Comapny Tpye: Distributor
Main products: Passenger motor vehicles, Engine assemblies, Automotive lighting
Report Creation Date: 2026-02-17
Silaba Motors S.A. is a Panama-based automotive parts trading entity operating under a corporate structure registered in Panama. Its core business centers on the import, distribution, and supply of motor vehicle components—primarily passenger car chassis, engines, and related systems—to OEMs and Tier-1 suppliers across Latin America, Asia, and North America. It functions as an intermediary trade facilitator rather than a manufacturer, with no evidence of production facilities or brand ownership. The company’s operational footprint reflects strong regional integration, with sustained procurement activity since at least 2023 and notable transactional acceleration observed in late 2024–2025.
Data interpretation reveals high temporal volatility in monthly trade volume: a sharp spike to 418,380 units in February 2025 (20× higher than adjacent months) suggests either a one-off bulk shipment, data reporting anomaly, or contract fulfillment cycle—not sustained growth. Excluding that outlier, average monthly volume stabilizes between 20,000–75,000 units, indicating mature, recurring procurement patterns. Transaction frequency remains consistently high (1,000–2,300 per month), confirming active, operationally embedded sourcing behavior. The absence of long-term declining trends supports stability—but also signals limited expansion momentum. This pattern reflects operational consistency rather than growth trajectory, with risk exposure tied to reliance on cyclical bulk orders.
| Year-Month | Volume (Units) | # Transactions |
|---|---|---|
| 2025-12 | 16,067 | 1,278 |
| 2025-11 | 7,154 | 1,091 |
| 2025-10 | 28,592.3 | 2,080 |
| 2025-09 | 20,399 | 1,626 |
| 2025-08 | 15,044 | 1,790 |
| 2025-07 | 22,063 | 1,516 |
| 2025-06 | 24,255 | 1,423 |
| 2025-05 | 18,500 | 1,444 |
| 2025-04 | 24,506 | 1,449 |
| 2025-03 | 22,152 | 1,378 |
Data interpretation shows extreme concentration: Mobis Parts Miami LLC (U.S.) accounts for 31.4% of all transactions, followed by multiple KIA-affiliated entities (India, Ecuador, Mexico, Korea) collectively representing >45% of total transaction count. This indicates deep vertical alignment with the Hyundai-Kia ecosystem—likely functioning as an authorized regional distributor or logistics consolidator for KIA’s global supply chain. The presence of Chery, Omoda/JAECOO, and Mazda partners confirms diversification into Chinese and Japanese OEM networks—but secondary in scale and depth. This structure implies high strategic dependency on KIA’s procurement policies, exposing Silaba to OEM-level supply chain decisions.
| Trade Partner | # Transactions | % of Total | Country | Status |
|---|---|---|---|---|
| Mobis Parts Miami LLC | 16,829 | 31.4% | United States | Active |
| KIA | 12,082 | 22.55% | India | Active |
| KIA Corporation | 5,155 | 9.62% | Ecuador | Active |
| General Motors Power Train | 4,238 | 7.91% | Mexico | Lost |
| Itochu Corp. | 3,320 | 6.20% | Ecuador | Lost |
| KIA Mexico S.A. de C.V. | 2,928 | 5.46% | Mexico | Active |
| Itochu India Pvt. Ltd. | 2,093 | 3.91% | India | Active |
| KIA Corporation | 1,903 | 3.55% | Korea | Active |
| Mazda of North Miami | 1,375 | 2.57% | United States | Active |
| Omoda & JAECOO Automobile Co., Ltd | 1,246 | 2.33% | China | Active |
Data interpretation highlights overwhelming dominance of HS 870322920000 (gasoline-powered passenger vehicles ≤1,500cc), which comprises 33.15% of all transactions—more than triple the next highest code. Combined with HS 870323920000 (diesel ≤1,500cc) and HS 870322910000 (gasoline >1,500cc), over 47% of activity relates to complete light-duty vehicles. The remaining codes reflect supporting subsystems: braking (870829), lighting (853910), climate (841590), and electrical connectors (870830). This confirms Silaba’s role as a vehicle importer/distributor—not a component assembler. This product mix signals regulatory exposure to evolving emissions standards and import tariffs on finished vehicles, especially in Latin American markets.
