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Monday, 08 January 2024 16:27

Increase in imports and exports by the end of 2023

Written by Denis Muñoz
Increase in imports and exports by the end of 2023

The Comisión Ejecutiva Portuaria Autónoma (CEPA) informed that from january 1 to december 31, 2023, more than 5.2 million metric tons in imports and exports were mobilized at the Port of Acajutla, this represents a growth of 4.5% compared to 2022.

In the first quarterly report published in march 2023, it was stated that exports registered US$1,789.2 million with a 4.6% reduction, equivalent to US$86.5 million less than the accumulated for the same period in 2022. Regarding imports, the same report registered an accumulation of US$3,938.7 million with a reduction of 6.3% inter-annual equivalent to US$264.6 million.

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For the month of august 2023, exports registered US$4 thousand 547.6 million with a contraction of 8.3%, equivalent to US$413.8 million less than the same period of 2022. As for imports, the same report registered an increase to US$10,425 million with a reduction of 10.2% inter-annual equivalent to US$1,185.7 million.

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For 2024, the organization states that growth will rebound and is expected to have an increase of 3.2%; however, this estimate is uncertain due to the presence of geopolitical tensions, disruptions in the food supply and the possibility of monetary policy tightening.

 

Translated by: A.M

Published in Economy
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