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LatinNews Daily - 14 August 2020
In brief: El Salvador’s exports show signs of recovery
* El Salvador’s central bank (BCR) has released new figures which show the country’s exports in the first seven months of 2020 totalled US$2.66bn, a 25.9% drop on the same period in 2019. However, the figures show that exports for the month of July were US$465.1m, up 58.3% on the previous month – attributed to the reopening of the economy, previously shuttered to stop the spread of coronavirus (Covid-19), which began on 16 June. Imports in the first seven months totalled US$5.79bn, a 17.8% drop on the same period in 2019. The main sources of imports were the US (which accounted for US$1.58bn), mainland China (US$830.1m), and Guatemala (US$671.2m).
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