Salvadoran Trade Deficit Reduced

Exports in January 2011 grew by 24.3%, while the increase in imports was 6.4%.

Wednesday, March 2, 2011

According to information from the Central Reserve Bank (BCR), the trade balance deficit closed at $ 283.6 million. This represents a reduction of 11.9% compared to January 2010.

In January, exports totaled $ 407.8 million.

"As for imports, these totaled $ 691.4 million, an increase of 6.4% compared to January of last year," Laprensagrafica.com reported.



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Salvadoran Trade Deficit Grows

September 2011

Between January and August 2011, El Salvador has accumulated a trade deficit of $3,180.6 million, 47% more than in the same period in 2010.

For the period, exports totaled $3,666.7 million compared to a total of $6,847.3 million in imports, according to the Management of Economic Studies and Statistics at El Salvador’s Central Reserve Bank.

Salvadoran Trade Deficit Grows Larger in February

April 2010

The country’s trade deficit reached $578.4 million, $45.2 million more (7.8%) than the same month of 2009.

Exports grew 11% to $693.6 million, while exports increased 9.9%, reaching $1.27 billion.

“The Central Bank highlighted a 57.2% increase in traditional exports, which reached $94.1 million”, reported El Salvador.com.

El Salvador's Trade deficit grows 17.2%

July 2008

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.

The bank attributed much of the increase to the increased cost of importing petroleum. The bill for the first half of the year came to almost one billion dollars, up by 48.8 percent compared with the same period in 2007.

El Salvador's first-quarter trade gap grows 20.4 percent

April 2008

El Salvador registered a first-quarter trade deficit of US$1.254 million, a 20.4 percent increase on the same period of last year.

The central bank said that first-quarter exports totaled US$1.053 billion, up from US$1.041 billion in the 2007 period. Meanwhile, first-quarter imports came to US$2.307 billion, a 14.7% year-on-year increase.

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