El Salvador: Exports Up 6%

In 2017 exports totaled $5,760 million, 6% more than in 2017, and sales of clothing and sugar were the ones that accounted for most of the increase.

Tuesday, January 30, 2018

Sales in the Central American region, including Panama, constituted the second largest destination for Salvadoran exports, amounting to $2.403 billion, also registering an increase of 6% compared to 2016.

From a statement issued by the Central Bank:

At the end of 2017, El Salvador's exports of goods totalled US $5.760 billion, representing inter-annual growth of 6.3% and additional revenues of US $340.4 million with respect to 2016, the Central Reserve Bank reported.

The Central Bank highlighted the results of exports in 17 branches of the economy, with the highest contribution in: Clothing with an additional US $88.3 million in the year 2017; textiles, with an additional US $76.9 million; sugar, additional US $70.5 million and base chemistry, US $39.5 million more than what was accumulated in the previous year. In total, the indicated items accumulated exports worth US $2.5176 billion.

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