Figures from the Trade Intelligence Unit of CentralAmericaData
Explore the data in the interactive display.Costa Rica, Main Buyer
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In the first three months of 2021, the main importer of water heaters in Central America was Costa Rica with $2.1 million, followed by Guatemala with $1.2 million, Panama with $0.6 million, El Salvador and Honduras with $0.4 million and Nicaragua with $0.2 million.
From January to March 2021, the countries' imports increased in year-on-year terms, in Guatemala 98.8%, Honduras 81.6%, Panama with 93.1%, El Salvador by 11.9% and Costa Rica by 5.5%.
Purchases by Nicaraguan companies decreased by 9.6%.Variation in Regional Imports
Between January and March 2020 and the same period of 2021, imports increased from $4.8 million to $6.9 million.
Unlike purchases overall, for the periods in question imports from the Panama Free Trade Zone increased to 2.37% and purchases from Israel decreased to 1.85%.More Brazilian Water Heaters in Central America
During the first quarter of 2021, 35.79% of the value imported from Central America came from Brazil, 20.3% from China, 19.25% from the US, 8% from Mexico, 5.25% Colombia and 3.77% from Germany.
For the period in question in recent years, China is one of the markets of origin of purchases that has most increased its presence in Central America
, rising from 13.56% in 2012 to 20.3% in 2021.Note
: The report includes imports of electric, immersion, instantaneous gas and other types of water heaters