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El Salvador Balance of Trade
Last Release
Jan 31, 2025
Actual
-901.64
Units In
USD Million
Previous
-947.32
Frequency
Monthly
Next Release
Mar 21, 2025
Time to Release
26 Days 12 Hours
Highest | Lowest | Average | Date Range | Source |
-14.62 Mar 1991 | -1,046.63 Aug 2022 | -335.9 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 901.64 million in January 2025, widening from the USD 725 million gap recorded in the same month the previous year. Exports increased by 2.75% year-over-year to USD 545.67 million, driven by an increase in non-traditional goods (15.09%), while the decline in of 53.09% in the export of consumer goods, particularly sugar (-64.11%) and manufactured goods (-21.27%) somewhat offset. Meanwhile, imports also increased by 11.87% to USD 1,447.31 million.
El Salvador Balance of Trade History
Last 12 readings
