El Salvador's first-quarter trade gap grows 20.4 percent
El Salvador registered a first-quarter trade deficit of US$1.254 million, a 20.4 percent increase on the same period of last year.
Wednesday, April 30, 2008
The central bank said that first-quarter exports totaled US$1.053 billion, up from US$1.041 billion in the 2007 period. Meanwhile, first-quarter imports came to US$2.307 billion, a 14.7% year-on-year increase.
El Salvador's trade deficit increased by 17.2 percent, and totalled 2.643 billion dollars between January and June of this year, the Central Reserve Bank reported Tuesday.
Between January and August 2011, El Salvador has accumulated a trade deficit of $3,180.6 million, 47% more than in the same period in 2010.
A deficit of $1.398 billion was accumulated in the first quarter, an increase of 82.8% over the same period in 2010 and 29% of the total trade deficit expected for 2011.
The country’s trade deficit reached $578.4 million, $45.2 million more (7.8%) than the same month of 2009.
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