50 El Salvador exporters prepare to go to the EU

Europe is a very important market for the export sector, offering new opportunities for products already being sold there as well as for new export products.

Thursday, July 10, 2008

The European Union represents a market of almost 500 million potential consumers, while its Gross Domestic Product is more than 13 trillion dollars. Income per capita there is about 30,000 dollars, according to data provided this week from the El Salvador Exporters Corporation.
In 2007 El Salvador's sales to the EU market were about 272 million dollars. The main products were tuna, coffee, cotton towels, sugar, ornamental plants, shoes, honey, handicrafts, gift products and some other food products. Agricultural products comprised three-quarters of total sales.
El Salvador's exporters' union reports that 50 businessmen will take part in the Fourth Round of Central America-EU trade talks that are about to get underway in Brussels.

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More on this topic

El Salvador: Losses From Sugar Exports

July 2013

The sector, which was ready to export 10,000 tonnes of sugar to the European Union, must wait two more months to do so.

Non-acceptance by dairy farmers in El Salvador and Costa Rica of the geographical indicators for Italian cheeses has caused a delay of at least 60 days of the entry into force of the Association Agreement with the EU.

Central America-EU FTA Coming Into Force Soon

May 2012

In late June the Association Agreement between Central America and the European Union will be signed in Tegucigalpa, containing a section on trade which will take effect as soon as it is ratified by one of the governments of the region.

The final flourish of the Association Agreement between Central America and the European Union (EU) - which consists of three pillars: economic, political and cooperation, is scheduled for between 28th and 29th June in Tegucigalpa, during a summit of Central American presidents.

Opportunities and Challenges for El Salvador in Europe

July 2013

With the entry into force of the AA in August, 90% of Salvadoran products will be able to be sent to European Union countries duty free.

"What will happen is that Central America, instead of exporting to the international market, will export to Europe. It will change the export destination," said Julio Arroyo, CEO of the Asociación Azucarera.

El Salvador Ratifies Agreement with European Union

July 2013

The Association Agreement with the EU was approved with no negative votes by the Salvadoran Legislative Assembly.

From a press release from the Legislative Assembly of El Salvador:

The Legislative Assembly of El Salvador in plenary session, affirmed on Thursday with 82 votes, the Association Agreement between Central America and the European Union (AA), which will enter into force on August 1.

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