Coffee prices maintain a favorable trend for producing countries, with levels of at least US$180 per quintal in the world average. It is important to remember that most of the coffee produced in El Salvador is sold with high added value: certifications, seals and cup quality that allow the seller to obtain an even higher price than the average.
The Government continues with its actions so that coffee growers increase their production with varieties that give them more profitability. This month they have made deliveries of inputs to maintain optimal nutrition in the crops.
In other foreign trade issues, the BCR shows that El Salvador's export base continues to strengthen, especially with more SMEs participating.
As of april, the Bank has registered 1,737 companies that have placed their products in foreign destinations, which represents an increase of 5.27% compared to 2021. Government initiatives to facilitate trade, training and programs to stimulate greater productivity have been key for companies to take advantage of the economic dynamism.
The segment that exports from the minimum amount, up to US$1,000, that is to say SMEs, increased sales by 49.04 % over last year. This will result into benefits for their employees and more purchases from their suppliers.