Tires: Purchases Down 13% in 2020
Jun-21-21 | During last year, Central American companies bought new tires abroad for $402 million, a figure that is 13% lower than what was reported in 2019.
Dairy: Regional Trade Up 7% in 2020
Jun-17-21 | During last year, trade in milk and dairy products between Central American countries totaled $355 million, 7% more than what was recorded in 2019.
Vietnamese Cement Invades Central America
Jun-16-21 | In recent years, cement from Vietnam has gained importance in terms of amount purchased, as in 2016 it represented just 0.01% of total regional imports and in 2020 it became the main supplier, as the share went up to 32%.
Insulin: Business with Denmark up 11%
Jun-15-21 | During 2020, Central America's imports of pharmaceutical products containing insulin totaled $35 million, and purchases from Danish companies increased 11% over what was reported in 2019.
Vegetables: Sales Exceed $300 million
Jun-14-21 | During 2020, Central American vegetable exports totaled $318 million, 34% more than what was reported in 2019, a rise that is largely explained by the performance of sales to U.S. companies.
Vaccines: Purchases from Russia up 54% in 2020
Jun-11-21 | During 2020, companies in the region allocated $134 million for the import of vaccines for human use, and purchases from Russian companies increased 54% over what was reported in 2019.
Commodity Prices Benefit Nicaragua
Jun-10-21 | Due to the high demand for commodities, it is estimated that prices in the international market have increased on average between 30% and 40%, a situation that favors Nicaraguan exporters of raw materials.
Bread and Cookies: $460 Million in Business in the Region
Jun-10-21 | In 2020, Central American countries spent $460 million to import bakery, pastry and biscuit products; of the total amount purchased abroad, Guatemalan, Honduran and Panamanian companies represented 62%.
Paint and Varnish Trade Down 10% in 2020
Jun-9-21 | Last year, trade in paints and varnishes between Central American countries amounted to $123 million, which is 10% lower than in 2019, a drop that was reported in the context of the economic crisis resulting from the Covid-19 outbreak.
Central American Rice Farmers Fear Bankruptcy
Jun-8-21 | For the Central American Rice Federation, the bankruptcy of more than 62 thousand rice farmers in Central America and the Dominican Republic is imminent, due to the abolition of import tariffs, a measure that is part of the implementation of the DR-CAFTA Free Trade Agreement.
Corn: Purchases up 5% in 2020
Jun-7-21 | 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.
Electric Generators: How did the Market Perform in 2020?
Jun-4-21 | During last year, imports of electric generators increased year-on-year in Nicaragua and Guatemala, and decreased in Costa Rica, Panama, Honduras and El Salvador.
Paper and Cardboard: Business with Chile up 5%
Jun-3-21 | During 2020, paper and cardboard imports of Central American companies amounted to $1,931 million, and purchases from Chilean companies increased 5% compared to what was reported in 2019.
Infant Formula: How is the Regional Market Performing?
Jun-2-21 | During 2020, Central American imports of infant formula for infant feeding packaged for retail sale totaled $134 million, an amount that is 9% lower than the amount reported in 2019.
Fertilizers: Regional Purchases Up 4% in 2020
Jun-1-21 | Last year, Central America assigned $784 million to fertilizer imports, 4% more than in 2019, with Nicaragua, Guatemala, Honduras and El Salvador being the markets that accounted for the increase in regional purchases.
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