El Salvador Clothing Accessories Industry Outlook 2023

See how El Salvador Clothing Accessories performed compared to key markets.

Key Market Indicators

Salvadoran clothing accessories imports have experienced a significant decline. In 2023, imports stood at approximately $1,400, a sharp drop from the $2,500 recorded in 2022. This represents a decrease of nearly 45% year-on-year. Over a longer period, since 1999, Salvadoran demand for clothing accessories has fallen by about 29% annually. In contrast, Salvadoran exports of clothing accessories have seen a remarkable surge. In 2018, exports reached around $440, a dramatic increase from just $12 in 2017. This marks an astonishing rise of 3,580% compared to the previous year. Over a longer timeframe, since 2003, the country's supply of clothing accessories has grown by approximately 18% annually.

Marketing Banner

El Salvador Clothing Accessories Market Data and Forecasts