying temperatures and humidity that can be adjusted to walls, windows, floors or ceilings, vehicles, and the respective parts of the equipment.

Note: For this report, prepared by CentralAmericaData, data from SIECA was used.

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