El Salvador recorded a trade deficit of 677.74 USD Million in September of 2021. source: Central Reserve Bank of El Salvador

Balance of Trade in El Salvador averaged -284.69 USD Million from 1991 until 2021, reaching an all time high of -14.62 USD Million in March of 1991 and a record low of -749.83 USD Million in July of 2021. This page provides the latest reported value for - El Salvador Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. El Salvador Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Balance of Trade in El Salvador is expected to be -483.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Balance of Trade is projected to trend around -483.00 USD Million in 2022, according to our econometric models.

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El Salvador Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2021-09-23 03:00 PM Aug $-704M $-750M
2021-10-15 05:30 PM Sep $-678M $-704M
2021-11-15 03:30 PM Oct $-678M

El Salvador Last Unit Reference Previous Highest Lowest
Balance of Trade -677.74 USD Million Sep/21 -704.46 -14.62 -749.83
Current Account -160.51 USD Million Jun/21 -234.00 106.40 -1130.00
Imports 1246.79 USD Million Sep/21 1217.00 1343.29 90.99
Exports 569.15 USD Million Sep/21 512.54 593.47 47.70
Capital Flows -178.33 USD Million Mar/21 -123.83 924.80 -702.64
Remittances 583.85 USD Million Sep/21 616.29 684.94 53.10
External Debt 18450.59 USD Million Jun/21 17994.58 18461.66 7620.97

El Salvador Balance of Trade
El Salvador's trade gap is mostly explained by the country's need to import fuels, consumer goods and industrial equipment. Textiles is the country's major export followed by chemicals, rubber and plastics, metallic products and sugar. The leading trading partner is the United States with 45 percent of exports and 32 percent of imports. Others include Guatemala, Honduras and Nicaragua.