Global Automotive Export Resource Guide | Page 74

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Top opportunities for export include:

• Spare and replacement parts for gasoline and diesel motors include:

• Air conditioning machines; containing a motor driven fan, other than window or wall types,

incorporating a refrigerating unit

• Oil petrol-filters for internal combustion engines.

• Vehicle parts and accessories; n.e.c. In heading no. 8708

• Radial Tires

• Electric accumulators; lead-acid, of a kind used for starting piston engines, including separators.

• Engines; parts, suitable for use solely or principally with spark-ignition internal combustion piston

engines.

• Retreaded or used pneumatic tires of rubber; solid or cushion tires, tire treads and tire flaps, of

rubber

• Suspension shock absorbers

• Gaskets, washers and other seals of valves

• Machinery; intake air filters for internal combustion engines

• Fans

• Safety products: alarms, GPS and sound systems.

• Diagnostic equipment

Specialty Equipment Market Summary

There are no restrictions to customize vehicles in El Salvador. Consumers like to customize: wheels and rims, auto sound and alarms, spoilers, led taillights and other.

Used and Remanufactured Market Summary

Although, all automotive parts are treated the same as new parts, used, remanufactured and rebuilt parts are at a cost advantage. Unlike new parts, the importers of used, remanufactured, and rebuilt parts do not have to show an invoice from the manufacturer to calculate the 13 percent value added tax (VAT). VAT on this type of parts is estimated by customs authorities and is often underestimated, reflecting an import VAT tax benefit. Importers of new parts complain about this practice, claiming that many new parts are imported in used parts containers.

Public transportation (buses) and heavy-duty transportation (trucks) are the main end users of remanufactured parts. Remanufacturers also import and distribute new parts, some of which are used as replacement parts in rebuilt engines. The parts are mainly imported from the U.S., China, Mexico, and Japan. Remanufacturers explained that a good portion of their customers buy imported used engines locally and have them remanufactured.

best prospects