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El Salvador Balance of Trade
Last Release
Feb 28, 2025
Actual
-764.59
Units In
USD Million
Previous
-901.64
Frequency
Monthly
Next Release
Apr 24, 2025
Time to Release
30 Days 20 Hours
Highest | Lowest | Average | Date Range | Source |
-14.62 Mar 1991 | -1,046.63 Aug 2022 | -336.95 USD Million | 1991-2025 | Central Reserve Bank of El Salvador |
El Salvador's trade gap is mostly explained by the country's need to import fuels, consumer goods and industrial equipment. Textiles is the country's major export followed by chemicals, rubber and plastics, metallic products and sugar. The leading trading partner is the United States with 45 percent of exports and 32 percent of imports. Others include Guatemala, Honduras and Nicaragua.
Latest Updates
El Salvador reported a trade deficit of USD 764.59 million in February 2025, broadly in line with the USD 771 million gap recorded in the same month the previous year. Exports rose by 8.82% year-over-year to USD 551.35 million, driven by a 321.26% surge in consumer goods, particularly sugar (1,288.8%), and a 4.18% increase in non-traditional goods, while a 53.09% decline in manufactured goods exports (-20.49%) partially offset these gains. Meanwhile, imports increased by 3.02% to USD 1,315.94 million.
El Salvador Balance of Trade History
Last 12 readings