El Salvador's January-May exports grow by 19%
El Salvador's exports broke all records in the January-May period this year, growing at 19.4 percent compared with 2007 and totalling 1.906 billion dollars.
Friday, July 18, 2008
The Central Reserve Bank reports that the increase is due in part to the sale of non-traditional products, the good performance of the maquila sector, and the growth of coffee exports, which have brought in 50 percent more revenues than last year.
El Salvador earned US$1.9 billion in exports January through May, a 19.4 percent increase on the same period of last year, reported the central bank, BCR.
As of June 2012 the amount of FDI attracted by the country fell by 52% compared to the same period last year.
El Salvador's trade deficit increased by 17.2 percent, and totalled 2.643 billion dollars between January and June of this year, the Central Reserve Bank reported Tuesday.
January 2011 reported an increase of $ 407.8 million (24.6%), compared to the same period of 2010.
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