Services Exports in El Salvador

In 2011 sales of Salvadoran services abroad totaled $1.1 billion, 10% more than in 2010.

Thursday, May 24, 2012

A statement from the Agency for Promotion of Exports and Investments in El Salvador (PROESA) reads:

The Agency for Promotion of Exports and Investments in El Salvador, PROESA, today (Wednesday 24th) held the 1st International Forum on Export of Services in order to raise awareness of global trends, the outlook for the region and the country as well of some of the success stories of exporters of services. The Forum's main purpose was to stimulate more interest by Salvadoran firms to venture into this activity with high growth potential.

The forum was attended by the Technical Secretary of the Presidency and Chairman of the Board of PROESA, Dr. Alexander Segovia, Minister of Economy and board member of PROESA, Mr. Armando Flores and PROESA Executive Director, Mr. Giovanni Berti.

Participants in this event learned about the prospects of the service sector by the ECLAC official, Jorge Mario Martínez Piva, the importance of having adequate national accounts for exports of services presented by Javier Peña, president of the American Association of Exporters Services, ALES, the Peruvian experience in the international promotion of services, provided by David Edery, representative of the Agency for Promotion of Exports and Investments, PROMPERU, and the experience of a U.S. purchaser of services, Fred Isenberg, from New Generation Computing Inc., who emphasized the requirements Salvadoran companies must meet in order to achieve a successful internationalization of their business.

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Third Edition of Step by Step Export Program

April 2013

Targeting the markets of Guatemala, Honduras and Nicaragua, the Export Promotion Agency of El Salvador has relaunched the program in support of SMEs.

From a press release published by the Agency for the Promotion of Exports and Investments of El Salvador (PROESA):

Under the Export Promotion Strategy, the Government of El Salvador launched on Tuesday April 16 the third edition of the Step by Step Export Program, a coordinated effort between the Agency for Promotion of Exports and Investments of El Salvador (PROESA) and the Ministry of Economy (MINEC), which has the support of the Technical Secretariat of the Presidency (STP), the U.S. Agency for International Development (USAID), through USAID's development program for SMEs, and the Special Fund of Resources from the Proceeds of the Privatization of ANTEL (FANTEL). It is expected that one hundred Salvadoran firms will initially be assisted as exporters and that there will be negotiations totalling over $5 million.

‘3rd Exporters Meeting' In December

November 2011

The event organized by Coexport will be held from 5th to 7th December at the Hotel Sheraton President in the Salvadoran capital.

The Exporters Corporation of El Salvador (COEXPORT) will hold the most important annual event for the export sector during which producers, exporters, institutions and service companies are able to gather together, listen, and interact with each other on the 5th ,6th and 7th December.

Missions to Trade Shows Canceled

April 2012

Disinterest and a change of plans by organizers has forced Salvadoran authorities to cancel their participation in two events.

The Investment Promotion Agency (Proesa) of El Salvador had to cancel participation in two fairs planned for April.

Those are, OutSource2LAC, scheduled for 12th and 13th of this month, the date was changed by the organizers themselves, said Giovanni Berti, director of the agency.

El Salvador Aims at $30 Million in Deals at World Fairs

January 2012

Some 145 Salvadoran companies will participate this year in international fairs, particularly those related to the food and beverage sector.

Some 145 firms, mostly medium and small sized, will participate in trade fairs in Germany, Colombia, Taiwan and Panama, among other countries, and it is expected that deals will be made worth around $30 million.

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