El Salvador's trade deficit increases by 19% from January to May



[ad_1]

El Salvador's trade balance reached a deficit of $ 2,206.9 million from January to May, an increase of 19.2% over the same period of 2017, reported Monday the Bank Central Reserve (BCR).

In the first five months, the country's exports reached $ 2,515.5 million, which represents a growth of 5.2% over the same period last year.

Principal buyer of Salvadoran property, with $ 1,070.6 million, followed by the Central American countries, according to the BCR.

Imports amounted to $ 4,722.4 million, $ 479.2 million more than the same period last year, which equates to growth of 11.3%.

The main suppliers of goods to the country were the United States with 1,547.2 million (32.7%), China with 596.5 million (12.6). and Guatemala 494.2 million (10.5%).

The Oil Bill The increase in El Salvador rose to $ 676.1 million, up 23.7% from the first five months of 2017, due to the rise in price of crude oil and its derivatives.

[ad_2]
Source link