Friday 18 June 2021

More Motorcycles from China and India in Central America

QBUSINESS – In 2016 Central American countries imported US$420 million worth of motorcycles, and compared to 2015, purchases from China and India increased by 15% and 10%, respectively.

Figures from the information system on the the Motorcycle market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData:

Main importers
The main importers include Masesa, Suzuki, Agencia y Fábrica Honda, Sava, Elektra, Canella, Cadisa, GMG Comercial, and Motosport, which together account for approximately 45% of regional imports.

- Advertisement -

Jialing X-Fire. China has more than 200 individual companies producing motorcycles nationally. Image for illustrative purposes.

Variation of regional imports
Between 2015 and 2016, the value of motorcycle imports in Central America increased by 11%, going from US$379 million in 2015 to US$420 million in 2016.

Imports from China and India increased by 15% and 10% respectively, with purchases in China increasing from US$204 million in 2015 to US$234 million in 2016, and those from India going from US$109 million in 2015 to US$120 million in 2016.

Imports by country
In 2016 the main importer in the region was Guatemala, with $170 million followed by Honduras with US$79 million, Costa Rica with US$71 million, Nicaragua with US$52 million, El Salvador with US$38 million and Panama with US$10 million.

- Advertisement -

Origin of imports
In 2016, 56% of the value imported from Central America came from China, 29% from India, 3% from the USA, 2% from Japan and 2% from Brazil.

- Advertisement -

We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Q Costa Rica
Reports by QCR staff

Related Articles

Plate rupture has potential for stronger quakes

QCOSTARICA - The 5.7-magnitude tremor, felt at 5:27 pmon Thursday, occurred...

The US improves travel alerts for Central America; Not Costa Rica and Nicaragua

QCOSTARICA - The United States has eased travel advisories for most...


Despite investigation, construction of road works by H. Solís will continue

QCOSTARICA - Five major road works under the responsibility of the H. Solís company will continue in development despite investigations for alleged corruption involving...

Central America is back in the news for the wrong reasons, Costa Rica is once again the exception

QCOSTARICA - Osta Rica has been the epicenter of regional diplomacy in recent days. The successive visits of the Secretary of State of the...

New Television Program To Promote Family Fun

Q ENTERTAINMENT - Attention families of Costa Rica! A new contest program, led by Douglas Sánchez and Verónica González, is looking for participants who...

Construction companies that paid alleged bribes would be disqualified for ten years

QCOSTARICA - If it is proven in a final judgment that they did pay bribes to Conavi officials, several companies could be disqualified from...

“Caso Cochinilla”: Name arose when comparing parasite with hidden corruption

QCOSTARICA - On Monday, the Organismo de Investigacion Judicial (OIJ) moved to the raid, seize and arrest of their investigation into corruption of public...

Today’s Vehicle Restriction June 14: 1 & 2 CANNOT circulate

Today, Monday, June 14, vehicles with plates ending 1 & 2 CANNOT circulate The measure is countrywide and applied between 5:00 am and 9:00 pm,...

Europe opens the doors to tourism, these are the requirements

Q TRAVEL - Europe opened the doors to tourism. While worldwide vaccination against covid-19 advances above the levels of each country, the restrictions are...

Since 2018 MECO has received contracts from the State for more than ¢139 billion

QCOSTARICA - Almost ¢140 billion colones (US$227 million dollars) is the amount the MECO construction company was able to snare for public works contracts...

13 Powerful Home Remedies for Acne

Acne is considered to be one of the most common skin ailments on the planet, with a record 60 million people being afflicted by...


Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.