El Salvador: Foreign Trade Figures in 2013

An increase in non- traditional exports offset the fall in foreign sales of traditional products.

Thursday, February 6, 2014

According to the report entitled "Trends in Foreign Trade in 2013 in El Salvador" prepared by the Ministry of Economy (Minec) exports in 2013 totaled $5.491 billion, an increase of 2.8 % compared to 2012, when the total figure was $5.339 billion .

$3.908 billion worth of non-traditional products were exported last year, while in 2012 the figure was $3.765 billion. Exports of traditional products were down $42 million, totaling $424.9 million in 2013.

The main non-traditional exported products were from sectors such as metallurgy, paper, paperboard and pulp, plastics and rubber, and clothing, among others.

The main destinations of Salvadoran exports were the U.S. and Central America. Exports to the US totaled $2.490 billion.

Regarding imports, they amounted to $10.772 billion in 2013, while in 2012 the amount was $10.258 billion.



More on this topic

El Salvador: Foreign Trade in September 2015

October 2015

In September 2015 exports of goods and services recorded an increase of 5% compared to the same period in 2014, led by non-traditional exports.

From a report by the Reserve Bank of El Salvador:

The export sector has seen an increase in the monthly trends of sales abroad, with the end of September 2015 registering a growth of 5% per year with a total revenue of US $4224.5 million, according to a Central Bank report.

Maquila Sector Leads Exports in El Salvador

November 2013

Up until October maquila exports totaled $954 million, which represents 20.4% of total exports during that period.

According to the International Trade Report presented by the Ministry of Economy (Minec), Salvadoran exports are driven primarily by the maquila sector, specifically high value added garments as well as non-traditional products.

El Salvador: International Trade in April 2013

July 2013

During the first quarter of 2013, $1.8515 billion came into the country from exports, an increase of 1.8% compared to the same period of 2012.

From a Foreign Trade Report published by the Ministry of Economy of El Salvador:

During the first half of 2013, global economic activity shows signs of economic growth on a smaller scale.

Costa Rica: Non-traditional exports have kept up exports

October 2008

90% of Costa Rican exports during the last 12 months were for non-traditional products.

While the total export of goods to foreign markets grew only 5.5%, the export of non-traditional goods - such as services - increased by 20.5%, according to data for national sales to the exterior from September 2007 to 2008.

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