{"id":31245,"date":"2021-04-27T11:44:11","date_gmt":"2021-04-27T16:44:11","guid":{"rendered":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=31245"},"modified":"2021-04-27T11:44:11","modified_gmt":"2021-04-27T16:44:11","slug":"fiber-optic-cables-business-increases-18","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/fiber-optic-cables-business-increases-18\/","title":{"rendered":"Fiber Optic Cables: Business Increases 18%"},"content":{"rendered":"

\"\"<\/a><\/p>\n

We just had fiber installed and what a difference.\u00a0 Starting with the cost (50% less) and most of all the Internet speed ( up to 1000 mbps download and 200 mbps upload).\u00a0 It was a no brainer and soooo nice to drop Cable Onda after 14 years.<\/p>\n

From January to September 2020, Central American countries imported fiber optic cables for $45 million, 18% more than what was reported in the same period of 2019, a rise that is explained by the behavior of purchases from Panama, Nicaragua and Guatemala.<\/p>\n

Regional Business Figures<\/strong>
\nBetween January-September 2019 and the same period of 2020 the\u00a0imported<\/a>\u00a0value of fiber optic\u00a0cables<\/a>\u00a0in Central America increased 18%, going from $38 million to $45 million.<\/p>\n

For the months in question, regional purchases from companies in Mexico and China increased by 12% and 29%, respectively.<\/p>\n

Costa Rica, Main importer<\/strong>
\nIn the first nine months of 2020 the main buyer in the region was Costa Rica, with $14 million, followed by Honduras, with $8 million, Guatemala, with $6 million, El Salvador, with $5 million, Panama, with $4 million and Nicaragua also with $2 million.<\/p>\n

For the period in question, Panamanian purchases increased by 115% year-on-year, Nicaraguan purchases by 79%, Guatemalan purchases by 17%, Honduran purchases by 3% and Costa Rican purchases by 2%. In the case of El Salvador, imports decreased by 16%.<\/p>\n

Mexico and China, the Most Important Supplier<\/strong>
\nFrom January to September 2020, 29% of the value of imports in the region came from China, 21% from China, 12% from the USA, 10% from India, 6% from Spain, 4% from Colombia and 4% from Hong Kong.<\/p>\n

China is the market of origin of imports that has grown the most for the months in question in recent years, since in 2012 it represented 6% of\u00a0Central America<\/a>‘s total purchases, and in 2020 that proportion rose to 29%.<\/p>\n

Stay Safe!!<\/p>\n\n

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    We just had fiber installed and what a difference.\u00a0 Starting with the cost (50% less) and most of<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[242,12,241,39,248,34,33,62,42,219,11,249,243,7,246,244,262,281],"class_list":["post-31245","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-boca-chica-real-estate","tag-boquete","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-safety-in-panama-panama-real-estate-bocas-del-toro","tag-travel-to-panama-rent-in-boquete-expat-tourism"],"yoast_head":"\nFiber Optic Cables: Business Increases 18% - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/fiber-optic-cables-business-increases-18\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fiber Optic Cables: Business Increases 18%\" \/>\n<meta property=\"og:description\" content=\"We just had fiber installed and what a difference.\u00a0 Starting with the cost (50% less) and most of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/fiber-optic-cables-business-increases-18\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog and Newsletter\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=100088396493750\" \/>\n<meta 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