dinero_admin Imports in El Salvador registered a growth of 1.9% in the first months of the year, reaching a total of US$2,763.3 million, according to the Banco Central de Reserva (BCR). This increase reflects the stability of foreign trade and the demand for goods in the country.
Within the sectors that contributed to this increase, the manufacturing industry led with US$1,197.43 million in imports, consolidating itself as the main engine of trade. Other sectors such as agriculture, livestock and forestry registered US$66.06 million, while maquila manufacturing industries totaled US$33.15 million.
Electricity supply also had an impact on the trade balance, with imports totaling US$4.58 million. This reflects the growing need for energy to sustain the country’s industrial development and infrastructure.
This growth in imports can be attributed to factors such as economic recovery and stability in international trade. However, it also poses challenges in terms of trade balance and dependence on foreign goods.
The country’s economic authorities will continue to monitor the behavior of imports, with the aim of promoting a balance in foreign trade and strengthening local production.
You may also be interested in
