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Clothing leads El Salvador exports

By Portal & Asociados - 07/06/2017
Clothing leads El Salvador exports

Half of the most exported products of El Salvador come from the textile industry, according to a report by the Information and Response Office of the Central Reserve Bank. T-shirts, sweaters, socks and underwear are among the 12 most sold Salvadoran products from 2006 to 2016.

The report states that El Salvador ended 2016 with total exports of USD 5,335 million, with maquila exports growing a yearly 3.8% and clothing at a robust 16.5%. "The textile industry had a performance of USD 1,744 million in 2006 and by 2016 it has reached USD 2,521 million, which is almost 47% of total exports," said to "El Salvador" newspaper Patricia Figueroa, director of the Chamber of Textile Industry, Apparel and Free Zones (Camtex).

The 12 most exported items are:

Cotton T-shirts
Gold coffee
Cotton sweaters
Aluminum electrolytic capacitors
Cotton socks for women
Cotton men underwear
Toilet paper
Synthetic fiber sweaters
Sugar
T-shirts of other materials
Ethanol
Medicines

By Portal & Asociados - 07/06/2017
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Portal & Asociados

For over thirty years, PORTAL & ASOCIADOS has been recognized as a Salvadoran law firm synonymous of high quality, integrity and value by leading domestic and multinational corporations and law firms seeking to invest or expand operations in El Salvador and Central America. We provide intellectual property services with a high level of professionalism no matter the size or nature of the operations of our clients.

The firm provides Intellectual Property services to businesses of all sizes, across all industry segments. Our multidisciplinary approach and multilingual staff appeal to inside and outside counsel who need a cooperative, responsive and cost conscious legal team on the ground to represent their clients’ interest in the Salvadoran and Central American region. Portal & Asociados also stands at the forefront of CAFTA related opportunities assisting manufacturers and companies to take full advantage of CAFTA market opening provisions by helping clients navigate the important reforms of domestic legal and business environments.

Because it is so time consuming and therefore expensive to establish and maintain relationships with five different law firms located and operating within a small geographical region, the firm´s Central American services consolidates clients’ efforts and offers one point of contact for all legal needs in Guatemala, Honduras, El Salvador, Costa Rica and Nicaragua and that is why we are your CENTRAL AMERICAN HUB FOR INTELLECTUAL PROPERTY SERVICES.