The Central Reserve Bank (BCR) reported that, at the end of the tenth month of this year, Salvadoran exports accumulated $6,260.8 million, which means an increase of 13.9% compared to the same period in 2021, when international sales totaled $5,497.6 million.
Of this figure, one of the leading products was coffee, which had exports of $185 million between January and October of this year and a growth of 56.3% compared to the same period in 2021.
Regarding quintals, the country exported 766,000 quintals during the first 10 months of this year, which is 12.8% more than what was sold the previous year.
According to the BCR, this can be explained by the increase in the international price per quintal of coffee due to the increase in international demand. The price per quintal of the Salvadoran aromatic is quoted at $242 until October.
As an additional factor, the Salvadoran crop has made its way into 40 markets around the world, where consumers prefer it due to its cup quality. Among those with the greatest demand are the United States, Belgium, Germany, Japan, Italy, the United Kingdom, Italy, and South Korea.
Due to this demand and in compliance with a historical debt with the coffee sector, which was abandoned for more than 30 years, the government of President Nayib Bukele executes strategies to rescue coffee growing in the country. With the relaunch of the Café El Salvador brand and the application of the axis dedicated to this crop in the Agricultural Rescue Master Plan, businessmen have been able to increase their sales.
In addition, in response to the damage caused by the Julia storm that hit the country in October, the Ministry of Agriculture and Livestock (MAG) delivered inputs to protect production that could have been compromised due to excessive humidity. To date, more than 4,500 producers have benefited from the delivery of inputs, which served to protect 14,000 cultivated apples.
Another agricultural product that stands out for its international demand is sugar. The BCR indicated that the exports of this sweetener between January and October 2022 totaled $153.6 million, which represents an increase of 11.67% compared to what was sold during the same period of the previous year. with a unit price per quintal of $20.87 until October.
Regarding this product, the Sugar Association of El Salvador (AAES) estimates that the 2022–2023 harvest will have a production of 17,064,495 quintals.