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Weekly Report - 3 February 2011 (WR-11-05)

TRACKING TRENDS

EL SALVADOR | Trade deficit. El Salvador posted a US$4.08bn trade deficit in 2010, according to the central bank. Exports increased by 18% on 2009 to US$4.47bn but imports climbed by a similar amount to US$8.55bn. Oil imports increased by 33% to US$1.44bn in 2010 on the previous year and with prices steadily climbing this will increase further in 2011. Maquila exports were up by 17% to US$1.74bn.

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