India - El Salvador Business and Cultural Council

El Salvador, the smallest and most densely populated Central American country, has a population of about 6.5 million. Its capital is San Salvador. Known for coffee production, it has a tropical climate, diverse culture, and history of civil conflict.

Ambassador and Consul General

The Minister Counsellor of the Embassy of El Salvador Mr. Daniel Gutierrez and Honorary Consul Pallavi Kanoria have accepted the Honorary Membership of Global India Business Forum, in the presence of Global President Dr. Jitendra Joshi, Global Co-ordinator Deepali Gadkari and Mr. Jaikar Wagh. Realizing the strengths of Global India Business Forum and the Consulate of El Salvador and conscious of the benefits to be derived by both organizations and its members through this mutual understanding, both parties will be associated with each other in mutual cooperation to facilitate mutual investment, trade and economic cooperation complimented by knowledge sharing, training, certification and networking.

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Textiles, Rubber, Chemicals, Plastics, Coffee

Chemicals, Machinery & Equipment, Food, Refined products, Transport equipment

About El Salvador

El Salvador, located in Central America, is the smallest and most densely populated country in the region. Situated between Guatemala to the west and Honduras to the north and east, it also has a coastline along the Pacific Ocean to the south. Covering an area of approximately 21,041 square kilometers (8,124 square miles), El Salvador is roughly the size of the state of Massachusetts in the United States.
The geography of El Salvador is characterized by a varied terrain, including rugged mountains, volcanic peaks, fertile valleys, and coastal plains. The country is part of the Ring of Fire, a region known for its seismic and volcanic activity. Notably, there are over 20 volcanoes in El Salvador, with some of the most prominent ones being the Santa Ana, Izalco, and San Miguel volcanoes.
The central region of El Salvador consists of a series of volcanic mountain ranges running parallel to the Pacific coast, with peaks reaching heights of over 2,000 meters (6,500 feet) above sea level. These volcanic formations contribute to the country's fertile soil, supporting agriculture as a key sector of the economy.

Business Opportunities in El Salvador

El Salvador offers various business opportunities, driven by a favorable investment climate and strategic location. The country benefits from free trade agreements, including CAFTA-DR, which facilitates access to the U.S. market. Key sectors for investment include textiles, apparel, and light manufacturing due to competitive labor costs and skilled workforce. The tourism industry is growing, with natural attractions and cultural heritage drawing visitors. Additionally, the technology and innovation sector is expanding, supported by government initiatives. Infrastructure projects, particularly in energy and logistics, present further opportunities for growth and investment in El Salvador.

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Exports and Imports In El Salvador

Overview In 2022, El Salvador was the number 100 economy in the world in terms of GDP (current US$), the number 114 in total exports, the number 94 in total imports, the number 111 economy in terms of GDP per capita (current US$) and the number 68 most complex economy according to the Economic Complexity Index (ECI).

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Top Exports of El Salvador

The top exports of El Salvador are Knit T-shirts ($848M), Knit Sweaters ($535M), Electrical Capacitors ($343M), Plastic Lids ($316M), and Raw Sugar ($232M), exporting mostly to United States of America ($2.87B), Guatemala ($1.21B), Honduras ($1.18B), Nicaragua ($497M), and Costa Rica ($304M).

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Top Imports of El Salvador

The top imports of El Salvador are Refined Petroleum ($1.87B), Petroleum Gas ($540M), Broadcasting Equipment ($400M), Packaged Medicaments ($303M), and Light Rubberized Knitted Fabric ($300M), importing mostly from United States of America ($4.94B), China ($2.61B), Guatemala ($2.03B), Mexico ($1.25B), and Honduras ($940M).

BUSINESS OPPORTUNITIES meeting

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