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