| HS Code | # Transactions | % of Total | Description | Status |
|---|---|---|---|---|
| 870322920000 | 17,792 | 33.15% | Gasoline passenger vehicles, ≤1,500cc | Active |
| 870323920000 | 5,452 | 10.16% | Diesel passenger vehicles, ≤1,500cc | Active |
| 870322910000 | 2,313 | 4.31% | Gasoline passenger vehicles, >1,500cc | Active |
| 870899900000 | 1,164 | 2.17% | Other parts of motor vehicles | Active |
| 870829900000 | 1,013 | 1.89% | Braking systems | Active |
| 870810000000 | 932 | 1.74% | Clutches | Active |
| 870323930000 | 780 | 1.45% | Diesel passenger vehicles, >1,500cc | Active |
| 903289900000 | 747 | 1.39% | Automatic regulators (e.g., for HVAC) | Active |
| 870880900000 | 741 | 1.38% | Other vehicle parts | Active |
| 853910000000 | 602 | 1.12% | Motor vehicle lighting equipment | Active |
Data interpretation shows a pronounced shift from historical reliance on Costa Rica (35.07% share but labeled “Lost”) toward China (23.69%), Korea (10.69%), Mexico (7.63%), and Japan (6.18%). This reflects active re-sourcing away from Central American suppliers toward East Asian OEM hubs—particularly aligned with KIA and Chery procurement flows. The “Other” category (7.69%) likely includes intra-Latin American transshipments via Panama’s free trade zones. The near-total absence of U.S.-origin imports (2.08%) despite U.S. headquarters underscores Panama’s role as a conduit—not end-market. This geographic pivot increases exposure to U.S.-China trade tensions and shipping lane disruptions in the Pacific.
| Region | # Transactions | % of Total | Latest Trade | Status |
|---|---|---|---|---|
| Costa Rica | 18,802 | 35.07% | 2024-02-29 | Lost |
| China | 12,703 | 23.69% | 2025-12-31 | Active |
| Korea | 5,732 | 10.69% | 2025-12-30 | Active |
| Other | 4,123 | 7.69% | 2025-08-19 | Active |
| Mexico | 4,093 | 7.63% | 2025-12-30 | Active |
| Japan | 3,312 | 6.18% | 2025-12-31 | Active |
| India | 2,207 | 4.12% | 2025-12-30 | Active |
| United States | 1,115 | 2.08% | 2025-12-26 | Active |
| South Korea | 747 | 1.39% | 2024-12-26 | Lost |
| Vietnam | 237 | 0.44% | 2025-12-09 | Active |
Data interpretation reveals near-total dependence on Manzanillo (Mexico) as the historical primary port—accounting for 96.36% of recorded shipments—but now classified as “Lost”, indicating a decisive logistical pivot. Current activity is fragmented across minor ports: Kwangyang (Korea), Chennai Sea (India), Shanghai (China), and Montevideo (Uruguay). This dispersion suggests multi-origin procurement and just-in-time delivery optimization—but also weakens port-specific negotiation leverage and increases documentation complexity. This port diversification improves resilience but raises compliance burden across heterogeneous customs regimes.
| Port Name | # Transactions | % of Total | Latest Trade | Status |
|---|---|---|---|---|
| Manzanillo | 1,296 | 96.36% | 2023-12-05 | Lost |
| Kwangyang | 11 | 0.82% | 2025-08-08 | Active |
| Chennai Sea | 6 | 0.45% | 2025-09-29 | Active |
| Shanghai | 4 | 0.30% | 2025-03-09 | New |
| Montevideo | 3 | 0.22% | 2025-08-16 | New |
| Gunsan | 3 | 0.22% | 2023-08-26 | Lost |
| Gunsan (ex Kunsan) | 2 | 0.15% | 2025-04-04 | New |
| N/A | 2 | 0.15% | 2025-04-09 | New |
| Chennai (ex Madras) | 1 | 0.07% | 2025-10-13 | New |
| Especial de Cartagena | 1 | 0.07% | 2025-04-26 | New |
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