(QCOSTARICA) In 2015 Central American countries imported US$447 million worth of auto parts, and 60% of them came from the USA, Japan and China.
Costa Rica was the third largest importer of vehicle parts in 2015 in Central America, with US$85.1 million, according to data from a report entitled “Vehicle Parts Market in Central America”, prepared by the Business Intelligence Unit at CentralAmericaData.com.
The data shows that Guatemala is the main buyer of these goods in the region. In 2015 alone the country imported US$121.6 million and 37% of it came from the United States, 12.6% from Japan, another 12.6% from China, 9% from Mexico and the rest from other countries such as South Korea and Germany.
Unlike Guatemala, the Japanese market has a greater preponderance in imports in Costa Rica, as 25% of the total came from there, followed by the US with 23%, 14.6% came from China, and the rest was imported from other markets such as China Taiwan, Germany and Mexico.
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In addition, US$97 million worth of vehicle parts were imported from Panama, and nearly 30% came directly from the United States, followed by the Panamanian Free Trade Zone regime, with 15%. 12% of imports came from other countries, and almost 11% were purchased in China.