El Salvador: Commercial deficit at $4.2 billion

The accumulated trade deficit from January to September was at $4.02 billion, the Central Reserve Bank reported today.

Thursday, November 6, 2008

El Salvador managed to export $3.53 billion during the first nine months of the year, an increase of 17% when compared to the 2007 period, said bank officials.



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Persistent Trade Deficit in El Salvador

March 2013

Taking into account the last 18 years, the value of exports is less than half of what is paid for imports.

According to the Secretariat of Central American Economic Integration (SIECA) during the last 18 years, the behaviour of imports has caused a chronic total trade deficit with a trend that shows it is set to get worse.

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.

El Salvador: Trade Gap Widens by 21%

August 2010

In the first seven months of the year, the difference between exports and imports totaled $2.3 billion, 21.2% more than in the same period of 2009.

El Salvador's imports for the period totaled $4.9 billion and exports $2.6 billion, the country's central bank (BCR) reported.

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.

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