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Industry and Trade
Salvadorans are very adept to the consumption of
goods. The fact that the country receives remittances
on a regular basis from Salvadoran nationals living in
the United States (distant brothers) is very relevant.
It is estimated that this represents17% of the
Salvadoran GDP. If remittances continue, commerce
prospers.
The country has many malls that carry the latest
electronic brands and models such as telephones,
fashion, technology, IT and restoration. Big stores
and supermarket chains dominate the consumption
of goods, Multiplaza, Metrocentro, Galerias, La Gran
Vía and Las Cascadas are some of the largest malls.
ELECTRONICS AND
AERONAUTICS
For many years, manufacturing in El Salvador was
mainly represented by the textile and manufacturing
industry.
The country’s strategy in the spare parts sector is
displacing from manufacturing of component to
complete operational assembly, where the country
has shown outstanding hand-labor skills.
Since 1977, El Salvador has production lines of
electronic appliances. Transfer of technology from
the United Kingdom, United States, Mexico and the
Czech Republic, among others. This has allowed for
an increase in the number of companies that operate
in the electronic sector in El Salvador.
El Salvador is the only country in Central America
besides Panama that has aeronautic industry. The
country has developed a free-zone to serve aviation,
where it is carrying out distribution and logistics,
reverse logistics and a training and maintenance
center focusing on learning at work, among others.
El Salvador’s capabilities include glass and carbon
fiber production, as well as electrical engineering
knowledge.
El Salvador has a successful aircraft maintenance
industry, including Aeroman, the best known
company established in El Salvador.
Aeroman provides airframe heavy maintenance services to North American airlines