El Salvador: Foreign Trade Statistics in December 2015

28 Jan 2016

The rebound of the US economy and savings made in the oil bill influenced the Salvadoran Export Sector which saw a 4% increase in sales abroad.
From a statement issued by the Central Bank: 

Salvadoran Export sector closed 2015 with a positive growth of 4% per year which meant an additional $212.3 million, the Central Bank reported. 

The main sector registering foreign sales was manufacturing, representing 95.7% of exports, with a total of $5.248 million and an additional contribution of $226.8 million compared with 2014. The increase occurs in the framework of the implementation of the Policy for Development, Diversification, and Productive Transformation, which specifically supports these areas of the sector.

The branches of industry in El Salvador which excelled in terms of amounts exported were clothing and textiles, chemicals, rubber and plastics, base metal, food, beverages, paper and cardboard which contributed 59.7% to the exports industry, ie $3,134.6 million.

 

Source: centralamericadata.com