Corn: Regional Purchases Increased 5% in 2020
During 2020, companies in the region bought corn abroad for $998 million, 5% more than what was reported in 2019, a variation that is explained by the increase in imports from Nicaragua, Guatemala, Honduras, Panama and Costa Rica.
Figures from the Trade Intelligence Unit of CentralAmericaData:

Click to interact with the graph

Explore the data in the interactive display.

Central American Companies Buy More
Between 2019 and 2020 the total imported value of corn in Central America registered a 5% increase by rising from $952 million to $998 million.

As for the volume imported, this also reported a rise, in this case from 4.54 million tons to 4.79 million tons, equivalent to a variation of 6%.

Import Prices
In recent years, the price has shown a downward trend, with a decrease of 37% for the period from October 2012 to December 2020, falling from $0.35 per kilo to $0.22 per kilo.

Imports by Country
Last year, the main buyer of corn imports in Central America continued to be Guatemala with $307 million, followed by Costa Rica with $194 million, El Salvador with $159 million, Honduras with $158 million, Panama with $107 million and Nicaragua with $84 million.

In 2020, imports in Nicaragua increased 44% year-on-year, in Guatemala 9%, in Honduras 9%, in Panama 2% and in Costa Rica 1%. In the case of El Salvador, foreign purchases decreased 6%.

USA, Main Corn Supplier
Last year, 87% of foreign purchases by Central American companies were made from the USA, 6% from Mexico, 5% from Brazil, 1% from Argentina and 1% from Thailand.

For the months under analysis in recent years, purchases from Mexican companies have gained ground, as in 2012 they represented 3% of total regional imports and in 2020 that proportion rose to 6%.

Do you know that we are now part of something bigger?
Learn about PREDIK Data-Driven, our new global brand.

← Browse more reports
Last Name*
Telephone (choose your Country):*

Size of the Company:*
Yes, I want to receive a call from a salesperson*
this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423
Daily Update Government PurchasesDownload brochure (only in spanish)Trade Inteligence Subscriber Access NewsletterContact Us MarketDataMexico Español
2008-2021 ©
Trade InteligenceWho we areContact Us