Salvadoran Textiles Export 22% Less

The sector exported $103 million in January of this year, $31 million less than in January, 2008.

Monday, March 9, 2009

An article in reported that Jose Escobar, president of the Salvadoran Chamber of Textiles and Apparel, said, "There is a drop in exports because some US companies had to stop production since late last year due to adjustments of accumulated inventories which caused demand in the country to come to a standstill."

The sector is expected to recover in April.

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Salvadoran Exports Decrease by 14.8%

June 2009

In the first quarter of 2009, $1.272 billion were exported, 14.8% less when compared to the same period last year.

This reduction in Salvadoran foreign sales volume of both traditional and nontraditional products is the strongest so far this year.

Sugar is the traditional product that registered the largest decline, 37.2% during the quarter.

Estimated Losses From Closed Borders is $36 Million

July 2009

ANEP of El Salvador calculates the trade embargo with Honduras produced $36 million in losses each day for Central America, as calculated globally.

For the Salvadorian textile industry in particular, the border closing meant estimated losses of $1 million in exports and 4,000 workers sat idle, according to calculations from the Salvadorian Chamber of Textile, Confection, and Free Trade Zones Industries (CAMTEX, acronym in Spanish) published in At the same time, the organization estimates that Honduran factories lost $700,000 in exports to El Salvador.

Trade between El Salvador and the World

October 2010

Exports are dominated by coffee, underwear and sugar, while the country mainly imports hydrocarbons.

El Mundo published a profile of Salvadoran trade, highlighting the top 10 export and import items between January and August 2010, quantifying how much was negotiated with Central America and the rest of the world.

Nicaragua: Textile Exports Grows 14%

September 2010

The sector exported $552 million in the first seven months of the year, 14% more than same period of 2009.

Businessmen rated the recovery as "moderate", because they haven't reached 2008 levels, when the sector made $554 millions in the first seven months of the year.

This recovery was similar in the rest of Central America: El Salvador reported a 21.1% increase, Honduras 13.8%, and Guatemala 8.8%.

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