Maquila Sector Leads Exports in El Salvador

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

Friday, November 29, 2013

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.

Carlos Moreno, director of trade policy at the Minec said that exports in the first ten months of this year rose by 3.6% totaling $4.6659 billion.

Non-traditional products accounted for 70.8% of total exports recorded last October with $3.3026 billion in revenue, while the maquila sector contributed 20.4% with $953.7 million. Meanwhile, traditional products generated $409.6 million, 8.8% of the total.



More on this topic

Guatemala: Export figures up to September 2015

November 2015

In September, exports sent by the chemical industry recorded a growth of 28%, followed by fresh and frozen fruit, which grew by 14%.

From a statement issued by the Guatemalan Exporters Association:

Total exports from January to September 2015 reached US $8.297 billion, which means 1.7% (US $136 million) more than was exported in the same period in 2014.

Honduras: $1.946 billion in Maquila Exports

September 2014

80% of the volume exported by the Honduran maquila sector in the first half of 2014 corresponds to textiles, 15% to harnesses, and the remaining 5% to other goods.

A report by the Central Bank of Honduras (BCH) specifies that when comparing the figure for the first half of this year with the same period of 2013, "... A slight increase of $8.2 million is observed. "

El Salvador: Foreign Trade Figures in 2013

February 2014

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

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 .

Salvadorans Textile Companies Save the Year

February 2013

With a 4% increase in exports in 2012 compared to the previous year, the textile industry remains the main pillar of foreign trade in El Salvador.

Revenue from sales from the textile industry in El Salvador during 2012 totaled $2.1965 billion, $73.4 million more than in 2011.

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