El Salvador: Foreign Trade Figures - I semester 2017

The agriculture and manufacturing sectors accounted for the year-on-year growth of 4% in exports registered in the first half of the year.

Monday, July 31, 2017

Five groups of products accounted for 57.3% of exports: Underwear, clothing and other textiles and their manufactures (US $1,167 million), machinery, other electrical apparatus and equipment (US $152.6 million), unrefined sugar (US $134.3 million), plastic manufactures (US $90.3 million) and coffee including roasted or decaffeinated coffee (US $84.3 million).

From a statement issued by the Central Bank:

At the end of the first half of the year, exports from El Salvador amounted to US $2,839.7 million, up by US $113.4 million compared to the same period in 2016, with a year-on-year growth of 4.2%, the Central Reserve Bank reported. This growth was explained by the good performance of the agriculture, hunting, forestry and fishing sectors, whose growth was 6% with an additional US $6.9 million on top of that exported in the same semester of 2016 and the manufacturing industry, which grew by 4.1%, contributing an additional US $107.3 million in the period.

Five of the nine economic branches of the agricultural sector grew during the semester and contributed US $100.6 million, or 82.6% to the sector's total; These branches are: gold coffee, basic grains, livestock, forestry and hunting and fishing products. On the manufacturing side, sugar and clothing were the sectors that contributed the most to the sector's growth of US $123.4 million more than in the same period in 2016, the source said.

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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.

El Salvador: Trade Deficit Increases to 14%

July 2019

During the first five months of the year, the balance of the country's trade balance reached -$2,521 million, 14% higher than that reported in the same period in 2018.

From the Central Reserve Bank report:

El Salvador's exports up to May of this year registered a total of US$2,490.8 million, 1% less than the same period of 2018, informed the Central Reserve Bank.

El Salvador: Exports Up 6% up to June 2018

August 2018

In the first semester, sales abroad exceeded $3 billion, 6% more than in the same period in 2017, mainly explained by the export performance of the manufacturing industry.

During the first half of the year, the main export sector was the manufacturing industry, which sold US $2,294.1 million worth of goods to the rest of the world. This sector increased its exports by US $75.2 million, according to data from the Central Reserve Bank.

El Salvador: Exports Up 6%

May 2018

Between January and April of 2018, exports exceeded $2 billion, 6% more than in the same period in 2017, and manufacturing sales accounted for most of the increase.

The Central Reserve Bank (BCR) reported that during the first four months of the year "...  Exports to the United States grew by 3.1% with a total of US $842.2 million, higher by US $25.2 million than the demand for the same period in 2017."

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