El Salvador: Exports up to April 2019

In the first four months of the year, sales abroad reached $1.932 million, 4% less than reported in the same period of 2018.

Friday, May 31, 2019

From the Central Reserve Bank report:

The manufacturing industry, including the maquila, exported US$1,859.5 million with -3.9% year-on-year growth (US$75.4 million less), mainly because of the decrease in foreign sales of clothing, food products and manufacture of common metals; however, other sectors reported increases in their exports, among them: manufacture of textile products (US$11.3 million more), manufacture of paper and paper products (US$6.5 million), agriculture, livestock, hunting and related service activities (US$4.5 million); manufacture of other non-metallic mineral products (US$2.4 million), other manufacturing industries (US$2.3 million), supply of electricity, gas, steam and air conditioning (US$2 million), among others.

El Salvador's main trading partner, the United States, demanded goods for US$806.1 million, 4.3% less (US$36.1 million) compared to the same period in 2018. The five main economic branches that produced goods for export to that country were: manufacture of knitted and crocheted articles (US$277.8 million), manufacture of garments, except skin garments (US$50.6 million), manufacture of sugar (US$30.6 million), cultivation of plants with which beverages are prepared (US$22.3 million) and manufacture of articles made of textile materials, except garments (US$15.5 million).

Read full report (In Spanish).



More on this topic

Manufacturing: Exports up 5%.

February 2020

During January, Salvadoran manufacturing exports totaled $492 million, an amount 4.9% higher than that reported for the same month in 2019.

Exports from El Salvador in January 2020 totaled $509.8 million, $26.5 million more than in January 2019, with a 5.5% year-on-year growth, while in terms of volume it grew 23.7%, reported the Central Reserve Bank.

Oil Bill Still Down

October 2019

In the first nine months of the year, Salvadoran purchases abroad that make up the oil bill totaled $1.122 million, 9% less than the amount reported in the same period of 2018.

The oil bill is composed mainly of gasoline ($341.7 million), diesel ($307 million), liquefied gases and propane ($171 million) and fuel oil (Bunker C) with ($133.2 million), informed the Central Reserve Bank (BCR).

El Salvador: Trade Deficit Increases by 9%

August 2019

From January to July of this year, the negative balance of trade balance was of $3.460 million, an amount 9% higher than reported in the same period of 2018.

From the Central Reserve Bank report:

Exports up to July of this year registered a total of US$3,591.3 million, US$32.2 million additional (0.9% more) regarding the same period of 2018, informed the Central Reserve Bank.

Salvadoran Exports Grow 4% Up to August 2018

October 2018

During the first eight months of the year, foreign sales reached $4.054 billion, almost 4% more than the same period in 2017.

From the press release of the Central Reserve Bank:

The exported merchandise from El Salvador up to August 2018 reached US$4,053.8 million, US$139.9 million more than the same period in 2017, with an inter-annual growth rate of 3.6%, reported the Central Reserve Bank.

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