Salvadoran exports to Taiwan increase 79%

EXPORTA attributes the increase to the free trade agreement with the island, which has been in effect for 7 months as yesterday.

Thursday, October 2, 2008

From March to August of this year, El Salvador increase its exports to Taiwan by 79%, Eugenia Yang, economic adviser at the Taiwanese Embassy in the country, reported.
"The main products (sold to Taiwan) are scrap metal, clothing, textiles and coffee. The imports are practically raw materials, plastics, and chemical," she added.

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More on this topic

Honduras and Taiwan ratify free trade accord

July 2008

Honduras and Taiwan ratified a free trade agreement that was signed just over a year ago and also includes El Salvador.

The FTA is due to come into force within 30 days of ratification. The Honduran embassy said the accord aims to "eliminate barriers to trade and promote fair competition."

Taiwanese Mission Visits El Salvador

March 2009

A trade mission composed of representatives from 22 companies in different industries met with Salvadoran businesspeople.

German Rivas wrote in Laprensagrafica.com: "’The advantage that Salvadoran exporters have taken of the free trade agreement with Taiwan is still 'timid' after 10 months of it having come into force,’ said the Taiwanese ambassador in the country, Carlos Liao.

Salvadoran Exports Up 5.6%

August 2013

During the first six months of 2013 foreign sales totaled $2.822 billion, $151 million more than in the same period in 2012.

From a press release issued by the Central Reserve Bank of El Salvador:

Total exports to June of this year amounted to $2822.2 million, up $150.6 million compared to the same period in 2012, the growth rate was 5.6% per year, with a gradual recovering its dynamism, informed the Office of Economic Studies and Statistics of the Central Reserve Bank of El Salvador.

El Salvador's January-May exports grow by 19%

July 2008

El Salvador's exports broke all records in the January-May period this year, growing at 19.4 percent compared with 2007 and totalling 1.906 billion dollars.

The Central Reserve Bank reports that the increase is due in part to the sale of non-traditional products, the good performance of the maquila sector, and the growth of coffee exports, which have brought in 50 percent more revenues than last year.

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