2022 has been an important year for El Salvador coffee exports. According to the latest report by the Central Reserve Bank of El Salvador (BCR), from January 1 to November 30, 2022, Salvadoran coffee exports totaled $187.01 million; it means a 56.34% increase, equal to $80 million more compared to the same 2021 period.
El Salvador coffee exports in 2022 are averaging $17 million per month, reaching an all-time high of $28.72 million in May. The average for 2021 was $10.19 million, with April being the highest month at $19.05 million in coffee exports.
In November 2022, El Salvador exported $2.26 million of coffee products, exceeding the $1.46 million exported in November 2021, registering a growth of 54.79% for the month. However, coffee exports were less in November 2022 than the previous month.
*Nov 30 2022
The 2022 Salvadoran coffee exports have already surpassed the 2020s figures ($108.03 million) and 2021 ($122.29 million); this increase is good news for the Salvadoran economy. Also, the 2022 remittances to El Salvador and the country’s overall exports have increased.
According to the president of the Central Reserve Bank (BCR), Douglas Rodríguez, the increase responded to an improvement in prices in the international market, where the quintal of Salvadoran coffee beans reached $242 until October.
El Salvadoran coffee has made its way into 40 markets worldwide, where consumers prefer it due to its cup quality. Among those with the most significant demand are the United States, Belgium, Germany, Japan, Italy, the United Kingdom, and South Korea.” Douglas Rodriguez. Central Reserve Bank of El Salvador.
The Salvadoran Government maintains multiple strategies to achieve a definitive and sustainable rescue of the coffee-growing industry in the country. Additionally, it promotes Salvadoran coffee products through official representation in different locations worldwide.