Over 160 thousand tons have been sold, but at lower prices than in the previous harvest.
During the 2012-13 harvest, the sugar industry exported 400 thousand tons of grain, 160 thousand tons more than in the previous one. However, the value of sales did not behave the same as the volume exported, because revenues were between $210 million and $220 million, similar to the amount in the last harvest.
During the 2013-14 harvest ending on October 31 490,000 metric tons of sugar were exported while in the previous harvest the amount was 412,000 MT.
According to the Sugar Association of El Salvador , the main destinations of the country's raw sugar are the USA, Chile, Russia, Taiwan and Canada. Meanwhile, the refined product is sold to the Netherlands, Chile, Taiwan and other Caribbean countries .
So far this year 37 million quintals of sugar have been exported, keeping pace with increasing global demand.
Statistics from the Sugar Association of Guatemala (Asazgua) indicate that the export season ending in October, could close with growth of 10% compared with 2012 sales.
Mario Yarzebski, the person responsible for International Trade Negotiations at Asazgua, revealed that the increase in export volume is due to the effect of supply and demand. "There were favorable weather conditions in the previous harvest which increased yields in the field and factory," he said.
The South American country has sent its own ships to carry food in short supply in this nation such as sugar, coffee, black beans, oil, meat and live cattle.
Last weekend, 1,500 tons of sugar were loaded up in the Port of Corinto, the first shipment of three which will transport 45,000 tonnes of products between May and June. According to the director of the National Port Company, Virgilio Silva, on May 24 another ship docked in Arlen Siu, in the Pacific, to load up 980 heifers with the same destination.
Sugar sales were $55.6 million in February 2012, $34 million more than in February last year, meanwhile producers claim that there is a large interest in purchases by Russian factories.
Sugar exports increased by 20% at the beginning of the year, said Mario Amador, Executive Director of the National Committee of Sugar Producers, CNPA.
According to data provided by the Center for Exports (Cetrex), up to February 2011, sales of the sweetener had generated income for the country by the order of U.S. $21.5 million versus the $55.6 million generated in the same period in 2012 .