From January to September, El Salvador’s textile export volume grew by 11.9%

According to statistics from the Central Bank of El Salvador, this year (January-September 2011), El Salvador’s total exports amounted to US$4.155.5 billion, a 21.8% increase over the same period of last year, with an import value of US$7.693 billion, a growth of 22.7%, and a trade deficit amount. It reached US$3,529.28 million, an increase of 23.7% over the same period of the previous year (2010).

In the January-September period of this year, the export of traditional products was mainly coffee, cane sugar and shrimp. The export value was US$ 522.77 million, an increase of 86.7%.

In the non-traditional products segment, the export volume for the first nine months of this year was 2,640,500,000 US dollars, up 17.3% over the same period of last year, and the textile export value was 937.40 million US dollars, up 11.9%.

El Salvador’s import of crude oil for the period from January to September 2011 was $134.22 million, and the import of raw materials for the garment industry was $722.7 million, which was the main cause of the increase in the trade deficit.

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