Trade Balance in El Salvador

El Salvador Trade Balance | Economic News & Forecasts

El Salvador - Trade Balance

The economy showed mixed signals in the second quarter. On the one hand, annual economic growth accelerated in April–May compared to January–March, partly thanks to strong expansions in the construction and financial services sectors, although a recent prolonged spell of dry weather continued to weigh on the agriculture sector. On the other hand, annual remittance growth slowed sharply in Q2 compared to Q1 despite a tight labor market in the United States. The drop off in remittances, which are worth a sizeable chunk of El Salvador’s GDP, will have dampened private consumption. In a move that could help improve remittances in the future, the government recently sent requests to several countries, such as the U.S., Australia and Canada, for increased temporary work visas for Salvadoran agriculture workers.

El Salvador - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-5.2  -5.2  -4.8  -4.4  -4.8  

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El Salvador Trade Balance Chart

El Salvador Trade
Note: Trade balance in USD billion.
Source: Central Bank of El Salvador.

El Salvador Facts


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