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Industry and Trade
Aeroman is a Salvadoran aeronautic company
licensed by the principal licensing agencies. In
2007, it was partially acquired by ACTS (Air Canada
Technical Support) and now AVEOS.
• It is the only Latin American company member
of the Airbus aircraft repair worldwide network;
operational maintenance network (MRO’s)
• It is an excellence center for the Airbus A320 heavy
maintenance.
• Currently, it is following an aggressive 7-year
expansion plan which would quadruple its production
lines and would add 3,000 more employees to its
operations.
It was a vital factor that TACA company had chosen
El Salvador as an operational hub for all of Central
America, giving a lot a thrust to the sector.
Moreover, the sector benefits from government
programs and support through incentives for
establishing new national and international
companies.
There are excellent opportunities for MRO´s
electronic and spare parts, for companies in the
manufacturing areas such as those dedicated to
assembly and/or manufacturing of pieces and/or
sub-pieces in industries such as automotive parts,
metal and plastic parts.
Other important factors include the closeness to the
coast, competitive labor costs and total compliance
with international standards, such as the “British
Standard Institute”, “ISO9000, ISO 14000, QS 2000
and ISO/TS 16949”.
EXPORTS
In 2008 exports reached US$4.6 billion in textile and
manufacturing products, coffee, sugar, among others.
The USA is the main trade partner (47% of exports)
and neighboring countries such as Guatemala with
14%, Honduras 12% and Nicaragua 6%.
Quarter or Year-End Balance
Annual Growth
Transactions
2005
2006
2007
2008
III
2008
III
2009
III
2009
1 Industry
2 Commerce
3 Services
4 Construction
5 Communications
6 Electricity
7 Agriculture and Fishing
8 Mining and Quarry
9 Finance
10 Maquila (multure)
11 Sub Total
12 Loans between
companies DFI
13 TOTAL
853.5 870.2 891.6 919.7 914.6 936.6
2.4
305.0 356.3 397.3
411.9 401.9 430.8
7.2
125.2 137.1 177.2 184.2 184.3 192.5
4.5
12.412.4 12.3
12.3
12.3
12.3
0.0
793.8 793.9 860.6 917.4 917.4 927.9
1.1
800.2 847.6 847.6 879.5 879.5 879.5
0.0
67.167.7 69.6
69.6
69.6
69.6
0.0
1.529.5 37.8
42.5
42.0
43.3
3.1
250.4 321.9 1489.4 1858.9 1576.0 1902.5 20.7
298.9 298.5 399.1 425.4 420.4 496.1 18.0
3508.1 3735.0 5182.5 5721.5 5418.0 5891.1
8.7
658.4 672.7 733.7 979.8 907.8 987.6
8.8
4166.5 4407.8 5916.3 6701.4 6325.8 6878.7
8.7
Trade Balance
Figures in Million of $US
1/ Excludes instant coffee
(p) Preliminary fgures