Imports to El Salvador as of August 2023 total $10,425.79 million; it represents a -10.21% year to date reduction, equal to $1,185.67 million less than in 2022, according to data from the Central Reserve Bank of El Salvador (BCR).
The monthly average of Imports to El Salvador in 2023 is $1,303.22 million, reaching a yearly high of $1,412.08 million in March. The average for 2022 was $1,425.67 million, with March being the highest month at $1,613.10 million in imports.
In August 2023, El Salvador imported $1,360.59 million of products, failing to surpass the $1,471.75 million received in August 2022; the country imported $111.16 million less (-7.55%) in August 2023 than in August 2022.
The August 2023 imports were 6.39% more than the previous month, an increase of $81.67 million.
Thus far, in 2023, the manufacturing industry accounts for 88.39% of total imports, totaling $9,214.94 million. The agriculture, livestock farming, and forestry industry is in second place with $539.92 million in imports.
As of August 2023, every single month has had fewer imports than the same 2022 months.