A view of containers in Acajutla Port, the main maritime gateway to El Salvador. /distortion
Exports of El Salvadoran goods fell for the second month in a row last April, with a cumulative 7.4% decline, data updated last night by the Central Reserve Bank (BCR) confirmed.
Between January and April, the companies shipped $2.2607 billion worth of goods, a figure $181.8 million less than reported for the same period in 2022.
Unlike last year, when exports increased in value but decreased in volume, BCR reported a 2.3% increase in commodity volume, with just over 1,289.2 million kilograms sent to international markets.
$471.5 million was exported in April alone, down 16.8% ($95.3 million) from the figure recorded for the same day in 2022.
BCR records show exports fell 9.7% in January, giving the year a bad start. It managed to pick up in February, increasing by 1.1%. However, this trend did not continue in March, which fell 5.1%.
Products with a large amount of tipping.
cane sugar It has become the main product sold by El Salvador, displacing shipments of sweaters and shirts. These factories he exported $155.15 million in April, a figure he increased by 24.3%.
Sweaters and vests ranked second with $122 million in shipments, up 7.5%. Plastic products ranked third with $87.4 million. However, this category shrank by 9.6%.
A T-shirt appeared in 4th place and became a circle of exports. BCR reports that $85.9 million was exported, which represents a significant drop of 20.4% for him compared to the same period in 2022.
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These results confirm that El Salvador’s main exporter, the textile sector, faces a more difficult scenario, with demand in the United States declining the most.
Coffee was also included in the list of products that fell, at 5.2%. leggings and stockings 5.2%; pharmaceuticals 11.9%. Knitted fabrics 44.3%. 35.1% is suitable. 14.6% cotton thread. Bra or corset 74.8%. Above all.