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Official data indicate that export revenues from the 2023-2024 harvest totaled more than US$7.93 million, compared to US$6.54 million for the same period of the 2022-2023 harvest.
Exports in october 2023, when the current 2023-2024 Salvadoran coffee cycle began, managed to maintain the positive balance, compared to the same month of the previous harvest, the value of exports rose 43.1%, from US$4.04 million to US$7.58 million.
In november 2023, income was US$2.15 million compared to US$2.50 million in the same month of the previous year's harvest, a drop of 14.2%, according to data from Instituto Salvadoreño del Café.
It should be noted that the coffee cycle in El Salvador begins in october of each year and ends in september of the following year, which means that the current cycle will end in september 2024. Coffee is El Salvador's main agricultural export product, which is why the increase in export figures greatly benefits the coffee industry.
Translated by: A.M