Salvadoran exports to the US increase 9.8%
Despite the contraction of the American economy, Salvadoran sales to said market continue to grow.
Wednesday, October 29, 2008
According to the Department of Economic Studies and Statistics of the Central Reserve Bank of El Salvador (BCR), exports to the United States increased 9.8% during the third quarter of the year in relation to the same period in the previous year, while sales to Central America grew 27.3% annually.
During the first six months of 2013 foreign sales totaled $2.822 billion, $151 million more than in the same period in 2012.
Exports totalled $448.7 million in January 2012, a growth of 9.8% in value and 12.6% in volume compared to January 2011.
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.
Exporter and the government expect that demand will not dry up due to the global situation.
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