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JMGARCÍA gives complete coverage to the countries of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Belize and Guatemala border with Mexico on the north, and Panama with Colombia to its southern border of the Isthmus.

Area: 22,966 km2
Population: 405,633
Exports: $457.5 millones USD
Imports: $845.9 millones USD
Currency: Dólar Beliceño ($BZD)
GDP: $1.854 billones USD
AUTOMOTIVE MARKET* BELIZE
Car
SUV
Pick-Up
Buses/
Trucks
37.0%
22.0%
28.0%
13.0%

*Excluding motorcycles.

Area: 51,100 km2
Population: 5.01 M
Exports: $10.81 billones USD
Imports: $15.15 billones USD
Currency: Colon (₡)
GDP: $61.855 billones USD
AUTOMOTIVE MARKET* COSTA RICA
Car
SUV
Pick-Up
Buses/
Trucks
51%
15%
21%
13%

*Excluding motorcycles.

Area: 21,045 km2
Population: 6.38 M
Exports: 4.662 billones USD
Imports: 9.499 billones USD
Currency: Dólar americano ($ USD)
GDP: $27.023 billones USD
AUTOMOTIVE MARKET* EL SALVADOR
Car
SUV
Pick-Up
Buses/
Trucks
51.0%
16%
19%
14%

*Excluding motorcycles.

Area: 108,889 km2
Population: 17.4 M
Exports: 11.18 billones USD
Imports: 19.88 billones USD
Currency: Quetzal (Q)
GDP: $76.678 billones USD
AUTOMOTIVE MARKET* GUATEMALA
Car
SUV
Pick-Up
Buses/
Trucks
38%
21%
27%
14%

*Excluding motorcycles.

Area: 112,492 km2
Population: 9.58 M
Exports: 8.675 billones USD
Imports: 11.32 billones USD
Currency: Lempira (Lps)
GDP: $25.145 billones USD
AUTOMOTIVE MARKET* HONDURAS
Car
SUV
Pick-Up
Buses/
Trucks
40%
15%
29%
16%

*Excluding motorcycles.

Area: 1,964,375 km2
Population: 130.2 M
Exports: $491.593 billones USD
Imports: $480.886 billones USD
Currency: Peso Mexicano ($ MXN)
GDP: $1,221 billones USD
AUTOMOTIVE MARKET* MEXICO
Car
SUV
Pick-Up
Buses/
Trucks
47%
21%
15%
17%

*Excluding motorcycles.

Area: 108,889 km2
Population: 6.24 M
Exports: $3.819 billones USD
Imports: $6.613 billones USD
Currency: Córdoba Oro (C$)
GDP: $12.57 billones USD
AUTOMOTIVE MARKET* NICARAGUA
Car
SUV
Pick-Up
Buses/
Trucks
43%
14%
29%
14%

*Excluding motorcycles.

Area: 75,420 km2
Population: 17.4 M
Exports: $25.94 billones USD
Imports: $28.978 billones USD
Currency: Balboa / $ USD
GDP: $66.801 billones USD
AUTOMOTIVE MARKET* PANAMA
Car
SUV
Pick-Up
Buses/
Trucks
47%
17%
18%
19%

*Excluding motorcycles.

AUTOMOTIVE

The Automotive field is comprised of 85% Asian, being cars, SUVs, and small pickups; 8% American, mainly SUVs and pickups; and 7% European, cars and SUVs.

As of the first quarter of 2019, 43% of vehicles circulating in the region were automobiles, 29% were motorcycles, 17% were light-duty units, 7% were heavy-duty, and 3% were buses.

HEAVY DUTY

The Heavy Duty market is 80% American, class 8, with Asian and European filling in the lower tonnages.

Intercity buses are 85% used American units, with the balance being Asian. The Metro lines and Tourism class are Asian, Brazilian, and European.

The Agricultural equipment is 75% American, with Asian being 25%.

INDUSTRIAL

Industrial equipment is evenly split between American, Asian, and European.

The industrial sector is one of those that invests the most in proper maintenance of their engines.

The industrial sector contributes between 26 and 27% of the region’s GDP.

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