Nicaragua Automotive Spare Parts Business is Growing

In 2016 the imported value of spare parts for vehicles totaled $37 million, 9% more than the imports recorded in 2015.

Figures from the information system on the Auto Parts and Accessories Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData

Click here explore data in interactive graphs (in Spanish).

- payin the bills -

Changes in imports
Between 2013 and 2016, the total value of parts for vehicles imported from Nicaragua grew by an average of 7%, with the highest increase in the year 2014, up 10% from 2013.

From 2014 to 2016 imports from China maintained an average growth of 15%, with the year 2015 registering the greatest variation, of 19%.

Origin of imports
In 2016, 19% of the value imported from Nicaragua came from the US, 18% from Japan, 16% from China, 10% from Thailand, 9% from South Korea and 6% from Mexico.

Monthly imports
Between January 2012 and December 2016, the month that registered the maximum monthly import value was April 2016, when Nicaragua bought $4 million, while the month with the minimum import value was February 2013, with $1.9 million.

- paying the bills -

Related Articles

MOST READ

Rosario Murillo: La Heredera (The Heiress)

Rosarion Murillo, the "eternally loyal" to her husband and political partner, Daniel Ortega. In a profile by Confidencial in October 2016, before her election as...

Better Air Connectivity Between Nicaragua and the US

The private companies' association is in talks with United Airlines to promote the opening of a route that connects Nicaragua with the east coast...

Nicaragua Unveils Central America’s Largest Baseball Stadium

Nicaragua has unveiled its long-awaited baseball stadium in Managua, replacing the former baseball field built in 1948. The new structure will hold up to...

Bianca Jagger Gets Into The Nicaragua Act Again

(American Thinker)  Remember Bianca Jagger? You know, the disco queen and former rock-star's wife turned leftwing "human rights activist" who was last seen mourning...

What Are Some of Nicaragua’s Popular Food?

TODAY NICARAGUA - Nicaragua is an interesting place, with a tumultuous history and a relatively peaceful present. and even if many things can be...

Nicaragua Praised by the IMF

The IMF noted the positive evolution of all the country's economic indicators, and the drastic fall in poverty, with an increase of 33% in...

Poll Shows Declining Expectations on a Nicaraguan Canal

According to the results of the most recent survey conducted by Cid Gallup, the Nicaraguan interoceanic canal project, a concession given to the Chinese...

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

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.