Exports in El Salvador increased by 17% in July 2022

This Friday, the president of the Central Reserve Bank of El Salvador (BCR), Douglas Rodríguez, reported at a press conference that exports in El Salvador increased by 17% in July 2022, since revenues of $4,494.1 million were recorded , an amount higher by $644.5 million than that recorded in the same period of that month in 2021.

According to the president of the BCR, July 2022 is the second month with the highest exports in the history of El Salvador, only surpassed by May of this year.

On the other hand, the official reported that in the “manufacturing industry, growth of 15% was registered by accumulating exports of $4,249.2 million.”

The president of the BCR highlighted coffee exports in the period from January to July 2022, in which revenues of $169 million were recorded.

“The maquila sector stands out with accumulated exports of $859.4 million, with 15% growth,” said the BCR president.

Regarding manufactured goods, the sector stands out for its 10.4% increase in clothing exports thanks to revenues of $572.4 million.

“Exports to Central American countries registered a value of $2,015 million and a growth of 20%”, he indicated.

Finally, income from family remittances in the month of July 2022 increased by 3.3% due to accumulated income amounting to $4.4 million.