Courtesy
The most recent report from the Banco Central de Reserva of El Salvador reveals that the country’s exports in june 2024 reached US$3,209.4 million, which represents a decrease of 6.7% compared to US$3,439.3 million for the same period in 2023.
The United States remains the main destination for salvadoran exports, with a total of US$1,281 million, followed by Guatemala with US$4,707.7 million and Honduras with US$4,559.3 million. Nicaragua, Mexico, Canada, the Republic of China, and Panama complete the list of countries receiving salvadoran exports, showing significant geographic diversification.
Among the products with the highest exports are textiles, led by T-shirts with US$3,714 million and sweaters with US$1,768.1 million. Sugar follows in importance with US$1,595.7 million, followed by plastic articles, hosiery, coffee, paper and medicines, highlighting the variety and strength of the country’s export sectors.
The 6.7% drop in exports compared to the previous year underscores short-term challenges for the country, although it continues to demonstrate a robust capacity to compete in the international market, with a clear focus on diversification and continuous improvement of its products and export markets.