Emerging Markets / February 9, 2017

Economy, Trade, and Agriculture in El Salvador

El Salvador is a small Central American nation, about the same size as New Jersey, with a territory of approximately 21.000 square kilometers. With a population of more than 6 million citizens, El Salvador is one of the most densely populated countries in Central America, in spite of being the smallest herunterladen. Similarly, El Salvador is the only Central American country to only have a Pacific coastline and not an Atlantic one. El Salvador’s gross domestic product (GDP) exceeds US$50 billion and the national economy has enjoyed positive economic growth throughout the last several years herunterladen. Furthermore, since 2006, the country has been an active member in the Dominican Republic and Central America Free Trade Agreement (CAFTA-DR) with the United States muster 64 herunterladen. This article explores the status of the agriculture industry in El Salvador.

Economy, Trade, and Agriculture in El Salvador

El Salvador’s economy is divided into 11% agriculture, 25% manufacturing, and 64% service industry kan discord niet. However, the agriculture industry represents more than 20% of the labor force and its main products are coffee, sugar, corn, rice, beans, oilseed, cotton, sorghum, beef, and dairy products www.whatsapp kostenlos herunterladen. In fact, two-thirds of the population in El Salvador is urban, while the other third lives in rural settings. In terms of trade, El Salvador’s main partners include the US and the neighboring countries of Guatemala and Honduras kostenlose geburtstagsgrüße zum herunterladen. Furthermore, as of 2001, the government of El Salvador introduced the United States dollar (USD) as the national currency, even if some Salvadoran Colones still circulate throughout the country herunterladen.

During 2015, the US sold more than US$160 million worth of consumer foods in exports to El Salvador, an amount that has increased on an annual basis throughout the last decade samsung dex herunterladen. The most commercialized food categories, from the US towards El Salvador, include inputs for baking, pulses, vegetables, dairy products, and non-alcoholic beverages gta 5 ps4. In terms of domestic food preferences, the staple diet in El Salvador consists of corn tortillas, eggs, beans, rice, and meat, whenever available.

It is important to mention that, in spite of its large agricultural industry, El Salvador is a net exporter of food java for windows 10. Therefore, there is a large national debate regarding the widespread use of genetically engineered (GE) crops, even though there are already fields of GE corn cultivated in the country. In order to increase food security and agricultural productivity within El Salvador, the government should implement comprehensive land reform. Today, throughout the world, only 30% of the total land occupied is legally documented and the case of El Salvador is no exception.

Vulnerable and rural populations that depend on the land and on subsistence agriculture for their survival invest more into the land’s productive potential when they are its legal owners. Otherwise, when indigenous and rural populations are working the land without legal security over it, they see no incentive to invest themselves into a project that could be taken away from them by other interests at any point in time. Furthermore, research demonstrates that as rural communities are empowered and given legal rights to the soil that they work, agricultural productivity increases.

(Read more about Rivers and Agriculture in South America)

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