Key Market Indicators
Salvadoran Electrical Equipment Export is projected to climb to approximately $407 million by 2028, increasing from around $356 million in 2023. This growth represents an annual compound growth rate (CAGR) of 2.1%. However, it's worth noting that since 1999, the country's electrical equipment supply has seen a slight annual decline of 0.6%. On the import side, Salvadoran Electrical Equipment Import is expected to rise to nearly $1.13 billion by 2028, up from about $994 million in 2023. This marks an average annual growth rate of 2%. In contrast to exports, the country's demand for electrical equipment has experienced a steady increase of 1.6% per year since 1999.
